After building primarily suburban subdivisions for years, one of the
nation's largest private home builders, Kimball Hill Homes, is heading
downtown; including home construction in cities like Detroit.
Excerpts from the article:
The company recently formed a new division to concentrate on
central-city development and also announced plans for four projects —
three in Chicago and one in Detroit — designed in part to shine a
spotlight on the problem of affordable housing.
Fox Creek, the Detroit project, is an attempt to revive a neighborhood
on the city’s Far East Side with up to 4,000 new homes, 50 percent of
them in the affordable category.
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