248-226-1610
315 Burns Dr, Detroit, MI for Sale
Apartments - FOR SALE
1/30
null | Request Cap Rate

315 Burns Dr
Detroit, MI 48214
Riverfront East


HIGHLIGHTS

  • Floor-to-ceiling glass designs
  • High-end finishes, 10-12 ft ceilings, open layouts, resort-style amenities, concierge, rooftop terraces
  • Boutique hospitality + premium multifamily + luxury condominium offering
  • 12.79-acre waterfront development site along Detroit River.
  • 6-phase master-planned mixed-use redevelopment.
  • Flexible investment structures: JV, LP/GP, or outright sale.

OVERVIEW

Gold Coast at Whittier Park represents a rare opportunity to acquire or partner in a transformative, multi-phase waterfront redevelopment located along Detroit’s historic Gold Coast at 315 Burns Drive. Positioned on approximately 12.79 acres and just minutes from downtown Detroit, the project is designed as a premier mixed-use destination integrating luxury residential, hospitality, retail, and office components within a walkable, amenity-rich environment. The master-planned development encompasses a 6-phase vision totaling approximately 1,000 residential units, a full-service hotel with approximately 250 suites, and more than 140,000 square feet of retail and office space. Anchored by the revitalization of the historic Whittier Hotel, the project blends architectural preservation with modern luxury, offering a unique combination of boutique hospitality, high-end multifamily, and luxury condominium residences. Situated adjacent to Indian Village and directly along the Detroit River, the property benefits from immediate access to the award-winning Riverwalk, waterfront parks, marinas, and an array of cultural and entertainment amenities. The location offers proximity to downtown Detroit’s major employment, entertainment, and lifestyle drivers, including stadiums, casinos, festivals, and dining destinations, enhancing its appeal as a destination-driven community. The development plans emphasize elevated streetscapes, landscape enhancements, and new infrastructure designed to support long-term growth and community integration. Each phase introduces high-quality construction and luxury finishes, including floor-to-ceiling glass design elements, open layouts, resort-style amenities, concierge services, and rooftop terraces, positioning the project to compete at the highest level within Detroit’s evolving urban residential market. Investors are offered multiple pathways to participation, including equity partnership structures, joint venture arrangements, LP/GP ownership models, or a straight sale/recapitalization, creating flexibility to align capital with development expertise. The offering provides an opportunity to participate in asset stabilization and long-term appreciation within one of Detroit’s most historically significant and strategically located waterfront corridors.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

1000

CAP RATE

Request Cap Rate

% LEASED

0%

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gold Coast at Whittier Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Restaurant, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

15

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.49 AC

LAND SF

544,064 SF

ZONING

R6

APN/PARCEL ID

17-0000012,17-000003,17-000004,17-0000056,17-000007-001,17-000007-002,17-000008

ASK ABOUT THIS PROPERTY

Simon JonnaJonna GroupMore Info
248-226-1610

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Simon JonnaJonna GroupMore Info
248-226-1610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.