View Single Post
  #4012  
Old Posted Aug 12, 2017, 5:34 PM
Docta_Love's Avatar
Docta_Love Docta_Love is offline
Registered User
 
Join Date: May 2012
Location: Metropolitan Detroit
Posts: 712
Hopefully good news, this is if better owners are found. There are some significant/important buildings in his portfolio the Michigan Theater Building is the most famous (8 Mile).

Quote:
30 Detroit properties owned by Kefallinos for sale
From the Michigan Theater to Harvard Square Centre

BY MICHELLE GOLDCHAIN
AUG 9, 2017
Curbed Detroit



For decades, Dennis Kefallinos has invested in Detroit real estate, but it looks like he’s now pulling out. Dozens of Kefallinos’ properties in Detroit and Hamtramck are now up for grabs, including the Harvard Square Centre high-rise and the Michigan Theater Building. Crain’s Detroit Business reported that Kefallinos is selling a total of 30 properties, or 2.3 million square feet on more than 100 acres of land.

None of Kefallinos’ residential properties are for sale. Part of the reason why is because almost all of them are tied up in lawsuits, according to MLive. The Russell Industrial Center property is also not on the market.

There are no reports yet on the reasoning behind this massive sale.

Below, see the full list of properties that are now on the market:

Roosevelt Hotel (2250 14th Street)

Shapero Hall, former Wayne State University school building (1401 Rivard Street)


Harvard Square Centre (1346 Broadway Street)

Michigan Theater Building (220 Bagley Street)


Perlex building (2821 E. Grand Boulevard)

227 Adelaide Street

Former Burton International School/Franklin Elementary School (1333 Pine Street)

Former Caesar Chavez school (1548 Porter Street)

Vacant riverfront property (1801 W. Fort Street)

Industrial building (1221 Rosa Parks Boulevard)

Former distribution building (1982 W. Jefferson Avenue)

Former southwest Detroit hospital (2401 20th Street)

Topor's Pickle and Food Service building (2850 Standish Street)

Fairmont Creamery building (600 E. Milwaukee Avenue)

Perlex building (2821 E. Grand Boulevard)

Russell Street industrial building (5845 Russell Street)

Office building (10201 Joseph Campau Avenue)

Southern Fires restaurant building (575 Bellevue Street)

Goeschel Building (3230 Gratiot Avenue)

Former Pfeiffer Brewing Co. building (3700 Beaufait Street)

Bellevue industrial property (2425 Bellevue Street)

Former Joe's Marine building (547 Lycaste Street)

Former Midwest Cabinet and Counter property (630 Lycaste Street)

Former Anna M. Joyce Elementary School building (8411 Sylvester Street)

Former southwest Detroit YMCA building (1601 Clark Street)

Former Roberts Brass Co. building (5435 W. Fort Street)

Former Wayne Foundry and Stamping Co. building (3100 Hubbard Street)

Building (3944, 3948, and 3950 Michigan Avenue)

Former Thorn Apple Valley slaughterhouse (2902 Orleans Street)

Land (1825 Division Street)

Former Hoban Cold Storage Co. property (1599 E. Warren Avenue)
https://detroit.curbed.com/2017/8/9/...ramck-for-sale


Quote:
City kicks off mission to board up 11,000 blighted houses

By Annalise Frank and Chad Livengood
Crain's Detroit Business
August 10, 2017



The city of Detroit plans to board up 11,000 blighted homes over the next two years, Mayor Mike Duggan announced Thursday at a kick-off event in the southwest neighborhood of Boynton.

The launch comes two days after Duggan and state Sen. Coleman Young II advanced in the mayoral election primary. Duggan carried a healthy lead — 67 percent — but serious questions remain over whether the mayor has done enough for Detroiters living outside the city's rapidly developing downtown.

Called the Board Up Brigades, this most recent initiative is part of Duggan's work over the past several months to answer that very question.

"It's probably something we should have done before," Duggan said Thursday after kicking off of the program.

The mayor said in May that his administration planned to board up houses that weren't in the immediate pipeline for demolition within the next six months, Crain's reported.

Under the plan, all of Detroit's estimated 25,000 blighted homes would be torn down, rehabilitated or secured, according to a city news release. About 9,000 are set for demolition, 5,000 would be rehabbed and then occupied and the 11,000 or so remaining would be boarded up.

The two-year board-up project will cost about $9 million, which comes from general fund money that is designated for blight removal, city spokesman John Roach said.

...

The city's Department of Neighborhoods has hired 22 workers for the Board Up Brigades crews, including 13 Detroiters who were previously incarcerated, Duggan said at the event. The city plans to hire a total of 40 people — up to 20 of them people returning from prison — as well as contract with two yet-to-be-determined community organizations.

Board Up Brigades workers said they're making between $10 and $13 an hour.

...

About 40,000 abandoned homes dotted the city's landscape in January 2014, according to the release. About 12,000 have been demolished and 3,000 rehabbed since then.
Reply With Quote