  Tetsua Member Username: Tetsua Post Number: 597 Registered: 01-2004 Posted From: 65.91.73.194 |
Check it out for yourself http://www.brodericktower.com/ gallery.html | ||
Viziondetroit Member Username: Viziondetroit Post Number: 473 Registered: 11-2003 Posted From: 68.42.176.190 |
Lookin good... | ||
Naturalsister Member Username: Naturalsister Post Number: 617 Registered: 11-2004 Posted From: 68.30.156.49 |
I want one. later - naturalsister | ||
Bob Member Username: Bob Post Number: 962 Registered: 11-2003 Posted From: 205.188.116.137 |
The best thing is Higgin's no longer owns it. | ||
E_hemingway Member Username: E_hemingway Post Number: 647 Registered: 11-2004 Posted From: 68.42.176.123 |
That web site looks nice. It's a step, although small, forward for the tower. I liked the illustrations and floor plans for it. Kraemerdesigngroup: What type of work can we expect to see being done on the tower this summer? | ||
Dan Member Username: Dan Post Number: 1213 Registered: 10-2003 Posted From: 70.225.216.40 |
Bob, I do not think that has been said. The web site merely said that ownership has transferred to Motown Construction. Who owns Motown Construction? Anyone? My bet is Higgins has a large stake in it. | ||
Haydenth Member Username: Haydenth Post Number: 35 Registered: 05-2005 Posted From: 65.31.78.103 |
I can't wait to see those stupid whales removed. | ||
Bvos Member Username: Bvos Post Number: 1432 Registered: 10-2003 Posted From: 66.238.170.31 |
No real surprise, but Dan is right. Motown Construction, owned by the man with the plan. http://www.dleg.state.mi.us/bc s_corp/dt_corp.asp?id_nbr=1691 6A&name_entity=MOTOWN%20CONSTR UCTION,%20INC. | ||
Llyn Member Username: Llyn Post Number: 1528 Registered: 06-2004 Posted From: 68.61.197.206 |
Maybe I'm misunderstanding, but it doesn't say he owns it, it refers to him as the "resident agent". I don't know what that means - does anyone know for a fact? It's got to be a partnership of some kind, or why would you transfer the property? Wouldn't you think? | ||
Rjlj Member Username: Rjlj Post Number: 43 Registered: 11-2003 Posted From: 63.171.81.135 |
FACT: Motown Construction is a group of investors in which Higgins is the majority owner. | ||
Gumby Member Username: Gumby Post Number: 1157 Registered: 11-2003 Posted From: 68.60.143.186 |
Liability reasons. If it goes bankrupt the fact that it is under the ownership of a corporation means the creditors can't go after his personal assets only the companies. It could very well be just a protection of his money. | ||
Dnvn522 Member Username: Dnvn522 Post Number: 119 Registered: 11-2004 Posted From: 204.24.64.25 |
He's more than just the majority owner. This is from one of the papers in the link Bvos posted:  LMAO! He does everything! | ||
Viziondetroit Member Username: Viziondetroit Post Number: 474 Registered: 11-2003 Posted From: 68.42.176.190 |
Jack of all trades lol | ||
Slows Member Username: Slows Post Number: 131 Registered: 01-2005 Posted From: 69.215.16.157 |
Gumby, the funding source will most likely require a personal guarantee which will allow the funding source to go after personal assets in the event of a default. The LLC helps with accounting and can help with liability that occurs with the different trades. | ||
Slows Member Username: Slows Post Number: 132 Registered: 01-2005 Posted From: 69.215.16.157 |
It's also set up because he does have other partners in the deal and an LLC is the easiest and cleanest way to organize that. | ||
Rjlj Member Username: Rjlj Post Number: 44 Registered: 11-2003 Posted From: 63.171.81.135 |
Motown Construction is not an LLC, it is a Corporation. | ||
Slows Member Username: Slows Post Number: 133 Registered: 01-2005 Posted From: 69.215.16.157 |
Pardon my mistake, although it doesn't change the basics of what I said. I find it strange that he would put ownership in a Corp., as I can't think of a benefit of doing that off the top of my head but I'm sure he has his reasons. | ||
Kraemerdesigngroup Member Username: Kraemerdesigngroup Post Number: 38 Registered: 10-2005 Posted From: 63.242.134.66 |
