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Unit Economics

A Massive Metal “Caterpillar” Brings Eight Cost-Effective Apartments to Detroit - Dwell

In Detroit’s Core City neighborhood, a new prefab Quonset hut hosts six apartments and two live/work spaces surrounded by a recently planted urban forest. Named Caterpillar after its long and slender shape, the gleaming 9,000-square-foot structure is the latest venture by Prince Concepts, a local real estate developer that has partnered with the city to develop roughly one hundred vacant properties in the district.

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