Development notes: Target rumors, Burton School building sold, Ashton updates

This week, Kirk Pinho of Crain’s discussed what could happen to the southeast corner of Woodward and Mack. The location is right across the street from Whole Foods and recently, some buildings were demolished on the site.

Pinho talked with the current owners of the seven acre site, George and Adam Nyman, who “confirmed a meeting with the Minnesota-based retail giant.”

Any guesses?

Although specifics are not available at this point, the development could have office, parking, and retail space. A Target in Midtown has been rumored for quite a while, and we know it’ll be here eventually. Detroit needs more basic needs retailers, and we hope there’s an official announcement sooner than later.

A few blocks away, Friedman Real Estate announced today that the old Burton School was recently sold. The property was owned by Joel Landy and was sold to the Sterling Group, who recently purchased the Ford Building downtown. No plans yet for the 60,000-square-foot structure on Cass. Landy owns multiple properties throughout Cass Corridor, and is behind the incredible renovation of the James Scott Mansion.

Courtesy of Friedman Real Estate

Last summer, we reported on a new condo development, the Ashton Detroit, which is the first freestanding, high-rise condo built in Detroit in more than 20 years. The development will be 12 stories with 98 units, and is now slated to open in early 2019 (ground breaking could come later this year). Today it was announced that Max Broock Realtors are the listing agents, and over 100 inquiries have been made about units in the development.

The Ashton will be located at 659 Howard Street. Units will range in size from 700-2,500 square feet and will have views of the Detroit River and city skyline.

Courtesy of The Ashton Detroit