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
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