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Home , Albert Kahn (architect), Brush Park, Campus Martius Park, David Stott Building, Detroit City Hall, Detroit Medical Center

2019 DOWNTOWN DEVELOPMENT UPDATE ST. ANTOINE ST. TEMPLE

4TH H ALFRED E BEAUBIEN G H SPROAT LEDYARD

BRUSH ADELAIDE

PARK

Little Caesars R. JOHN Arena

WOODWARD WINDER

2ND HENRY

GRAND RIVER

CLIFFORD Table of Contents I-75 FISHER SERVICE DRIVE

I-75 K MONTCALM Recently Completed Pipeline Fox

WITHERELL COLUMBIA Theatre I-375 6 Developments 20 Developments

BRUSH D COLUMBIA

PLUM L Park 139 Cadillac Square (A) 511 Woodward (A) CASS 7 21 751/ Marx Moda (B) Broadway Lofts (B) ELIZABETH PARK M

3RD ELIZABETH MGM J ADAMS 8 1515-1529 Woodward (C) 22 Detroit Police Department Headquarters (C) Grand B Casino Grand Church of Scientology (D) Gateway Center Building Redevelopment (D) BEECH Circus Park Beacon (E) Harmonie Club Hotel (E) Park 9 23 PLAZA BAGLEY GRAND RIVER

D MADISON Element Detroit at the Harvard Centre Square (F) 1ST

RANDOLPH I CENTRE Metropolitan Building (F) H CLIFFORD E 24 Hastings Place (G) BAGLEY C JOHN R. F BROADWAY G 10 The (G) Leland House Historic Renovations (H) O School of (H) E Monroe Blocks (I) J L GRATIOT CLINTON 25 M F

J ANTOINE ST.

GRISWOLD CASS B RIVER B 11 Philip Houze (I) Park Avenue Building (J) GRAND BEAUBIEN M WOODWARD C

3RD WASHINGTON STATE G MACOMB Hotel (J) 26 Park Avenue Tapestry Hotel (K) K BRUSH I Randolph Centre Building (L) D A MONROE

CHRYSLER SERVICE DRIVE SERVICE CHRYSLER 1ST TCF Headquarters (M) J E RANDOLPH Greektown 27 SHELBY Current Casino HOWARD P MONROEI Other Future Pipeline Developments FARMER 12 Developments I LAFAYETTE I C GRISWOLD B Campus W. LAFAYETTE 220 West (A) F Martius 13

WASHINGTON Moving Park

3RD Book Building and Tower (B)

BRUSH 28 Cadillac A Forward Together Square BATES W. FORT 14 Cambria Hotel (C) Special The Greektown Neighborhood Woodward 2ND Esplanade CONGRESS Feature A City Club Apartments CBD Detroit (D) Framework Vision F W. CONGRESS BEAUBIEN City Modern (E) N A LARNED 15 Building (F) W. LARNED M-10 C JEFFERSON 16 DMC Sports Medicine Institute (G) D I-375 34 Other Investments JEFFERSON Eddystone (H) TCF Center WOODBRIDGE

ST. ANTOINE ST. Fowler Building (I) 35 COMMUNITY SPACES Capitol Park Update (A) FRANKLIN 17 Gabriel Houze (J) Hart Plaza GM Adams Streetscape Improvement (B) Renaissance Hudson’s Block and Tower (K) Center Spirit Plaza (C) 18 World Headquarters (L) ATWATER and Stevens Buildings (M) 36 ALLEYS: PEDESTRIAN-FRIENDLY PUBLIC SPACES Marquette Building (N) Columbia Street (D) 19 (O) QLine Route Parker’s Alley (E) Greektown Expansion (P) 37 and Station 220 West (F) Recently Pipeline Completed Developments People Mover Park/Public Space 37 PUBLIC INFRASTRUCTURE PROJECTS Developments Route and Station

Business Improvement MoGo Zone (BIZ) Bike Station Current Other Investments Developments TOTAL FLOOR AREA

n the midst of a 4,953,813 square feet being developed I transformational building boom, Detroit is a rapidly- changing, dynamic city and a Residential hotspot for new development. Office Institutional This Development Update report is published by the Partnership (DDP) Hospitality* with support from the Downtown Detroit Business Improvement Zone (BIZ). The report 127,000 sq. ft. features recently completed projects in the city’s 150,000 sq. ft. 3,142,060 sq. ft. central core, as well as those currently under 1,534,753 sq. ft. construction. DDP is also featuring an overview of future projects that are in the pipeline for the TOTAL INVESTMENT* next phase of Detroit’s phenomenal growth.

