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.
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