Roger and Sergio Basmajian believe in urban development, and it's why they're focusing the efforts of their company, Basco of Michigan, on it.
"We're looking in the urban neighborhoods and walkable communities and seeing what's possible," Roger Basmajian says. "That's where we see the future, especially with young people."
The latest project for the company is the redevelopment of a two-story building in downtown Ferndale. The brothers are renovating the interior for retail and breathing some more life into the façade of 320 W 9 Mile Road. That work will include repairing the brick and redoing the metal awning.
"It's very art deco-ish," Roger Basmajian says.
They plan to get started on the 7,800-square-foot building by the end of this month. Work should be done within two months. They hope to have a restaurant in the ground floor space by the end of the year.
Basco of Michigan has redeveloped a handful of properties in the Ferndale and Royal Oak area. It's a partnership between the Basmajian brothers and their father George Basmajian, who is a silent partner.
Source: Roger Basmajian, co-owner of Basco of Michigan
Writer: Jon Zemke
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