Residential units at the former Tiger Stadium site are being met with high demand, with interest mounting in the apartments and condos included in new construction projects.
Continued redevelopment of Detroit’s Tiger Stadium site took another turn last May, when ground was broken on The Corner–a mixed-use development that will front Michigan Avenue at Trumbull and include 111 apartments as well as ground-floor retail space. Leasing for the apartment units began recently, and it was reported this week that over 25% of the units have been pre-leased. Interest has also been strong in retail space at The Corner, and for separate town-house style condos on the site, part of the The Towns @ The Corner.
The projects have not finished construction just yet, but the interest in the development should help bring more activity to the former ballpark site. More from the Detroit Free Press:
Developer Eric Larson said Thursday that in the two weeks since he opened leasing for his 111-unit apartment building on the former stadium site, called The Corner, more than 25% of its apartments have pre-leased and many businesses are interested in its 12 ground-floor retail spaces.
In addition, 20 of the 34 townhouse-style condominiums planned for the site have sold in the past six months. The condos project, known as The Towns @ The Corner, is a joint venture between Larson Realty Group and builder Robertson Brothers Homes.
While both projects are still under construction, their first renters and condo buyers are expected to move in in June.
“There has been tremendous interest,” Larson said.
New development will occupy a portion of the Tiger Stadium site, which has seen other new construction in recent years. Last March, The Corner Ballpark presented by Adient–a project that includes a new turf grass field with the same baseball dimensions as Tiger Stadium, along with a Police Athletic League headquarters–celebrated its grand opening.
Originally opening as Navin Field in 1912, Tiger Stadium served as home to the Detroit Tigers through the 1999 season. It stood for many years after the Tigers’ departure–even playing the role of Yankee Stadium in the production of the film 61*–before being demolished completely in 2009.
Rendering courtesy Larson Realty Group.
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