2/26/2006

Michigan Avenue - again

In November I posted - here, here and here - about development along Michigan Avenue on the City's near East Side. Michigan Avenue is just behind the emerging Midtown section of Main Street that features Artspace and a few recent posts about development in the Artspace Impact area, 1, 2, 3 and 4.

Well last week I snapped these pics that show some of the new residential development along Michingan Avenue at Dodge Street. Here's the Google map of the area. Compare the pics in the first Michigan Avenue link above to these...
DSCN2697

DSCN2698 DSCN2699 DSCN2700 DSCN2695 DSCN2696
click to enlarge
There is a heavier concentration of these new builds in this neighborhood. Craig, the project supervisor for Rocco Termini told me 26 homes are just about completed. And the design is much more "urban" than attempts that first dotted the neighborhood 10 years ago. Many of those houses that originally sold for 80-90K are now selling for 25-30K after a few cycles of ownership and a foreclosure or two. Maybe the density of these new builds well act as catalyst to maintain and like omg...improve property values here a short ways from Main Street.
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