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Develop Detroit logo

Develop Detroit

Detroit, MI 11–50 employees 8 principals

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Last updated 1w ago

About Develop Detroit

Develop Detroit is a real estate operator headquartered in Detroit, MI. Develop Detroit operates in Detroit, Michigan. Its investment focus is on Affordable Housing, Historic Tax Credits and LIHTC.

Develop Detroit is a full-service nonprofit real estate development organization established in 2015. The mission-driven firm focuses on the creation and preservation of high-quality affordable and mixed-income housing to help transform neighborhoods across Detroit, operating with a team possessing over 100 collective years of experience in real estate, finance, capital markets, and investment analysis. The organization's suite of services encompasses site selection, land assembly and acquisitions, entitlements, project design, financial feasibility, project financing, construction management, and asset management. Its integrated approach also targets strategic economic and commercial developments designed to stabilize disinvested urban corridors. To date, Develop Detroit has acquired and built over 400 units of affordable housing and currently maintains a pipeline of more than 800 additional housing units under development. Its diverse product offerings feature multifamily rental housing, single-family for-sale homes, mixed-use developments, commercial and retail properties, community and cultural centers, and service-enriched housing tailored for vulnerable populations including seniors, veterans, and the homeless.

Principals at Develop Detroit

Principal details are a Pro feature

8 principals on file

Names, titles, verified emails, phone numbers, and LinkedIn for every decision-maker at this firm — unlocked with a Pro membership.

Recent activity at Develop Detroit

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Develop Detroit's project portfolio

2 projects on file · Multifamily (1), Mixed-Use (1)

Sign up to see Develop Detroit's 2 projects on a map

Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Develop Detroit operates in

  • Detroit, Michigan

Investment themes at Develop Detroit

  • Affordable Housing
  • Historic Tax Credits
  • LIHTC
  • Multifamily - Core
  • Multifamily - Ground-up
  • Placemaking
  • Senior Housing
  • Single-Family Homes
  • Standalone Retail

Capabilities

  • Construction Management
  • Economic Development
  • Mixed Use
  • Public-private partnerships
  • Sustainability
  • Urban infill

Operators similar to Develop Detroit

  • Strada Investment Group
    Mid-market tierPlacemakingAffordable Housing+4 more themes
  • ComCap Partners
    Mid-market tierSenior HousingAffordable Housing+4 more themes
  • Forward Development Group
    Mid-market tierSenior HousingPlacemaking+4 more themes
  • St. Charles Town Company
    Mid-market tierHistoric Tax CreditsAffordable Housing+4 more themes
  • Ginosko Development Company
    Mid-market tierDetroit, MichiganSenior HousingHistoric Tax Credits+3 more themes
  • Cypress Equity Investments
    Mid-market tierSenior HousingAffordable Housing+3 more themes
  • Three Leaf Partners
    Mid-market tierSenior HousingAffordable Housing+3 more themes
  • Real Estate Equities
    Mid-market tierSenior HousingAffordable Housing+3 more themes
  • Excel Development Group
    Mid-market tierSenior HousingAffordable Housing+3 more themes
  • Connelly Builders and Development
    Mid-market tierSenior HousingHistoric Tax Credits+3 more themes

Frequently asked questions about Develop Detroit

What does Develop Detroit do?
Develop Detroit is a full-service nonprofit real estate development organization established in 2015.
Where is Develop Detroit based?
Develop Detroit is headquartered in Detroit, MI.
What markets does Develop Detroit operate in?
Develop Detroit is active in Detroit, Michigan.
How many employees does Develop Detroit have?
Develop Detroit has 11–50 employees.
Develop Detroit cover image

Develop Detroit at a glance

Tier
Mid-market
Operator type
Developer, Owner
Headcount
11–50
Units owned
<1,000
Units managed
<1,000
Property mgmt
Third-Party Managed
Markets
1
Principals
8

Contact Develop Detroit

1452 Randolph, Suite 300, Detroit, MI 48226, USA
www.developdetroit.org