Mircoapartments in Detroit 

By mousa

Listen to the article

Mircoapartments in Detroit 

"Listen to audio version"
2:49

The mantra of modern day Detroit: two old buildings are being renovated into something new. The Shapero Hall, once owned by Wayne State University, and the Brentwood Apartments in Midtown, are now being converted into “micro apartments.” Micro apartments first rose to popularity in the states, starting in New York City. They typically are built as a one-room dwellings, with on average, 300 square feet of space. Here are a few new micro apartments popping up in Detroit.

The Shapero Hall

This space was once operated by Wayne State University, prior to moving to their Midtown location. Once slated to be demolished in 2012, the Shapero Hall will now be converted into 180 different, livable, and vibrant micro apartments. These spaces will be slightly larger than the typical micro apartment, ranging in 400-500 square feet of space. On average, each micro apartment will cost $600 a month, and is considered a cheap living alternative for those looking to move into the city. The Shapero Hall micro apartments will be constructed by the Boydell Development Group, which typically works on spacious lofts. This new venture is sure to be a challenging, yet interesting, new take on living in Detroit. The Boydell Development Group anticipates these micro apartments to be completed and tenant ready by 2015.

The Brentwood Building

Moving back into the current neighborhood of Wayne State University, the Brentwood building is now ready to bring in rent from students and individuals looking to live near the busy section of campus. Centrally located near the popular Bronx Bar and Motor City Brewing Works, each micro apartment offers 450-700 square feet of space, and rent starts at $800. This higher price tag than Shapero comes with the amenities of living in the ever-changing Midtown center. The Brentwood apartments are catered to students, looking for quiet spaces to live on their own and who may not necessarily need parking requirements. The apartments went up for rent at the end of July, and have already started filling up. The renovations for the Brentwood apartments took nearly 2 years to complete, and had a budget of over $1.2 million. There are only 38 space offered, so if you’re looking to move into this exciting Detroit area, act fast!

These cozy options offer a different spin on Detroit living. Residents are eager to move along with the creative entrepreneurial spirit that is constantly buzzing around the city. While the micro apartments may not be your ideal space, their compact and minimalistic nature will bring new life into the city for those who may not otherwise have been able to afford it.

Next Post

    Latest Posts

    Maximizing Revenue from Detroit Rental Properties

    Read Full Post
    looking at economic data on a tablet

    The Role of Economic Indicators in Real Estate Investment

    Read Full Post
    A man in a suit typing on a calculator

    Financing Strategies for Detroit Real Estate Investments

    Read Full Post
    Wooden cubes that spell scale up

    Scaling Up Your Real Estate Investment Portfolio in Detroit

    Read Full Post
    icon_2

    Subscribe To
    Receive The Latest News

    Similar Posts

    By mousa  |  Jun 27 2015

    Surrounding Projects For Red Wings Arena Put On Hold

    In 2017, the newest addition to downtown Detroit's sports empire, the new Red Wings Arena, will open...

    By mousa  |  Sep 10 2014

    Park Avenue Building In Detroit To Be Demolished

    Residents are still trying to get over the recent demolition of the Charlevoix Hotel, near Grand Cir...

    By Own It Detroit  |  Sep 24 2024

    Investing in Properties Near Detroit's Art and Entertainment Districts

    Detroit’s real estate market is experiencing a renaissance, and nowhere is this more evident than in...