Nj future redevelopment forum 2014 plenary mosey

MIDTO

WN D

ETROIT

, INC.

2 0 1 4

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…

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

MDI INITIATIVESBEAUTIFICATION & MAINTENANCE

MDI INITIATIVESCOMMUNITY DEVELOPMENT

MIDTOWN LOOP GREENWAY


GREEN ALLEY’S


COMMUNITY GARDENS

MDI INITIATIVESPLANNING & ECONOMIC DEVELOPMENT

FAÇADE PROGRAM 4130 Cass

MDI INITIATIVES

FAÇADE PROGRAM

PLANNING & ECONOMIC DEVELOPMENT

Selden Standard

MDI INITIATIVES

SMALL BUSINESS DEVELOPMENT


MDI INITIATIVES



Whole Foods Market

MDI INITIATIVES



Shinola

MDI INITIATIVES



Emerald

MDI INITIATIVES



Great Lakes Coffee Roasting Co.


LIVE MIDTOWN & LIVE DOWNTOWN

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

NEW RESIDENT AGE

17-19 2%20-29 42%30-39 31%40-49 12%50-59 10%60-69 2% Total 100%

2%

42%

31%

12%

10%

2%

17-1920-2930-3940-4950-5960-69

20-29 56%30-39 28%40-49 7%50-59 7%60-69 2% Total 100%

10

00 0

20-2930-3940-4950-5960-69


DEVELOPMENT PROJECTS 4265 Woodward


DEVELOPMENT PROJECTS Woodward Willis


DEVELOPMENT PROJECTS Forest Arms


DEVELOPMENT PROJECTS 70 W. Alexandrine


DEVELOPMENT PROJECTS 92 E. Forest


DEVELOPMENT PROJECTS Inn on Ferry Street | 110 E. Ferry

MIDTOWN DEVELOPMENTANCHOR INITIATIVES

WAYNE STATE UNIVERSITY BIO-MEDICAL BUILDING


WAYNE STATE UNIVERSITY CASS/CANFIELD SITE


WAYNE STATE UNIVERSITY PHYSICIANS GROUP


TECH TOWN – RECEPTION AREA

MIDTOWN DEVELOPMENT

609 E. KIRBY

MIDTOWN DEVELOPMENT

NAILAH COMMONS

MIDTOWN DEVELOPMENT

SHERBROOKE MANOR

MIDTOWN DEVELOPMENT

MIDTOWN PROFESSIONAL BUILDING

MIDTOWN DEVELOPMENT

CASS PLAZA

MIDTOWN DEVELOPMENT

WOODWARD GARDENS BLOCK

Midtown Detroit Development 2003: 6 projects

2004: 6 projects

Midtown Detroit Development

2005: 10 projects


2006: 11 projects


2007: 10 projects


2008: 10 projects


2009: 11 projects


2010: 8 projects


2011: 12 projects


2012: 10 projects


2013: 17 projects


Planned: 28 projects


DISTRICT DEVELOPMENT PROJECTS

PIPELINE PROJECTS

Residential Projects (Recently Completed, Underway, Pipeline)

Total Units Recently Completed: 129 Total Units Underway: 304Total Units in Pipeline: 829+Total Units in Upgrade: 902Total Market Rate: 68%Total Affordable: 32%Total Investment: $220,818,184

2014 Infrastructure Projects

Total Investment: $14,750,000

Nj future redevelopment forum 2014 plenary mosey

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