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Bing, Bettis Involved in Detroit Riverfront Redevelopment

The Detroit Free Press reports that athletes-turned-businessmen Jerome Bettis and Dave Bing were chosen Tuesday to build multimillion-dollar residential and retail projects where cement silos stood for decades. The Bing-led project, designed by Detroit-based architect Kraemer Design Group, is expected to include 108 condominium and townhouses, a pool and fitness center, retail and parking, at a total cost of $41 million. The project headed by Bettis and designed by Detroit-based SDG Design Inc., would cost $25 million and create about 64 condominiums, plus retail and restaurant spaces. A related story looks at the general upswing in development in Detroit, including the fact that the city itself leads southeast Michigan in home starts.

Read A rebirth on the city's riverfront in the Freep
Also see A NEW CHAPTER: Backers say Detroit is poised to boom in the Freep
And Read Bing, Bettis partnerships to develop projects on Detroit riverfront in Crain's Detroit Business

Posted/updated Feb 15, 2006
by Andrew McFarlane (Absolute Michigan)