ROYAL OAK, MI-The developer of a recent upscale condo project in Downtown Royal Oak says he can do it again, and rid the city of a long-time problem area at the same time. Morningside Group president David Strosberg and development manager Nicolai Schultz say they have a vision to demolish the four-story Select Inn in Downtown Royal Oak and replace it with a development called SkyLofts MarketSquare.

The $30-million development would feature 88 one-, two- and three-bedroom condo units in the $260,000 to $540,000 range. Construction dates have not yet been set.

The Select Inn has been the location of repeated problems over the years, requiring some 107 emergency police visits in 2003 alone. “We have a vision that is shared by many, to help restore the Eleven Mile corridor and build upon the assets of the Farmer’s Market, church, local businesses, other residential developments and neighborhoods that anchor downtown Royal Oak,” Strosberg says.

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.