Detroit New Construction & Proposed Multifamily Projects 2Q20
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Detroit New Construction & Proposed Multifamily Projects 2Q20 ID PROPERTY UNITS 98 River Front 135 99 Rochester Hills Trio 124 1 Montclair at Partridge Creek 613 100 21 Mile Road & Hayes Road 96 3 24 at Bloomfield 430 101 Front Street Town Center 100 4 Redwood White Lake Phase II 50 102 Redwood Washington 5 Redwood Macomb Phase II 90 Township Phase II 154 6 The Marquette 100 103 Sashabaw Market Place 280 8 Encore at Deerhill Villas 92 111 Hubbard-Vernor 53 Total Lease Up 1,375 Total Prospective 2,170 17 Fountain Circle 258 8 103 23 City Flats 60 102 25 Gardenview Estates Phase IV 50 23 97 Total Under Construction 368 56 98 96 101 35 Cabot Residential 65 55 5 38 Haggerty Square 201 57 4 100 39 Victor Pkwy & 7 Mile 265 63 17 99 41 Jewel Island Marina 86 1 Residential Development 100 85 3 51 41 51 Orchard Lake Road Mixed - Use / 82 Keego Harbor 250 6 52 The Bond 253 53 Lyon Crossing 340 54 Pontiac Trail Independent 130 Senior Housing 95 55 Glenwood Senior 106 53 56 Blossom Mills 137 81 57 Legacy Rochester Hills 359 94 63 Winston Commons 54 52 Total Planned 2,260 38 79 Ann Arbor Trail 57 54 39 80 Hillside Residences 88 81 Little Mack Avenue 60 82 Clinton Place Redevelopment 283 35 80 85 Lakeside Circle Senior 57 79 86 Lakeside Village 100 25 94 Novaplex 270 95 Orchard Mews 192 96 Beacon Hill Townhomes Phase V 65 111 97 Cedar Valley Phase II 56 5 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Detroit New Construction & Proposed Multifamily Projects 2Q20 ID PROPERTY UNITS 75 West Canfield Street & Rosa Park Blvd 100 77 16th & Bagley Street 60 7 City Club 288 78 Left Field Housing 120 9 Elton Park Corktown Phase II 99 104 East Riverfront 360 11 Woodbridge Estates Phase II 80 61 105 The Hive on Russell 71 Total Lease Up 467 106 The Leland 340 107 The Russell Flats 82 12 Hudson's Site 330 74 Total Prospective 2,787 13 Book Tower 95 14 Eddystone Hotel Redevelopment 96 15 Lafayette West 314 33 21 The Flats at 440 Alfred 69 64 24 Temple Street 70 75 71 107 Total Under Construction 974 62 60 59 21 26 The Detroit Free Press Building 130 27 Monroe Block 482 11 28 Orleans Landing Phase II 230 105 69 14 29 Park Avenue Building Redevelopment 78 24 30 The Renato at Pullman Parc 180 72 30 32 70 31 Residences @ 150 Bagley 148 32 The Mariners Inn 84 15 33 The Mid 250 65 66 37 2087 Vermont 100 29 68 59 Brewster - Douglass Site 648 60 Midtown West 175 31 7 61 Sugar Hill 68 12 78 106 13 62 The Woodward at Midtown 110 27 28 9 Total Planned 2,683 67 104 64 1920 Gratiot 231 37 26 65 Blenheim Building Redevelopment 100 66 Fine Arts Building Redevelopment 100 67 Gateway Center Building Redevelopment 200 68 Hastings Place 60 77 69 The American 163 70 The Arena Lofts 152 71 Brewster Wheeler Recreation Center Redevelopment 150 72 North Corktown Housing 250 74 Wayne State University 248 1000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Detroit New Construction & Proposed Multifamily Projects 2Q20 83 48 ID PROPERTY UNITS 49 91 89 10 Midtown Pointe 186 Total Lease Up 186 90 93 87 19 Billings Place Mixed Use 65 92 22 50 20 The Griffin 245 22 Uptown Square 383 Total Under Construction 693 10 34 Benjamin O. Davis Veterans Village 50 36 Michigan State Fairgrounds 200 40 Erin Park 52 42 Cole Drive Apartments 144 43 Epic at Harrison 51 44 Ferndale Haus Phase II 50 84 42 45 The Harrison Phase II 76 46 The Hazelton 78 47 Main Street 68 47 48 Crooks Road Townhomes 60 49 Zen 286 19 50 Woodward Avenue 50 Total Planned 1,165 88 46 43 45 76 Michigan State Fairgrounds Phase II 300 20 83 15245 Clinton River 60 84 Warren Town Center 500 40 87 Riverland District 200 88 Royal Oak Mixed - Use 92 44 89 Big Beaver Road 96 90 Harrison Poolside 114 91 Troy Town Center 850 92 Maple & Woodward 50 93 North Old Woodward & Bates Street 100 76 34 Total Prospective 2,362 36 