Michigan Real Estate News

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Former Scripps Mansion Site Envisioned For Townhomes

A trio of developers are planning 65 townhomes in Detroit’s Woodbridge neighborhood. The $18.5 million development is at 3700 Trumbull St. between Selden and Brainard streets. The joint venture is a collaboration between Detroit-based Tekton Development, Detroit-based Civic Companies, and Bloomfield Hills-based Robertson Bros. The development would have 48 one-bedroom townhomes with about 1,300 square feet and 16 two-bedroom townhomes with about 1,600 square feet. Construction should begin in the fall and be completed within three years.

Dead Malls Repurposed In Surprising Ways

Dead malls are the ghost of retail pasts, but they’re being repurposed in creative ways. Amazon is using old mall space as new fulfillment centers. One dead mall has become the new headquarters for Fortnite creator Epic Games. To survive, malls are bringing in non-traditional tenants like bowling alleys, gyms, and grocery stores. Turnover and vacancy are high in mall real estate right now.

Michigan Real Estate News Headlines – April 19, 2021

National

Supply chain hit hard by COVID-19 pandemic drives up house prices

Abandoned malls are getting second lives

What Will Happen to All the Empty Office Buildings and Hotels?

Lumber frenzy drives up home prices as suppliers can’t keep up

Detroit

Former Scripps Mansion site in Woodbridge envisioned for 65 townhomes

Detroit greenway projects blaze trails for recreation, tourism

New downtown Detroit Meijer store will have a Mudgie’s Deli and more

Real Estate Insider: Penobscot Building owner seeks to overturn blight tickets

Grand Rapids

Perrigo breaks ground on new Grand Rapids headquarters

Southeast Michigan

Metro Detroit home sales pace: on fire

Want that house? Get your bid in yesterday

Supply chain hit hard by COVID-19 pandemic drives up house prices

With too few listings to go around, metro Detroit real estate agents struggle to find elbow room

Single-family starter homes harder to find, afford in metro Detroit

Boji finalizes purchase of former Linda Dresner building in downtown Birmingham

A new lease signed, Volkswagen’s Auburn Hills building put up for sale

Drought to close four locations, expand wholesale operation

Developer pitches homes, event venue, tasting room, mill for Erwin Orchards land in Lyon

Home sales in region hit hectic pace in March as showings, sales prices jump

Car wash planned for long vacant Westland corner along Ford Road

Outstate

Michigan to trim offices in Lansing, whose downtown struggles amid pandemic

Family Fare property sold to Gates Family Real Estate Holdings in February