Monday, August 18, 2008

Detroit Neighborhood: Victoria Park Estates

Housing stock in Detroit are often thought to be only of the “older” or “historic” variety; mostly built in the early-to-mid twentieth century. While that may be true for the majority of homes, it is possible to own newer, suburban-style homes right here in the City.
There are now several newer neighborhoods in Detroit: one of the first was Victoria Park Estates, a gated community on the Eastside. Built in 1992 by Crosswind Communities, Victoria Park, with 157 homes built on 44 acres, is located off Dickerson just south of East Jefferson and east of Conner Street.
The late Detroit Mayor Coleman A. Young, along with the Building Industry Association of Southeastern Michigan and executives of Standard Federal Bank (now Bank of America), spearheaded the development of Victoria Park. The latest new housing development before Victoria Park had been the condominiums and apartments of Lafayette Park East in the 1960s. The prices of the homes range from $160,000 to over $300,00; the community qualifies for the Neighborhood Enterprise Zone Tax Abatements.
The original homeowners of Victoria Park were able to purchase the city-owned lots for $1 apiece, and then build colonial- and cape cod-style homes with decks, two-car attached garages, and cathedral ceilings. The neighborhood has cul-de-sacs, curving streets, and an attended entrance gate. Although homeowner turnover is low, if you are looking for a suburban home within the City, take a look at the newer and diverse community Victoria Park Estates.
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