Detroit Development Tracker

Exchange Building

338 Gratiot Ave.

Status:Under construction

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 address:26500 AMERICAN DR SOUTHFIELD MI 48034
Dimensions:79 ft by 105 ft

Where is it?

What does it look like?

A cool cat.

Rendering of completed Exchange Building. Credit: LIFTbuild

Tell us what you know about this project

The page was last updated at 7:03pm on 3/31/23.