Michigan Real Estate News

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New Apartment Building Proposed for Detroit’s Midtown

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Greatwater Opportunity Capital has proposed a new four-story, 57-unit apartment building next to the existing fire-damaged Brainard Apartments. After a February 2020 fire, Greatwater acquired the Brainard Apartments and the site next to it that is home to two unused solar panel arrays. The panels once supplied some electricity to the Brainard Apartments, but since the fire, the panels have stayed off. The developer is almost finished with the Brainard Apartments’ rehabilitation. Greatwater plans to remove the solar panels to make way for the new building that will include studio and one-bedroom apartments as well as ground-floor commercial space.

 

Switch Expands Former Steelcase Pyramid Site

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The former Steelcase Pyramid site south of Grand Rapids is facing a major expansion. Switch, the Las Vegas-based data storage company, is excavating at the Steelcase Pyramid campus in Gaines Township.  It’s building a 312,000-square-foot building separate from the Pyramid.  The project includes a 1,000-square-foot pump house.  Work on the expansion site began in the spring, with the concrete foundations expected to be poured before the snow flies. The cost of the project, its contractor and completion date have yet to be disclosed. According to Switch’s second-quarter earnings report, it allocated $800,000 toward site preparation.

 

New Amazon Fulfillment Center Opening is Delayed

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Detroit’s new fulfillment center opening will be delayed until next year. The 3.8 million-square-foot fulfillment center was originally scheduled to be open by spring of 2022.  It’s being built on the city’s old Michigan State Fairgrounds on Woodward near Eight Mile. Developers faced backlash from community members who expressed concerns about hiring locally and environmental protections at the site. Amazon promised the city to recruit Detroit residents through the Detroit at Work employment program, beginning 5 months ahead of the facility’s opening. According to the city, 100 Detroit residents currently work at the fulfillment center. Recruitment efforts to fill those positions began earlier in 2022. Michigan currently has five Amazon fulfillment centers, one tech hub and seven Whole Foods Market locations.