real estate
Redevelopment of United Artists Building to Begin Soon, Detroit
April 4, 2022
The long-awaited redevelopment of the 94-year-old United Artists Building in downtown Detroit has finally begun. The plans were revealed at a groundbreaking ceremony by Bagley Development Group LLC and Olympia Development. In a US$ 75M makeover, the historic United Artists Building, which previously operated as a theatre in the city’s downtown, will soon be home to approximately 150 mixed-income apartments.
The project, along with five other developments in the District of Detroit, was first announced in 2017. Only the Eddystone has been finished so far. The 18-story structure will be rebuilt into 148 one- and two-bedroom flats, with 20% classified as affordable at 80% AMI.
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