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.
Wednesday, May 22 2013 2:28 AM EDT2013-05-22 06:28:15 GMT
More than 2,000 people were in attendance to hear Donald Trump speak at Oakland County's Lincoln Day Dinner. Before the event, he told reporters he believes Detroit is "on the right path."
More than 2,000 people were in attendance to hear Donald Trump speak at Oakland County's Lincoln Day Dinner. Before the event, he told reporters he believes Detroit is "on the right path."
Monday, May 20 2013 11:08 PM EDT2013-05-21 03:08:56 GMT
A small dog was taken from a woman's car on Sunday. Now a woman claims she wasn't trying to steal the dog. She was trying to save its life because it was locked in a car on a hot day.
A small dog was taken from a woman's car on Sunday. Now a woman claims she wasn't trying to steal the dog. She was trying to save its life because it was locked in a car on a hot day.
Thursday, May 16 2013 9:04 PM EDT2013-05-17 01:04:18 GMT
13 people were shot in Detroit in just 24 hours, five from one block, including a woman who was just hours away from a kidney transplant. She did not survive.
13 people were shot in Detroit in just 24 hours, five from one block, including a woman who was just hours away from a kidney transplant. She did not survive.
Wednesday, May 22 2013 10:19 AM EDT2013-05-22 14:19:38 GMT
Police say a 1-year-old boy has died after being found unresponsive in a water-filled bathtub in Flint. Police are treating the child's death Monday night as suspicious.
Police say a 1-year-old boy has died after being found unresponsive in a water-filled bathtub in Flint. Police are treating the child's death Monday night as suspicious.
Wednesday, May 22 2013 9:45 AM EDT2013-05-22 13:45:43 GMT
Authorities say a 72-year-old suburban Detroit woman has been arrested after firing a shot from a .38 caliber handgun at her daughter during an argument.
Authorities say a 72-year-old suburban Detroit woman has been arrested after firing a shot from a .38 caliber handgun at her daughter during an argument.
Wednesday, May 22 2013 7:38 AM EDT2013-05-22 11:38:56 GMT
A memorial service is this weekend for a newly married Detroit-area youth minister who was killed in a traffic accident as he and his wife were en route to their honeymoon in Myrtle Beach, S.C.
A memorial service is this weekend for a newly married Detroit-area youth minister who was killed in a traffic accident as he and his wife were en route to their honeymoon in Myrtle Beach, S.C.
Wednesday, May 22 2013 2:28 AM EDT2013-05-22 06:28:15 GMT
More than 2,000 people were in attendance to hear Donald Trump speak at Oakland County's Lincoln Day Dinner. Before the event, he told reporters he believes Detroit is "on the right path."
More than 2,000 people were in attendance to hear Donald Trump speak at Oakland County's Lincoln Day Dinner. Before the event, he told reporters he believes Detroit is "on the right path."
Wednesday, May 22 2013 2:17 AM EDT2013-05-22 06:17:02 GMT
Find out how you can help the victims of Monday's deadly tornado that ripped through the Oklahoma City suburbs, killing two dozen and flattening neighborhoods, schools and businesses.
Find out how you can help the victims of Monday's deadly tornado that ripped through the Oklahoma City suburbs, killing two dozen and flattening neighborhoods, schools and businesses.
Wednesday, May 22 2013 12:02 AM EDT2013-05-22 04:02:09 GMT
Detroit police believe a man in a surveillance photo is responsible for a kidnapping, carjacking, sexual assault and armed robbery on the city's east side.
Detroit police believe a man in a surveillance photo is responsible for a kidnapping, carjacking, sexual assault and armed robbery on the city's east side.
Tuesday, May 21 2013 10:59 PM EDT2013-05-22 02:59:19 GMT
Some Detroiters say their neighbor is hoarding dogs. She has been accused of doing it before. In 2011, 25 dogs were removed from her home, but we're told a case was never brought.
Some Detroiters say their neighbor is hoarding dogs. She has been accused of doing it before. In 2011, 25 dogs were removed from her home, but we're told a case was never brought.
Detroit's Lafayette Towers will be undergoing a renovation. (Credit: Fox 2 News)
