Search
 

Developer Plans 250,000-SF Shopping Center in City

DETROIT-Schafer Development is putting together property to create a $70-million shopping center in the city. So far, 81 home have been acquired along Telegraph Road, north of Seven Mile.

By Dan Heaton | Updated on June 23, 2004

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.

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
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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 © 2024 ALM Global, LLC. All Rights Reserved.