The Ribbon

Investment

  • NMTC Amount: $7,750,000
  • Total Project Cost: $8,237,525

IMPACT

  • 11 FTE jobs
  • 15 construction jobs
  • 7,320 sq. ft. of real estate

Project Description

The Ribbon is a direct output of Invest Detroit’s Strategic Neighborhood Fund (SNF) efforts in the East Warren Commercial Corridor. The Ribbon will help catalyze the neighborhood’s revitalization efforts, directly responding to community desire for mixed-use projects that support affordable housing options and local businesses accessible to the community. Mr. Edward Carrington is an emerging developer of color, a targeted demographic for the SNF initiative who is adaptively reusing a vacant bank branch and adding to the structure to create 18 residential units on a second and third floor.

MAP

Address: 16530 East Warren Avenue, Detroit, MI 48224

Census Tract: 26163501800

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