Public, private and philanthropic partnerships $2,121,300,000 continue to drive Detroit’s growth and the pace invested in projects under of development. This structure is propelling the construction or finished this year city’s economic revitalization at a development pace that is transformative yet sustainable.

Residential Throughout Downtown, the year 2019 marked

a move toward a more pedestrian-friendly Office environment, as evidenced by the emergence of several new alleyway developments. Downtown Institutional Detroit’s parks and public spaces, programmed and managed by DDP, offer new seating Hospitality options, improved landscaping, implementation of a comprehensive recycling program and many $71,000,000 358,000,000

more amenities. $421,300,000 $1,271,000,000

The Downtown Detroit Business Improvement Zone celebrated its five year anniversary. This RESIDENTIAL STATISTICS major milestone was celebrated in . The BIZ was established in 2014 and has since supported a clean, safe 1,551 2,257 and vibrant Downtown for property owners, residential units in estimated number of residential current projects units across 10 projects* , residents and employees.

*The Development Update is not intended to be an exhaustive 5,590 project list, but an exciting snapshot of both recent, and soon- Downtown residential units to-be, developments. (including the number under construction this year)

*Projected numbers are subject to change. Some project details are unknown and excluded from the total.

4 5 MIXED-USE RESIDENTIAL 139 Cadillac Square 139 Cadillac Square Formerly known as the , the recently rehabilitated 10-stories of 139 Cadillac Square was built in the early 1920’s, previously serving as offices for lawyers frequenting the Old across the street. A $9 million historic renovation in 2017 turned the structure into a 45-unit apartment building with a School style of .

COMPLETED DOLLARS INVESTED August 2019 $13.5 million DEVELOPER SOURCES OF FINANCING Ferlito Group and Construction loan, Historic Tringale Development Tax Credits, private resources Source: Ferlito Group

RECENTLY COMPLETED DEVELOPMENTS

OFFICE The 751/ Marx Moda 751 Originally known as the Olde Building, the 751 was designed for Detroit’s First State Bank in 1924 by architect . In April 2018, Marx Moda, an officer designer and furniture dealer, opened its official headquarters in The 751, which is in Detroit’s Financial District. The design of the building was a collaborative process that resulted in office spaces. The interior renovation pays homage to the past, while creating an efficient, forward-thinking spaces for the future.

COMPLETED SOURCES OF FINANCING March 2018 Historic Tax Credits, Obsolete Property Rehabilitation Act (OPRA), Michigan DEVELOPER Economic Development Corporation’s Basco Detroit Community Revitalization Program DOLLARS (CRP) commercial bank loan, private INVESTED resources $7 million

Sources: Basco Detroit and Gensler

6 7 OFFICE RESIDENTIAL 1515-1529 David Stott Woodward 1515-1529 Woodward Avenue Building 1150 Griswold Street In 2016, Bedrock acquired two mid-rise buildings located at 1515-1529 Woodward The historic David Stott Building Avenue, originally designed by the renowned was constructed in 1929, resembling Detroit architect Albert Kahn. The two architecture from the pre-depression era. properties contain approximately 114,000 Located in the heart of Capitol Park, the square feet, including frontage on Woodward building is near an ever-increasing variety Avenue designated for first-floor retail space. of shops, restaurants and attractions. In April of 2019, LinkedIn opened its first new This 38-story landmark building houses U.S. office in 10 years for its 50 employees at residents and community amenities, with 1515 Woodward, which is also known as the commercial tenants and ground-floor retail historic Sanders Building. coming soon.

COMPLETED COMPLETED November 2018 September 2018 DEVELOPER DEVELOPER Bedrock Bedrock DOLLARS INVESTED DOLLARS INVESTED Undisclosed Undisclosed SOURCES OF FINANCING SOURCES OF FINANCING Undisclosed Undisclosed

Sources: Bedrock, Crain’s Detroit Business, Sources: Bedrock and and Detroit Free Press

HOSPITALITY INSTITUTIONAL Element Detroit Church of at the Metropolitan Scientology One Griswold Street Building 33 John R Street The Los Angeles-based church recently redeveloped the former Standard After a $33 million redevelopment of the 93-year-old Savings and Loan building at Jefferson Metropolitan Building, this space now houses Michigan’s Avenue and Griswold Street across first “nature-inspired” Element hotel. The team behind from Hart Plaza. This site is the spot the renewal is a joint venture between The Roxbury where French explorer Antoine de la Group and The Means Group Inc. Complete with 110 Mothe Cadillac founded the City of hotel rooms, conference space and a rooftop bar, the Detroit, and where the first St. Anne’s Element is focused on sustainability and environmentally Church was built in 1701. friendly design including artwork made from repurposed materials, eco-conscious products and free-to-rent COMPLETED bicycles for guests. October 2018 SOURCES OF DEVELOPER COMPLETED FINANCING Church of Scientology January 2019 Huntington Bank, DMI and Invest Detroit, tax DOLLARS INVESTED DEVELOPER credit equity by Insite $8 million Metropolitan Hotel Partners - Means Group and Roxbury Capital and support SOURCES OF FINANCING Group from Michigan Strategic Undisclosed Fund DOLLARS INVESTED Sources: Crain’s Detroit Business and City of Detroit $33 million

