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Developer Basco to renovate Busy Bee

Detroit based Basco plans to redevelop Busy Bee Hardware properties into a $6 million dollar mixed-use development with ground floor retail and residential units above

MarxModa opens Detroit headquarters in historic downtown building

"The historic Albert Kahn-designed bank building at the corner of Griswold and Lafayette is filled with activity again after it sat empty for 17 years. A three-year renovation is now complete, and Herman Miller office furniture dealer MarxModa has opened a new headquarters in the space."

Inside Brome Modern Eatery’s Plant-Filled Downtown Burger Bar

Detroit’s 6,000-square-foot Brome outpost shares many similarities to its predecessor including a modern interior with high ceilings, wood tones, and lots of green accents, but the restaurant design also takes advantage of the unique character in the building.

Brome Modern Eatery’s Second Burger Outpost Invades Detroit Next Month

Dearborn-based restaurant and juice bar Brome Modern Eatery is expanding to downtown Detroit next month. The popular spot known for its halal burgers and shakes is in the process of setting up shop inside a space at 607 Shelby Street.

The Bar Method to open in downtown Detroit

San Francisco-based workout studio The Bar Method is readying to open its first Michigan location in downtown Detroit in March. Chicago native Christina Carroll co-owns the Detroit franchise location with Amelia Patt Zamir, who is from Bloomfield Hills and was included in Crain's 2018 Women in real estate special report as principal of Method Development.

Bar Method gym based on ballet to open in downtown Detroit

The Bar Method, a fitness studio franchise that bases its workouts on ballet exercises using stationary handrails known as barres, is set to open Thursday in downtown Detroit as one of the latest in a spate of health clubs and gyms investing in Michigan.

SpaceLab Detroit to open coworking space in the Financial District

A new collaborative work space is opening up in a historic building, this time in Detroit’s Financial District. SpaceLab Detroit will open late 2017  for small business professionals, entrepreneurs, and those who just need an office downtown. The 5,200-square-foot space will include a design library, project display areas, conference rooms, and shared administrative services.

SpaceLab Detroit to open collaborative working space in Financial District

The space is located in the U.S. Mortgage Bond Building, located at 607 Shelby. Designed by architect Harry S. Angel in 1925, the building was purchased by Basco in 2013; they’ve been updating and restoring this neoclassical building since.

$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”

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

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

Restaurants, apartments planned for Broadway in Detroit

Work is years away from wrapping on a multimillion development in Detroit’s Paradise Valley district downtown, but the project has already spurred development on nearby blocks.

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

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

Developer explores building six floors atop two-story Downtown Detroit building

The owner of a Downtown Detroit bank building is exploring construction of more floors on top of the two-story structure.

The First Independence Bank building at 44 Michigan Ave. was originally an 8-story building.

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…

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…

Buildings In Time

From jewelry to historic buildings, Roger Basmajian embraces urban redevelopment.

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…

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…”

vacant Olde Building suddenly aglow

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

Basco rehabs downtown Ferndale building

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