The Foundry Group Detroit House
In an effort to buy real estate in burgeoning startup communities around the United States while more deeply engaging in the startup community, my partners and I have bought a house in the Cass Corridor neighborhood in Detroit. Jason Mendelson grew up in Detroit so this is a nice homecoming for him.
If you’ve followed my efforts with my Kansas City Fiber House, you’ll know where we are going with this. This time the four of us bought the house together (personally, not with our fund) and are providing it to Techstars teams in the Techstars Mobility program which is based in Detroit.
The house is a four bedroom Victoria house built in the 1920s on a cute cobblestone street near midtown. It’s around the corner from the Shinola store and several new brew pubs. It’s within walking distance of a Whole Foods.
We are converting the basement into a big work space so it’s a comfortable live/work house. Turnstone is once again helping out with the furniture. Jason is threatening to create a basement bedroom for us (Foundry partners) to stay at when we come to Detroit. Since I stay in my guest bedroom at the Kansas City house when I’m there, I’m a fan of this.
Ted Serbinski and the team at Techstars in Detroit has been amazingly helpful on all fronts with this, just like Lesa Mitchell, Ben Barreth, and the KCSV folks have been in Kansas City.
Now that we have two houses, I wonder where the third one will be.