SOUTHFIELD, MI – September 25, 2026 – PRESSADVANTAGE –

Lockwood Companies has completed Haverhill on Clark, an affordable multifamily housing project in Pittsfield Township, Michigan, with official project materials identifying the work as completed in Winter 2026. The finished development contains 295 affordable family units in two four-story buildings and is identified as a Lockwood Development delivered through Lockwood Construction. Company construction records list the project among recently completed work and assign it a development cost of $59.7 million. Official construction materials also identify the project as Haverhill on Clark MSHDA #4010, placing the completed buildings within a documented Michigan State Housing Development Authority project designation.

Those facts establish the completed asset with more precision than a unit count alone. Haverhill on Clark is organized as family housing rather than senior housing, arranged as two mid-rise buildings rather than a dispersed garden-style plan, and recorded as a Lockwood Development with a stated construction-page cost of $59.7 million. The MSHDA project number ties the finished community to a named public-housing-finance designation without adding financing amounts, income bands, or subsidy terms that official Lockwood sources do not publish. Affordability is therefore documented at the program and product level—affordable family units under a MSHDA project identity—rather than through household-income percentages or rent schedules that do not appear in the company’s public project materials.

Lockwood Development and Lockwood Construction occupy distinct roles in that record. The dedicated project information presents Haverhill on Clark as a Lockwood Development in Pittsfield Township. The construction listing presents the same property as recently completed Lockwood Construction work. Lockwood Construction’s published general-contracting model covers field supervision of trade partners, purchasing and scheduling, contract negotiation, quality control, and project close-out. Those functions matter here only insofar as they explain how a two-building family development reaches a completed designation. The completed status marks the point at which that close-out work is treated as finished and the buildings stand as a residential asset rather than an active construction program.

The scale of the project makes that transition material. Two four-story buildings require coordinated close-out across separate construction envelopes before the development can be recorded as complete. Official sources do not describe construction obstacles, inspection sequences, or a calendar date more specific than Winter 2026. They also do not publish occupancy rates, leasing velocity, or resident outcomes. The public record instead documents completion status, building configuration, family-affordable program, MSHDA project identity, and the $59.7 million figure attached to the recently completed listing.

Dean Schroeder, Executive Vice President of Construction at Lockwood Companies, said completion changes the operational status of the buildings. “A two-building affordable family project is complete only after trade work, quality control, and close-out have been brought to a close on both structures,” Schroeder said. “The construction task at Haverhill on Clark was to deliver the buildings as one development so the finished asset matches the family-housing program assigned to the project.”

Mark Lockwood, President and CEO of Lockwood Companies, said the finished community reflects the firm’s combined development and construction structure. “Haverhill on Clark was advanced as a Lockwood Development and carried to completion through Lockwood Construction,” Lockwood said. “The result is a finished affordable family housing asset in Pittsfield Township rather than an open construction program.”

That distinction keeps the announcement on the documented milestone. Haverhill on Clark is no longer described by the company as a project under construction. It is listed as recently completed, costed at $59.7 million in official construction materials, identified as MSHDA #4010, and recorded as 295 affordable family units in two four-story buildings. Additional program details such as area-median-income bands, capital-stack amounts, and occupancy figures are not part of the official public description and are therefore omitted.

The completed development now stands as an affordable multifamily housing development in Michigan whose public facts are limited to location, unit count, building form, family-affordable designation, MSHDA project identity, stated development cost, and the Lockwood Development and Lockwood Construction roles that brought the work to a close.

Lockwood Companies is a real estate firm based in Southfield, Michigan, with more than 35 years of experience in multifamily housing development and management. The company provides integrated services that include real estate development, preconstruction and project planning, general contracting, construction management, and property management for multifamily and senior housing communities across Michigan and Ohio. Its approach spans the full project lifecycle from conception through ongoing management.

###

For more information about Lockwood Companies, contact the company here:

Lockwood Companies
Mark Lockwood
(248) 203-0991
development@lockwoodcompanies.com
27777 Franklin Rd #1410, Southfield, MI 48034, United States

Media gallery

About The Author
PressAdvantage