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Islandview Village: Grow with Us!

Discover Islandview, the gateway to Belle Isle State Park. With an emerging residential and retail market, public investments, and a healthy community initiative, there are endless opportunities for growth. Join us and be part of the momentum!

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Islandview Village: Grow with Us!

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  1. GenesisHOPE Community Development Corporation GROW WITH US!

  2. ISLANDVIEW The Gateway to Belle Isle State Park

  3. The Island in Your… Backyard Gateway to Belle Isle State Park Only 2 Miles to Public Waterfront Emerging Residential and Retail Market Near West Village ISLANDVIEW VALUE PROPOSITION

  4. WHY ISLANDVIEW? PEOPLE | PLACE | MOMENTUM

  5. OPPORTUNITY|Diversify race-ethnicity, ageand income. GENDER AGE INCOME RACE LET’S TALK ABOUT PEOPLE A total of 7,134 people reside in Islandview. The median age is 42, however, a significantly high percentage (20%) are seniors >65. SOURCE: 2010 U.S. Census

  6. Islandview is primarily a residential “family” oriented community. A total of 6,241 people reside in households, and the remaining population lives in group quarters (13%). There is a total of 4,146 housing units and a very large percentage (70%) are occupied by renters. OPPORTUNITY |Increase number of renters/home owners NOW THE PLACE

  7. PUBLIC-PRIVATE INVESTMENTS ISLANDVIEW MOMENTUM |Neighborhood revitalization has begun! MOMENTUM | HOUSING RECREATION GREEN SPACE INFRASTRUCTURE Single Family Stabilization Zone. Rehab Publically Owned Homes. Implement Interim Landscape Improvements for Vacant Lots Butzel Recreation Center Entrance, Playgrounds & Recreation Field Improvements. Beltline Greenway (similar to Dequindre Cut) to Connect Neighborhood to River Infrastructure resurfacing, stripping, bike lane improvements alongJefferson Avenue. SOURCE: PPD Aug. 2017 Public Meeting

  8. PUBLIC-PRIVATE INVESTMENTS The Commons MACC Garage D&D Resale Shop City Plans Commercial rehab provides needed amenities on Mack Avenue: laundry mat, coffee shop and public green space. Commercial rehab provides service amenity on Mack Avenue: auto repair facility. Added purpose storage facility provides retail amenity on Mack Avenue: furniture resale shop. Infrastructure resurfacing, stripping and repairs improves drivability along Mack Avenue. OPPORTUNITY |Increase commercial space (amenities)

  9. ISLANDVIEW VILLAGE GENESISHOPE HEALTHY COMMUNITY INITIATIVE HOUSING | FINANCES | LIFESTYLE

  10. Improve Urban Life Determinants of health are lifestyle-based properties affected by broader social, economic and political forces that influence quality of personal health. GenesisHOPE’s “Healthy Community” initiative is an inclusionary growth strategy to create social and physical environments in a neighborhood to promote good health for all. Our objective is to enable low and moderate income residents to actively participate in the revitalization of the community and address social determinants that impact health outcomes. Islandview Village HEALTHY COMMUNITY INITIATIVE

  11. Promoting Healthy Living GenesisHOPEempowers youth to become independent and work together as agents of change. Youth are provided an opportunity to organize community events, connect people to healthy food, and create marketplaces for businesses to thrive. The open-air marketplaces operated by the youth are community gathering spaces that increase social capital. But more importantly, we work to foster happy and healthy lives for people in the community. The IslandviewMaketplaces connect consumers with a variety of local businesses in community gathering spaces that promote healthy lifestyles and fill a need for retail offerings, while empowering youth to work towards a sustainable future. Healthy lifestyle programming increases awareness of choices that impacts the participants’ health. The 2017 Detroit Food Metric Report illustrates the various determinants that impact health outcomes quite well. But, the report states that “the food we eat impacts our day-to-day health and well- Providing Affordable Living Islandview Village is an emerging residential and retail market with a total population of over 6,000 people. Several new “high end” multimillion dollar mixed use projects and infrastructure improvements are underway. The public and private investments diversify race, age and income levels, but are not inclusive (or provide opportunities) for the current low income population. GenesisHOPE is developing a mixed income 30 unit project with half of the units at low-moderate and affordable rates to ensure equitable developments occur in Islandview. Empowering Financial Health Internships and entrepreneur opportunities coupled with workforce readiness and other on-the job training opportunities provided by GenesisHOPEimproves participants’ basic business skills and competencies such as social skills, conflict resolution, team work, decision-making, and communication skills. Fundamental financial planning and management training on budgeting and income requirements and managing credit empowers participants to take charge of their financial health. “Right Size Living” is key to managing one’s financial health. GenesisHOPE’shomeowernshipand tax foreclosure prevention workshops enable participants to make sound decisions on solutions that best fit their needs, and credit repair sessions assist participants with achieving their financial goals. Senior home repairs and property maintenance assistance ensures seniors continue to enjoy a quality life as they age in-place. Islandview Village HEALTHY COMMUNITY INITIATIVE • being. Food provides our minds and bodies with the fuel to think. • A healthy community begins with food!

