The Roxbury Group has revived a plan to add 80 residential units atop a 10-story parking deck located behind the Westin Book Cadillac Detroit, called
the Griswold. The initial plan in 2007 was to build condo units in this location, but the development company was unable to proceed with these construction plans during the housing market collapse and economic recession. In 2008, plans were shelved. Now with a skyrocketing demand for rental units downtown with more than 15,000 workers added to the central business district since 2010, Roxbury has decided the time is right to re-introduce the proposal, but as rental units instead. The proposal has been submitted and Roxbury principal David DiRita says the project will take 12-18 months to complete. It will be designed by
Kraemer Design Group, a firm that is heavily involved in many various downtown development projects.
The
Detroit Bus Company has announced that they will launch a new express and commuter bus service between downtown, Midtown, Ferndale, Royal Oak, and Troy, with rides to the airport just $12 one way and $22 roundtrip
called the Hotline. The pilot launches Nov. 27.
According to
Crain's Detroit Business,
Triton Properties has purchased four more apartment buildings along the Detroit Riverfront. This is the same development group behind the
Alden Towers renovation.
A
30-year lease of Belle Isle to the state was approved by the Michigan loan board, rejecting an alternative Detroit City Council proposal for a 10-year lease and beginning a 90-day transition period to state control.
Writer: Nicole Rupersburg
Got a Development News story to share? Email Nicole here.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.