Sources: Roxbury Group and Crain’s Detroit Business

8 9 RESIDENTIAL The Farwell RESIDENTIAL Philip Houze Building 415 Clifford Street 1249 Griswold Street Formerly known as the historic Rockwell- Nestled in the historic Capitol Park Standard Building, the Philip Houze is at the neighborhood, the Farwell Building has been corner of Bagley and Clifford Streets. The renovated from a mixed-use office space to a property is conveniently located in the Central residential building. The property dates back to Business District where residents can take 1915 and is characterized by its interior details advantage of quick access to the QLINE and designed by Louis Comfort Tiffany and ironwork walk to several of Downtown Detroit’s parks by Russel Wheel and Foundry of Detroit. The and public spaces. The 86,000 square foot building is repurposed with historic rehabilitation facility is pet-friendly, offers 89 residential of its 110,948 square feet, including 82 luxury units, and includes a lobby and recreation loft apartments and 25,582 square feet of room with seating, a coffee station, a library commercial space. and TVs.

COMPLETED SOURCES OF COMPLETED DOLLARS INVESTED August 2019 FINANCING September 2018 $15 million Historic Tax Credits, DEVELOPER Brownfield Tax DEVELOPER SOURCES OF FINANCING Karp and Associates Credits, debt and Barbat Holdings Undisclosed DOLLARS INVESTED equity financing $40 million Sources: Barbat Holdings and Crain’s Detroit Business

Sources: Capitol Park Partnership, Curbed Detroit, and Crain’s Detroit Business

EDUCATION Mike Ilitch School HOSPITALITY Shinola Hotel of Business 1400 Woodward Avenue 2771 Woodward Avenue The Shinola Hotel is located in the heart The new Mike Ilitch School of Business at of the city’s Woodward Avenue shopping (WSU) was made district. The 129-room boutique hotel offers possible by a $40 million lead investment from a completely original hospitality experience, Mike and . The gift is the largest which includes quality craftsmanship and in WSU history and ranks as one of the top ten flawless service. Shinola Hotel is a partnership gifts ever to a public business school in the between Shinola, a Detroit-based watch and . Fall 2018 marked the inaugural leather goods manufacturer and Bedrock, class of business students. The new facility is Detroit’s premier multiservice real estate WSU’s first entirely new construction project firm. One of the structures that is part of the outside of Wayne’s Midtown campus. Its Shinola Hotel was designed by Wirt Rowland, location in The District Detroit brings students the architect responsible for the city’s most closer to the heart of Detroit’s business recognizable structures such as the Guardian community and enhances access to internship Building and the . and career opportunities.

COMPLETED DOLLARS INVESTED COMPLETED DOLLARS INVESTED January 2019 Undisclosed April 2018 $59 million DEVELOPER SOURCES OF FINANCING DEVELOPER SOURCES OF FINANCING Bedrock Undisclosed Wayne State Philanthropic gifts from the

University Ilitch family and bond sales Source: Bedrock from the university

Source: Olympia Development of Michigan

10 11 OFFICE 220 West 220 West Congress Street After spending its early years as a glove factory, 220 West Congress Street is receiving a well-deserved upgrade. Located in Detroit’s Financial District, this five-story building is currently being converted into creative office lofts, multiple retail storefronts and an alley transformation. The alleyway will offer a more active setting including green features, art, pop-up stores, bike racks, café style seating and hang out spaces. Today, the 36,500 square foot building is situated near several hotels, TCF Center and the Woodward Shopping District.

PROJECTED DOLLARS INVESTED COMPLETION DATE $9 million 2019 SOURCES OF DEVELOPER FINANCING Basco Undisclosed

Source: Basco Detroit, City of Detroit, and Crain’s Detroit Business

CURRENT DEVELOPMENTS

MIXED USE Book Building and Tower 1265 Washington Boulevard Located at the corner of Washington Boulevard and Grand River Avenue, the Book Building and Tower is one of Detroit’s tallest and oldest . Construction on the Italian Renaissance-style building was completed in 1926 by the legendary Louis Kamper. It continues to be a key anchor of Detroit’s Downtown Historic district. Currently under restoration, this 38-story, 486,760 square foot landmark is anticipated to offer office space, a boutique hotel, ground floor retail, and residential space.

