Midwest City Scoop: Construction Starts in Detroit
Overall construction starts expected to tumble more than 20% this year
Big declines in non-residential and non-building work will more than offset a small rise in residential work.
City Grill
Michael Poris
Founding Partner
McIntosh Poris Associates
“A number of projects are challenged by the rise in construction costs, and the Detroit market is not as high of a rent or sale market as a number of other larger cities,” Poris says. “Things are getting built in downtown. Many older buildings have been renovated or are in the process, so the market is moving to new construction. The older buildings, with renovations, you have funding, historic tax credits and things that help fill the gap. Brownfield tax credits, preservation tax credits, all of this that helps fill the market.”
Firm in Focus
McIntosh Poris Associates
155 W. Congress, Detroit
Employees: 50
Founded: 1994
Hub: The Ford Corktown campus was an adaptive reuse McIntosh Poris designed that was purchased by Ford during construction. The design changed to a research hub for Ford.
