West Village, already an attractive option for renters, is set to gain more rental housing with the announced renovations of the historic West Village Manor building. The 16 apartment units and ground floor anchor retail space will receive complete interior renovations. West Village Manor retail tenants currently include Detroit Vegan Soul
and Tarot & Tea
. The Red Hook Detroit coffee shop
is expected to open there some time soon.
Building owners LAND, Inc.
have tapped real estate development and construction company Banyan Investments for the renovation work. LAND, Inc. is a nonprofit development group based on the city's east side and is a subsidiary of the Warren/Conner Development Coalition
According to LAND, the 1920s-built West Village Manor had fallen into disrepair by the time the group purchased the building in 2009. After an initial $750,000 investment in the building, the newly announced renovation costs fall somewhere between $1 million and $1.3 million, says the group. Construction will begin this fall.
"I am happy to say that LAND, Inc. has fulfilled its mission on this project, acquiring a building that was not contributing positively to the neighborhood, bringing lots of subsidy and partnerships together to make significant improvements, supporting local entrepreneurs and creating jobs," LAND, Inc.'s executive director Jacqueline Bejma in a statement.
The historic West Village neighborhood has seen a number of development projects over the past few years. A neighborhood grocery store, Parker Street Market
, opened in April. Popular bar and restaurant Craft Work opened this past winter
. Even the Detroit Lions are getting involved in West Village
as they partner with Hatch Detroit
in the Neighborhood Initiative, which assists existing storefront retail in capital improvements.
West Village Manor is located at the northeast corner of Agnes Street and Van Dyke Avenue.
Source: LAND, Inc. press release
Writer: MJ Galbraith
Got a development news story to share? Email MJ Galbraith here.