Nj future redevelopment forum 2014 plenary mosey

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Nj future redevelopment forum 2014 plenary mosey

  1. 1. MIDTOWN DETROIT, INC. (MDI) 3,047,849 Annual Visitors 872,418 DMC Annual Patient Visits 1,400,000 HFHS Annual Patient Visits 31,000 College Students 50,000 Employees 26,000 Residents - Midtown, New Center & Woodbridge 12,232 Volunteers 250 TechTown Companies DESTINATION TO…
  2. 2. MIDTOWN DETROIT, INC. (MDI) MIDTOWN INVESTMENT 2002-2013 (Completed, Current, Planned) Total Institutional Campus Investment $1,275,276,000 Total Educational Facilities Investment $199,810,000 Total Medical Facilities Investment $1,159,540,000 Total Dormitory Beds 2,150 Total Wayne State University Residential Investment $98,000,000 Total Residential Units 1,878 Total Residential/Mixed-Use $299,274,828 Total Commercial/Office/Arts-Related Investment $67,962,000 Total Public Improvements Investment $26,728,000 OVERALL INVESTMENT IN MIDTOWN DETROIT $3,126,590,828
  3. 3. MDI INITIATIVES BEAUTIFICATION & MAINTENANCE
  4. 4. MDI INITIATIVES COMMUNITY DEVELOPMENT MIDTOWN LOOP GREENWAY
  5. 5. MDI INITIATIVES COMMUNITY DEVELOPMENT GREEN ALLEY’S
  6. 6. MDI INITIATIVES COMMUNITY DEVELOPMENT COMMUNITY GARDENS
  7. 7. MDI INITIATIVES PLANNING & ECONOMIC DEVELOPMENT FAÇADE PROGRAM 4130 Cass
  8. 8. MDI INITIATIVES FAÇADE PROGRAM PLANNING & ECONOMIC DEVELOPMENT Selden Standard
  9. 9. MDI INITIATIVES SMALL BUSINESS DEVELOPMENT PLANNING & ECONOMIC DEVELOPMENT
  10. 10. MDI INITIATIVES SMALL BUSINESS DEVELOPMENT PLANNING & ECONOMIC DEVELOPMENT Whole Foods Market
  11. 11. MDI INITIATIVES SMALL BUSINESS DEVELOPMENT PLANNING & ECONOMIC DEVELOPMENT Shinola
  12. 12. MDI INITIATIVES SMALL BUSINESS DEVELOPMENT PLANNING & ECONOMIC DEVELOPMENT Emerald
  13. 13. MDI INITIATIVES SMALL BUSINESS DEVELOPMENT PLANNING & ECONOMIC DEVELOPMENT Great Lakes Coffee Roasting Co.
  14. 14. MDI INITIATIVES PLANNING & ECONOMIC DEVELOPMENT LIVE MIDTOWN & LIVE DOWNTOWN
  15. 15. CLOSED APPLICANTS PER PROGRAM Buy 66 Renewal 311 Rental 398 Exterior 8 Total 783 Buy 61 Renewal 116 Rental 502 Exterior 2 Total 681 8% 40% 51% 1% Buy Renewal Rental Exterior 9% 17% 74% 0% Buy Renewal Rental Exterior
  16. 16. NEW RESIDENT AGE 17-19 2% 20-29 42% 30-39 31% 40-49 12% 50-59 10% 60-69 2% Total 100% 3% 42% 31% 12% 10% 2% 17-19 20-29 30-39 40-49 50-59 60-69 20-29 56% 30-39 28% 40-49 7% 50-59 7% 60-69 2% Total 100% 56% 28% 7% 7% 2% 20-29 30-39 40-49 50-59 60-69
  17. 17. MDI INITIATIVES PLANNING & ECONOMIC DEVELOPMENT DEVELOPMENT PROJECTS 4265 Woodward
  18. 18. MDI INITIATIVES PLANNING & ECONOMIC DEVELOPMENT DEVELOPMENT PROJECTS Woodward Willis
  19. 19. MDI INITIATIVES PLANNING & ECONOMIC DEVELOPMENT DEVELOPMENT PROJECTS Forest Arms
  20. 20. MDI INITIATIVES PLANNING & ECONOMIC DEVELOPMENT DEVELOPMENT PROJECTS 70 W. Alexandrine
  21. 21. MDI INITIATIVES PLANNING & ECONOMIC DEVELOPMENT DEVELOPMENT PROJECTS 92 E. Forest
  22. 22. MDI INITIATIVES PLANNING & ECONOMIC DEVELOPMENT DEVELOPMENT PROJECTS Inn on Ferry Street | 110 E. Ferry
  23. 23. MIDTOWN DEVELOPMENT ANCHOR INITIATIVES WAYNE STATE UNIVERSITY BIO-MEDICAL BUILDING
  24. 24. MIDTOWN DEVELOPMENT ANCHOR INITIATIVES WAYNE STATE UNIVERSITY CASS/CANFIELD SITE
  25. 25. MIDTOWN DEVELOPMENT ANCHOR INITIATIVES WAYNE STATE UNIVERSITY PHYSICIANS GROUP
  26. 26. MIDTOWN DEVELOPMENT ANCHOR INITIATIVES TECH TOWN – RECEPTION AREA
  27. 27. MIDTOWN DEVELOPMENT 609 E. KIRBY
  28. 28. MIDTOWN DEVELOPMENT NAILAH COMMONS
  29. 29. MIDTOWN DEVELOPMENT SHERBROOKE MANOR
  30. 30. MIDTOWN DEVELOPMENT MIDTOWN PROFESSIONAL BUILDING
  31. 31. MIDTOWN DEVELOPMENT CASS PLAZA
  32. 32. MIDTOWN DEVELOPMENT WOODWARD GARDENS BLOCK
  33. 33. Midtown Detroit Development 2003: 6 projects
  34. 34. 2004: 6 projects Midtown Detroit Development
  35. 35. 2005: 10 projects Midtown Detroit Development
  36. 36. 2006: 11 projects Midtown Detroit Development
  37. 37. 2007: 10 projects Midtown Detroit Development
  38. 38. 2008: 10 projects Midtown Detroit Development
  39. 39. 2009: 11 projects Midtown Detroit Development
  40. 40. 2010: 8 projects Midtown Detroit Development
  41. 41. 2011: 12 projects Midtown Detroit Development
  42. 42. 2012: 10 projects Midtown Detroit Development
  43. 43. 2013: 17 projects Midtown Detroit Development
  44. 44. Planned: 28 projects Midtown Detroit Development
  45. 45. DISTRICT DEVELOPMENT PROJECTS PIPELINE PROJECTS Residential Projects (Recently Completed, Underway, Pipeline) Total Units Recently Completed: 129 Total Units Underway: 304 Total Units in Pipeline: 829+ Total Units in Upgrade: 902 Total Market Rate: 68% Total Affordable: 32% Total Investment: $220,818,184 2014 Infrastructure Projects Total Investment: $14,750,000

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