June 30, 2016 Comments Off on Five Teams to Invest $52M in Downtown Detroit Revitalization Views: 528 California News, Michigan, Midwest, National News

Five Teams to Invest $52M in Downtown Detroit Revitalization

Five teams have been selected to redevelop an area known as Paradise Valley in downtown Detroit. The teams, selected by the Detroit Downtown Development Authority, will invest at least $52 million in the small enclave on the metro’s east side.

Developers include businessmen Dennis Archer Jr., architect Rainy Hamilton and gallery owner George N’Namdi. Redevelopment projects will include a boutique hotel, retail and office space, and apartments. Once known as Harmonie Park, the area used to serve as the central district for the African American community. Instead, freeways and attempted urban renewal blighted the neighborhood.

The future of Paradise Valley has been debated, as many want to ensure that renewal would include a dose of African American culture. The current plans include room for a new jazz club, art galleries and headquarters for the Michigan Chronicle newspaper.

Read More at Detroit Free Press

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