Metro Detroit

THE FORT SHELBY

August 02, 2017
NHE

When The Fort Shelby in Detroit was reborn as a Doubletree Hotel in 2008, 56 units in the 21-story tower were turned into apartments; now, those apartments are in the process of becoming for-sale condos.  Located at West Lafayette Blvd and 1st Street in Downtown Detroit, the original building was built in 1916, with the tower added in 1926; both were added to the U.S. National Register of Historic Places in 1983.

After a lifetime as a hotel, a full renovation began in 2006 with work on the now mixed-use property completed in late 2008.  In June, it was announced that the apartments were being converted into for-sale condos, meaning ownership of a residence in this historic building was finally a possibility.

Starting in the $280s for a 1 bedroom, and priced upwards of $550k for a 3 bedroom, 6 penthouses will also be available, ranging from $350k to $815k.  All of the units for sale will be located between the 11th and 21st floors in the tower.

As of the June grand opening, about 25% of the available units are spoken for; the rest are expected to be sold within the next 12-18 months.  Several units are currently listed with The Loft Warehouse; if you’re working with an agent, have them reach out to TLW directly.

If you aren’t working with a Realtor, you should be – let’s chat!

New Home Expert Realty owners Lou Bitove & Jeff Bortnick have more than 30 years combined experience in real estate, much of that with builders like Pulte & Toll Brothers.  They also provide market research for area builders, developers and national firms.  If you’re considering a new home, remember: the builders rep represents the builder, not you.  Work with the only local agents in Metro Detroit to specialize in new homes, and save money in the process – ask us how!

 

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