This is part of the Vanguard Health System's expansion at the Detroit Medical Center. It is amazing how fast these buildings are going up! The one in the background went up last year.
The Perennial Corktown Apartments Chicago-based developer Oxford Capital Group, LLC is building a mixed-use development that will include 10 parcels cornering Michigan and Trumbull. The $93 million, 2.4-acre project will start with the development of 1511 Michigan Ave. – a 188 unit apartment building to include 12,452 square feet of retail space. Developers were approved for $5,882,898 in state brownfield tax credits in 2021 and were approved for a Commercial Rehabilitation Tax Act abatement of $10.6 million by the city. The project is subject to community engagement based upon Tier 1 requirements listed in Detroit's Community Benefits Ordinance . Based upon 60% area median income, about 10% of the units will be affordable . Source: Oxford Capital Group, Michigan Economic Development Corp., Urbanize Detroit, City of Detroit June 2, 2022 August 17,2022 August 31, 2022 January 2, 2023 May 7, 2023 Ju...
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