Detroit's Lafayette Towers will be undergoing a renovation. (Credit: Fox 2 News)
DETROIT (WJBK) -
Lafayette Towers has been around since the early sixties, but now its new owner has plans to recapture it's former glory.
"To see the city coming back and exciting things happening within its city center, it's just phenomenal. It's what I've been waiting on for the last 20, 25 years," said Gregory Jackson.
He is the new owner of Detroit's Lafayette Towers, a nearly 600 unit apartment complex built in the sixties and designed by renowned architect Mies Van Der Rohe. It's just steps from downtown Detroit, a full service grocery store and offers killer views of the city.
Jackson walked me through his plans for what he calls one of Detroit's jewels.
"We've got to put the dress back on Cinderella," he said.
The Prestige Automotive CEO bought the recently foreclosed property last December for nearly $6 million. He's investing another $15 million in what he calls a makeover, revamping everything from the HVAC systems to the units themselves. He's even designing a new fitness center and Internet cafe all to create a community everyone from young professionals to retirees will want to call home.
"My vision is having people sitting around in the lobby with their iPads and whatnot. They're having a coffee," said Jackson. "I see a new Detroit when I see the Lafayette Towers today."
"Detroit is where I grew up. Detroit is home," he added. "To be a part of it and invest in it is just a natural for me. It's what I and all true Detroiters should do if they have an opportunity."
Jackson told me that the renovations should take about 18 months to complete. For more information, you can visit www.lafayette-towers.com.
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The jury in the manslaughter trial of Detroit officer Joseph Weekley did not reach a verdict on Monday. The jury has now deliberated for two full days.
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Monday, June 17 2013 11:31 PM EDT2013-06-18 03:31:06 GMT
Detroit Emergency Manager Kevyn Orr is working on improving city services, including the streetlights. More than 40 percent of them do not work, but the Detroit Public Lighting Authority is now beginning its work.
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The FBI and local police have teamed up hoping to solve a 38-year-old murder mystery. They are searching an Oakland Township field looking for Jimmy Hoffa.
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A new search for the remains of Jimmy Hoffa is underway in northern Oakland County. Armed with a search warrant, the FBI moved in Monday morning and started digging in Oakland Township.
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General Motors is recalling more than 193,652 SUVs from the 2006 and 2007 model years because a circuit board in the driver's door could short and cause a fire.
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Detroit's Lafayette Towers will be undergoing a renovation. (Credit: Fox 2 News)
