Sakura Way

Sakura Way is a 15 acre mixed-use development located in the heart of Michigan’s Asian population, Novi, Michigan.  A “Best in class” collection of 8-12 Asian restaurants will be featured along with supporting retail and 200 units of apartments and town homes.  The project will feature a walkable, open air environment located on a four-acre lake surrounded by Japanese gardens and situated at one of the most highly populated highway intersections in Metro Detroit.

Anchored by a new 25,000 square foot Asian grocery / food hall concept store from the owners of the nearby One World Market (a subsidiary of global seafodd and Asian product supplier True World Group LLC), this anchor will serve as a prototype for their companies’ national expansion program.

HOT SPOT

Novi, Michigan is located in Oakland County; the 9th wealthiest County in the US in markets of over 1 million people.  There are 290,000 Asians and Asian-Americans in Michigan, 220,000 of which are living within 50 miles of the Novi site.  The three mile radius around the site has an average household income of $119,999, and the 5 mile radius has an income of $110,044.

The metropolitan Detroit area is the headquarters fo over 20 Asian Fortune 500 companies including Toyota, Honda, Hyundai, Kia, Denso, Faurecia, and others including 270 Japanese firms, 55 Korean firms, and 50 Chinese firms.  With Southeast Michigan as a leader in the fields of mobility and self-driving autonomous vehicles, the technology field continues to grow and flourish.

Named one of CNBC’s least expensive places to live, Michigan boasts some of the most affordable real estate prices in the US.  Surrounded by the Great Lakes, the state also offers year round sporting and life style amenities.

WHAT THEY’RE SAYING

This vision has hit a chord with the community in Metropolitan Detroit and globally.  Here is a list of articles and television reports that been published since the project emerged on May 7th.

China Daily, May 25, 2018, “Michigan looks to retain Asian workers by building an ‘Asian Village’

Hometown Life, May 16, 2018, “Proposed Novi project celebrates Asian culture”

Channel 4 News, May 14, 2018, “‘Asian Village’ development emerges in Novi”

Oakland Press, May 14, 2018, “Asian Village featuring retail, housing and restaurants coming to Novi”

Crain’s Detroit Business, May 13, 2018, “Retail, residential plan focuses on Asian Population”

FOR MORE INFORMATION

Telephone:  248-283-2377
E-mail:  info@rbaikens.com