Here are a few stories from the past week that we're following.
Upgrades for the Amtrak Station
Could our humble train station in New Center be poised for a big upgrade? A recent $10 million grant from the Biden administration could kick off a larger $57 million project that would create a transportation hub at the site. Not only would it serve as a place for Amtrak travelers, but it would include options for Greyhound and Indian trails buses, bike share, Uber and Lyft, and taxis. MDOT says they could have an RFP out for the build in 2023, with an opening date of 2025. Detroit Free Press
Another condo switches to apartments
Condos had their moment a few years ago in Detroit; it seemed like every big announcement was for a new luxury development. The pandemic threw a curve ball into the market, with fewer people frequenting downtown. We're not quite back to normal yet (if we'll ever be) and condos aren't as appealing to many buyers now. Midtown West, a new construction at 4th and Selden, switched from condos to apartments earlier this year, and now another development has made that decision. Saint Charles Terraces in Islandview is now leasing. The first phase of the development - the redevelopment of the neighboring school into condos - is still sticking with sales. Crain's
Velodrome deflates
The wind storm last weekend had one noticeable temporary casualty in Detroit: early Monday, the Lexus Velodrome had collapsed. A back-up generator failed to come on, leaving the popular cycling arena deflated. They're working on assessing the damage and will reopen when ready. MLive
Renovated apartments ready in New Center
Five apartment buildings along Seward Avenue in New Center are in varying stages of renovation, bringing over 230 apartments online. Two are available now, while some will open in April and another by the end of next year. These were mainly empty when renovations started, and will be leasing for slightly lower than downtown prices. Detroit Free Press (paywall)
