AKT Peerless secured a $1.1 million Brownfield Tax Credit for the project.
After years of planning, the $16.7 million redevelopment of two buildings in Detroit’s Cass Corridor began with a ceremonial groundbreaking today.
Plans for the redevelopment of 3350 Cass Avenue, built in 1924, and 149 Davenport, built in 1918, have been in the works for seven years, since Cass Corridor Neighborhood Development Corp. took control of them, said Patrick Dorn, CCNDC executive director.
The buildings will be renovated into 47 low-income housing units; the project is expected to be complete next May.
Susan Mosey, executive director of Midtown Detroit Inc., said the buildings’ location in the Cass Corridor is significant because the street is an important connector through Midtown. Mosey said Cass will become even more important as more retail and other small businesses open in the area.
$16.7M redevelopment of Cass Corridor apartment buildings kicks off
– Bridget Vis
Crain’s Detroit