It's a busy weekend in Detroit with Movement coming into town, followed by the Grand Prix next week. Stay safe out there!
Here are a few of the development stories we're following.
Two Broadway buildings move forward with development plans
Earlier this month, the Historic District Commission approved plans for two buildings along Broadway downtown. Bedrock will convert the 11-story Harvard Square Centre into 34 apartments, with retail space activated on the first floor. Down the block, Method Development has plans to redevelop the nine-story Merchants Building (on the corner of Broadway and Grand River) into a hotel with over 100 rooms. These would be a big boost for the block, which is close to both the Exchange and the Hudson's site. No timeline on either project yet. Detroit Free Press
EV charging here and abroad
It's been a big few weeks for electric vehicles in Detroit. Last week, Governor Whitmer joined U.S. and Canadian officials to announce an international EV corridor that would stretch 900 miles from Kalamazoo to Quebec City, with EV charging stations every 50 miles. A timeline for the charger installation was not given. Earlier this week, the Michigan DNR announced that Belle Isle now has two fast EV charging stations, located in the parking lot of the Nature Center. This is part of a program to install charging stations in parks across the state. And earlier this month, the city announced a larger effort to install charging stations around the city.
New owners for notable Midtown building
American Community Developers have bought the former Chung's building on the corner of Cass and Peterboro. A purchase price was not given, but a rehab could cost up to $3 million. Once renovated, it's expected that a bar/restaurant concept will move in. Crain's Detroit Business