Best “Places for People” Jeffery Gaither, Steven Schmier Eastern Market

Team 10 - Detroit Saswati Das, Joseph Donelko, Best “Places For People” Jeffery Gaither, Steven Schmier Eastern Market

- 1891 Open air market Lafayette Park - Home to 250 independent vendors - Fresh and Locally produced foods - Prominent Historic Urban Renewal Project - Artisan Village - Walking distance to Greektown The City of Detroit is at the cusp - Lofts and Housing - Residences integrated with Park - Specialty Shops and restaurants - Along the Dequindre Cut of a revitalization. For decades flight - Within a mile of the Detroit Riverfront from the city was at an astounding rate, however this is starting to change. More and more people are investing themselves with the city, determined to see it succeed. Its urban core is at- tracting young professionals to set up businesses and life here. The culture of the Detroit’s institutions, museums, arts and entertainment welcome crowds of people daily.

Detroit is quickly becoming a place to invest in. Its historic neighborhoods are quickly being reclaimed and re- Brush Park vitalized. Places such as Downtown, - Historic Preservation Midtown, Corktown, New Center are - Park Like and Walkable starting to develop beyond the limits - Historic and Beautiful of Woodward Ave. (the main corridor from the city to the suburbs). Its within/ at the limits of these neighborhoods that is key to the success of rebuilding Detroit.

Midtown, Detroit Campus Martius / Downtown - Home to many Mixed use building - Center of Business and Entertainment - Dense walkable - Heart of the City - Cultural Hub of Detroit - Distinct/Historic Art and Architecture - Pedestrian and student friendly - Pedestrian Friendly - Great city views of Downtown Mix-use projects are slowly becoming popular in Downtown Mixed - Use Development Detroit. The success is profiting by taking advantage of the historic culture of old factories and office spaces as a way to revitalize them. People have a desire for this aes- Willys Overland Lofts thetic that is specific to Detroit - Condos and Retail on W Willis St. past and modern day. New devel- - Walking distance to Wayne State and all ma- jor Midtown attractions opments seem to take notice, by - Re-use of old Willys Overland Jeep showroom creating some conversation be- - Retail includes Shinola’s flagship store tween the new and old.

Some other notable projects include Ford Field (sports, office, restaurants) and Mer- chant Row.

The Auburn The Ellington - Mixed use project completed in 2005 - Brand new 12 million dollar development - Walking distance to both Downtown and - Mixed Use on Cass Ave. South of W.S.U. Midtown - Rental Housing - Adjacent to Detroit Medical Center (DMC) - First floor retail with Sy Thai, Melt - Recently developed Whole Foods - Limited parking, exposing street retail - Part of Midtowns core - Adjacent to popular restaurants and busi- - Adjacent to new M1 Rail stop at Mack ness STATION SPONSORS

M-1 RAIL TECH CENTER

SPONSORED BY GRAND BLVD 12 GRAND STATION PONTIAC > Transit Oriented Development DETROIT SPONSORED BY AMTRAK AMTRAK STATION STATION 11 < DEARBORN

SPONSORED BY

MLK/MACK 6 6 MLK STATION

SPONSORED BY ARENA + Transit Oriented Development GRAND RIVER ENTERTAINMENT DISTRICT 5 SIBLEY STATION has long been dismissed since the 5 Campus Martius losing of street cars in Detroit. Since I-75 4 4 FOXTOWN STATION I-375 then the main source of transportation SPONSORED BY - High density of tall buildings SPONSORED BY - Park type setting has been bus or car. Now with the im- 3 3 GRAND CIRCUS STATION - Afternoon events and attrac- ROSA plementation of the M1-Rail line down MICHIGAN AVE PARKS TRANSIT GRATIOT tions CENTER Woodward and many “in the pipe” in- - Historic Architecture 2 CAMPUS MARTIUS STATION - Its own M1 rail stop frastructure projects Transit design will 2 SPONSORED BY SPONSORED BY - Food trucks/stalls be on the raise. DETROIT GREYHOUND STATION - Mixed-use Live work play 1 CONGRESS STATION buildings THE JEFFERSON DETROIT PEOPLE MOVER The Neighborhoods along Woodward WINDSOR-DETROIT TUNNEL (TUNNEL BUS) will see the biggest growth from this transit system. It will provide many with the opportunity to quickly and

Rail stops to be com- POWERED BY efficiently trek from downtown to new pleted along Wood- center, from the business core to the ward entertainment and cultural hubs.

