The former Fisher Body factory in Detroit turned into mixed-income housing

Detroit Fisher’s Body Plant 21, a historic plant and a symbol of pest for the past 25 years, is poised for redevelopment.

Mayor Mike Duggan joined developers and city officials Monday to announce plans to convert the abandoned manufacturing facility into 400 mixed-income housing units.

City officials believe the $134 million project, dubbed Fisher 21 Lofts, is the largest African American-led project in Detroit’s history.

“It’s very exciting to be able to save this historic landmark and run it for the residents of this city for decades to come,” Duggan said Monday, standing with developers Gregory Jackson of Jackson Asset Management and Richard Hosey of Hosey Development.

According to city officials, the building, along the Intersection of States 94 and 75, will be reconstructed to become 433 apartments with a new retail precinct.

Officials said construction could begin as early as 2023. The project is awaiting city council approval for the sale.

The project launches the city’s Community Benefits Act, which requires developers to put together a benefit package for the community. The city’s Department of Planning and Development plans to start meetings with residents next month.

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