The redevelopment of a historic 126,000 square-foot building in Detroit's Capitol Park neighborhood is expected to be completed by the end of the year with $38.5 million in financing from a group including Urban Partnership Bank. The building will be turned into new office space for the Archdiocese of Detroit, 56 loft-style apartment units and first-floor retail. The financing is part of a public-private partnership made possible by federal New Markets and historic tax credits and state historic and brownfield tax credits. Beechwood, Ohio-based Liberty Bank NA, Chase Bank, J.P. Morgan Chase, the Chicago-based National Community Investment Fund, Invest Detroit and Lansing-based Develop Michigan Inc. will also participate in the financing.