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.
The city of Detroit is set to witness a remarkable boost in STEM education, thanks to the Michigan Science Center's recent acquisition of an $800,000 grant from NASA. With this significant investment, the Michigan Science Center (MiSci) is poised to become a leading force in inspiring Detroit's youth and enabling the development and implementation of dynamic STEM programs, empowering students throughout the city to explore and excel in these critical fields.
Once known as the Detroit Science Center, the Michigan Science Center holds more than 250,000 visitors every year, and fosters an… Michigan Science Center Receives $800k NASA Grant to Foster STEM Programs in Detroit
Amidst economic uncertainties and fluctuating housing markets, Detroit's real estate sector has emerged as a beacon of resilience and growth. A recent report from Detroit Future City, which involved a detailed analysis of Wayne County deed recordings related to home sale transactions from 2012-13 to 2020-21, sheds light on the remarkable progress in Detroit's housing market.
According to the report, at least ten Detroit neighborhoods saw between 169%-450% increases in home sales. This renewed momentum has attracted attention from both local and out-of-state buyers, fostering an atmosphere of… Detroit's Housing Market Shows Resilience, Positive Growth, and Promising Neighborhood Increases
Detroit, renowned for its rich history and vibrant cultural scene, is set to welcome a new addition to its growing hospitality sector. Construction has begun on the first AC Hotel in southeast Michigan at the esteemed Bonstelle Theatre site. The joint business venture between Walter Cohen, a seasoned developer, and Detroit-based real estate firm Roxbury Group marks a significant step forward in Detroit's ongoing investment and revitalization efforts.
The developers of this $49 million project envision a fusion of modern luxury with elements of Detroit's rich architectural heritage, as the… Construction Underway for $49 million AC Hotel, Boosting Detroit's Hospitality Landscape
In a groundbreaking move, Michigan State University (MSU) has made headlines by acquiring a majority stake in a prominent Detroit landmark, the 95-year-old Fisher Building. As one of the most recognizable buildings on the Detroit skyline, the revitalization of the Fisher Building is a significant milestone for the city's ongoing renaissance. The recent decision by MSU's endowment to invest $21 million in the revitalization of this iconic landmark carries immense implications for both the university and the broader Detroit community.
As the city continues to experience remarkable revival in… Michigan State University Endowment Acquires Majority Stake in Detroit Landmark with a $22 Million Investment
In a move signaling confidence in the economic resurgence of downtown Detroit, Herrick Co., a prominent real estate investment firm, has acquired a 21-story office tower for a substantial $150 million. The investment represents a significant milestone in the ongoing revitalization efforts of the city, as Herrick & Co. seeks to capitalize on the burgeoning opportunities in Detroit's commercial real estate market. This acquisition highlights the growing investor interest in the city's downtown core, bolstered by a thriving business ecosystem and a renewed focus on urban development.
JPMorgan Chase, a global financial institution, has reaffirmed its commitment to promoting racial equity and economic opportunity by announcing a $2 million investment in Detroit's small business community. This substantial contribution aims to support local entrepreneurs, particularly those from underrepresented communities, in their pursuit of business growth and economic prosperity. The anticipated impact on Detroit's small business landscape, and the broader implications for advancing racial equity in the city, are tremendous.
JPMorgan Chase's $2 million investment is part of its ongoing… JPMorgan Chase Pledges $2 Million to Detroit Businesses
According to the latest figures released by the Detroit government, the city's unemployment rate plummeted to 4.2% in April, marking the lowest level in over three decades. The latest data highlights a significant turnaround in the job market, reflecting the resilience and determination of the city's workforce to rebuild and prosper.
This substantial decrease in unemployment mark a sharp recovery from the economic challenges faced by the city in recent decades. Detroit, once known as the manufacturing hub of the nation, has weathered significant setbacks, including the decline of the… Detroit Unemployment Rate Drops to 4.2%, Reaching Lowest Point in 33 Years
The University of Michigan announced its plan to construct a new research and education center in Detroit, as part of their commitment to fostering a thriving ecosystem of innovation and entrepreneurship in the city. In collaboration with real estate billionaire Stephen Ross, the university unveiled their proposal for a new innovation center that fosters collaboration, supports startups, and accelerates technology commercialization. Formerly known as the Detroit Center for Innovation, the University of Michigan Center for Innovation (UMCI) presents a unique opportunity to attract investment, nurture… New University of Michigan Innovation Center: A Catalyst for Economic Growth in Detroit
