City Modern Brush Park

**ABetterDetroit** · March-16-17, 07:52 PM

16 condominiums already sold starting at 230k?

That number is almost half of the entire inventory available in the City of Detroit right now north of that asking price.

Impressive start to say the least.

http://www.detroitnews.com/story/new...park/99271192/

https://www.redfin.com/city/5665/MI/...90896:-83.3388

http://www.citymoderndetroit.com/index.html

**DetroiterOnTheWestCoast** · March-16-17, 10:06 PM

I'd say it's a stunning start since they are just breaking ground.

**SammyS** · March-17-17, 06:44 AM

Where can I find a pricelist?

**robbymeme** · March-17-17, 07:18 AM

Originally Posted by SammyS

Where can I find a pricelist?

I had a list, until I realized they were way out of my price range..

About 15 of ~20 Townhouses were reserved [[meaning a few thousand dollar deposit). Average price of those were ~730k if you got the optional rooftop.

Most of the Carriage homes were available at the time, they average about 450k-500k. Only a few were reserved.

Crazy.

**SammyS** · March-17-17, 08:10 AM

Can you send me a link or do I have to go down to the office?

**robbymeme** · March-17-17, 10:33 AM

Originally Posted by SammyS

Can you send me a link or do I have to go down to the office?

You have to go the office, no link that i'm aware of.

**hybridy** · March-17-17, 12:30 PM

“We have 16 signed purchase agreements and nine have reservations to sign purchase agreements,” said Randy Wertheimer, president and CEO of Hunter Pasteur Homes, the builder of the carriage homes and townhomes. The average sales price for the units sold is $590,000, he said.

**1953** · March-17-17, 02:11 PM

Those numbers blow me away.

1953

**EGrant** · March-17-17, 02:53 PM

Link to the site. You can even customize the interior. Pretty cool.

http://www.citymoderndetroit.com/

**Cincinnati_Kid** · March-18-17, 06:10 AM

Overpriced is a understatement.

**SammyS** · March-18-17, 07:32 PM

I wouldn't say overpriced. Rents are exceeding $2/sqf and listings are asking between $200-$250/sqf in and around this development.......and yes, some have sold in that range

**DetroiterOnTheWestCoast** · March-19-17, 10:10 AM

Originally Posted by Cincinnati_Kid

Overpriced is a understatement.

Expensive, for sure. But if they are selling, they are not "overpriced."

**Zacha341** · March-19-17, 11:45 AM

I just keep trying to like these dwellings and just can't. Look thin and cheesy but that's the way of most modern housing. Still they look bunkerish and not appealing to me.

**Király** · March-19-17, 12:06 PM

Originally Posted by DetroiterOnTheWestCoast

Expensive, for sure. But if they are selling, they are not "overpriced."

Hahahahaha. In my city, 90 year old ramshackle houses on standard 33ft lots start at $1 million in the seedier neighbourhoods and go up to $3 million in the nicer ones. Ordinary income earners can no longer buy houses in the city unless they can sell one they bought back when it was affordable.

Example: see what $2.8 million can buy you. Oh, and it's listed at $500k below the assessed value.

Just because dwellings are selling for some price doesn't mean they aren't overpriced.

**emu steve** · March-19-17, 02:33 PM

Originally Posted by Király

Hahahahaha. In my city, 90 year old ramshackle houses on standard 33ft lots start at $1 million in the seedier neighbourhoods and go up to $3 million in the nicer ones. Ordinary income earners can no longer buy houses in the city unless they can sell one they bought back when it was affordable.

Example: see what $2.8 million can buy you. Oh, and it's listed at $500k below the assessed value.

Just because dwellings are selling for some price doesn't mean they aren't overpriced.

Vancouver one of the the most expensive cities in N.America?

This house is a McMansion Candidate? Correct?

**SammyS** · March-19-17, 03:56 PM

Originally Posted by Zacha341

I just keep trying to like these dwellings and just can't. Look thin and cheesy but that's the way of most modern housing. Still they look bunkerish and not appealing to me.

I used to think this way too until coming to the realization that a healthy RE market dictates that the land be worth more than the dwelling. Detroit may not be their yet but rapidly approaching this model which is adopted by just about every other place in the world.

Like cars and other consumables, expendable housing may be the way of the future in major cities and sort after locations. Nothing to say Brush Park has not already been slated by developers to move forward in this direction rather than building dwellings that last centuries. Why not? What is wrong with compromising on material today, razing every couple of decades and then rebuilding with the latest style, amenities and technology? I'll take it!

**Junjie** · March-19-17, 05:26 PM

Originally Posted by emu steve

Vancouver one of the the most expensive cities in N.America?

This house is a McMansion Candidate? Correct?

Vancouver has a huge amount of Chinese money floating around and inflating the market. People looking for a safe place to park their riches [[or kids, wives, mistresses, etc.) where the Communist Party can't get it.

**night-timer** · March-19-17, 07:00 PM

From the Detroit News commentary on the development: "The project that will overhaul 8.4 acres of mostly urban prairie in the Brush Park neighborhood just north of downtown" -- I've always felt Brush Park was ideal for a redevelopment of this sort, mainly due to its proximity to Downtown, Woodward Ave, Foxtown, Midtown, Comerica Park, etc. It's potential was obvious. Not many areas of Detroit have that, and most parts of Detroit - especially the suburbs - could not ask those types of prices.

**bust** · March-21-17, 05:10 PM

This project is in my opinion by far the best thing going in Detroit.

**SammyS** · May-22-17, 10:45 AM

http://www.realtor.com/realestateand...1_M48015-66874

First lot for sale in this development? >$300/sqft is nicely priced

**SammyS** · May-29-17, 02:45 PM

Two more for sale

$433,690
2beds · 2baths
2642 John R St, Detroit
http://www.realtor.com/realestateand...1_M37339-49409

$476,130
2beds · 2baths
2650 John R St, Detroit
http://www.realtor.com/realestateand...1_M37354-02781

**emu steve** · May-29-17, 03:18 PM

Originally Posted by SammyS

http://www.realtor.com/realestateand...1_M48015-66874

First lot for sale in this development? >$300/sqft is nicely priced

Should be interesting...

It should be interesting if they can get almost 1/2 to 3/4M for units/townhomes there.

If they sell, this could be a bigger story than Friday's announcement of almost 700 rentals units.

Developers will be calling the Mayor's office [["Does the city have any more property east of Woodward in Midtown?").

**SammyS** · May-29-17, 03:54 PM

IMO, this is absolute prime location. Walkable, transit and retail right on Woodward, 3 major sports centers, bars, restaurants, entertainment, bike routes etc etc etc. Add to that private garages and adjacent free street parking and you have inner city living at it's best. I'll be eyeballing the smaller flats and units when they come on line simply because it's all I can afford. I feel other more fortunate folks may trade in their upscale suburban digs for the city life. Why not? Happens everywhere else

I'm excited and wish the city and developers the best of luck.

**emu steve** · May-29-17, 04:27 PM

I agree with you.

Lot of great cities have great residential areas near downtowns but Detroit is virtually unique that so much is compacted in such a relatively small area.

All the District Detroit & Brush Park need is more residents and that will lead to more amenities. When someone working downtown can take QLine home and get their hair cut, grab a Subway sandwich, take a short walk to a drug store, etc. then they'll have all of the suburban amenities to go with the assets of downtown/Midtown Detroit.