Michigan Real Estate News

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Birmingham’s Downtown Transformation Continues

Birmingham’s downtown transformation continues with the four-story building planned at 294 E. Brown. Part of the development will house a new, multi-story RH showroom. The building with include office and residential space, underground parking, and rooftop use that will include a pool. The Birmingham planning board reviewed and recommended the final site plan for approval at its April 27 meeting. Some residents are concerned about the development’s spread into their residential neighborhood.

 

Building Permit Issued For Former Joe Louis Arena Site

A building permit has been issued for the planned apartment tower on the former Joe Louis Arena site.  A large office tower is also planned. Crews have been on the property since winter. The apartment building construction is expected to be complete within the next two years. There has been talk of building two hotels with about 750 rooms each.  A 20-story office tower of 150,000-300,00 square feet is planned for the northern portion of the property. The construction timelines for the office and hotel buildings is unknown. A building permit was issued Wednesday for the apartment tower planned for the former Joe Louis Arena site in downtown Detroit.

 

Buick City Site Development To Create Thousands of Jobs

A possible development for the Flint’s former Buick City site could be a game changer for the city, potentially creating thousands of jobs. Real estate developer Ashely Capital has the site under contract. The $300 million construction plans are dependent on financing environmental remediation for the site. The funding gap is $15-$20 million. The city of Flint is working with the state and county to come up with the needed funding. If the deal is finalized, construction could start as early as next year.