Detroit New Construction & Proposed Multifamily Projects 1Q20
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Detroit New Construction & Proposed Multifamily Projects 1Q20 ID PROPERTY UNITS 18 2 Baltimore Station 161 5 City Club 288 2 104 9 Flats at 2660 John R, The 50 11 Elton Park Corktown Phase II 99 12 Woodbridge Estates Phase II 80 Total Lease Up 678 102 13 Hudson's Site 330 14 Book Tower 95 15 Lafayette West 314 103 18 Albert Kahn Building Redevelopment 211 22 Temple Street 70 24 Flats at 440 Alfred, The 69 59 Total Under Construction 1,089 25 Detroit Free Press Building, The 130 72 26 Monroe Block 482 27 Park Avenue Building Redevelopment 78 31 62 28 Renato at Pullman Parc, The 180 101 70 29 Residences @ 150 Bagley 148 73 60 30 Mariners Inn, The 84 58 24 56 31 Mid, The 250 9 12 34 2087 Vermont 100 99 68 56 Brewster - Douglass Site 648 22 57 28 57 Eddystone Hotel Redevelopment 96 30 69 58 Midtown West 175 63 15 59 Sugar Hill 68 27 64 60 Woodward at Midtown, The 110 66 Total Planned 2,549 29 72 Wayne State University 248 5 13 73 West Canfield Street & Rosa Park Blvd 100 100 14 26 67 62 1920 Gratiot 231 76 16th & Bagley Street 60 11 65 98 63 Blenheim Building Redevelopment 100 98 East Riverfront 360 64 Fine Arts Building Redevelopment 100 99 Eastern Market Gateway 253 34 25 65 Gateway Center Building Redevelopment 200 100 Leland, The 339 66 Hastings Place 60 101 Russell Flats, The 82 67 Orleans Landing Phase II 230 102 Grand Trunk Crossing 50 76 68 American, The 163 103 Lee Plaza 180 69 Arena Lofts, The 152 104 West Grand Boulevard & Woodward Avenue 80 70 Brewster Wheeler Recreation 150 Total Prospective 3,138 Center Redevelopment 1000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Detroit New Construction & Proposed Multifamily Projects 1Q20 78 47 48 86 84 85 88 82 49 87 21 ID PROPERTY UNITS 7 7 Midtown Pointe 186 Total Lease Up 186 19 Billings Place Mixed Use 65 21 Uptown Square 383 79 41 77 23 Griffin, The 245 Total Under Construction 693 46 33 Michigan State Fairgrounds 200 19 39 Erin Park 52 83 45 41 Cole Drive Apartments 144 42 42 Epic at Harrison 51 44 23 43 Ferndale Haus Phase II 50 44 Harrison Phase II, The 76 39 45 Hazelton, The 78 46 Main Street 68 43 47 Crooks Road Townhomes 60 48 Zen 286 49 Woodward Avenue 50 Total Planned 1,115 75 74 83 Royal Oak Mixed - Use 92 33 74 Benjamin O. Davis Veterans Village 50 84 Big Beaver Road 96 75 Michigan State Fairgrounds Phase II 300 85 Harrison Poolside 114 77 Little Mack Avenue 60 86 Troy Town Center 850 78 15245 Clinton River 60 87 Maple & Woodward 50 79 Warren Town Center 500 88 North Old Woodward & Bates Street 100 82 Riverland District 200 Total Prospective 2,472 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Detroit New Construction & Proposed Multifamily Projects 1Q20 ID PROPERTY UNITS 1 Montclair at Partridge Creek 613 3 24 at Bloomfield 430 4 Redwood Macomb Phase II 90 6 Encore at Deerhill Villas 92 8 Marquette, The 100 10 Redwood White Lake Phase II 50 6 97 Total Lease Up 1,375 20 96 91 16 Parker Durand 92 53 90 92 95 17 Fountain Circle 258 4 20 City Flats 60 54 94 10 61 93 81 Total Under Construction 410 17 80 1 