One of the issues that have come with the Detroit’s rebirth is the ever growing need for more housing in the thriving areas of the city. Well, a little relief is on the way with the recent announcement from Ilitch Holdings of plans for nearly 700 new residential units through the redevelopment of 4 currently vacant buildings and construction of 2 new ones.
From the Detroit News article,
Four long vacant buildings owned by the Ilitch family will be redeveloped as a part of their grand ambitions to overhaul 50 blocks of the city that will be anchored by the new Little Caesars Arena, according to a source familiar with the plan.
The buildings, along with two newly constructed buildings, will be developed mainly into residential units. Mayor Mike Duggan and Christopher Ilitch, CEO and president of Ilitch Holdings Inc., will make the formal announcement at 11 a.m. Friday.
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