Housing growth continues in Midtown, downtown and Corktown.
The latest: Kirk Pinho of Crain's Detroit Business reports on plans for 48-56 new apartments on Woodward in the New Center area:
Peter Allen, president of Ann Arbor-based mixed-use urban developer Peter Allen & Associates, and three investment partners have purchased a building, have another under contract and are trying to buy the remaining buildings on the block between Milwaukee and Baltimore avenues for a redevelopment project that would add new apartments, retail and office space to that area of New Center.
Allen — also an adjunct faculty member of the University of Michigan’s Stephen M. Ross School of Business and the A. Alfred Taubman College of Architecture and Urban Planning for more than three decades — said he and three former students have purchased the building at 6408 Woodward Ave. two months ago and have the corner building at 6402 Woodward Ave. under contract with the city, with plans to close on the deal by early October.
