Royal Oak’s Center Street Lofts project filled

It’s becoming harder and harder to find a place to live in downtown Royal Oak these days. Another one of the vibrant city’s developments has sold out. This time it’s the Center Street Lofts development.

All of the downtown development’s 19 lofts are either sold or leased. The sold units ranged in price from $300,000 to $500,000 and the leased units went for $2,000 to $3,000 a month.

Center Street Lofts is the second of a two-building project between Center and Main streets, on the other side of 11 Mile Road, across from Memphis Smoke. The nearby Main Street Lofts project at the corner of 11 Mile and Main sold out two years ago.

The five-story Center Street Lofts building now bookends the block, helping create a streetwall on 11 Mile. The lofts range in size from 1,000 and 2,700 square feet and came with 17 different floor plans. Ground-floor retail space in the building was forsaken to make room for parking and storage spaces.

The group of developers behind the Center Street Lofts project also built the Troy Street Lofts and Main Street Lofts, both sold out, in downtown Royal Oak. They are also building the Lofts on the 9 development in downtown Ferndale.

Source: Center Street Lofts
Writer: Jon Zemke