Elton Park’s Historic Checker Building Lofts Begin Preleasing for December Occupancy
Detroit – Soave Real Estate Group announced today, during a construction tour and redevelopment update for Elton Park, that its iconic Checker Building is starting pre-leasing for the new-to-market hard lofts, with the first loft apartments ready for move-in this December. The Checker Building is one of six mixed-used buildings that comprise Elton Park, an integrated residential and commercial development in Detroit’s historic Corktown neighborhood just north of Michigan Avenue and east of Old Tiger Stadium. The other five Elton Park buildings are set for completion in the spring of 2019.
The Checker Building features 45 one-bedroom and seven two-bedroom hard loft apartment units, as well as first-floor retail, a rooftop terrace and enclosed covered parking. The one-bedroom unit rents are priced from $1,020 and range in size from approximately 600 to 900 square feet; two-bedroom unit rents are priced from $1,900 and range in size from approximately 950 to 1,175 square feet.
For more information including leasing, prospective residents can visit www.EltonParkCorktown.com or email Leasing@EltonParkCorktown.com for more info.
“We are thrilled to see the vision we developed with our Corktown neighbors come to fruition with the fast-approaching completion of the first phase of Elton Park,” said Anthony Soave, president and CEO of Soave Enterprises. “What was once primarily commercial and vacant land will now welcome its first residents in the beautifully redeveloped Checker Building. 100 more apartments will follow this spring. We are delighted with how these apartment homes have turned out, and residents will soon call Elton Park in Corktown their home.”
Soave Real Estate Group broke ground on Elton Park, a $150-million multiphase mixed-use development, in May 2017. Phase one, and future phases of the Elton Park development, will transform approximately 4.5 acres by adding approximately 400 residential units and up to 30,000 square feet of retail, making it the largest development this neighborhood has seen in decades.
Phase one of Elton Park spans five blocks and is comprised of six buildings, with 151 rental units totaling approximately 125,000 square feet of residential space and approximately 13,000 square feet of retail. In addition to the historic redevelopment and adaptive reuse of the Checker Building, Elton Park’s five new-construction buildings include: the Robertson, four-stories, with 45 one- and two-bedroom units and retail; the Crawford, five-stories, with 40 one- and two-bedroom units and retail; 2100 and 2120 Trumbull, both offering five live/work spaces and retail; and 8th Street Row, which includes four three-story attached walk-up row houses, each approximately 1,750 square feet. 20 percent of the units are planned as affordable. In addition, ample parking is available throughout the development to meet the needs of residents and visitors.
Elton Park will also include the development of Checker Alley, an active gathering space with commercial space between the Checker Building and 2120 Trumbull.
The development plan grew out of a robust engagement process with business and resident stakeholders in the Corktown neighborhood. Its name, Elton Park, derives from a 19th century park, originally located at Elizabeth Street and Fifth Street until the late-1950s when it was lost to the construction of the Lodge Freeway.
The Elton Park development is wholly owned by Soave Enterprises, and supported by a notable project consultant team, including: Detroit-based Roxbury Group, which is providing development services; Detroit-based architecture and design firms Hamilton Anderson Associates and Quinn Evans Architects; and Monahan Construction, which is serving as construction manager.
Soave Real Estate Group is a part of Soave Enterprises, a Detroit-based, privately held company with significant investments and operations in real estate, metals recycling, horticulture and automotive. Its real estate portfolio encompasses more than $2 billion of development across six states.