Daily Detroit News Byte

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

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Sinopsis

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 regio