The partnership of Oxford Capital Group, Hunter Pasteur, and The Forbes Co. has announced the topping off of the multifamily housing project Perennial Corktown in Detroit. The community will begin pre-leasing apartment units in spring 2023.
The project, located at 1611 Michigan Ave., includes the seven-story apartment complex, seven townhomes, a three-story parking garage, and more than 12,000 square feet of retail space.
It is adjacent to the luxury lifestyle Godfrey Hotel that Chicago-based Oxford and Farmington Hills-based Hunter Pasteur are separately developing, which will open this summer.
Both developments are located near The Corner Ballpark (formerly Tiger Stadium), and east of Michigan Central, Ford Motor Co.’s emerging mobility campus at Michigan and 14th Street that includes the renovation of the former Michigan Central Depot and neighboring Book Depository Building (originally Roosevelt Warehouse).
Leasing for tenants in the retail space at Perennial Corktown currently is underway, with the first lease already signed.
“We are pleased with the significant construction progress that has been made at our Perennial Corktown project, and completing the superstructure is an important milestone,” says Seth Herkowitz, a partner at Hunter Pasteur. “We are equally pleased that our projects are bringing to fruition important community benefits, including but not limited to workforce development, employment, tax base, sustainability, and infrastructure investment.”
The development is set to open in November, debuting 188 units, including a combination of studio, one-bedroom, and two-bedroom apartments, in addition to seven luxury three-bedroom townhomes.
Residential tenants of Perennial Corktown will have access to an array of premier on-site amenities, including an outdoor pool and deck area, community coworking space, workout room with a yoga studio, outdoor amenity deck, club room with private dining and rentable rooms, demo kitchen, and more.
With the goal of creating a strong community within the building, Perennial Corktown will activate unique programming in common spaces for residents to enjoy throughout the year.
“With Corktown’s rich history, increasing visibility, and growing popularity in downtown Detroit, we are thrilled to join the thriving community of businesses and look forward to welcoming new residents and locals to the Perennial Corktown complex in 2023,” says John W. Rutledge, founder, chairman, and CEO of Oxford Capital Group and Oxford Hotels & Resorts.
The complex also will feature 12,000 square feet of retail space across the ground floors of the apartment building and parking garage.
Corktown Market is the first confirmed business to join Perennial Corktown, with 2,033 square feet of retail space. The market will be a new full-service neighborhood grocery store, set to open in fall 2023, and is committed to providing fresh, affordable, and local products to residents, with a full-service deli and coffee bar that includes indoor and outdoor seating.
“As lifelong Detroiters, we couldn’t be more excited to be a part of the Perennial in Corktown,” says Hadwan Hadwan, owner of Corktown Market. “This vibrant community holds a special place in our hearts, and we’re honored to contribute to its growth by the opening of our market.”
At 1401 Michigan Ave. — and opening in summer 2023 — will be The Godfrey Hotel Detroit, a 227-room luxury lifestyle hotel. Developed by Oxford and Hunter Pasteur, the property will feature an indoor/outdoor rooftop lounge with expansive views of downtown Detroit and Corktown, a 6,000-square-foot ballroom that will accommodate events of more than 350 guests, an additional outdoor events venue, and a fitness center.
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