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Midtown Detroit is the Destination of Over: 2 million annual visitors 30,000 employees 35,000 college students 1.5 million patients of the Detroit Medical.

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Presentation on theme: "Midtown Detroit is the Destination of Over: 2 million annual visitors 30,000 employees 35,000 college students 1.5 million patients of the Detroit Medical."— Presentation transcript:

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2 Midtown Detroit is the Destination of Over: 2 million annual visitors 30,000 employees 35,000 college students 1.5 million patients of the Detroit Medical Center 17,000 residents 4,000 volunteers

3 Cultural Institutions Detroit Institute of Arts College for Creative Studies

4 Wayne State University

5 Detroit Medical Center

6 Detroit Public Schools Cass Tech High School Detroit School of Arts

7 Willys Overland Lofts

8 Art Center Town & Carriage Homes

9 East Ferry Residential

10 Springfield Lofts

11 Commercial & Entertainment Activities

12 Midtown Economic Indicators Estimated Increase in Midtown Population: (includes WSU students living in dormitories) 3,000 Number of Housing Units Completed, Under Construction, or Planned: 3,143 Housing Sales Prices:$140 - $400K For Sale Housing Absorption Rates: Completed Projects:98% Projects Under Construction:60% Average Monthly Rental Rates:$575 - $1,200 / month Rental Occupancy Rate:95% New Small Businesses Opened or Planned:37 Total Midtown Investment:$1.6 billion

13 Institutional Residential Commercial Green Space $1.6 billion Total Investment in Midtown:


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