{"id":1004103594,"date":"2014-09-11T05:57:46","date_gmt":"2014-09-11T13:57:46","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=290988"},"modified":"2020-04-21T05:08:08","modified_gmt":"2020-04-21T13:08:08","slug":"detroit-wayne-mental-health-authority-commomwealthmccann-relocate-local-hqs-closer-to-downtown-detroit","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/detroit-wayne-mental-health-authority-commomwealthmccann-relocate-local-hqs-closer-to-downtown-detroit\/","title":{"rendered":"Detroit Wayne Mental Health Authority, Commomwealth\/McCann Relocate Local HQs Closer to Downtown Detroit"},"content":{"rendered":"<p><em>By Veronica Grecu, Associate Editor<\/em><\/p>\n<p>What seemed almost impossible a few years ago is turning into reality: Detroit is no longer a ghost city, as the long list of vacant and desolate real estate properties are coming back to life.<\/p>\n<div id=\"attachment_290989\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/09\/693-707-W.-Milwaukee-Street.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-290989\" title=\"693-707 W. Milwaukee Street\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/09\/693-707-W.-Milwaukee-Street.jpg\" alt=\"693-707 W. Milwaukee Street\" width=\"300\" height=\"195\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">693-707 W. Milwaukee Street<\/p>\n<\/div>\n<p>The five-story building sitting at 693-707 W. Milwaukee Street in the city\u2019s New Center section was recently sold to the Detroit Wayne Mental Health Authority. <em><a title=\"Crain's Detroit Business\" href=\"https:\/\/www.crainsdetroit.com\/article\/20140909\/NEWS\/140909856\/mental-health-authority-buys-new-center-building-120-workers-will\" target=\"_blank\" rel=\"nofollow\">Crain\u2019s Detroit Business<\/a><\/em> reports that the organization paid $2.7 million for the property, which was previously owned by a group of entities based in Florida and New York.<\/p>\n<p>The Detroit Wayne Mental Health Authority is currently headquartered in an outdated building at 640 Temple Street and close to Ilitch Holdings\u2019 upcoming entertainment district, a $650 million mega-development that will create a new Detroit Red Wings arena, apartments, office buildings, restaurants, shops and parks on the blighted area at Woodward and I-75. According to <em>Crain\u2019s<\/em>, the mental health authority spends around $1 million per year for the 50,000 square feet of office space at 640 Temple Street.<\/p>\n<p>The newly acquired Milwaukee Street property, which was the former home of a Michigan Works! Association agency will become the mental health authority\u2019s new home starting spring 2015 when around 120 employees will relocate there. Reportedly, the organization is preparing to invest another $6.5 million to renovate the building under plans designed by local architecture firm<\/p>\n<div id=\"attachment_290990\" class=\"wp-caption alignleft\" style=\"width: 256px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/09\/One-Detroit-Center-500-Woodward-Avenue.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-290990\" title=\"One Detroit Center - 500 Woodward Avenue\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/09\/One-Detroit-Center-500-Woodward-Avenue.jpg\" alt=\"One Detroit Center - 500 Woodward Avenue\" width=\"246\" height=\"300\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">One Detroit Center &#8211; 500 Woodward Avenue<\/p>\n<\/div>\n<p>Hamilton Anderson Associates.<\/p>\n<p>Meanwhile, an ad agency known for its work with Chevrolet announced it will relocate its Detroit operations to One Detroit Center, the Class A office tower located at 500 Woodward Avenue. According to the <em><a title=\"Detroit Free Press\" href=\"https:\/\/www.freep.com\/article\/20140908\/BUSINESS01\/309080185\/commonwealth-mccann-chevrolet-one-detroit-center\" target=\"_blank\" rel=\"nofollow\">Detroit Free Press<\/a><\/em>, Commonwealth\/McCann has leased 50,000 square feet in the skyscraper and will move all of its 250 to 300 employees in the 43-story building sometime in early 2015.<\/p>\n<p>The ad agency currently occupies around 42,000 square feet of space in the Francis Palms Building at 2111 Woodward, the source said.<\/p>\n<p>&nbsp;<\/p>\n<p><a title=\"Job Growth, Increased Apartment Demand Expected to Revitalize Detroit\" href=\"https:\/\/www.multihousingnews.com\/market-data\/market-snapshot-job-growth-increased-apartment-demand-expected-to-revitalize-detroit\/1004097816.html\" target=\"_blank\" rel=\"nofollow\"><strong>Click here<\/strong><\/a> for more market data on <strong>Detroit<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Images via Google Street View and One Detroit Center<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What seemed almost impossible a few years ago is turning into reality: Detroit is no longer a ghost city, as the long list of vacant and desolate real estate properties are coming back to life.<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1495,21742],"tags":[],"class_list":["post-1004103594","post","type-post","status-publish","format-standard","hentry","category-detroit","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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