Building up Bagley; Landlords leaving Detroit; + more development talk (ft. Chase Cantrell)

Daily Detroit

Big show today. Chase Cantrell from Building Community Value is on.

01:21 - First, we talk about his project at Prairie and Six Mile (McNichols), including a new brewery and more.

Chase also penned a very interesting piece in The Dig about what faces embody Detroit development: https://mailchi.mp/outliermedia.org/high-costs-for-small-scale-rehabbers-in-detroit

07:42 Landlords are selling their properties in Detroit in a pretty big way as they leave the city. A recent article says that listings are up 24% in the city of Detroit, where the rest of the region that's not the case. We discuss this trend that Chase has seen for awhile. Background reading: https://www.crainsdetroit.com/real-estate/home-listings-detroit-are-landlords-decide-sell

10:00 Will this shift mean that we need more affordable housing as renters may lose their homes? Key in the city is that more than half of single family homes are rentals.

10:28 Chase thinks Detroit needs a single family housing strategy

12:02 Could this help with the regional housing shortage when it comes to homes to buy?

14:46 The Detroit Land Bank has changed leadership. Also, it would be very difficult to unwind the Land Bank

16:02 Chase highlights some transparency problems

16:47 What might happen next

18:19 Are there reforms that could be made?

21:10 We discuss the new Lee Plaza deal

26:48 Ex Detroit city councilman Andre Spivey has been sentenced to two years in prison for accepting bribes

We have a new thing. We've heard the feedback some would like support us on a one-time or occasional basis, as well as our Patreon membership program. So we started this: https://www.buymeacoffee.com/dailydetroit

Of course, if you have feedback - dailydetroit - at - gmail - dot com or voicemail 313-789-3211. If this is your first time meeting the show, don’t forget to follow us on Apple Podcasts, Spotify, Overcast, or wherever you download podcasts.