Sugar Hill

Detroit,
MI
(2020)

Sugar Hill

Adult Education, Affordable Housing, College or Vocational Training, Community, Homeless Services, Housing, Infrastructure, Mixed-use, Retail, Retail and Commercial, Transportation and Ports, Veterans Services

Construction and development of a 5-story, mixed-use building consisting of 68 residential units, parking and approximately 12,000 sq. ft. of ground floor commercial and retail space.

Investment

NMTC Amount: $28,965,000
Total Project Cost: $35,080,214

IMPACT

24 FTE jobs
57 construction jobs
Workforce training program will have 16 students per year
146,011 sq. ft. of real estate

CDEs

Building America CDE, Cinnaire New Markets, Michigan Community Capital, PNC

Investor

PNC

Project Description

Construction and development of a 5-story, mixed-use building consisting of 68 residential units, parking and approximately 12,000 sq. ft. of ground floor commercial and retail space. The project will support inclusive growth in Detroit’s historic cultural district with apartments being marketed to artists, teachers, and professionals, attached to the surrounding cultural district and medical campuses and a majority of the commercial space being leased to tenants that will provide career training and job opportunities for low-income individuals. The space will include 68 rental units and 14 of these rental units will be available for homeless veterans and 6 will be available to households below 80% AMI. The remaining will be mixed income rental units.

MAP

Address: 81 Garfield Street + 119 Garfield Street, Detroit, MI 48201

Census Tract: 26163517500

PDF Profile

Other Michigan Projects

Pere Marquette Depot Rehab

Bay City,
MI
(2007)

Community, Historic Rehabilitation, Mixed-use, Nonprofit Hub

CDE(s): Michigan Community Capital

After sitting idle for more than three decades, the Pere Marquette R.R. Depot became the bustling center of activity that it was over a century ago.

Alco Products

Detroit,
MI
(2016)

Business Development, Manufacturing

CDE(s): Midwest Industrial Redevelopment Fund

NMTC financing supported the Alco Products project.

Dow Bay Area Family YMCA

Bay City,
MI
(2010)

Community, Daycare and Early Childhood, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): Stonehenge Community Development

Construction of a 92,000 sq. ft. YMCA that includes a large swimming pool, three multi-purpose fitness rooms, a child care center, two basketball courts, paddle-ball and racquetball courts and a

The Watershed

Sturgis,
MI
(2022)

Affordable Housing, Historic Rehabilitation, Mixed-use

CDE(s): Michigan Community Capital

Rural investment supporting attainable housing and social-enterprise.