Detroit’s Lee Plaza building shopped to developers
Detroit’s Lee Plaza might have some life left in it yet as the city shops it to potential developers.Excerpt:Lee Plaza may just see new life: Its owner, the City Housing Commission, is looking to work with a viable developer to build the financing necessary to revive the property. In the case that the numbers could be made to work, the agency would part with the building for $1.Built in 1929, the 15-story Art Deco tower is located on West Grand Boulevard and has sat vacant for since the early 1990s. Mildred Robbins of the West Grand Blvd. Collaborative has hopes that a renovated Lee Plaza would be of great benefit to the neighborhood. “If something were to come of this, it could create a revitalized environment,” she says. “It can mean jobs, sustainability, more community in terms of businesses, retail and housing.”Read the rest of the story here.
Detroit’s Lee Plaza might have some life left in it yet as the city shops it to potential developers.
Excerpt:
Lee Plaza may just see new life: Its owner, the City Housing Commission, is looking to work with a viable developer to build the financing necessary to revive the property. In the case that the numbers could be made to work, the agency would part with the building for $1.
Built in 1929, the 15-story Art Deco tower is located on West Grand Boulevard and has sat vacant for since the early 1990s. Mildred Robbins of the West Grand Blvd. Collaborative has hopes that a renovated Lee Plaza would be of great benefit to the neighborhood. “If something were to come of this, it could create a revitalized environment,” she says. “It can mean jobs, sustainability, more community in terms of businesses, retail and housing.”
Read the rest of the story here.
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