Detroit mega-developer Zaid Elia is downtown’s new deal guy Until recently, it seemed like any major downtown Detroit real estate transaction included the names Gilbert or Ilitch. But another name has been appearing lately with increasing frequency: Elia. It began in […]
511 Woodward
Here’s what 511 Woodward could look like Last week, it was announced the the Elia Group is purchasing 511 Woodward—the “footstool” of the Guardian Building—from Wayne County for $4.65 million. This unusual building hasn’t been used in a long time, and plans […]
As Anchor Bar changes owners, Derderian thinks of kids Detroit — Vaughn Derderian will hand over the keys to the Anchor Bar on Tuesday morning, and all he wants now is the peace and tranquility of his 25 woodsy acres near Gladwin — […]
Plans in the works for this prime downtown Detroit building Oh what a difference three years makes. Amid a strengthening downtown real estate market, Wayne County reached a tentative agreement to sell a downtown Detroit office building near Campus Martius […]
Wayne County strikes deal to sell Guardian Building neighbor Wayne County is close to selling the squat building hugging the eastern wall of the iconic Guardian Building in downtown Detroit. The vacant, 30,000-square-foot building on Woodward Avenue between Campus Martius […]
County: Vacant downtown Detroit building may get new owners A vacant building on Woodward Avenue may have new owners as part of a $4.65 million deal between Wayne County and the Elia Group, county officials announced Sunday. The tentative sale […]