Exchange Building
338 Gratiot Ave.
Build:New
Status:Under construction
Uses:
ResidentialOfficeRetail
What's happening?
Exchange Detroit LLC, working with company Barton Malow and subsidiary LIFTbuild, is developing a 16-story residential tower on Gratiot and Brush. The building, which will contain 153 apartments along with 12 condo units, is being built from the top down using a proprietary system: each floor plate is constructed at ground level and lifted up into place. The $64.6M development received a $4.6M brownfield tax incentive. Construction began in September 2021 and the anticipated completion date is spring 2023.
Sources: MLive, DBusiness, Detroit News
What are the property details?
Parcel ID: | 01000207. |
---|---|
Taxpayer: | EXCHANGE DETROIT LLC |
Taxpayer address: | 26500 AMERICAN DR SOUTHFIELD MI 48034 |
Dimensions: | 79 ft by 105 ft |
Source: Open Data Portal
Where is it?
What does it look like?
Rendering of completed Exchange Building. Credit: LIFTbuild
The page was last updated at 7:03pm on 3/31/23.