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Detroit New Construction & Proposed Multifamily Projects 2Q20 73 18 110 2 108 ID PROPERTY UNITS 109 2 Baltimore Station 161 16 Total Lease Up 161 16 Parker Durand 92 18 Albert Kahn Building Redevelopment 211 Total Under Construction 303 58 58 Grand Jefferson 240 Total Planned 240 73 Packard Plant Phase III 100 108 Grand Trunk Crossing 50 109 Lee Plaza 180 110 West Grand Boulevard & Woodward Avenue 80 Total Prospective 410 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Detroit 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 Bloomfield Hills / 3 24 at Bloomfield 2083 South Telegraph Road Pontiac MI 48341 Lease-Up 430 03/01/2019 09/30/2020 02/01/2020 Birmingham 4 Redwood White Lake Phase II 130 Abbey Road White Lake MI 48383 Lease-Up 50 Holly / White Lake 05/13/2019 09/30/2020 10/01/2019 Chesterfield / New 5 Redwood Macomb Phase II 23241 Yarrow Avenue Macomb MI 48042 Lease-Up 90 11/02/2018 09/30/2020 06/03/2019 Baltimore 6 The Marquette 201 East Washington Street Milford MI 48381 Lease-Up 100 South Lyon / Milford 07/01/2018 08/31/2020 06/03/2019 7 City Club 313 Park Avenue Detroit MI 48226 Lease-Up 288 Detroit - Downtown 12/01/2017 08/31/2020 06/01/2019 8 Encore at Deerhill Villas 4000 Brookside Road Clarkston MI 48346 Lease-Up 92 Clarkston / Orion 06/01/2018 08/31/2020 11/01/2018 9 Elton Park Corktown Phase II 2130 Trumbull Avenue Detroit MI 48216 Lease-Up 99 Detroit - South 07/24/2017 07/31/2020 04/01/2019 10 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 11 Woodbridge Estates Phase II 1200 Martin Luther King Jr. Blvd Detroit MI 48201 Lease-Up 80 Detroit - Midtown 06/14/2018 07/31/2020 10/01/2018 Total Lease-Up 2,189 12 Hudson's Site 1206 Woodward Avenue Detroit MI 48226 Under Construction 330 Detroit - Downtown 03/01/2019 06/30/2023 13 Book Tower 1265 Washington Blvd Detroit MI 48226 Under Construction 95 Detroit - Downtown 09/01/2017 01/31/2022 14 Eddystone Hotel Redevelopment 110 Sproat Street Detroit MI 48201 Under Construction 96 Detroit - Midtown 02/01/2020 09/30/2021 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 18 7430 2nd Avenue Detroit MI 48202 Under Construction 211 Detroit - New Center 09/01/2019 09/30/2020 Building 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 The Griffin West 10 Mile Road & South Main Street Royal Oak MI 48067 Under Construction 245 Royal Oak / Oak Park 09/10/2018 09/30/2020 21 The Flats at 440 Alfred 440 Alfred Street Detroit MI 48201 Under Construction 69 Detroit - Midtown 12/01/2017 08/31/2020 22 Uptown Square 1300 Livernois Road Troy MI 48083 Under Construction 383 Troy 06/01/2019 08/31/2020 23 City Flats 1454 North Rochester Road Rochester Hills MI 48307 Under Construction 60 Rochester Hills 03/01/2019 08/31/2020 24 Temple Street 640 Temple Street Detroit MI 48201 Under Construction 70 Detroit - Midtown 09/01/2019 08/31/2020 25 Gardenview Estates Phase IV 16461 Van Buren Avenue Detroit MI 48228 Under Construction 50 Detroit - West 09/22/2014 07/31/2020 Total Under Construction 2,338 26 The Detroit Free Press Building 321 West Lafayette Blvd Detroit MI 48226 Planned 130 Detroit - Downtown 27 Monroe Block 118 Monroe Avenue Detroit MI 48226 Planned 482 Detroit - Downtown 28 Orleans Landing Phase II Atwater Street & Orleans Street Detroit MI 48207 Planned 230 Detroit - Downtown Park Avenue 29 2001 Park Avenue Detroit MI 48226 Planned 78 Detroit - Downtown Building Redevelopment 30 The Renato at Pullman Parc 1100 St Aubin Street Detroit MI 48207 Planned 180 Detroit - Downtown 31 Residences @ 150 Bagley 150 Bagley Street Detroit MI 48226 Planned 148 Detroit - Downtown Source: Yardi Matrix Yardi Source: Detroit New Construction & Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 32 The Mariners Inn 445 Ledyard Street Detroit MI 48201 Planned 84 Detroit - Midtown 33 The Mid 3750 Woodward Avenue Detroit MI 48201 Planned 250 Detroit - Midtown 34 Benjamin O.