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Perennial Corktown Celebrates Grand Opening

10% of project rental units marked as affordable for at or below 60% AMI

EL CENTRAL by EL CENTRAL
January 18, 2024
in Local News
Reading Time: 5 mins read
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Detroit Mayor Mike Duggan and project developers Hunter Pasteur, the Forbes Company, and Oxford Capital Group, officially cut the ribbon on Perennial Corktown, the latest luxury apartment community in Detroit’s historic Corktown neighborhood.

Perennial Corktown adds 188 apartment units and 7 new townhomes in one of Detroit’s most popular neighborhoods. Perennial Corktown is the latest phase in a larger development that also includes the recently opened Godfrey Hotel, and the ongoing renovation of the Red

The Perennial Corktown features a state of the art fitness center for residents

Arrow Soda factory building.

 

Perennial Corktown offers premium amenities, including a 10,000 SF pool deck and outdoor lounges with fire pits as well as clubrooms, coworking space, dog wash, bike storage, coffee bar, valet parking, EV charging, private dining, and a chef’s kitchen. The building also offers Concierge/Doorman service, a state-of-the-art fitness center, and will offer special community programming and events throughout the calendar year.

Importantly, Perennial Corktown has set aside 10% of the units as deeply affordable, for those with an income at 60% of the area median income (AMI). The affordability level was something that members of the Neighborhood Advisory Committee established for this development specifically asked for.

“Creating affordable housing is a huge priority here in Detroit,” Mayor Duggan said. “Detroiters should be able to live in any neighborhood they choose, and not feel like they’re living in low-income housing. This beautiful building will not only be a place to call home for its residents, but it also brings vibrancy and more businesses to a growing neighborhood.”

Detroit City Council President Mary Sheffield reiterated the importance of affordability across the city. “Affordable housing is consistently one of the most critical issues to our residents. We applaud the developers for working so closely with area residents to listen to their wishes, address their concerns, and provide some truly affordable units in this exciting new development.” 

Games Room in a common area at the Perennial Corktown

In addition to plentiful amenities, Perennial Corktown is also creating important retail options for residents and the neighborhood alike. Corktown Market, a bodega style grocery store will provide needed affordable groceries, prepared foods and many other everyday items for Corktown residents. In addition, Haraz Coffee brings another location to Detroit, featuring Yemeni coffee roasts and authentic Yemeni-style drinks and a large consumer area for guests to socialize with friends or co-work with colleagues. More retail announcements are expected soon.

Lastly, the final phase of the larger development is now underway with the renovation of the former Red Arrow soda company building on Church Street, directly across from the new Perennial Corktown townhomes. The building’s preservation was another key request from the neighborhood advisory committee. Renovations of the building began in November of last year, and when complete, will add 28 more residential units to the project.

“We are grateful for the support of the community, our partners, and the city” said Randy Werthheimer, CEO of Hunter Pasteur. “We are proud of the project so far, and truly feel that the neighborhood input we received has led to a stronger final product. “We want Perennial Corktown to be the viewed as the gold standard of how developers and community can work together.”

Perennial Corktown is now open for leasing. For more information, visit https://perennialcorktown.com/ and follow us on Instagram and LinkedIn: @perennialcorktown and Facebook: @PerennialCorktownDetroit.

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Left-Right) Akindele Akinyemi, Global African Business Association; Mario Tapia-Preza of TechTown; Dr. Theodore Jones of Global Detroit; Mayte Penman of TechTown; Rachapa Lau of Asian Pacific American Chamber of Commerce; Anita Zavala of Detroit Hispanic Development Corporation; and Bilal Hammoud of American Arab Chamber of Commerce

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