DETROIT-As reported in GlobeSt.com, developers have helped transform Downtown Detroit by renovating dozens of historic structures into apartment communities. But big changes are underway in this remarkably tight apartment market, as the city's core becomes a more attractive place to live.
“We are now seeing a strong demand for three-bedroom units,” Robert Kraemer of Kraemer Design Group, PLC, tells GlobeSt.com. Not so long ago, “a three-bedroom unit was very rare, and even non-existent in most buildings.”
His Detroit-based firm collaborated on the recent renovation of 1214 Griswold, a former senior living facility, into a 127-unit luxury complex now known as the Albert of Capitol Park, among other projects.
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