Sources: Gilbert close to buying Buhl Building, parking deck downtown

Downtown real estate mogul Dan Gilbert is closing in on a deal to buy the Buhl Building and its 652-space parking deck downtown, two sources familiar with the negotiations told Crain's Friday. The 27-story skyscraper at 535 Griswold St. would become the most recent high-rise the Quicken Loans Inc. Read Full Article

by Platinum Acq
October 19, 2017
Business, Construction, Real Estate

Gilbert’s Bedrock buys downtown Cleveland buildings for $12 million

Downtown Detroit real estate mogul Dan Gilbert, also owner of the Cleveland Cavaliers, may or may not be investing in the renovation of the team's Quicken Loans Arena, but he just shelled out almost $12 million to buy the one-time May Co. store on Public Square and an attached eight-story building on Ontario Street in downtown [...]

by Platinum Acq
October 14, 2017
Business, Construction, Real Estate

Single-family Ecohomes, brewery education program, more coming to Midtown

Midtown Detroit Inc. has officially started a new $20 million development along Selden Street between Second Avenue and Fourth Street, bringing a variety of housing, restaurants, and programming to the district. Read Full Article

by Platinum Acq
October 7, 2017
Construction, Real Estate

Renderings of Downtown Detroit’s Monroe Block plan include 35-story tower

Monroe Block renderings The proposed Monroe Blocks, by Dan Gilbert's Bedrock Detroit, will now include a 35-story office tower, along with residential units, retail and public spaces throughout. (courtesy of Bedrock Detroit) Read Full Article

by Platinum Acq
September 30, 2017
Business, Construction, Real Estate

Explore Tiny Homes Detroit in a video tour

We’ve been following the construction of tiny homes in Detroit by Cass Community Social Services. The homes are for low-income individuals and follow a rent-to-own model. We visited in May as the first six houses were being finished by volunteers. Read Full Article

by Platinum Acq
September 26, 2017
Construction, Real Estate

Renovated Victorian mansion in Brush Park sells for $2.65 million

A renovated Victorian mansion in Brush Park that once housed a Detroit lumber titan has sold to a new owner. The Edmund, formerly the home of Lucien Moore at 104 Edmund Place, sold for $2.65 million to Jeffrey Rohr, a Grand Blanc-area optometrist, according to Matt O'Laughlin, director of commercial real estate for Detroit-based The [...]

by Platinum Acq
September 18, 2017
Business, Construction, Real Estate

Hubbard Farms duplex needs complete rehab, asks $150K

Hubbard Farms has been a hot neighborhood in Detroit this year, and we’re starting to see these great houses sell for prices ranging from $230K to $277K. Now we have a house that needs all the work (the listing says to bring a flashlight), but it has good bones, as they say. Read Full Article

by Platinum Acq
September 15, 2017
Construction, Real Estate

Corktown cottage lists for $237K

We recently made a map of potential starter homes in Detroit. Prices and sizes of homes vary widely between neighborhoods. We didn’t feature any homes in Corktown because they’re hard to come by and when they list, they’re listing for a lot. So here we have an 800-square-foot cottage that is absolutely adorable. The interior is pretty [...]

by Platinum Acq
September 8, 2017
Business, Construction, Real Estate

Remodeled Detroit home with pool wants nearly $500K

With gleaming hardwood floors, an in-ground pool, and wood accents throughout, this Detroit home is on the market and ready for its next homebuyer. Since it was constructed in 1953, this five-bedroom, five-bathroom single-family home has undergone a remodeling for the kitchen as well as new windows and a new roof. Read Full Article

by Platinum Acq
September 3, 2017
Business, Construction, Real Estate

For $99K, a century-old bank building with original vault

This week, we seem to be dreaming of what we could do with a lot of properties around Detroit. This bank building that just listed on West Warren Avenue (near 94) has some really cool original details left, including its original walk-in Diebold Vault (the doors themselves sell for thousands on eBay). The sale includes [...]