Fort Street Corridor — Community-Led Mixed‑Use (Schaefer → Outer Drive)
Real Assets · Innovation Engine Project

Fort Street Corridor (Schaefer → Outer Drive)

A 15‑parcel, community‑led redevelopment in Southwest Detroit/Downriver focused on a full‑service grocery, affordable housing, local retail, and a safer, greener public realm. This page captures the vision, the formation steps (Fort Street CDC), the funding stack, and a near‑term action plan.

15 parcels in 3 clusters Grocery + Housing + Retail Brownfield & LIHTC‑ready Engine: PersonasOS + The Grid

Corridor snapshot

Where & what

Fort Street (M‑85) between Schaefer and Outer Drive in ZIP 48217 (Boynton–Oakwood Heights). Parcels include an eight‑lot cluster, a Visitor & Fort corner, and a bar + gated parking lot.

15
parcels
3
clusters
1
full‑service grocer
local jobs & services

Anchor references (provided)

CorridorFort St (M‑85) · Schaefer → Outer Drive
Example address2709 S Fort St (Yoshi Hibachi Grill area)
Another reference3133 S Fort St (within corridor)
NeighborhoodSouthwest Detroit / Downriver (48217)
Fort Street (M‑85) — schematic Cluster A — 8 parcels Cluster B — corner Cluster C — bar + lot

What we’re building

Grocery + fresh food

Full‑service grocery with healthy staples, prepared foods, and local vendors. SNAP‑enabled, curb‑safe loading, and nutrition programming via partners.

Affordable housing

Mixed‑income rentals with LIHTC‑eligible set‑asides; ground‑floor active uses; tenant services coordinated with community partners.

Local retail & services

Street‑front bays for essential services (pharmacy, banking, laundry) plus maker/food kiosks. Nighttime lighting and safer crossings.

Formation: Fort Street Community Development Corporation

Set up the entity

  • Incorporate Michigan nonprofit (working name: Fort Street CDC)
  • Adopt bylaws, conflict‑of‑interest, board with resident + business seats
  • Apply for 501(c)(3) (Form 1023) and State charitable registration
  • Execute site control (LOIs/PSAs/leases) across all parcels

Early workstreams

  • Phase I ESA + title, survey, and zoning checks
  • Community engagement & benefits plan (hiring, local vendors, safety)
  • RFPs: architect, civil, traffic, grocery ops partner, GC/CM
  • Pre‑apps with City (HRD/Planning/DBRA) & MEDC/MCRP

Funding stack (illustrative)

Affordable housing

LIHTC (9% / 4% via MSHDA), PILOT property tax relief, soft funds (HOME/CDBG), and CRA bank debt.

Grocery & retail

HFFI (loans/grants), NMTC for large mixed‑use, CDFI senior/mezz debt, MSF MCRP gap financing.

Site readiness

Brownfield TIF (Act 381) via DBRA for demo, remediation, site prep, and infrastructure; MEDC RAP for public space.

We’ll maintain a live capital model and incentive calendar; partners can plug in at predev, vertical, and permanent phases.

Phasing & cadence

0–90 days

  • Form CDC; open project bank account & governance
  • Complete ESAs, title, and site control; preliminary site plan
  • Grocery operator shortlist; housing dev partner RFP
  • Start PILOT/LIHTC pre‑apps; schedule DBRA brownfield intake

90–180 days

  • Concept design + order‑of‑magnitude budget & pro formas
  • Community meetings; CBA/benefits outline
  • Submit MCRP LOI; HFFI planning/implementation apps
  • Traffic/corridor safety scope with City + MDOT

6–18 months

  • Site plan approvals; brownfield plan; LIHTC/NMTC applications
  • Close on land; finalize grocery lease & housing capital stack
  • Bid packages; GMP; utility relocations & site works
  • Small‑bay retail incubator pilots start

18–36 months

  • Vertical construction; workforce & vendor pipelines live
  • Turnover and lease‑up; public realm punchlist
  • Year‑1 operations dashboard (usage, jobs, emissions)

Who we’re looking to partner with

Cities & agencies

Detroit HRD/Planning, DBRA, Wayne County BRA, MDOT—coordination on PILOT, brownfield, permitting, streets, and safety.

Capital

LIHTC investors, NMTC CDEs, CDFIs/CRA banks, philanthropic PRI, and mission‑aligned grocer equity.

Operators

Grocer, pharmacy/clinic, neighborhood services, and local makers/food entrepreneurs for kiosk bays.

Notes

Locally, this corridor is sometimes written as “4th Street.” Official mapping and most addresses use Fort Street (M‑85). Reference points include 2709 S Fort St (Yoshi Hibachi Grill area) and the project‑provided 3133 S Fort St.

Let’s assemble the full stack

If you are a grocer, housing developer, contractor, lender, or community partner, we’d like to talk this week.

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