Inside The Coe at West Village, Detroit Strategic Neighborhood Initiative.
The Coe at West Village real estate project offered a look at what the interior of its housing units will look like as it works on the development in the rapidly evolving Detroit neighborhood east of downtown.
The mixed-use development will house 11-13 residential units and another 1,100 square feet of retail at 1462 Van Dyke St., at the intersection with Coe Street. Developer Clifford Brown’s Southfield-based Woodborn Partners LLC and Grosse Pointe Park-based Christian Hurttienne Architects, which created the renderings, are working together on the $4 million project. They’re joined by Detroit-based Sachse Construction, which will build the units, and manager Broder & Sachse Real Estate of Birmingham.
Construction on The Coe started in mid-December and is expected to be finished next fall. Eight walk-up row houses will populate the space along Coe Street, while the Van Dyke side is reserved for street-level retail units, with four apartments above.
The two-bedroom townhomes will rent for $2,100 per month, while the mix of studio units and one-bedroom lofts will range from $936 to $1,479 per month.
The project came as part of a block of investments by the Detroit Strategic Neighborhood Initiative, a collaboration of Invest Detroit, the Detroit Development Fund and the Opportunity Resource Fund. The initiative has dedicated funding to improving real estate, jobs and infrastructure in West Village, Southwest Detroit and the Livernois-Six Mile corridor on Detroit’s west side.
In October, J.P. Morgan Chase & Co. announced a grant of $5 million— toward the $30 million Strategic Neighborhood Fund to drive inclusive economic growth in Detroit’s neighborhoods. That grant is part of Chase’s $125 million, five-year neighborhoods initiative in cities around the country.