Rehab is nearly complete at the Detroit Savings Bank building, meaning its 56 new apartments will soon go live. Living in Detroit's oldest surviving high-rise, however, will not come cheap. The Free Press reports an average rent around $1.90 per square foot, meaning a price range from $950 for a tiny studio to roughly $3,800 for a two-story penthouse. It's just slightly below the $2 per square foot average found at Capitol Park's other residential rehab, the Albert, where pampered residents enjoy 24 hour concierge and even a special shower for dogs. Expect the DSB's new apartments to hit the market by May.
· Tour the Detroit Savings Bank Mid-Renovation [Curbed]
· Detroit archdiocese dedicates its new home in Capitol Park [Freep]