One of the most photographed abandoned buildings in Detroit is poised for a new life. Yesterday, City Council approved $7 million in funding to the redevelopment of Lee Plaza, which has been vacant for 25 years. The gap funding comes from funds in the American Rescue Plan Act. The city received $826.7 million in funding from ARPA, and this is the first to go toward housing.
The redevelopment will be led by Roxbury Group and Ethos Development. When completed, the building will house 117 apartments for low-income seniors, plus more housing in another phase. Last month, developers received low-income tax credits from the state for the project.
The building stands alone, towering over West Grand Boulevard. It was vacated in 1997 and elements have been scrapped since. Redevelopment plans have come and gone throughout the years. Roxbury Group and Ethos acquired the building from the city in 2019 for $350,000.
We'll have more info on this redevelopment later this week.