http://www.mlive.com/business/detroi...l#incart_river
Printable View
can't wait for them to power wash the damn building.. so sick of seeing that graffiti every day
I drove by today and noticed the chute on the side of the building. I wonder where parking is going to be located.
Knock down the church for parking! It's too historic for my liking!
I'm curious... both the 13 story Eddystone and Harbor Lights Hotel Buildings appear to be in a similar condition and size to the wider 8 story Strathmore.... therefore would a $32 million figure be a close ballpark figure for each of their restorations?
If the Strathmore restoration can make a go of it standalone in Midtown... one would think that a similar pair of apartment block restorations right in an exciting new arena district would be even more likely? :confused:
This was in the email that I got from Midtown, Inc. today:
"Environmental remediation work on The Strathmore has begun. Construction on the 129-unit residential building is scheduled to be completed in 18 months."
The words "has begun" are always music to my ears on a project such as this.
The Stathmore Apts. went to from crackhead motel to the 5 star Apts for middle class yuppified hip cool skinny jeaned geek eyeglasses mocha drinking hipsters. Even Phil Drummond and his family can live there with a big penthouse in the sky.
I just did a Google Earth measurement of the Strathmore versus the Eddystone & Park Ave. Hotel... and the Strathmore footprint is about equal to that of the other two combined [[taking into account that the Strathmore has a central light well). Now granted the Strathmore is only 8 stories versus the other two at 13 stories... but it is still a larger project than either of those individually.
It boggles the mind that Ilitch can't make a go of the Eddystone/Park Ave., what with the availability of Historic Tax Credits, and other funding sources! :[[ With being in the Arena zone, it makes it even more perplexing that Ilitch Holdings cannot find a use. They might as well admit that since they've never done it before [[adaptive reuse)... they don't know how!! :eek:
What's up with the attitude toward young people and/or "hipsters" on this forum? If the person is a good tenant and pays the rent on time, what's it matter how they dress or what they drink or do in their free time? You sound like one of those guys on Duck Dynasty who thinks people who wear skinny jeans or have glasses are gay and destined for damnation.
Then why don't you and others who think your way continue to move to Southfield so you can
make it a ghetto and tear that down like you did to Detroit? The Strathmore wasnt originally a crackhead hotel. The area was very nice at one time before it was trashed by those who believe they are oppressed by everyone in system but have no problems having generation after generation of their people supported by it. From your response, it's clear you find having to pay your own rent and support yourself like most civilized people in the world do is beyond your comprehension. There is no shame in being poor. Blacks aren't the only poor people in this world. As lots of former poor people will tell you though the best way to get back on your feet is to get up off your ass.
You show you are new to board when you choose to respond to Danny in the above manner. Give it some time and you will chuckle when you see his posts... He has been a fixture on this board so long that I could identify his posts without seeing his screen-name...
Downtown needs a billy sims bbq if it's gonna be real.
Definitely not. This has been the biggest blight monster for a while now and i'm sooo damn happy it's getting fixed. Love walking by it everyday seeing them hard at work on it. Really cannot wait for the graffiti to come off and for real windows to get put in.
2a and 2b in terms of blight in midtown are park and eddystone hotels in the arena site... but those are also next in line to get [[hopefully) restored... otherwise they will be taken care of very shortly in a different manner [[wrecking ball)
A firestorm is not necessary. What is necessary is an outside developer with the finances and wherewithal to get the job done. I think Olympia has pretty much admitted that they don't have the experience to do it and are looking for someone who does. Of course they can be redeveloped, but not if they take as long as it took the Strathmore to get going. If the arena is finished and the Eddystone and Park Ave are still sitting there waiting for financing to even start rehab, that is not going to be acceptable. While the Ilitch companies have plenty of money and don't seem to be overly shy in spending it, there are still cash flow considerations with a project as big as the arena. There will most certainly be cost overruns. I think $650 million is just a starting figure. And now with the NCAA's booked, there is a deadline as well. I think when Chris Ilitch said they were out of scale with the rest of the area, he was referring more to amount of resources that would have to be put into them in relation to the size of their footprint than their visual size. Bottom line: if someone wants to step up, I think they will be more than welcome.
I think you give the Ilitch's waaaay too much credit for doing the right thing...
Back about 10 years ago a Freep article talked about their business savvy and used the term "flawed brilliance"... they are very smart... but not always so. They let the United Artists Building/Theatre go to crap for over 10 years before they finally decided to put a roof over the building and theatre... long after the scrappers literally emptied out the theatre of much of its' ornate plaster medallions and busts. They owned the Fine Arts Building for 15 years before it finally had to come down because of interior collapse... only reason the facade is still there is because the Detroit Historic Commission told them it must be saved... and so it is... without anything behind it.... still nearly 10 years later...
They wanted to tear down the wonderful half timbered Women's Exchange Building on East Grand Central Park... to replace it with "a decorative sidewalk". When the courts refused their Eminent Domain request during the Stadia land purchases... they showed their vengeance by refusing to help any redeveloper get some parking spots to make this viable. It wasn't until Red Wing Chris Chelios stepped to the plate that they finally relented after almost 10 years of silence towards developers.
The Ilitch's will NOT put out a proposal for redeveloping the Eddystone or Park Ave. Hotels, and if they did... we would have heard about it by now.
