NEW YORK: The hundred and sixty-fifth entry for the seniors housing Global Award for 2015 has been received.
Ann Arbor-based LC Consultants LLC, the Jacobsons — who own Leelanau Wine Cellars Ltd. in northern Michigan are developing a building in Detroit’s Midtown area into 98 units of affordable housing.
“We think there’s a need for it,” Bob Jacobson said. “We think it’s a great part of Detroit to be investing in.”
LC Consultants has a purchase agreement on the building at 59 Seward St. between Second and Woodward avenues for an undisclosed amount.
Jacobson expects the deal to close by August, and the building to open roughly a year later, in fall 2016.