Lafayette Park/Du Charme Place Development

[DetroiterOnTheWestCoast]

I have never heard of this proposed development of 185 housing units in Lafayette Park until today. Does anyone have any more info on it?

"The Detroit City Council recently approved four Detroit Brownfield Redevelopment Authority [[DBRA) brownfield tax increment incentive plans for renovation projects in Midtown and Downtown Detroit. The renovations include mixed use buildings, parking structures, apartments and a distribution/warehouse and office building."

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• Du Charme Place, LLC, is the developer of Du Charme Place at 1544 East Lafayette Street. The project entails three, four-story buildings with a total of 185 one- and two-bedroom units and 267 parking spaces. The estimated total investment is approximately $30 million. The DBRA approved a TIF plan that will allow recovery of nearly $5 million for eligible activities.

http://staging-degcv3.cirrusabs.com/blog/detroit-city-council-approves-dbra-plans/