Asian-themed Project Sakura Novi Adding Korean Steakhouse, 117 Apartments (DBusiness)

Sakura Novi, Michigan’s first Asian-themed, mixed-use real estate development, today announced a lease has been executed for The Dancing Pine Korean Steakhouse, while a joint venture agreement has been executed with Robertson Brothers Homes to build 117 townhouse apartments.

The development, located at Grand River Avenue and Town Center Drive in Novi, will include a collection of Asian-themed restaurants, high-end lifestyle retail shops and services, townhome apartments, office space, and, at the center, a Japanese-themed garden path, an existing pond, and a public plaza for community events.

Novi is located in Oakland County, the ninth-wealthiest county in the United States with a population of more than 1 million people. According to the development team, 290,000 Asians and Asian-Americans live within 50 miles of the project, while the average household income is $119,999 within a three-mile radius of the site.

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