space lab photo

SpaceLab Detroit to open coworking space in the Financial District

Broadway Alley

Restaurants, apartments planned for Broadway in Detroit

“Work is years away from wrapping on a multimillion development in Detroit’s Paradise Valley district downtown”

Broadway Exterior

Basmajian makes more inroads in Detroit real estate with $11 million project on Broadway

“Historic restoration will add 30 apartments to downtown multifamily market”

Downtown Detroit Building

developer explores six floors atop two-story Downtown Detroit building

“the owner of a Downtwon Detroit bank building is exploring construction of more floors on top of the two-story structure”

Downtown Detroit Building

going (back) up: Downtown Detroit building could get more floors with new ownership

“44 Michigan Ave. has 2 stores now, had 8 until 1970s”

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$52.4 million Paradise Valley plan includes hotel, restaurants, office, retail and apartments

“five groups have been named to spend $52.4 million in a series of projects to redevelop and build new buildings on parking lots in the Paradise Valley Cultural and Entertainment District in downtown Detroit”

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buildings in time

“from jewelry to historic buildings, Roger Basmajian embraces urban redevelopment”

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80 multifamily units planned in $13 million East Jefferson redevelopment

A planned $13 million redevelopment along East Jefferson Avenue in Detroit could bring about 80 multifamily units to the market…

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mixed-use proposal for Downtown Ferndale

Ferndale’s downtown residency rate could get a boost with a new mixed-used development proposal that would add scores of new apartments. A Ferndale resident and real estate investor is proposing a large mixed-use development with 90 apartments and commercial spaces in the downtown at a vacant grocery store property.

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renovations Begin in Earnest on the Olde Building

renovations happening at the Olde Building, aka “the 751”, aka 751 Griswold, originally designed by iconic Detroit architect Albert Kahn. Built in 1924, the Olde Building stood vacant for 17 years, needing new mechanical systems and extensive cosmetic restoration inside. Enter Detroit developer Roger Basmajian…

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detroit’s Shelby Congress building undergoes renovation into office space, restaurants

The Shelby Congress Building in downtown Detroit, built in 1925, is undergoing renovations and will be transformed into a boutique office building with ground floor restaurants. The 50,000-square-foot building, at the corner of Shelby and Congress, was acquired by Roger Basmajian, founder of Basco of Michigan Inc…

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what we’re fixing and building

“Detroit doesn’t exactly have a great track record when it comes to preserving the past. But there’s a new feeling around town, and with it comes success stories, old and new wish lists, and even some brand-new construction…”

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vacant Olde Building suddenly aglow

Aside from the presence of a roll-off dumpster, the corner of Griswold and Lafayette looks like its normal, abandoned self during the day. But if you swing by at night–The vacant Olde Building has been completely lit up…

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small investors making inroads, impact in Detroit CBD’s office building market

Roger Basmajian has quietly started putting his fingerprints on Detroit’s central business district in the last nine months with the purchase of three office buildings…

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basco rehabs downtown Ferndale building

A crumbling facade and rotting steel didn’t stop Roger and Sergio Basmajian from renovating a building in downtown Ferndale…