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Part of Riverfront Towers to be Converted to Condos

DETROIT-Two of the three Riverfront Towers, or about 575 units, will be sold as condos. The buildings were originally built 20 years ago by the Detroit Dowtown Development Authority.

By Dan Heaton | Updated on August 25, 2003

DETROIT-Part of the Riverfront Towers apartment complex near downtown Detroit will be sold as condos. Riverfront Associates LP has said it plans to sell two of the three towers–Tower 200 and Tower 300–as condos.

About 575 units are in the two towers. The actual sale is expected to be about two and a half years away, with a variety of legal and financial issues to be dealt with in that time, Riverfront said. The buildings were constructed in 1982, financed in part by loans from the Detroit Downtown Development Authority.

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