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CTBUH Global News
Jan30

Written by:hostPrint
1/30/2013 11:49 AM 

Automotive millionaire Gregory Jackson purchased the Lafayette Towers in Detroit and has offered plans for the restoration of the Mies van der Rohe-designed project. He wants to update the buildings with amenities intended to specifically attract young professionals.

His plan, which he reports will cost $5 million, calls for improvements to kitchens and bathrooms, fitness classes, bike racks, improved Wi-fi service and shuffleboard courts. He intends to complete the renovations within 18 months, according to Curbed Detroit.

Mr. Jackson purchased the foreclosed towers in December for $5.8 million, Detroit News reports.

"I wanted to be part of the renaissance that's taking shape in Detroit," Mr. Jackson told DN.

Find previous CTBUH coverage of the Lafayette Towers foreclosure here.

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