https://outliermedia.org/detroit-home-values-appraisal-assessment/

  • Ground recently broke on Left Field, a new affordable housing development in Corktown near the old Tiger Stadium. Of the project’s 120 apartments, 40% will be set aside for residents who make no more than 60% of the area median income ($53,700 for a four-person household). Construction was delayed by a year due to rising costs and the location of a scoreboard. The $42 million development is part of a larger plan for the neighborhood to build 800 housing units designated as a Choice Neighborhood by HUD, which awarded the city $30 million. (Crain’s Detroit BusinessWXYZ)
 

ONE GOOD GRAPH

An unprecedented year of construction
Construction permits issued in Detroit this year through June 2022. Via housingdata.app

A graph — shared on Twitter by Dion Thompson-Davoli, a friend of The Dig — showed an eye-popping statistic about construction in Detroit. Housingdata.app collects information from the Buildings Permits Survey taken by local governments, which provides data on the number of permits issued annually for privately owned housing units. 

In Detroit, the number of permits issued through June this year has already exceeded any other year in the past four decades. The 1,190 permits for new units is the most in a year since 1981 when 1,171 units were permitted. The vast majority, about 98%, are for buildings with five or more units — just 12 permits have been issued for construction of single-family homes. These don’t include the large number of single-family renovations that have been undertaken.

The creator of the site did issue a couple of caveats in the site's FAQ. The Census Survey of Construction estimates that 30% of all permits don't result in completed buildings. He also said he’s not sure how reliable the data is but noted it’s likely more accurate for larger cities. 

Even if it’s not perfect, the data paints a picture of accelerated development in Detroit, despite obstacles like higher construction costs that might have slowed it down.