The Parker Durand is a four-story, mixed-use development project at the northeast corner of Kercheval and Van Dyke in Island View/Greater Villages—a neighborhood targeted for investment through the City of Detroit’s Strategic Neighborhood Fund (SNF). This $22.5 million, new construction development created 92 residential, rent-restricted units at varying levels of affordability and four retail spaces. This development includes 83 one-bedroom units and nine two-bedroom units, which range in size from 740 to 1,240 square feet – half of which are affordable. Twenty percent of the affordable units at 50 percent of the Area Median Income (AMI), 30 percent at 80 percent AMI. The four retail spaces on the first floor will be prioritized for locally owned businesses that provide those goods and services that neighborhood residents. This project was completed in January of 2022.