He says the revitalization of Downtown Detroit, with new casinosandstadiums, have added to the visitors and employment base andwill increase interest in apartment living in Detroit. Constructionstarts have been sluggish, however.
"Condominium conversions Downtown and in the suburbs arebecoming increasingly popular, with owners choosing to sell offunits for quick profits rather than deal with property managementheadaches sometimes associated with rental units," Kupiec says.
The Rochester and North Oakland areas are experiencing the mostapartment construction activity due mainly to the creation of newjobs along Automation Alley, Kupiec says, which has seen newbusinesses springing up to support the nearby automotiveindustry.
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