Michigan Real Estate News Roundup
A roundup of interesting Michigan real estate news from the past week.
- 340 new rental apartments are planned for downtown Detroit, in a renovation of the historic Leland House residential building.
- A national affordable housing group reports that Michigan has an affordable housing shortage.
- MLive has an interesting list (including photos) of notable construction projects in Detroit and calculates there is $5.1B of construction occurring in the city.
- Amazon is building its fourth warehouse in Michigan. The latest warehouse is in Gaines Township, near Grand Rapids.
- The potential redevelopment of the Conners Creek power plant site in Detroit, owned by DTE Energy, continues to generate buzz.
- The rumors of Ford purchasing the former Michigan Central Depot in the Corktown neighborhood of Detroit appear to be a reality, as the property was transferred to an entity that appears to be affiliated with Ford.
David Nykanen has over 22 years experience as a real estate lawyer. He is the former Chair of the Real Property Law Section of the State Bar of Michigan. Dave has represented property owners of virtually every type, including retail, multi-family, industrial, office, hotel, and high-end residential.