Developer Charles Dickerson Marks Milestone with Completion of $7.3M ‘The Beauton’ Mixed-Use Affordable Housing Project in Detroit’s North End

Image courtesy of the City of Detroit Detroit Deputy Mayor Melia Howard and members of the City Council joined developer Charles Dickerson III today to celebrate the opening of “The Beauton,” a $7.3 million mixed-use affordable housing project that brings 29 new units to the North End neighborhood. The Beauton promises to strengthen the community by addressing housing shortages, boosting the local economy, and revitalizing the area with its vibrant, inclusive design. The Beauton provides 29 new affordable apartments: 10 micro-studio units, 15 studio units, 2 one-bedroom units, and 2 two-bedroom units. Many of the units are well below market rate to make them affordable to more Detroiters living in the area. Units will have rents based on 50-120% of area median income (AMI), with over half of the units at or below 80%. Rents for the micro units will be as low as $700 per month. Under the agreement, affordability of the apartments is guaranteed for the next 12 years. Mayor Duggan emphasized that the North End has seen a lot of new investment, which can increase rent pressures for existing residents. “The Beauton will bring 29 more units of much-needed affordable housing to North End to help make...