  12. PROMOTING HEALTHY LIVING Improve Urban Life Islandview Farmers Market The mission of the Islandview Farmers Market is to provide a variety of “good food” and artisans to consumers in an environment that fosters social and community connections, and supports entrepreneurial opportunities.

  13. The open-air marketplace is a community gathering space where youth are empowered to act as independent agents of change in Detroit.

  14. EMPOWERING FINANCIAL HEALTH • Improve Urban Life • Our programs empower people to take charge of their financial health • Workforce Readiness • On-the Job Training • Internships • Entrepreneurship • Financial Literacy • Income • Budgeting • Credit • Right Size Living • Renting • Homeownership • Tax Foreclosure Prevention • Senior Home Repairs • Senior Property Maintenance

  15. GenesisHOPE Community Development Corporation HOUSING

  16. Housing Development THE SITE ISLANDVIEW 7200 Mack Avenue, Detroit, MI 48214[single parcel #15000266 bound by Mack, E. Grand Blvd., Preston and Field Streets] The Coe St. Charles Mack Ave. E. Grand Blvd.

  17. PROJECT SITE • Site Area: 3.11 acres | Zoning: R1 • Land • A new mixed income multi-family project that provides 30 units of 1-3 bedrooms along Field Street with 5,000 sq. ft. of commercial space on Mack Ave. to provide residents with fresh and prepared food options, and other amenities. The site includes open green space improvements (133 ft) alongthe East Grand Blvd. Historic District. • Building • The building is a church that has provided operating space for GenesisHOPEfor nine years. The remaining site is a garden, orchard, rain garden and a seasonal farmers market operated and maintained by youth. The building will continue as the office of GenesisHOPEand community center . Future plans include adding co-working/ incubator space to support local entrepreneurs. • SITE IMPROVEMENTS • Sidewalks and Streetscape • Green Parking Lot and Site Lighting • Open Green Space • ACQUISITION COST | OFFER PRICE • LAND: $150K with $15K non-refundable option fee • BUILDING: $250K land contract A Feasible Concept PROJECT

  18. GRAND | MACK Live. Shop. Play. GenesisHOPECommunity Development Corporation

  19. CONCEPT PROFORMA Live. Shop. Play.

  20. Project Cost$4 million Mixed-Use • 12 Residential Units • Studio $ 936 500 sq. ft • 1 bd 1 ba $1069 615 sq. ft. • 1 bd 1 ba $1479 870 sq. ft. • 1 bd 1 ba $1069 796 sq. ft • 2 bd 2.5 ba $2100 1760 sq. ft. • 1,200 square feet of retail space MARKET ANALYSIS COMPARABLES

  21. The St. Charles Residenceof Islandview Project Cost$10 million Condominiums 1 bd 1 ba $253,900 900 sq. ft 3 bd 2.5 ba $487,400 1,700 sq. ft MARKET ANALYSIS COMPARABLES

  22. Affordable Rate 1 bd $ 800 800sq ft 2 bd $ 600 900sq ft 2 bd $ 720 1000sq ft 2 bd $ 960 1100sq ft Market Rate 1 bd $1,000 900sq ft 2 bd $1,200 1200sq ft Commercial $12.00 per sq. ft. up to 5,000 sq. ft.

  23. GenesisHOPE Community Development Corporation GROW WITH US! 7200 Mack Avenue Detroit, MI 48214 313.571.0937 www. GenesisHOPE.org

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