This Tuesday we announced that we will be partnering with Larson Realty Group to redevelop the former Tiger Stadium in the Corktown neighborhood of Detroit. The news was covered by Crain’s Detroit Business.
This is will be our first project in Detroit—and the first crowdfunded real estate investment in the city!
The Economic Development Corporation awarded Larson Realty Group and Fundrise the right to transform the site into a mixed-use retail and residential project with stores, restaurants, apartments and town homes. The project will be built adjacent to the redeveloped Tiger Stadium field.
“Larson Realty Group is proud to have Fundrise as our partner on the redevelopment of the old Tiger Stadium site in Detroit,” stated Eric Larson, President and CEO, Larson Realty Group. “Our project vision is to transform this storied site into an activated, mixed-use development that builds on the vibrancy and history of Detroit’s Corktown neighborhood, while providing economic opportunities for generations to come.”
Check out a few renderings from the project:
More on the project can be found at www.RevivetheCorner.com.