From the this weeks Model D, nice to see some development taking place in the neighborhoods
http://modeldmedia.com/developmentnews/default.aspx
Islandview Village to see 131 units of market-rate housing
Residential Detroit LLC is developing 131 units of market rate housing in Islandview Village, a neighborhood located just blocks west of West Village. Developer Vic Semelsberger describes the neighborhood as “truly a mixed income neighborhood;” Messiah Housing is building low-moderate income housing in the same area. Islandview is just blocks from Gabriel Richard Park, the terminus of the under-construction Riverwalk and the gateway to Belle Isle.
Residential Detroit has two distinct projects in the pipeline. The first, English Village Brownstones, is a 105-unit townhouse development that consists of 25 multi-unit buildings. 42 of the units have been completed, of which 35 have sold. An additional three units that have not yet been constructed have also been sold. The units range from $230-280,000 and come in 2, 3 and 4 bedroom models. Semelsberger anticipates the entire project to be completed in 3-4 years.
The second project, English Village Lofts, is the conversion of the former St. Charles School into 26 loft condos ranging in price from $150-290,000 and in size from 685-1,665 square feet. Construction will begin in the fourth quarter of this year and be completed by the end of 2008.
Semelsberger estimates his company’s total investment in the neighborhood at $25 million. Site plans and renderings are available at englishvillagedetroit.com.
Source: Vic Semelsberger, Residential Detroit LLC
50 new homes planned for Core City's new $8 million development
The area bounded by Grand River, Magnolia, Vermont and Rosa Parks Blvd. will see 50 new single family homes in the coming year. Core City Neighborhoods and Phoenix Communities will break ground on the project, named Carriage Town, on Thursday, September 21.
The affordable houses will be three- and four-bedrooms and will rent for $280-$680 per month depending on unit size and the tenant’s income. They will be very similar in appearance to the Core City Estates II, located just to the east of Carriage Town, including the 2-car rear-facing attached garages that are accessed via the alley.
The name Carriage Town was inspired by the area’s proximity to the Katharine Ferguson Academy and its farm. Core City Executive Director Willie Cambell envisions the farm's horses being exercised through the streets of Carriage Town. He estimates the construction cost of the project to be $8 million.
The ground-breaking will take place between 3 and 4 p.m. at the northwest corner of Rosa Parks and Grand River. For more information, call Core City at 313.894.8431.
Source: Willie Cambell, Core City Neighborhoods Non-Profit Corp.
69 new homes plus rehabs for Kercheval Estates 
Granite Building Company is working to build up to 69 new single family homes in the area bounded by Kercheval, Charlevoix, Chalmers and Phillips. The project, called Kercheval Estates, also includes rehabilitating existing homes in the area in partnership with the non-profit Detroit Housing Group; nine have been completed.
Gwen Lewis, the owner of Granite Construction, explains that the homes are built after they are purchased. Each house can be customized to the purchaser’s needs; the homes start at $175,000 and 1,300 square feet.
Lewis notes Kercheval Estate’s proximity to Grosse Pointe, Mack-Alter Square, the revitalization of East Jefferson and other residential development like Marlborough Estates as some of the area’s amenities. She plans for 53 additional homes to be built for phase 2.
There are three models onsite that are open weekdays from 10 a.m.-6 p.m. and on Saturdays from 2-6 p.m.
Source: Gwen Lewis, Granite Building Co.