10/16/2012 10:30 am ET

The Edmund, Detroit Historic Mansion, Opening For Apartment Rentals In Brush Park Neighborhood

This article originally appeared in Model D.

Deciding whether or not to save a classic Victorian mansion in Brush Park is pretty easy for Michael VanOverbeke.

The attorney established his practice (VanOverbeke, Michaud & Timmony) in a restored Brush Park mansion at 79 Alfred St. and played a key role in the redevelopment of 48 Edmund Place into a Victorian-house-turned-apartment-building. So finishing the redevelopment of 104 Edmund Place after it fell victim to the housing market collapse was a no-brainer.

"I was concerned about it falling by the wayside," VanOverbeke says. "I wanted to save it and complete it."

The original redevelopment of the huge Victorian mansion and accompanying carriage houses called for turning them into for-sale condos. VanOverbeke and his partners changed course, creating high-end apartments and rebranding the development The Edmund.

"We decided in this market it's better to go rentals," VanOverbeke says.

The Edmund now consists of nine apartments. The main building, which dates back to the 1870s, measures in at 11,000 square feet. It has six apartments, including the three-bedroom, 2.5-bath penthouse. The two carriage houses (both new construction) consist of three apartments between them. Prices range from $1,000 per month for a one-bedroom to $2,250 per month for the penthouse.

The Edmund is currently taking reservations for its rentals and expects to begin moving in the first residents by late November. For information, call 313-623-2461.

Source: Michael VanOverbeke, managing member of The Edmund
Writer: Jon Zemke

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