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Midtown project for food, apartment space seeks tax break

November 26, 2025

Detroit Rising Development and Facilities Management Group are partnering to transform a long-vacant Midtown building into a mixed-use development called The Five and Dime. The $2 million redevelopment project will convert the property at 3700 3rd Avenue into a food and beverage marketplace designed to support emerging small businesses, with residential units added above the commercial space. The developers, who previously created Detroit Shipping Company, plan to create ten apartments on the upper level while establishing a collaborative environment for startup food vendors below.

Who is affected

  • Detroit Rising Development and Facilities Management Group (project developers)
  • Jonathan Hartzell (co-owner of Detroit Rising Development)
  • Small startup food and beverage vendors (intended tenants)
  • Future apartment residents (10 units)
  • Midtown Detroit community members

What action is being taken

  • Seeking a 12-year tax exemption
  • Redeveloping the vacant building at 3700 3rd Ave.
  • Planning restoration work including plumbing, electrical and HVAC upgrades, new windows, floors, and demolition

Why it matters

  • This project addresses urban blight by revitalizing a building that has been vacant for a decade while creating opportunities for small business entrepreneurs who might otherwise lack resources to open independent locations. The mixed-use development adds both commercial activity and residential housing to Midtown Detroit, contributing to neighborhood revitalization and economic development through an affordable platform for startup vendors.

What's next

  • No explicit next steps stated in the article

Read full article from source: bridgedetroit.com

Midtown project for food, apartment space seeks tax break