Townhome condominium project underway in Corktown, Detroit
Construction is underway on a 14-unit townhouse near the former Tiger Stadium in the Corktown neighborhood of Detroit. The cost of the development was not disclosed.
Le Onzième, located at 2037 11e St., is developed by Premium Development Group and Ferlito Group, both based in Detroit. The 14 residences come in two offerings – 12 two-bedroom and two one-bedroom townhouses.
Construction began in August and is expected to be completed in two phases. The first phase, consisting of seven units, is expected to be completed in the summer of 2021.
Located south of Michigan Avenue, the residences will be located near The Corner, a $ 31 million mixed-use development on the site of the former Tiger Stadium on Michigan and Trumbull avenues, which opened last year. .
It includes 111 multi-family units of studios, one- and two-bedroom apartments, 20% of which are designated affordable at 80% of the region’s median income. It was developed by Larson Realty Group in Detroit. Each residence overlooks the Detroit PAL Corner Ballpark, which replaced the old stadium.
Other local landmarks include Michigan Central Station, Historic Michigan Station, and 14e Street which was acquired by Ford Motor Co. in June 2018 and is now converted into an innovation hub for mobility, along with the neighboring Roosevelt Warehouse. Joined by The Factory in Michigan and Rosa Parks Boulevard, the three projects will house 5,000 workers – half Ford, the rest occupied by suppliers, mobility companies and other high-tech operations – and will be completed in 2023 .
The Eleventh, located in a walking and biking area, also offers close access to several shopping, dining, entertainment, green spaces and I-75, I-96 and Lodge Freeway. Additionally, the Detroit RiverFront Conservancy is planning a greenway that will run from behind Michigan Central Station to the upcoming Ralph C. Wilson Centennial Park, a 22-acre riverside oasis slated to open in 2023. (bounded by the river, West Jefferson Avenue, Eighth Street and Rosa Parks Boulevard).
“Corktown is the oldest district in the city (established in 1834), so our goal for The Eleventh is to create a residential experience and environment that creates harmony between this historic past and today’s modern design”, explains Arti Mangla, partner of Premium Development Group. “To do this, we have worked closely with residents and community groups, listening to what they would like to see in their neighborhood, and we are honored and thrilled to be a part of this remarkable region.
Each residence will include an attached garage, two balconies and an optional rooftop terrace with 360-degree views of Corktown, Michigan Avenue and the train station. One bedroom rooms are 975 square feet with one full bath and one half bath, and the two bedrooms are 1350 square feet with two full baths and one half bath.
The facade will be made of red bricks, gray and cedar details and large contemporary windows.
“We saw a clear need for a residential development in Corktown that made sense for a first-time buyer, as well as for two-income households,” says Mike Ferlito, partner of Ferlito Group. “There is a demand for homes in this price range, in this neighborhood and in this style, offering privacy, outdoor space and a range of amenities. “
The residences offer open floor plans, 10 foot ceilings, hardwood floors, quartz countertops, stainless steel appliances, Grohe plumbing fixtures and Toto toilets. Several custom design options are available.
Pricing starts at $ 389,900 and sales are led by Alexander Real Estate Detroit.
“People spend more time at home and amenities like multiple outdoor spaces, a second bedroom that can be used as a home office, and an in-unit laundry room are all very appealing,” says Matt O’Laughlin, Managing Partner of ‘Alexander Real Estate Detroit. “Buyers always want access to all the benefits of city living – public parks and green spaces, independent restaurants and shops, entertainment and culture – and proximity to their place of work, whether they are a critical worker or a business person. ‘they work from home. “
An open-air day for development will take place today from 4 p.m. to 7 p.m. at the site. Guests will be able to view design samples and floor plans, meet the sales team and developers, learn about loan options, and explore the neighborhood. All guests are required to wear masks and practice social distancing. RSVP is required and is available here.