Willy’s Overland Lofts LLC
Closed: August 17, 2006

The Willy’s Overland Lofts project will convert the former Willy’s Overland building into 75 for-sale, loft condominiums and commercial space. Built in 1912, the original facility was home to Willy’s Overland Company, best known for the production of the WW II military Jeeps. The four-story building is located on W. Willis, midway between Cass and Second Avenue in Midtown.

Sixty units will be constructed on floors 1-4, which will feature 12-14 foot ceilings. A fifth and sixth floor will be constructed to provide 15 two-story townhouses with nine foot ceilings. Residential units will be configured to provide one to three bedrooms, and range in size from 992 to 2,476 square feet.

New individual forced air units for each condominium along with new elevators, electrical, plumbing, sprinkler, fire alarm, security and building entry systems will be provided. Approximately 58 of the 109 parking spaces will be secured interior spaces; the balance will be secured exterior spaces. An additional building was included in the acquisition and will be developed in the future as commercial space. The Detroit Investment Fund partnered with National City Bank’s CDC and the Michigan State Housing Development Authority (MSHDA) to finance this project.