So yes... they have plenty of money... but they like to control everything in their development zone... and another owner/developer for the Eddystone and Park Ave. buildings generally doesn't sit well with them. Why? Don't know... someone should ask them.... :[[
Uh, I hear you relative to paying tenants verses the squalor of abandoned properties we currently have. I've seen a few of the so-called 'hipsters' moving north of West Grand Blvd. along Woodward, etc. recently... I'm like if they are responsible tenants or home buyers, come on north!
Furthermore, who's to say there'll not be black people living in the Strathmore once renovated!!
http://www.mlive.com/business/detroi...l#incart_river
press release and details coming tomorrow.. finally! we've seen the work begun however midtown detroit inc was quiet on the news.. .
excited to see what they have in store
Attachment 25541
rendering revealed today
I want to move to there.
http://www.dailydetroit.com/2015/01/...ts-affordable/
40% of the apartments [[~50 units) will be set aside for affordable housing while the rest will be market-rate.
No one would pay full market rent knowing that 40% of the people in your building are likely going to steal from you, not maintain their units and invite crazies into their complex.
While we're at it, we should apply the same sound logic to any car marker and company that received tax credits via any state/local level- we should demand that 40% of Cadillacs, Lincolns and Ram trucks are sold to those making under 28K/year.
Unless there's consistency in thought - it's just media hype.
Thanks for informing us that virtually everyone eligible for affordable housing is a thief, lives like a pig and hangs around with crazies. Time to turn off Fox News.
A forty percent set aside is pretty high. However, given its prime location and the demand in midtown, I doubt the 60% market rate portion will go begging. Midtown, Inc. hardly has a poor track record on their developments.
I can't make any sense of this. If people finance your development on the basis that you provide affordable housing, you have to provide affordable housing, just as if you get tax credits for doing historic preservation, you have to do historic preservation. People usually give tax credits to car makers to keep plants open/build new plants/expand plants. They then have to do that, assuming that people hold them to their commitments, which they often don't do a very good job of.
public officials- you'd better start actively campaigning to bring better jobs to urban detroit. Same goes for all you so called "job creators" constantly looking for tax-incentive hangouts and banks that refuse to lend to minorities and urban-based projects.
Nothing much different in this coverage, but they do say actual construction is to start in 30 days.
http://www.clickondetroit.com/news/s...lding/30678876
When watching this it just begs the question... why not the Eddystone and Park Ave. Hotels??
I'm going to take a WILD guess: It the Eddystone and Park Ave. Hotels were a block or two further away from the Arena [[say by Tempe/Cass), they stay. @ their current location: ?????????????
Thing of it this way, if Ilitch was designing the arena district from scratch, no way would they have old hotels in the middle of brand new construction.
My GUESS: IF they were two blocks further away from the arena [[say near Temple/Cass), they'd most likely stay.
I wonder if the Ilitches want historic construction [[13 stories?) in the middle of new lower rise construction???????????
This is much different than say downtown where almost everything is old construction so if it is sound then it can be redeveloped.
Hmmmmmm.... not necessarily.... the 17 story Wolverine Hotel and 8 story YWCA came down in the Comerica Park area.... they are only empty parking lots today... no reason they had to come down... except that the Ilitch's aren't adept at adaptive reuse.... just slash and raze... :[[
That's a generalized statement and plain wrong. What about people who work 2 jobs to support their family. Just because you don't have much doesn't mean you are a criminal.
On a side note the LIHTC received for this project are probably one of the main reasons it is even happening. These credits help spur development and are an alternative to section 8 housing. On the flip side you have to offer X amount of units for x amount of years for low income residents.
Overall its a win win
More details about the project, the parking bit is interesting since that's been an issue for some projects getting financed in the past.
http://www.crainsdetroit.com/article...dern-amenitiesQuote:
"The defining character of this building is that it's a doughnut-shape building," he said. "There is a courtyard in the center of the building with this big glass skylight. That will be a garden room and community space. It will be a cool vintage 1920s garden lobby."
Retail on the ground floor is expected to include a fitness center, a dog groomer and other boutiques. Atkinson cited the Auburn development on Cass Avenue as an example of the retail mix. Cass Corridog,Source Booksellers and Patrick Thompson Design, among others, call that spot home.
The Strathmore won't feature on-site parking, but MBS has cut deals with or acquired neighboring parking lots for residents' use. Being less than a block from the new M-1 Rail project also helped convince funders that having on-site parking wasn't a deterrent to the deal.
"That's the momentum that pushed the project over the edge," Atkinson said. "Funders see that you're close to public transportation, so you don't need a car and a half for each unit.
I never knew that the building had that inner courtyard. I'm not sure that I'd call it "doughnut shaped" unless there are square doughnuts.
https://www.google.com/maps/place/70...69824a9cd65ef3
drove by it earlier tonight. windows on the top two or three floors were installed when i was going by!! ... and all the lights were lit on those floors... looked great to see a preview of what is to come!
i'll try to get a pic in the next few days or if someone else walks/drives by to do so
When windows are restored in a vacant and vandalized building - at least quality, period appropriate windows - its like you can see the building coming to life before your eyes. I hope someone can post some pics soon.
Attachment 26152
Picture from this morning
http://i.imgur.com/gH3kPye.jpg
update... graffiti completely off !!! looks great and can't wait for it to come online and bring more people living in midtown