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 housing market has experienced remarkable growth, marking its evolution from a struggling real estate sector to one of the most vibrant in the United States. Recent data shows that Metro Detroit has surpassed Miami as the fastest-growing housing market in terms of home appreciation, with prices rising by 5.2% year-over-year in late 2023. This trend reflects both increased demand for housing and strategic urban revitalization efforts in the city.
Key Drivers of GrowthEconomic Recovery and Urban InvestmentsDetroit's economy has been bolstered by significant investments in… The Booming Detroit Housing Market: Drivers, Trends, and Impacts
Detroit has experienced its first year of population growth in nearly six decades, marking a significant turnaround for a city that has faced persistent challenges since the mid-20th century. According to the U.S. Census Bureau's latest estimates, Detroit's population rose from 631,366 in 2022 to 633,218 in 2023, a modest but symbolically crucial increase. This development reflects years of efforts to revitalize the city and combat the legacy of population decline that began with economic shifts, suburban migration, and urban blight in the 1950s and 1960s.
Key Factors Behind the Growth… Detroit's Population Increases for the First Time in 57 years
The proposed redevelopment of Detroit’s Renaissance Center (RenCen) involves a $1.6 billion overhaul that includes demolishing two 39-story towers near the Detroit River while preserving and repurposing three others, including the 73-story Marriott Hotel, Michigan’s tallest building. This plan, spearheaded by General Motors (GM) and Dan Gilbert’s Bedrock real estate firm, aims to modernize the site by reducing underutilized office space and enhancing public access to the riverfront. The redesign includes creating new public promenades and integrating housing into the complex.
The initiative… GM World Headquarters to be redeveloped along Detroit Riverfront
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
