1. 445 W. Forest Redevelopment Project
TOAD Management, LLC

3. Site Context 445 W. Forest Detroit Medical Center (2 blocks away)
Wayne State University (2 blocks away)
Shangri La
445 W. Forest
Cass Cafe
The Bronx Bar

4. Some of the amenities within ¼ mile
Midtown Loop Greenway (Planned)
M1 Light Rail Line (Planned)
M1 Light Rail Stop (Planned)
Barnes and Noble (2 blocks)
The Potato Place (2 blocks)
La Pita (2 blocks)
Hilberry Theatre (1 block)
Blimpie Subs (1 block)
Olympic Grille (2 blocks)
WSU
Midtown Shangri-la (under 1 block)
Marwil Bookstore (2 blocks)
Bob’s Classic Kicks (1 block)
University Cleaners(under 1 blk)
Seva (2 blocks)
Cass Café (under 1 block)
DMC
The Yoga Shelter (1 block)
Nest (2 blocks)
Starters Bar & Grill (2 blks)
Marcus Market (2 blks)
1/4 mile
Bigby Coffee (2 blocks)
City Bird (2 blocks)
1/8 mi
The Whitney (2 blocks)
3rd Street Bar (2 blocks)
Topsoil Restaurant (2 blks)
Bottom Line Café (2 blks)
Sy Thai (2 blocks)
The Bronx (1 block)
Curl up & Dye (2 blocks)
Hugh (2 blocks)
Motor City Brewing Co. (1 blks)
Nora (2 blocks)
Traffic Jam & Snug (2 blocks)
Source Booksellers (2 blocks)
Pauline’s Closet (2 blocks)
Goodwell’s Natural Food Mart (3 blocks)
Mario’s Italian Restaurant (3 blocks)
Avalon Breads (3 blocks)

5. Residential Demand and Potential
Jobs – Henry Ford Health System, The Detroit Medical Center and Wayne State University employee 26,000 people in Midtown Detroit. These employees are eligible for the Live Midtown incentive which offers them $2,500 towards rent for moving to the Midtown Area.
Students – 30,000 Wayne State University students. CCS and WCCC also located in Midtown Detroit.
Safety and Security –Wayne State University’s police force has typical response times of between 3 and 5 minutes
Population/Demographic Trends – Between 2000 and 2009, the average household income of Midtown residents increased by 58%.
Midtown’s Current Residential Occupancy Rate is 97%

6. Proposed Transit Connectivity

7. Historic Design Considerations
We expect to receive a 20% tax credit towards all hard and soft costs associated with this redevelopment.
Exterior:
Rebuild Inlaid Gutters
Restore painted trim to stone
Repair masonry
Wood windows
Interior:
No exposed duct work
No exposed brick
Restore Pocket Doors
Restore hardwood trim

8. Design – Unit Interiors
Features
Granite Countertops
Stainless Steal Appliances
Hardwood Floors
Hardwood Trim
Wood Windows
Forced Air Heating and Cooling
Modern LED and CFL Lighting
Bathroom photo source: ovement.com/wp-content/uploads/2012/09/clean-bathroom-decorating-ideas-for-apartments.jpg
Kitchen photo source:
Fireplace photo source:

9. First Floor Plan

10. Second Floor Plan

11. Third Floor Plan

12. Sources and Uses Funds

13. Financial Summary