The site is prepped and the old building is ready to fall... so Lofts on the 9 can rise in downtown Ferndale before winter. With construction expected to finish next summer, Lofts on the 9’s 32 units (10 of which have sold and another three have been reserved) will be the latest addition to Ferndale’s expanding downtown.
The inner-ring suburb's central business district has experienced quite a bit of renewal in recent years as a number of renovations have reinvogorated its city center and even helped spawn some new construction, such as the Affirmations and ID Woodward buildings.
The four-story building will go up at the intersection of East 9 Mile Road and Bermuda Street just behind Ferndale’s legendary Como’s restaurant. It is also across the street from the Ferndale Public Library and the new offices of Foley Mansfield.
"Our new incentives have been doing much better," says Adam Wolfson, a sales broker for Lofts on the 9. "People have been able to sell their homes and are ready to move in. Things have been picking up."
But first the sales center --currently an old service center for cars-- must be torn down. The developer intends to move across the street by the end of the month then raze the existing structure in order to begin construction on the lofts in earnest.
Lofts on the 9’s units are priced between $229,000 and the mid $400,000s. They range in size between 920 square feet and 2,100 square feet, however, the 2,100-square-foot loft can be expanded up to 2,700 square feet by adding a rooftop deck. Each unit comes with a ground floor parking spot next to the building’s 4,000 square feet of retail space, which will house either traditional retail or a restaurant.
The group of developers behind the Lofts on the 9 project also built the Troy, Main and Center street lofts developments in downtown Royal Oak.
For information, call Adam Wolfson at (248) 336-9600 or at (248) 535-4900.
Source: Adam Wolfson, sales broker for Lofts on the 9
Writer: Jon Zemke
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