The first residents have moved into the 37-unit Mid-Med Lofts, located just off the campus of the Detroit Medical Center. The development will host an open house on September 20.
Excerpt:
Because three exterior walls are new construction, the vast majority of
Mid-Med is not a historic building. Despite the difficulty in executing
a project of this magnitude, [developer JB] Peabody is glad to have undertaken
Mid-Med. "Now this building will stand another 100 years," he says.
"You have modern construction, but the façade is still heritage. It's
pretty exciting to be a part of that."
Units range in size from
833 to 1,724 square feet and in price from $200,000 to $386,000.
Peabody will reduce the price of units reserved by Sept. 30 by $30,000
to $60,000.
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