We believe that now is the time to Invest in Real Estate in Detroit, purchase properties at very low prices, and secure a monthly cashflow return and capital appreciation. Why do we believe in Detroit so much? It's the track record. No other city has seen the resurgence witnessed in the Motor City. We believe that there are truly unique real estate investment opportunities today.
Detroit's iconic Michigan Central Station has reopened its doors following a remarkable six-year, $950 million transformation led by Ford Motor Company. The 18-story building, once in disrepair, now stands as a powerful symbol of renewal and hope for the city.
To mark its grand reopening, the station hosted a star-studded concert on Thursday titled “Live From Detroit: The Concert at Michigan Central,” featuring performances by music legends Diana Ross, Jack White, and Eminem. The electrifying event drew 20,000 attendees and was also streamed live for residents to enjoy from watch parties… Michigan Central Station Reopens After $950M Renovation
Detroit City Football Club (DCFC) plans to build a new soccer stadium in Detroit's Corktown neighborhood. The new stadium, which will be located on Michigan Ave. and 20th Street, is expected to be completed by 2027. It will replace the vacant building on the former Southwest Detroit Hospital site.
The owners of DCFC are excited about the unique features of the new stadium, which they believe will have a significant positive impact on the surrounding Southwest Detroit community, particularly in neighborhoods such as Mexicantown. Currently, DCFC plays at Keyworth Stadium in Hamtramck, which can… Transformative New Home for Detroit City FC: 14,000-Seat Stadium Planned for Corktown by 2027
City officials have announced that Detroit’s Coleman A. Young International Airport (KDET) will undergo a major renovation for the first time in over 50 years.
The City of Detroit has granted Avflight a 30-year lease to invest in the airport's amenities, services, and security. Avflight, an aviation operating company based in Detroit and Ann Arbor, has provided essential services to KDET since 2011. Under this long-term lease, Avflight will be the sole fixed-base operator company, a historic milestone for the airport.
Avflight's upcoming investment involves the construction of a 3,000… Detroit’s Coleman A. Young Airport Set for Multi-Million Dollar Renovation
After 66 years of decline, the tide is finally turning. Detroit’s population has officially grown for the first time since 1957.
According to the latest U.S. Census Bureau estimates, Detroit gained 1,852 new residents from July 1, 2022, to July 1, 2023. With a total population of 633,218, Detroit ranks ahead of Memphis, Louisville, and Portland as the 26th most populous city in the United States.
The surge in new residents can be attributed to rapidly emerging commercial and residential developments. Under the Mike Duggan administration, over 10,000 vacant… Detroit's Population Grows for the First Time Since 1957
The Gilbert Family Foundation has announced a transformative $15 million investment in 10 Detroit neighborhoods as part of the third phase of the Strategic Neighborhood Fund (SNF).
Since 2016, SNF has committed to improving the quality of life and promoting economic growth across every city council district in Detroit. In its first two phases, SNF leveraged over $262 million in investments and has made a tangible difference in the lives of Detroit residents. Their commitment has included initiatives to prevent eviction and property tax foreclosure and provide legal counsel and resources to… Gilbert Family Foundation Announces $15 Million Investment in Detroit Neighborhoods
The 2024 NFL Draft held in downtown Detroit was a record-shattering success. With over 700,000 fans in attendance throughout the event, Detroit surpassed the previous attendance record of 600,000 set by Nashville in 2019.
According to current projections from the economic consulting firm Anderson Economic Group LLC, the net impact of the NFL Draft on Detroit's economy is expected to exceed $165 million. As visitors immersed themselves in Detroit’s unique offerings over the NFL Draft weekend, expenditures by draft attendees alone made up a total of $37 million.
… Detroit's NFL Draft Success: Economic Implications and Beyond
East Jefferson Ave is home to Detroit's latest affordable housing development, a new 150-unit riverfront residential project. The commencement of the project marks $1 billion in affordable housing developments throughout the city since 2019. Made possible by city, state, federal, and private funding, the investments have been allocated to 71 affordable housing projects across Detroit.
On April 12th, Mayor Mike Duggan announced the East Jefferson Ave project from the construction site. Julie Schneider, director of the housing and revitalization department, highlighted the impact of these… Detroit Surpasses $1 Billion Milestone in Affordable Housing Investment
For the first time in 15 years, Detroit has achieved an investment grade credit rating from Moody’s Investors Service. After a decade-long journey of financial restructuring, this rating marks significant milestone in the city’s path to economic stability.
According to the Moody’s report, Detroit's credit rating has been upgraded to Baa2. This investment grade status is a substantial jump from its Caa3 rating in June 2013, just one month before the city filed for the largest municipal bankruptcy in U.S. history.
Following the unprecedented economic crisis, Detroit committed itself to… Detroit Achieves Investment Grade Rating, a Decade Post-Bankruptcy
