DETROIT—Downtown Detroit has undergone a remarkable transformation in recent years, as office developers have renovated dozens of towers now occupied by thousands of employees. In addition, residential developers have revived a collection of downtown apartment buildings which new urban dwellers snap up as fast as they are completed. In the latest chapter of the CBD's bounce back, Detroit-based Kraemer Design Group, PLC just completed the historic consulting, architectural and interior design at 1214 Griswold, now known as The Albert Capitol Park in the Capitol Park neighborhood.
The Albert, owned by 1214 Griswold Apartments LLC, which was formed by Richard Broder, the chief executive officer of Detroit-based Broder & Sachse Real Estate Services, Inc. in 2013, now has 127 luxury units. The new one- and two-bedroom units include Chevron flooring, custom moveable kitchen islands and energy efficient vintage lighting.
“Capitol Park, a celebrated district with a rich history is quickly becoming downtown Detroit's newest hotspot and we're thrilled that our historic expertise has afforded us the opportunity to play a critical role in the area's redevelopment,” says Kraemer. “The Albert is a great representation of the future of multi-family housing and innovative residential design.”
The first wave of tenants moved into the Albert in July, with additional units coming available for spring leases. The 12-story building was originally designed by Albert Kahn in 1929 and was added to the National Register of Historic Places in 1980.
KDG has completed many historic renovations in Detroit's urban core. Currently, it is engaged on several other Capitol Park area projects, including the renovation of the Capitol Park Lofts at 1145 Griswold, the Farewell Lofts at 1249 Griswold, the Griswold Lofts at 1212 Griswold and a newly built apartment complex at 150 Michigan Ave., now called the Griswold.
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