Developer Ron Castellano struck a deal with the city in 2015 to rehabilitate the Herman Kiefer Hospital complex, with the $925,000 purchase of the facility and two vacant schools completed in 2018. In 2017, a deal with the Land Bank gave him the option to purchase a package of more than 100 nearby homes and 300 vacant lots in Virginia Park. The $143 million development of a 38-acre, 862,000 square foot commercial campus dubbed the Creative Commerce Campus Detroit, or CD3, has begun. However, as of November 2021, only 15 homes had been rehabbed, a timeline that city officials described as on track but has caused concern for neighbors. City Council rejected an amendment to the development agreement that month that would have reverted 39 homes and 102 lots to Land Bank ownership, to be offered for sale with discounts for nearby residents. It also would have changed the agreement to strip the city's enforcement option of taking back the hospital and school properties. Project benchmarks include more than $1 million investment annually in the first five years since the sale, which Castellano has met; by 2027, 80% of the site must be activated or $75 million invested. Milestones shared in 2020 called for 81% of homes to be rehabbed by June 2022. The project went through Detroit's Community Benefits Ordinance process starting in 2017.

Sources: Herman Kiefer Development, Detroit Free Press, Crain's Detroit Business, City of Detroit