3434 Russell Street
In 2014, Method invested in a 31 unit conversion project called the FD Lofts in Detroit. Part of the investment was acquiring and rehabbing a 10,000 sq. ft. foot historic warehouse building and four (4) residential loft units in Eastern Market. The warehouse was originally erected in 1888 and home to Hook and Ladder House No. 5 and the Detroit Fire Department repair shop. The conversion included upgrading mechanical, electrical, plumbing systems, as well as, installation of new industrial-sized windows, entrance and garage doors.
The site work included creation of driveway and sidewalk access. Four residential units were upgraded to industrial chic residential condominiums. The commercial space is currently 100% leased with 5,000 sq. ft. occupied by an art gallery and remaining 5,000 sq. ft. operates as an event venue.