All - an update. Kraemer Design Group, PLC is complete with the construction documents. The project is going out to BID and submitted for permits on monday. The project has recieved approval from the Depratment of the Interior (historic tax credits) and the Brownfield is mid-way thru approval. Like all other 20 million plus projects, financing is very complex, but very much on track. The project looks to close on financing mid-september. The bulk of construction would start then. It is possible to have construction begin on the old Church's in advance - financing has been secured and there is a tenent negotiating a deal. Some of you may have seen people inspecting the facade on swing stages. All is GOOD. Unlike the urban myth that the facade was falling off - I can report it is in fantastic shape. Windows are bad, but the stone is fine. We are just completing the tunnel design - tough with a people mover column next to our building between us the Grand Circus Garage. | ||
Kraemerdesigngroup Member Username: Kraemerdesigngroup Post Number: 39 Registered: 10-2005 Posted From: 63.242.134.66 |
All - related to the question of Ownership - Motor City Construciton, Inc. was created to be a new entity formed by a number of investors. It was the mechanism to transfer ownership of the Broderick Tower and the Church's build (which had different owners originally). Mike Higgins is the registered agent, but he is not the President and not the majority equity investor. | ||
E_hemingway Member Username: E_hemingway Post Number: 652 Registered: 11-2004 Posted From: 68.42.176.123 |
Thank you Kraemerdesigngroup. That makes me feel much better about the project. I would just like to clarify, the old church's building is the one-story building with the big half circle overhangs adjacent to the tower? BTW, what's going on with the Detroit Life Building? | ||
Slows Member Username: Slows Post Number: 134 Registered: 01-2005 Posted From: 69.215.16.157 |
Thanks for the update KDG. Do you know why they chose a Corp. over an LLC? | ||
Eric Member Username: Eric Post Number: 458 Registered: 11-2004 Posted From: 35.11.210.161 |
KDG nice to hear officially it's in good shape I kinda figured that when the website went live that the inspection must've went well. What will be the number of units per floor? As for the corporation vs LLC issue I believe you can take on more investors. | ||
Dougw Member Username: Dougw Post Number: 1132 Registered: 11-2003 Posted From: 136.1.1.154 |
Not a bad site. They should include a few pictures of the view from the upper floors... I'm sure the views into Comerica Park and across downtown are pretty spectacular. | ||
Gthomas Member Username: Gthomas Post Number: 60 Registered: 09-2004 Posted From: 192.135.141.99 |
Are they accepting application now and whats the price range? | ||
Apbest Member Username: Apbest Post Number: 41 Registered: 03-2006 Posted From: 216.11.6.41 |
KDG...I saw on your website plans for the Woodward bock, which btw looked amazing. Is that a design that was prepared for redico and actually potentially to be built, or just an idea earlier in the planning stages? | ||
Rrl Member Username: Rrl Post Number: 482 Registered: 12-2003 Posted From: 71.213.228.212 |
That lower left historic lobby photo is awesome; any chance the lobby renovations will resemble or restore to that level? This work will serve as the next huge step for GCP, now if only Rock would take the Statler... | ||
Rrl Member Username: Rrl Post Number: 483 Registered: 12-2003 Posted From: 71.213.228.212 |
Oh, and in addition, how F-N cool would it be to cover those dumb whales w/ a HUGE Big Ben dunk. I'd want to sit on the third baseline of the Copa nightly just to admire it. Please, Nike, Reebok, somebody DO IT. | ||
Spitty Member Username: Spitty Post Number: 469 Registered: 07-2004 Posted From: 136.1.1.33 |
I can't get into the site, but regarding the views, I found this site that has some good pics. All I can say is NICE. http://survivalcrackas.com/ima ges/broderick/index.htm | ||
Naturalsister Member Username: Naturalsister Post Number: 618 Registered: 11-2004 Posted From: 68.255.238.220 |
Rrl, A highlight of the website for me too. later - naturalister | ||
Rrl Member Username: Rrl Post Number: 484 Registered: 12-2003 Posted From: 71.213.228.212 |
Thanks for the link Spitty. Don't know the date on this picture I nabbed from the site, but the lobby seems like it's pretty much intact! Killer barrel ceiling and nice marble walls!  | ||
Rrl Member Username: Rrl Post Number: 485 Registered: 12-2003 Posted From: 71.213.228.212 |
Dammit, oversized again... Let me go to work on this thing... | ||
Kraemerdesigngroup Member Username: Kraemerdesigngroup Post Number: 40 Registered: 10-2005 Posted From: 63.242.134.66 |
The historic lobby is in take for the most part and will be fully restored. A new lobby of contemporary design will be included off of Woodward. The number of units per floor varies - there are 127 units from the 4th floor thru the 34th floor. Units range from a few studios, mostly one and two bedrooms units, and there a some three bedroom units. | ||