3 50 40 32 Cabot Residential 65 8 35 Attwood Gardens 70 36 Ann Arbor Trail 50 37 Haggerty Square 201 89 38 Victor Pkwy & 7 Mile 265 40 Jewel Island Marina Residential Development 100 50 Orchard Lake Road 51 Mixed-Use / Keego Harbor 250 51 Bond, The 253 52 Pontiac Trail Independent Senior Housing 130 52 37 53 Blossom Mills 137 38 54 Legacy Rochester Hills 359 32 55 Grand Jefferson 240 71 16 61 Winston Commons 54 36 Total Planned 2,174 55 105 71 Packard Plant Phase III 100 80 Lakeside Circle Senior 57 81 Lakeside Village 100 35 89 Orchard Mews 192 90 Beacon Hill Townhomes Phase V 65 95 Front Street Town Center 100 91 Cedar Valley Phase II 56 96 Redwood Washington Township Phase II 154 92 River Front 135 97 Sashabaw Market Place 280 93 Rochester Hills Trio 124 105 Hubbard-Vernor 53 94 21 Mile Road & Hayes Road 96 Total Prospective 1,512 5 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Detriot New Construction & Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 1 Montclair at Partridge Creek 17721 Montage Clinton Township MI 48038 Lease-Up 613 Clinton Township - West 09/08/2015 04/30/2022 05/30/2016 2 Baltimore Station 6402 Woodward Avenue Detroit MI 48202 Lease-Up 161 Detroit - New Center 04/30/2017 04/30/2021 09/04/2018 3 24 at Bloomfield 2083 South Telegraph Road Pontiac MI 48341 Lease-Up 430 Bloomfield Hills / 03/01/2019 09/30/2020 02/01/2020 Birmingham 4 Redwood Macomb Phase II 23241 Yarrow Avenue Macomb MI 48042 Lease-Up 90 Chesterfield / New Baltimore 11/02/2018 09/30/2020 06/03/2019 5 City Club 313 Park Avenue Detroit MI 48226 Lease-Up 288 Detroit - Downtown 12/01/2017 08/31/2020 06/01/2019 6 Encore at Deerhill Villas 4000 Brookside Road Clarkston MI 48346 Lease-Up 92 Clarkston / Orion 06/01/2018 08/31/2020 11/01/2018 7 Midtown Pointe 1712 Midtown Circle Royal Oak MI 48073 Lease-Up 186 Royal Oak / Oak Park 10/01/2018 07/31/2020 04/01/2019 8 Marquette, The 201 East Washington Street Milford MI 48381 Lease-Up 100 South Lyon / Milford 07/01/2018 06/30/2020 06/03/2019 9 Flats at 2660 John R, The 2660 John R Street Detroit MI 48201 Lease-Up 50 Detroit - Midtown 09/03/2018 04/30/2020 03/01/2020 10 Redwood White Lake Phase II 130 Abbey Road White Lake MI 48383 Lease-Up 50 Holly / White Lake 05/13/2019 04/30/2020 10/01/2019 11 Elton Park Corktown Phase II 2130 Trumbull Avenue Detroit MI 48216 Lease-Up 99 Detroit - South 07/24/2017 04/30/2020 04/01/2019 12 Woodbridge Estates Phase II 1200 Martin Luther King Jr Blvd Detroit MI 48201 Lease-Up 80 Detroit - Midtown 06/14/2018 04/30/2020 10/01/2018 Total Lease-Up 2,239 13 Hudson's Site 1206 Woodward Avenue Detroit MI 48226 Under Construction 330 Detroit - Downtown 03/01/2019 06/30/2023 14 Book Tower 1265 Washington Blvd Detroit MI 48226 Under Construction 95 Detroit - Downtown 09/01/2017 01/31/2022 15 Lafayette West 1401 Rivard Street Detroit MI 48207 Under Construction 314 Detroit - Downtown 11/01/2019 01/31/2021 16 Parker Durand 8003 Kercheval Avenue Detroit MI 48214 Under Construction 92 Detroit - East 02/01/2020 12/31/2020 17 Fountain Circle Auburn Road & College Avenue Auburn Hills MI 48326 Under Construction 258 Auburn Hills 10/01/2019 