Project Description
The Selden will be a 24,000 Sq. mixed-use development in the heart of Midtown, Detroit. The project consists of a 4-story facility with 12 for-sale condominiums that will have 2 bedrooms, 2 full baths and approximately 1,200 Sq. of upscale living and 4,800 Sq. The commercial portion has 3,800 Sq. of high capacity retail space and 1,000 sq. ft. of office. The Selden is strategic
ally located on the north side of Selden just west of Cass. Not only is Selden Street one of Midtown’s major target areas for upscale growth, Cass is also the main road into Olympia’s new Entertainment District, which houses the New Red Wings Arena and is walking distance from the development. Olympia is investing $1 Billion in the immediate area. Residential Amenities
• 9’9" Ceiling Heights
• Semi Private Elevator Access
• SKY Deck and Entertaining Amenities
• Secure Heated Indoor Garage Parking
• Full In Unit Laundry
• Bike Storage on Each Floor
• Basement Access and Private Storage
• Floor to Ceiling Windows
• First Floor Restaurant Amenity
• Units Pre-Wired for Rocket Fiber
• SKY Deck Dog Run and Dog Wash
Development Highlights
• 40,000 Residential Units in Market Demand Over the Next 5 years
• The New Red Wings Arena and Entertainment District is Walking Distance
• Walking Distance from Shopping and Restaurants Including Selden Standard, Slows
• Walking Distance from the DIA, Wayne State, DMC, Detroit Opera House, Shinola
• Walking Distance to the M-1 Rail
• Midtown has a 98% Residential Occupancy
• Residential Rental Rates are at $2.00 Sq. Ft.
• Over 4.5 billion Dollars Planned and Invested in Midtown Over the Past 10 years
Retail Area Includes:
• Approximately 3,800 Sq. at Street Level
• 4” Concrete Floor
• Floor to Concrete Ceiling 12’ Ft.
• 400 AMP Electrical Service
• Two High Efficiency Furnaces with A/C
• Basement Area of 1,100 Sq. Ft.
• Fire Suppression
• Exterior Main Entry Door and Butt Glazing
• Enclosed Trash Area
• Outside Patio Area Approx. 920 Sq. Ft.
• Mechanical Chase to Roof
Developer Experience
The Ferlito Group - For over 35 years, The Ferlito Group has been developing, constructing and managing projects in Southeast Michigan. Led by Anthony Ferlito and headquartered in Detroit, The Ferlito Group has been investing in Detroit since the 1980’s. From single-family houses on the City’s east side to a multi-million dollar historic renovation of the Kales Building in Downtown Detroit.
