Lafayette-West, a condominium and apartment project in Detroit, Michigan, begins

The construction of Lafayette-West, a US$150 million, 318-unit condominium and apartment project developed by Mark Bennett, a Detroit developer as a link between Lafayette Park and the wider downtown Detroit area, has begun.

The development will feature a variety of studio, one-bedroom and two-bedroom floor plans ranging from 436 square feet to 1,223 square feet, as well as secure and gated parking, gourmet kitchen appliances, a large center modern fitness, swimming pool, electric vehicle charging stations for all vehicles, co-working, a club room and a social room, and other amenities.

Look for construction leads

Also Read: Fisher 21 Lofts, a Fisher Body Factory Redevelopment Project in Detroit, Announced

To provide affordable housing, 20% of the 230 apartments have below-market rents. All Affordable Apartments are proportionate to each building’s unit/floor plan combination and are unconstrained in terms of location within the building.

Nearby amenities and remarks on the Lafayette-Ouest project

The resort is located in Lafayette Park and is within walking distance to various regional attractions, central business district employment districts, arenas and entertainment venues, Eastern Market, bike path / pedestrian Dequindre Cut, the new Meijer Rivertown market and the River Walk. The development won a TIFF Brownfield with a municipal portion of $11.2 million over 30 years, as well as a 15-year NEZ with a municipal portion of $5.3 million.

“We saw this as a great opportunity to create a unique community that would add to the lives of Lafayette Park residents. Lafayette-West has distinctive features and is conveniently accessible while being affordable for Detroit residents,” Bennett explained.

“Lafayette-West will be a wonderful addition to the Lafayette Park area, providing homeowners with a charming neighborhood setting just outside of downtown,” Detroit Mayor Mike Duggan said, adding, “Because 20 % of apartments will be allocated to people earning less than the regional average, Detroit residents with diverse incomes will be able to live together in this charming new neighborhood.

Comments are closed.