Right in the shadow of Michigan Central Station, 78 new apartments are now open at The Brooke on Bagley, bringing much-needed mixed-income housing to the Hubbard Richard neighborhood in Southwest Detroit. The development includes 16 units reserved for residents earning up to 80% of the area median income, alongside a fitness center, dog park, and community event spaces, directly across the street from Honey Bee Market.
Led by Cliff Brown of Woodborn Partners. “We are excited to expand on our investment in the city and honored to join the amazing neighborhood that is Hubbard Richard,” Brown has said, crediting the full roster of partners who helped bring the project to life. The Brooke on Bagley is the first project to draw on the Ebiara Fund, which is marking two years of supporting Black and brown-owned development firms across the city.
Invest Detroit supported the$21million development through the Detroit Investment Fund and Strategic Neighborhood Fund, alongside Capital Impact Partners, the Michigan Strategic Fund, State of Michigan, the Detroit Economic Growth Corporation, City of Detroit, the Impact Developer’s Fund through TruFund, the Ford Foundation, and Morgan Stanley. Gensler Detroit led the design, drawing on the colorful, textural character of Southwest Detroit throughout the building.
Located near the Southwest Greenway and steps from Michigan Central Station, The Brooke on Bagley connects residents to some of Detroit’s best urban living, right at the intersection of Corktown and Southwest Detroit.
Project Name: The Brooke on Bagley
Borrower Name: Woodborn Partners
Project Location: Detroit, MI (Hubbard Richard / Southwest Detroit) — 2420 Bagley St
Project Type: Mixed Income Multifamily Development
Project Partners: Ebiara Fund, Capital Impact Partners, Michigan Strategic Fund, Detroit Economic Growth Corporation, Impact Developer’s Fund (TruFund), Ford Foundation
Units: 78 (38 one-bedroom, 3 two-bedroom, 37 studio; 16 reserved at 80% AMI)
Size: 49,668 square feet
Jobs: 10
Technical Assistance: 170.5 hours
Capital: Commercial Real Estate, Strategic Neighborhood Fund
www.thebrookedetroit.com