A handsome vacant brick multifamily building in Piety Hill will be rehabbed. 100 Clairmount, or the Claire, will bring 42 apartments to the neighborhood.
Century Partners is leading the development of this property, which sits just off Woodward, across from the newly built Ruth Ellis Center. This neighborhood between New Center and Boston Edison has seen a lot of new construction and rehabs in the last few years.
The Michigan Strategic Fund funding for the $8.4 million project this week, with a $1.5 million Michigan Community Revitalization Program (MCRP) Grant, and $204,269 in state tax capture for brownfield activities. The city is also supporting the rehab with a Neighborhood Enterprise Zone tax abatement with an anticipated value of $1,400,680 over 15 years, and funding from the Detroit Housing for the Future Fund.
“The Detroit Economic Growth Corporation and City of Detroit are pleased to support Century Partners’ redevelopment of the Claire. This vacant and architecturally notable apartment building will be transformed into modern apartments with industry-leading amenities priced at rents needed in Detroit,” said Brian Vosburg, Director of Brownfield Redevelopment at the DEGC. “The revival of the Claire adds momentum to the ongoing revitalization along the historic Woodward corridor, joining numerous neighborhood projects that are breathing new life into the area.”
Century Partners have been working in residential neighborhoods in Detroit since 2015. You can see a walkthrough of the Claire on their Instagram page.
