Reckmeyer Residences (Broadway Lofts)
1322, 1326, 1332 Broadway St.
What does it look like?
Rendering of Reckmeyer Residences. Image credit: Via Basco
What's happening?
Basco of Michigan, led by Roger Basmajian, plans a new nine-story apartment building with ground-floor commercial space that would be created across three downtown buildings (including two restaurants), incorporating the historic facades of two of them. The project has a planned completion date of December 2025.
Sources: Detroit Free Press, Michigan Chronicle
Developers: Basco of Michigan
Cost: $38 million
What are the property details?
| Parcel ID: | 01004006. |
|---|---|
| Taxpayer: | DOWNTOWN DEVELOPMENT AUTHORITY |
| Taxpayer address: | 500 GRISWOLD SUITE 2200 DETROIT MI 48226 |
| Dimensions: | 20 ft by 110 ft |
| Parcel ID: | 01004007. |
|---|---|
| Taxpayer: | DOWNTOWN DEVELOPMENT AUTHORITY |
| Taxpayer address: | 500 GRISWOLD SUITE 2200 DETROIT MI 48226 |
| Dimensions: | 46 ft by 110 ft |
| Parcel ID: | 01004005. |
|---|---|
| Taxpayer: | BROADWAY DETROIT PROPERTIES LLC |
| Taxpayer address: | 1300 BROADWAY STE 600 DETROIT MI 48236 |
| Dimensions: | 31 ft by 110 ft |
Where is it?
What kind of housing is it?
| Units: | 80 |
|---|---|
| For rent/sale: | To rent |
| Affordability: | Yes |
Updates
September 24, 2024: Permit issued | BSEED
Proposed use: Multi-Family Dwelling (80 Units)/Retail
Type of construction: 1B - CONC/STL (FP 332)
Permit type: Addition
Description of work: Per HDC NTP Cert#23-8393, Construct 9 Story, 80 Unit Multi-Family Dwelling (30 Studio/1 Bath, 44 One Bed/1 Bath, 6 Two Bed/2 Bath) Addition w/Ground Floor Commercial space retaining existing bldg facade per plans. Subject to Field Approval. No C of O w/o Parcel combination.
Contractor estimated cost: $14,000,000