10/31/2020 Albert Kahn Building 18 7430 2nd Avenue Detroit MI 48202 Under Construction 211 Detroit - New Center 09/01/2019 09/30/2020 Redevelopment 19 Billings Place Mixed Use 221 North Main Street Royal Oak MI 48067 Under Construction 65 Royal Oak / Oak Park 04/01/2019 09/30/2020 20 City Flats 1454 North Rochester Road Rochester Hills MI 48307 Under Construction 60 Rochester Hills 03/01/2019 08/31/2020 21 Uptown Square 1300 Livernois Road Troy MI 48083 Under Construction 383 Troy 06/01/2019 06/30/2020 22 Temple Street 640 Temple Street Detroit MI 48201 Under Construction 70 Detroit - Midtown 09/01/2019 06/30/2020 23 Griffin, The West 10 Mile Road & South Main Street Royal Oak MI 48067 Under Construction 245 Royal Oak / Oak Park 09/10/2018 05/31/2020 24 Flats at 440 Alfred, The 440 Alfred Street Detroit MI 48201 Under Construction 69 Detroit - Midtown 12/01/2017 04/30/2020 Total Under Construction 2,192 25 Detroit Free Press Building, The 321 West Lafayette Blvd Detroit MI 48226 Planned 130 Detroit - Downtown 26 Monroe Block 118 Monroe Avenue Detroit MI 48226 Planned 482 Detroit - Downtown Park Avenue Building 27 2001 Park Avenue Detroit MI 48226 Planned 78 Detroit - Downtown Redevelopment 28 Renato at Pullman Parc, The 1100 St Aubin Street Detroit MI 48207 Planned 180 Detroit - Downtown 29 Residences @ 150 Bagley 150 Bagley Street Detroit MI 48226 Planned 148 Detroit - Downtown 30 Mariners Inn, The 445 Ledyard Street Detroit MI 48201 Planned 84 Detroit - Midtown 31 Mid, The 3750 Woodward Avenue Detroit MI 48201 Planned 250 Detroit - Midtown 32 Cabot Residential 13726 Dexter Avenue Detroit MI 48238 Planned 65 Detroit - New Center Source: Yardi Matrix Yardi Source: Detriot New Construction & Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP West State Fair Avenue & 33 Michigan State Fairgrounds Detroit MI 48203 Planned 200 Detroit - North Woodward Avenue 34 2087 Vermont 2087 Vermont Street Detroit MI 48216 Planned 100 Detroit - South 35 Attwood Gardens 5454 Venoy Road Wayne MI 48184 Planned 70 Wayne / Romulus 36 Ann Arbor Trail 166 East Ann Arbor Trail Plymouth MI 48170 Planned 50 Canton / Plymouth 37 Haggerty Square 19700 Haggerty Road Northville MI 48167 Planned 201 Livonia / Redford 38 Victor Pkwy & 7 Mile 7 Mile & Victor Pkwy Livonia MI 48152 Planned 265 Livonia / Redford 39 Erin Park 23111 Dale Avenue Eastpointe MI 48021 Planned 52 Roseville Jewel Island Marina 40 41680 Conger Bay Drive Harrison Township MI 48045 Planned 100 Harrison Township Residential Development 41 Cole Drive Apartments 8525 Cole Drive Warren MI 48093 Planned 144 Warren 42 Epic at Harrison East Harrison Avenue & Knowles Street Royal Oak MI 48067 Planned 51 Royal Oak / Oak Park 43 Ferndale Haus Phase II 475 Withington Street Ferndale MI 48220 Planned 50 Royal Oak / Oak Park 44 Harrison Phase II, The 1210 Morse Avenue Royal Oak MI 48067 Planned 76 Royal Oak / Oak Park 45 Hazelton, The 222 East 6th Street Royal Oak MI 48067 Planned 78 Royal Oak / Oak Park 46 Main Street 1005 North Main Street Royal Oak MI 48067 Planned 68 Royal Oak / Oak Park 47 Crooks Road Townhomes West Wattles Road & Crooks Road Troy Troy MI 48098