HTI FUND II
HTI Fund: II Property Investment Details in a Real Estate Fund
Phase 1A - Grand McGraw
The existing 3951 Grand McGraw building was purchased in 2018 as the cornerstone of the Grand McGraw planned redevelopment initiative. The redevelopment of 3931 McGraw is Phase 1 of the 94/96/W Grand Blvd project area. Our proposal is to acquire the 9 Detroit Land Bank Authority owned adjacent parcels and 1 MSHDA owned parcel comprise of the Phase II and II of the redevelopment initiative. 3931 McGraw is a 27-unit building consisting of Six 1-Bed/1-Bath, Nine 2-Bed/1-Bath and Twelve 3-Bed/1-Bath dwellings with 4 large basements for laundry, storage and common area. The property will be reconfigured into Six 1-Bed, Six 2-Bed, and Fifteen 3-Bed units to better accommodate larger families! in the dead center of one of the most
3-Phase Redevelopment Strategy
Phase 1A
3931 McGraw renovation of an existing 27-Unit Apartment Building. Made for Low Income, Refugee and/or Veteran Residents
Phase 1B
1650 W.Grand, 1646 W. Grand, and 1610 W. Grand Boulevard will be set for new construction for a 40-Unit Multifamily Complex
Phase 1C
5545, 5601, 5607, 5615, 5621, 5625, and 5635 Vinewood will be architecturally designed as brick 3/2 story attached units
Phase 1B
Pre-Development
We are proposing a 38 Unit Multifamily with new construction development. We are going to construct on 2 Detroit land bank authority lots and 1 MSHDA Owned Parcel.
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Our design concept is a stately design at the intersection of Grand Ave and the entrance to the Grand McGraw Circle community.
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We are going to have mixed income housing including units for families at or below 80% of area median income, workforce housing and market rate units.
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Historic architectural design is our vision for the Grand McGraw community. We want to maintain a consistent brick facade motif affronting Grand Ave. We are proposing a podium and surface parking!
Design Concept
Phase 1C
Pre-Development
We are proposing a 38 Unit Multifamily with new construction development. We are going to construct on 2 Detroit land bank authority lots and 1 MSHDA Owned Parcel.
​
Our design concept is a stately design at the intersection of Grand Ave and the entrance to the Grand McGraw Circle community.
​
We are going to have mixed income housing including units for families at or below 80% of area median income, workforce housing and market rate units.
​
Historic architectural design is our vision for the Grand McGraw community. We want to maintain a consistent brick facade motif affronting Grand Ave. We are proposing a podium and surface parking!
