Construction is underway on a 14-unit townhome development near the former Tiger Stadium in Detroit’s Corktown neighborhood. The cost of the development was not disclosed.
The Eleventh, located at 2037 11th St., is being developed by Premium Development Group and Ferlito Group, both based in Detroit. The 14 residences come in two offerings — 12, two-bedroom and two, one-bedroom townhomes.
Construction began in August and is expected to be completed in two phases. The first phase, consisting of seven units, is slated for completion in the summer of 2021.
Located south of Michigan Avenue, the residences will be located near The Corner, a $31 million mixed-use development at the site of the former Tiger Stadium at Michigan and Trumbull avenues, which opened last year.
It features 111 multifamily units of studio, one- and two-bedroom apartments, with 20 percent designated affordable at 80 percent of area median income. It was developed by Larson Realty Group in Detroit. Every residence overlooks the Detroit PAL Corner Ballpark, which replaced the former ballpark.
Other local landmarks include Michigan Central Station, the historic train station at Michigan and 14th Street that was acquired by Ford Motor Co. in June 2018 and is now being converted into an innovation hub for mobility, along with the neighboring Roosevelt Warehouse. Joined by The Factory at Michigan and Rosa Parks Boulevard, all three projects will house 5,000 workers — half from Ford with the remaining filled by suppliers, mobility firms, and other high-tech operations — and be completed in 2023.
The Eleventh, located in a walkable and bike-friendly neighborhood, also provides close access to multiple shops, restaurants, entertainment, greenspaces, and I-75, I-96, and the Lodge Freeway. In addition, the Detroit RiverFront Conservancy is planning a greenway that will run from behind Michigan Central Station to the upcoming Ralph C. Wilson Centennial Park, a 22-acre riverfront oasis that is planned to open in 2023 (bounded by the river, West Jefferson Avenue, Eighth Street, and Rosa Parks Boulevard).
“Corktown is the city’s oldest neighborhood (established in 1834), so our goal for The Eleventh is to build a residential experience and environment that creates harmony between that historic past and today’s modern design,” says Arti Mangla, a partner of Premium Development Group. “To accomplish this, we’ve worked very closely with community residents and groups, listening to what they would like to see in their neighborhood, and we’re honored and excited to be a part of this remarkable area.”
Each residence will include an attached garage, two balconies, and an optional rooftop terrace that offers 360-degree views of Corktown, Michigan Avenue, and the train station. One-bedrooms are 975 square feet with a full bath and a half bath, and two-bedrooms are 1,350 square feet with two full baths and one-half bath.
The façade will be made up of red brick, gray and cedar detailing, and large contemporary windows.
“We saw a clear need for a residential development in Corktown that made sense for a first-time homebuyer, as well as dual-income households,” says Mike Ferlito, a partner of Ferlito Group. “There is demand for homes in this price range, in this neighborhood, and in this style, offering privacy, outdoor space, and a range of conveniences.”
The residences offer open floor plans, 10-foot ceilings, hardwood floors, quartz countertops, stainless steel appliances, Grohe plumbing fixtures, and Toto toilets. Several custom design options are available.
Pricing begins at $389,900, and sales are being led by Alexander Real Estate Detroit.
“People are spending more time at home, and amenities like multiple outdoor spaces, second bedrooms that can double as a home office, and in-unit laundry are all very appealing,” says Matt O’Laughlin, managing partner of Alexander Real Estate Detroit. “Buyers also still want access to all the benefits of city living – public parks and greenspaces, independent restaurants and shops, entertainment, and culture – and proximity to their workplace, whether they’re an essential worker or working from home.”
An outdoor open house for the development will take place today from 4-7 p.m. at the site. Guests will be able to view design samples and floor plans, meet the sales team and developers, learn about lending options, and experience the neighborhood. All guests are required to wear masks and practice social distancing. RSVP is required and is available here.
