X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DETROIT-Land is being assembled by a Livonia development firm to create a 250,000-sf shopping center here. Schafer Development LLC in Southfield and two partners, Strather & Associates Inc. and Grenadier Properties, have purchased 81 homes along Telegraph Road, north of Seven Mile, and have plans pending before the Detroit Planning Commission to build a $70-million center in the city.

So far, the Home Depot and Target are among those interested in locating stores at the proposed Seven Mile Crossing. Other possible tenants include Fifth Third Bank, Flagstar Bank and Starbucks Coffee, according to the development proposal.

Construction on the 27-acre project is slated to get started next year, with an opening set for 2006. Most of the homes will be demolished, while some will be moved to vacant lots in surrounding neighborhoods.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.