Controversial businessman Anthony Soave has announced "Elton Park" a project of 400 apartments in the Corktown pocket north of Michigan and east of Trumbull. Included in the project will be the Checker Cab building on Trumbull.

"The planned Elton Park development is expected to begin with the construction of more than 150 apartments in multiple buildings starting in the spring.

The project includes a rehabilitation of the historic Checker Cab building and construction of new mixed-use buildings with retail space on the first floors. The first phase is expected to be complete by December 2018.

All four phases of the project are expected to cost about $125 million; construction details on the other three phases have yet to be determined."

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http://www.crainsdetroit.com/article...lude-more-than

As many of you know that has been a site of much activity along Michigan, not to mention the former Tiger Stadium site, including some long-running developments like 2000 Brooklyn artist lofts and the Grinnell Lofts. Regarding the latter, one of the lofts there just flipped for over a half mil.
Two-level Corktown Loft in Detroit Draws Record Price of $531K
http://www.dbusiness.com/daily-news/...Price-of-531K/