Nj future redevelopment forum 2014 plenary mosey

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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

MDI INITIATIVESCOMMUNITY DEVELOPMENT

GREEN ALLEY’S

MDI INITIATIVESCOMMUNITY DEVELOPMENT

COMMUNITY GARDENS

MDI INITIATIVESPLANNING & ECONOMIC DEVELOPMENT

FAÇADE PROGRAM 4130 Cass

MDI INITIATIVES

FAÇADE PROGRAM

PLANNING & ECONOMIC DEVELOPMENT

Selden Standard

MDI INITIATIVES

SMALL BUSINESS DEVELOPMENT

PLANNING & ECONOMIC DEVELOPMENT

MDI INITIATIVES

SMALL BUSINESS DEVELOPMENT

PLANNING & ECONOMIC DEVELOPMENT

Whole Foods Market

MDI INITIATIVES

SMALL BUSINESS DEVELOPMENT

PLANNING & ECONOMIC DEVELOPMENT

Shinola

MDI INITIATIVES

SMALL BUSINESS DEVELOPMENT

PLANNING & ECONOMIC DEVELOPMENT

Emerald

MDI INITIATIVES

SMALL BUSINESS DEVELOPMENT

PLANNING & ECONOMIC DEVELOPMENT

Great Lakes Coffee Roasting Co.

MDI INITIATIVESPLANNING & ECONOMIC DEVELOPMENT

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

MDI INITIATIVESPLANNING & ECONOMIC DEVELOPMENT

DEVELOPMENT PROJECTS 4265 Woodward

MDI INITIATIVESPLANNING & ECONOMIC DEVELOPMENT

DEVELOPMENT PROJECTS Woodward Willis

MDI INITIATIVESPLANNING & ECONOMIC DEVELOPMENT

DEVELOPMENT PROJECTS Forest Arms

MDI INITIATIVESPLANNING & ECONOMIC DEVELOPMENT

DEVELOPMENT PROJECTS 70 W. Alexandrine

MDI INITIATIVESPLANNING & ECONOMIC DEVELOPMENT

DEVELOPMENT PROJECTS 92 E. Forest

MDI INITIATIVESPLANNING & ECONOMIC DEVELOPMENT

DEVELOPMENT PROJECTS Inn on Ferry Street | 110 E. Ferry

MIDTOWN DEVELOPMENTANCHOR INITIATIVES

WAYNE STATE UNIVERSITY BIO-MEDICAL BUILDING

MIDTOWN DEVELOPMENTANCHOR INITIATIVES

WAYNE STATE UNIVERSITY CASS/CANFIELD SITE

MIDTOWN DEVELOPMENTANCHOR INITIATIVES

WAYNE STATE UNIVERSITY PHYSICIANS GROUP

MIDTOWN DEVELOPMENTANCHOR INITIATIVES

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

Midtown Detroit Development

2006: 11 projects

Midtown Detroit Development

2007: 10 projects

Midtown Detroit Development

2008: 10 projects

Midtown Detroit Development

2009: 11 projects

Midtown Detroit Development

2010: 8 projects

Midtown Detroit Development

2011: 12 projects

Midtown Detroit Development

2012: 10 projects

Midtown Detroit Development

2013: 17 projects

Midtown Detroit Development

Planned: 28 projects

Midtown Detroit Development

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