Lowell Board Administrator Username: Lowell Post Number: 2584 Registered: 10-2003 Posted From: 68.156.43.202 |
I want the penthouse. But seriously a Shoppe?? Not just a Ye Olde Shoppe?  The return of this and the Whitney are so essential to the revival of GCP. Wishing it the best of luck. | ||
Gistok Member Username: Gistok Post Number: 2088 Registered: 08-2004 Posted From: 4.229.105.106 |
KDG, a few months back you doubted that the Broderick Towers original fancy top embellishments (which looked something like Chippendale headboards, and were removed decades ago) would be recreated. Is that still the case? | ||
Mind_field Member Username: Mind_field Post Number: 557 Registered: 10-2003 Posted From: 209.240.205.61 |
I hope there is dramatic exterior lighting. | ||
Kraemerdesigngroup Member Username: Kraemerdesigngroup Post Number: 41 Registered: 10-2005 Posted From: 63.242.134.66 |
Gistok - you are correct - the fanciful top along the upper roof line are not being replaced. The upper floor of terracotta will be fully restored (mostly cleaned and repaired) Mind_field - yes, the up lights will be replaced and re-introduced to the project. Plus there new lights for the lower portion as well. Should look great. | ||
Tetsua Member Username: Tetsua Post Number: 598 Registered: 01-2004 Posted From: 65.91.73.194 |
I really can't wait to see this get started. | ||
Lmichigan Member Username: Lmichigan Post Number: 3690 Registered: 10-2003 Posted From: 67.185.208.252 |
Good to hear from you, KDG. We'd kind of fallen out of email contact. | ||
Detroitstar Member Username: Detroitstar Post Number: 31 Registered: 01-2006 Posted From: 65.42.16.138 |
This project is going to distract me everyday. To see a dinasaur building come full circle with restoration is absolutely awesome to see!! | ||
Eric_c Member Username: Eric_c Post Number: 732 Registered: 11-2003 Posted From: 68.76.202.10 |
Now it's time for a Grand Circus Cam from atop the Fyfe or Kales or Michigan Mutual so we can watch the progress! grandcircuspark.com anyone? | ||
Rrl Member Username: Rrl Post Number: 487 Registered: 12-2003 Posted From: 71.213.228.212 |
Maybe a new mantra is in order... Instead of "Tear that Schitt down!", we should cheer "Build that Schitt up!" But alas, there IS of course, Skipper's rule.. | ||
Iddude313 Member Username: Iddude313 Post Number: 25 Registered: 07-2005 Posted From: 70.236.186.65 |
I think it should revert back to the name Eaton Tower. it sounds better to me. | ||
Hysteria Member Username: Hysteria Post Number: 209 Registered: 02-2006 Posted From: 152.163.100.8 |
This sounds very positive. I am anxious to see the whales go, too. The website's photo of the lobby is impressive:  | ||
Border5150 Member Username: Border5150 Post Number: 150 Registered: 03-2004 Posted From: 68.58.211.179 |
Quote: Jack of all trades lol ...and a master of none. Higgins has broken MANY promises to the COD over the years. I'll believe this when I see it. However I did like the pics on the website. Does anyone else think that, given its proximity to and visibility from Comerica Park, the building should have a mural featuring...one of the Tigers? With the Ren Cen, the "GM Fountain" and Ford Field, I'm amazed Daimler-Chrysler hasn't been hell-bent on buying some ad space along the skyline somewhere... | ||
Naturalsister Member Username: Naturalsister Post Number: 620 Registered: 11-2004 Posted From: 68.30.58.175 |
No, Ben Wallace. I've decided - It Will Be Big Ben! later - naturalsister | ||
Kevdog Member Username: Kevdog Post Number: 150 Registered: 10-2003 Posted From: 69.215.242.66 |
KDG--sounds like the parking will be in the Grand Circus Park garage, connected via tunnel. I remember Skulker saying that that garage was funded by bonds for public use, not to be leased out to developments. I'm all for the development...just curious how they got around that requirement. Any idea? | ||
Swingline Member Username: Swingline Post Number: 487 Registered: 11-2003 Posted From: 4.229.60.147 |
Kales Building already has a deal with GCP garage. | ||
Brandonhgt Member Username: Brandonhgt Post Number: 3 Registered: 05-2006 Posted From: 69.29.8.42 |
Isn't there a twin parking structure under the Eastern half of GCP? Kales residents only park in the lower half of the west side garage. Perhaps the top half of the west side garage or the east side garage will be used (because the kales garage is nearly full). |
