(To read more on the multifamily market, click here.)
(Natalie Keith is a contributing writer to GlobeSt.com.)
TROY, MI-Chicago-based developer Joseph Freed Homes is planning to build two 18-story luxury condominium buildings on Big Beaver Road in the city's Downtown district. The $100-million development, which will house between 155 to 170 units, will be called the Monarch Private Residences.
Joseph Freed Homes director of Michigan sales and marketing Kris Gosselin tells GlobeSt.com that the company has received final approval for the project and is hoping to break ground in the fall. The company will begin selling units during the summer. The number of units sold will determine when construction begins.
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