The sales center for the largest new residential development in Detroit opens this week, but 39 City Modern condominiums are already on the market and moving briskly, with prices ranging from $230,000 to $800,000 for the new Brush Park units.
The City Modern Presentation Center, 318 Edmund Place, is where interested buyers can get a look at the project that will overhaul 8.4 acres of mostly urban prairie in the Brush Park neighborhood just north of downtown. The presentation center is open daily, except Wednesdays, 11:30 a.m.-5:30 p.m.
City Modern is a $100 million development that will have a mix of apartment complexes, carriage homes, townhomes and duplexes, all of which should be finished by 2020. Once complete, there will be 410 new units of housing and 22,000 square feet of retail space. All will have a modern design scheme that contrasts with the historical Victorian mansions in the neighborhood. The Dan Gilbert-led project will also renovate four Victorian homes on Alfred. In total, 107 of the new residences will be for sale; the other 303 will be rental units.
On the market since January are 39 units that are either carriage homes or townhomes; construction on those residences won’t begin until spring. They come in a wide range of square footage, with an attached garage, and with options of two to four bedrooms, balconies and rooftops.
“We have 16 signed purchase agreements and nine have reservations to sign purchase agreements,” said Randy Wertheimer, president and CEO of Hunter Pasteur Homes, the builder of the carriage homes and townhomes. The average sales price for the units sold is $590,000, he said.
“We’re likely to have 30 units (under contract to be sold) by the time we put shovels in the ground,” he said. Construction for a 54-unit apartment complex for seniors is also expected to begin this spring.