With continued growth and resurgence in downtown Detroit, the need for more residential units has never been greater. That need will soon be getting another boost with the recent announcement of the ground breaking of the Lafayette Park apartment complex
The $45-million project will bring studio, one- and two-bedroom apartments to the area. According to a release, rents will run between $900 and $1,800 per month.
The development will have a fitness center and swimming pool as part of the amenities.
In 2014, it was reported that the complex was to be ready by 2015. Prior to that, the project had been on hold since 2008.
Four apartment buildings are slated to border a courtyard area with a walking path and nearby pool.
The apartments will stand on first-floor parking garages.
The property in the 1500 block of East Lafayette is the former home of the Rochdale Court Apartments low-income senior housing facility razed in 2002. It was sold by HUD to the city for $10 and city officials sold it to DuCharme for the cost of demolition, $349,800.
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