Source : http://m-1rail.com/streetcar-line/station-stops/ Exciting the Sidewalk The City of Detroit is at the cusp of a revitalization. For decades flight from the city was at an astounding rate, however this is starting to change. Lafayette St. Greektown More and more people are investing themselves with the city, determined - Walkable - Low and Compressed to see it succeed. Its urban core is at- - Large Street windows tracting young professionals to set up - Store fronts can open up to the street businesses and life here. The culture of - Highly preserved historic streets - Known for its bar and foodie scene the Detroit’s institutions, museums, arts - Casino adjacent to street and entertainment welcome crowds of - Traditional & unique Greek restaurants people daily. - One of the many cultural significant dis- tricts in the city Detroit is quickly becoming a place to invest in. Its historic neighborhoods Midtown, Detroit are quickly being reclaimed and re- vitalized. Places such as Downtown, - Walkable - Large Storefront windows Midtown, Corktown, New Center are - Lots of Street front Retail and Restaurants starting to develop beyond the limits - Cultural Institutions add to the grandeur of of Woodward Ave. (the main corridor the street -New stops on M1 Rail to Downtown and from the city to the suburbs). Its within/ north to New Center’s bus and Amtrak sta- at the limits of these neighborhoods tions that is key to the success of rebuilding Detroit.

Michigan Ave. Corktown Cadillac Square Food Trucks GM River Front Detroit Institute Of Bagels, Michigan Ave Eastern Market Rent and Sales Price Premiums

Location Unit type Rent per month Square Foot Price per SF Premium Sale Price percentage

University Tower, WSU 2 bed, 1bath $570.00 800 $0.71

5766 Trumbull St APT 204,Detroit, MI 48208 1 bed, 1bath loft $1,475.00 1084 $1.36

3139 Woodward Ave Detroit, MI 48201 2 bed, 1 bath loft $1,750.00 1250 $1.40

66 Winder St APT 203,Detroit, MI 48201 2 bed, 2 bath $1,850.00 1084 $1.71

66 Winder St Detroit #14214, MI 48201 0 bed, 1bath $188,000.00 770 $244.16

Willys Overland Loft

444 W Willis St Detroit, MI 48201 Unit 303 1 bed, 1bath $289,900.00 977 $296.72 66

444 W Willis St Detroit, MI 48201 Unit 407 0 bed, 2bath $258,448.00 1842 $140.31 48

444 W Willis St Detroit, MI 48201 Unit 514 1 bed, 2bath $329,000.00 1842 $179.10 88

The Auburn

4240 Cass Avenue Detroit, Mi 48201 Studio, 1bath $800.00 560 $1.43 7

4240 Cass Avenue Detroit, Mi 48201 1 bed, 1bath $950.00 615 $1.54 27

The Ellington

3670 Woodward Ave APT 413,Detroit, MI 48201 1 bed, 1.5bath $196,500.00 1007 $195.13 12

3670 Woodward Ave APT 503,Detroit, MI 48201 1 bed, 1.5bath $203,000.00 862 $235.50 16

3670 Woodward Ave # 19303,Detroit MI48201 0 bed, 2bath $155,000.00 862 $197.81 -11

Sources: http://www.zillow.com/homes/for_rent/ www.myapartmentmap.com/neighborhoods/detroit/midtown/ http://www.trulia.com/real_estate/Midtown-Detroit/3855/market-trends/ Paths of Growth Midtown | New Center

These two neighborhoods are the significant paths of growth and Cass and Canfield will continue to be as Detroit transi- tions. Their amenities and placemaking - 410,000 square foot development - Includes Apartments, Hotel and First floor retail landmarks are what is drawing more - Located On Wayne State Campus, Midtown and more people to the area. In doing - Densifies and Heightens the neighborhood so more and more people are asking - Could bring more retail such as pharmacies and grocery store for residents. themselves that this could be a place - Sets the stage for a re-branding of the Cass for them to live, work and play. Corridor

Lawrence Tech Design Center

- 30,000 square foot development - Includes design education center - Brings Young professionals and students into a growing area Source : http://www.anthonylegins.com - Creates a new relationship between profession- al office and Student institution The map above depicts population density of De- - Has the possibility for retail on the ground level. troit as of 2010. It shows where growth was but all - Adds to the idea of people wanting to have a points out is vacancies. Because of our knowledge part of Detroit. of the number of projects and life of the area, the light stretch around the Woodward corridor is a place for growth, especially within the cultural hub centered around Midtown and New Center.