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Deadline Detroit | Developers who expected to sell $489K condos in Detroit change course, citing limited demand


A rendering of Midtown West
Between $275,000 and $500,000 was apparently too much to pay to live on the edge of Midtown in a pandemic, dooming plans for condos at a completed portion of what was to be a $77-million development when it was announced four years ago.
Crain s reports the developers of the first building in Midtown West, a retail and housing concept to bring several hundred units to the site of the former Wigle Recreation Center at Selden Street between the Lodge and Third Avenue, have pivoted to rental apartments, citing limited interest from prospective owner-occupants. The 26 units at the Fourth & Selden will now start at $1,500 for a studio with a two-month free signing bonus. ....

Mario Procida , Peter Procida , Procida Development Group , Wigle Recreation Center , Midtown West , Selden Street , Third Avenue , Procida Development , மரியோ ப்ரோசிடக , ப்ரோசிடக வளர்ச்சி குழு , மிட் டவுன் மேற்கு , ஸெல்டந் தெரு , மூன்றாவது அவென்யூ , ப்ரோசிடக வளர்ச்சி ,