A number of developments are underway New Center and Milwaukee Junction, and The Platform, which owns the Fisher Building, is involved in many of them.
Tenants are moving in to the first of its completed buildings, Baltimore Station 1 on Woodward Avenue, which has been under construction for a couple years.
This 27,110-square-foot mixed-use building has 23 apartments. Five of the units will lease for 80 percent of the area median income, or for households that make less than $45,440 per year.
Here’s a breakdown of the unit sizes and rental rates from a 2018 Curbed Detroit article: A 570-square-foot studio run $1,315 per month. One bedrooms will range in size from 590-850 square feet, at $1,280-1,795. Two bedrooms will be 1,000-1,185 square feet, at $2,070-2,552 a month.
All units, many of which are still available for rent, come with stainless-steel appliances, in-unit laundry, granite countertops, and on-site parking. Some have a private terrace as well.
A Huntington Bank branch will be in the ground-floor retail space, with others to be announced later this spring.
The building also contains a mural, “Movin’,” which was a collaboration between students from the Henry Ford Academy School for Creative Studies and artists in subsidized studios in the Fisher Building.
The Platform is also nearing completion on two other sizable, mixed-use new-builds in the area. Baltimore Station 2, right around the corner on Baltimore Street, will have 138 residential units over 115,000 square feet. It’s set to be finished next year. The Boulevard, slated for a 2019 summer opening, will have 231 units spread over 207,000 square feet.
It’s also working on Chroma, a $16 million redevelopment on East Grand Boulevard that will turn the “Illuminated Mural” building into a co-working space and food hall. It’s set to be complete this November.