WXYZ Editorial: Developer Peter Cummings is moving Detroit forward!
4:14 PM, Mar 3, 2017
WXYZ Detroit - Detroit is becoming a hot spot for urban development!
Throughout the city, new projects are popping up, especially since Michigan's largest city has emerged from bankruptcy. There's been a lot of publicity about downtown building renovation underway and skyscrapers to come. But midtown Detroit is also experiencing a hearty rebirth.
We'd like to shine a light on a developer making a big impact on our city. It will take many players to move Detroit forward. Deserving recognition is developer Peter Cummings. The low profile son-in-law of the late philanthropist Max Fisher, has renewed his commitment to Detroit. The opening of the city's first Whole Foods store on Woodward Avenue in 2013 set off a spark in Cummings.
He was reinvigorated by his investment in that project and the spirit of Detroit he saw taking place.
Cummings sold his Florida-based development business to his son and moved back to the Motor City.
He is now in the process of putting his stamp on some of the city's most iconic buildings. He is restoring the ornate beauty of the Fisher Building along with turning the old Albert Kahn building into condos.
He also has a number of development projects in the works on Woodward near Wayne State University and the Q-Line. His neighborhood project to save old housing stock is also ambitious.
Cummings' latest endeavors will compliment his much earlier Detroit development projects. That includes the Max & Marjorie Fisher Music Center, Orchestra Place, Ellington Lofts, and the Riverfront Towers. This is a good time in Detroit to be, and have, Peter Cummings.
His patience, commitment and vision is a good example for many other up-and-coming urban developers.
I'm Mike Murri, Vice President & General Manager
Broadcast: March 2 - 5, 2017
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