The Ilitch organization plows ahead with its grand plans for The District Detroit, a massive commercial, residential and entertainment project in downtown and Midtown.
On Monday, Olympia Development of Michigan announced Phase II: Restoration of three vacant historic buildings and construction of three mixed-use buildings near the state-of-the-art, Little Caesars Arena.
The projects, totaling nearly $200 million, will bring office tenants, storefronts and density to the area while connecting the city’s Central Business District to nearby neighborhoods, a press release says. Each building will have stores.
“We are enthusiastically building on the incredible success of Little Caesars Arena and the upcoming opening of the new Little Caesars world headquarters campus expansion, the Mike Ilitch School of Business at Wayne State University and the launch of the Columbia Street shopping and dining destination,” Christopher Ilitch, President and CEO of Ilitch Holdings, Inc. says in a statement. “This new investment puts the focus on the redevelopment of historic buildings while bringing high-demand retail and office space that will contribute to Detroit’s economy.”
The historic renovations:
2210 Park Ave. – The former Detroit Life Building, a 10-story historic office building built in 1922, would be transformed into 32,000 square feet of office space and 6,000 square feet of street-level retail space just north of Columbia Street. Kraemer Design Group of Detroit will design this $17-million renovation.
1922 Cass Ave. – This six-story, Albert Kahn-designed historic building would be renovated into 66,000 square feet of office space and 8,000 square feet of street-level retail space. With roots dating back more than 100 years, the site once included a carriage and wagon shop and later, a machine and engine shop. Albert Kahn Associates will design the $23-million renovation.
2110 Park Ave. – The interior of this six-story historic building would be renovated into 47,000 square feet of office space and 10,000 square feet of street-level retail space. Kraemer Design Group will design the $25-million renovation.
The new construction:
2715 Woodward Ave. – This proposed $65 million development between Little Caesars Arena and Mike Ilitch School of Business at Wayne State University would include 110,000 square feet of office space and 17,000 square feet of stores.
111 Henry St. – This proposed $20 million mixed-use office, retail and parking development would be completed with 50,000 square feet of office space and 7,000 square feet of street-level retail space. It would continue to build on the success of Henry Street’s popular retail and restaurants. Previously designated as
residential, this property is now envisioned as office space.
120 Henry St. – This proposed $48 million project would be developed adjacent to Chevrolet Plaza at the new Little Caesars Arena. The development includes 100,000 square feet of office space and 20,000 square feet of street-level retail space. Previously designated as residential, this property is now envisioned as office space.