housing and urban development http://michiganradio.org en $60 million redevelopment project to add housing to Detroit's riverfront http://michiganradio.org/post/60-million-redevelopment-project-add-housing-detroits-riverfront <p>In the last week, there have been a slew of worrisome reports coming out of Detroit, but here’s one that’s more optimistic.</p><p>Despite Detroit’s recent filing for bankruptcy, <a href="http://www.mccormackbaron.com/">McCormack Baron Salazar</a>, a developer from St. Louis, has proposed a $60 million project that would redevelop a stretch of the riverfront east of the Renaissance Center.</p> Tue, 23 Jul 2013 16:46:44 +0000 Michigan Radio Newsroom 13649 at http://michiganradio.org $60 million redevelopment project to add housing to Detroit's riverfront Feds to auction Lafayette Towers in Detroit http://michiganradio.org/post/feds-auction-lafayette-towers-detroit <h2 class="node-title" itemprop="name">The Detroit landmark <a href="http://www.lafayette-towers.com/">Lafayette Towers</a> has fallen into foreclosure and is set to be auctioned by federal authorities in two weeks.<br /><br /><a href="http://www.detroitnews.com/article/20120703/BIZ/207030391/Feds-auction-foreclosed-Lafayette-Towers-landmark?odyssey=tab|topnews|text|FRONTPAGE">The Detroit News </a>says financial details were not immediately available in the notice posted by the U.S. Dept. of Housing and Urban Development.<br /><br />Successful bidders on the luxury high-rise will need to post more than $2.5 million in escrow for an estimated $10 million in repairs required to be completed in 18 months.<br /><br />The apartment towers were constructed in the 1960s. The two 22-story, river-view buildings contain 584 units located on nearly 10 acres in the <a href="http://www.nps.gov/nr/travel/detroit/d11.htm">Mies van der Rohe</a> Residential District.<br /><br />The auction is set for 10 a.m. July 18 in the first floor of the Coleman A. Young Municipal Center.</h2><p> Tue, 03 Jul 2012 18:46:11 +0000 The Associated Press 8132 at http://michiganradio.org Feds to auction Lafayette Towers in Detroit Oliver Towers saga moves to Lansing City Council chambers http://michiganradio.org/post/oliver-towers-saga-moves-lansing-city-council-chambers <p>Tonight, the Lansing City Council will begin weighing in on a&nbsp;&nbsp;land swap deal that&rsquo;s pitted two local colleges against each other.&nbsp;&nbsp;&nbsp;&nbsp;A final council decision may come next month.</p><p>&nbsp;Officials with Lansing Community College have been complaining that they didn&rsquo;t get a chance to bid on the Old <a href="http://www.lansingcitypulse.com/lansing/article-6356-the-lcc-davenport-tug-of-war-over-oliver-towers.html">Oliver Towers</a> apartment building before city officials cut a deal with Davenport University.&nbsp;</p> Mon, 26 Sep 2011 05:01:01 +0000 Steve Carmody 4290 at http://michiganradio.org Oliver Towers saga moves to Lansing City Council chambers