On Friday, Detroit-based brokerage firm O'Connor Real Estate listed four development sites totaling nearly 9.5 acres for sale for undisclosed asking prices.

That signals the end for Cummings' Detroit-based The Platform LLC's plans to redevelop the 4.34-acre former Joe Muer restaurant site between Gratiot Avenue and St. Aubin next to the Dequindre Cut, as well as a second phase of the Baltimore Station project in the Milwaukee Junction neighborhood at East Baltimore and John R Road on nearly 1 acre of land.

In addition to those two properties hitting the market, O'Connor has also listed the 1.1-acre site of a former Big Boy restaurant at East Jefferson Avenue and East Grand Boulevard in the Islandview neighborhood across from Belle Isle. The site, which had been contemplated for a new development, had previously been listed in November 2021.The fourth site is 3.1 acres sandwiched between the new apartment building under construction on the former Joe Louis Arena property and Riverfront Towers on the west Detroit riverfront. There have been no recent development plans for the site.

The Friday land listings also follow the listing by Bethesda, Md.-based Walker & Dunlop Inc. earlier this year of The Platform's recently constructed 231-unit apartment building in the New Center area. The $60 million Boulevard apartment building at West Grand Boulevard and Third Avenue next to the Fisher Building opened in 2019. Combined, the listings represent the latest possible major shakeup in the company's real estate portfolio, which it began amassing starting in 2015.

"We've completed a strategic review of our portfolio and decided to sell several properties, which allows us to focus on our core assets with the greatest potential," Clarke Lewis, the new president of The Platform, said in a statement. An interview request was declined.Three of the four sites listed at varying points had recent mixed-use housing projects envisioned, with the exception of the west riverfront site.The Platform purchased the former Joe Muer site in 2017 and planned a multifamily and retail/commercial mixed-use development, but work never began.

The second phase of the Baltimore Station project started construction and then halted in the summer 2019 due to a contractor switch. Work never restarted, and the structural steel installed at the site was removed two years later.
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