Detroit's Lee Plaza building shopped to developers

Detroit's Lee Plaza might have some life left in it yet as the city shops it to potential developers.

Excerpt:

Lee Plaza may just see new life: Its owner, the City Housing Commission, is looking to work with a viable developer to build the financing necessary to revive the property. In the case that the numbers could be made to work, the agency would part with the building for $1.

Built in 1929, the 15-story Art Deco tower is located on West Grand Boulevard and has sat vacant for since the early 1990s. Mildred Robbins of the West Grand Blvd. Collaborative has hopes that a renovated Lee Plaza would be of great benefit to the neighborhood. "If something were to come of this, it could create a revitalized environment," she says. "It can mean jobs, sustainability, more community in terms of businesses, retail and housing."

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Detroit's Lee Plaza building shopped to developers

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