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Development News

August development news round-up: Residential, residential, and more residential

Rendering of the Russell Flats Apartments in Eastern Market

Let's catch up on some of the biggest stories from the past five weeks.

The Detroit Tigers matchup with the Los Angeles Angels of Anaheim last Saturday, August 27 was as notable for an umpire's ejection of two Tigers players and two Tigers coaches as it was for another event at the game: Olympia Development of Michigan in partnership with the Detroit Tigersboth organizations being owned by the Ilitch familyto promote its District Detroit development. 10,000 fans received District Detroit-branded Tigers caps as they entered the game. They were were also treated to numerous video displays and a red carpet promotion as Olympia touted its more than $1.2 billion hockey arena, residential, and commercial development being built north of Comerica Park.

Capitol Park, a public park in the city's downtown, is experiencing its own impressive wave of development as nearly every building surrounding that park is being renovated and redeveloped into apartments and retail space. One of those buildings, the Farwell, has announced a projected fall 2017 opening. DBusiness is also reporting the construction of two brand new buildings. The eleven- and eight-story buildings will contain residential, office, and retail space, replacing a vacant low-rise building and a surface parking lot, respectively.

Another new build, the Russell Flats, will bring 82 new residential units to Eastern Market. The five-story building will also have ground floor retail space. This is part of a major 10-year plan being put into place for the market. 

A crowdfunding campaign is being held to raise funds for the historic log cabin in Palmer Park. If successful, the building and its neglected stained glass windows would be restored and the cabin would be utilized as a community space. Organizers hope to raise $25,000 by October 28 and, in doing so, would receive a $25,000 matching grant from the Michigan Economic Development Corporation and Michigan State Housing Development Authority and their Public Spaces Community Places initiative.

Got a development news story to share? Email MJ Galbraith here or send him a tweet @mikegalbraith.

Read more articles by MJ Galbraith.

MJ Galbraith is Model D's development news editor. Follow him on Twitter @mikegalbraith.
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