DETROIT (WWJ) -- The $75 million redevelopment of Detroit's historic United Artists Building is underway and will soon bring mixed-income housing, retail and dining to Grand Circus Park.
Detroit Mayor Mike Duggan, Council President Mary Sheffield, Chris Ilich and leaders from the Bagley Development Group celebrated the groundbreaking on Thursday morning.
The 100-year-old building, which sat vacant for 50 years, will be transformed into the Residences @ 150 Bagley. It will include 148 apartments, 20% of which will be reserved as affordable housing at 80% of the area's median income.
“For nearly half a century, the United Artists Building has been one of our city’s iconic images of blight and abandonment,” Duggan said. “Today, just like we are doing with Michigan Central Station, Fisher Body 21, Lee Plaza and others, we are giving the United Artists Building new life, and turning blight into beauty.
In addition to one- and two-bedroom units, the project will also develop approximately 10,000 square feet of retail and dining space along Bagley Street.
"My partners and I are honored to develop Residences @150 Bagley in such a vibrant, downtown community," Emmett Moten with Balgley Development Group said. “Residences @ 150 Bagley represents the perfect model for urban development, with the public and private sectors working collectively to benefit the community."
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The 18-story building was designed by Detroit architect C. Howard Crane and opened in 1928. The building is within The District Detroit and Grand Circus Park Historic District.
The building is slated to open at 150 Bagley St. in late 2023.
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