PROJECTED DOLLARS INVESTED COMPLETION DATE Undisclosed 2022 SOURCES OF DEVELOPER FINANCING Rock Companies/ Undisclosed Bedrock

Source: Bedrock

12 13 HOTEL RESIDENTIAL Cambria Hotel City Modern 600 West 318 Edmund Place Located just a short walk from the Detroit Riverfront, At the intersection of Downtown and 600 West Lafayette is a classic example of mid 20th Midtown, this development unites ’s century architecture built in 1936. The Cambria historic lineage with the thoughtful integration Hotel lobby will be adapted within the existing structure of modern design and urban living. City and will incorporate a sky bridge linking the newly Modern offers community development while constructed first modular hospitality offering in the State honoring the innovation, style and diversity of Michigan. Some features will include an attached of this historic neighborhood. Located in parking structure, grand ballroom with walkout garden Midtown, just minutes from Downtown courtyard, rooftop bar, 154 premium guest rooms Detroit, City Modern offers options for and retail space. Celebrity chef Fabio Viviani will be individuals and families of all sizes, including developing the food and beverage outlets, and Detroit flats, duplettes, carriage homes, townhomes Taco Company will also be a tenant. and historic homes. City Modern is the culmination of five accomplished architecture PROJECTED DOLLARS INVESTED firms who will renovate four existing Victorian COMPLETION DATE $47 million mansions and design 20 new buildings. Q4 2020 SOURCES OF FINANCING DEVELOPER TCF Bank, Pace Equity PROJECTED DOLLARS INVESTED 600 Ventures and Invest Detroit COMPLETION Undisclosed II - partnership DATE between Means NUMBER OF ROOMS 2020 SOURCES OF FINANCING 154 Undisclosed Group and Koucar DEVELOPER Management Bedrock

Source: Means Group Source: Bedrock

RESIDENTIAL City Club Apartments RESIDENTIAL CBD Detroit Detroit Free 313 Park Avenue Press Building Built on the site of the historic Statler Hotel, City Club 321 West Lafayette Boulevard Apartments CBD Detroit is the first ground-up, mixed-use, The Detroit Free Press occupied this 14-story, conventionally financed high-rise under construction in Detroit’s 302,000 square foot building until 1998. The central business district in the last 30 years. The hotel, built Albert Kahn-designed building, completed in 1915, hosted top business, sports, arts and entertainment in 1925, is being renovated for mixed use, and political guests for six decades. The development offers with ground-level retail spaces and office apartments, townhomes and penthouses with private rooftop spaces on the second and third levels. Above terraces with five-star amenities. City Club Apartments Detroit the office and retail spaces are more than will also house over 12,000-square feet of retail. 100 residential units. The building is located within minutes of Capitol Park, Cadillac PROJECTED SOURCES OF FINANCING Square and Campus Martius, as well as the COMPLETION DATE Huntington Bank, Bank of Ann December 2019 Arbor, Comerica Bank, Public-private QLINE, several popular eateries and the DEVELOPER partnership with Detroit Economic bustling Woodward Avenue corridor. City Club Growth Council, the Michigan Economic Apartments, Development Corporation’s Community PROJECTED DOLLARS INVESTED Jonathan Holtzman, Revitalization Program (CRP), Qualified COMPLETION Undisclosed DATE Co-Chairman and Downtown Revitalization District, 2020 SOURCES OF FINANCING Commercial Rehabilitation District, CEO Undisclosed Neighborhood Enterprise Zone, DEVELOPER DOLLARS INVESTED Brownfield Tax Credits, Michigan Bedrock $78.8 million Department of Environmental Quality and Environmental Protection Agency Sources: Bedrock and The Detroit News

Source: City Club Apartments LLC

14 15 MEDICAL, OFFICE AND RETAIL DMC Sports Medicine Institute RESIDENTIAL 2715 Woodward Avenue Gabriel Houze The Sports Medicine Institute and Warner Norcross 305 Michigan Avenue + Judd LLP will occupy the new five-story building at 2715 Woodward Serving as the headquarters of the Avenue in The District Detroit. Located between Archdiocese of Detroit from the 1950s and the Mike Ilitch School of Business at Wayne State University, the $70 to 2014, Gabriel Houze is a 10-story, million, 127,000 square foot construction project will replace a former 9,500 square foot building at the corner surface parking lot at Sproat Street. The development will include four of Washington Boulevard and Michigan floors of Class A office space and street-level retail increasing density and Avenue. Originally known as the economic activity along Woodward Avenue. Building, Gabriel Houze showcases Chicago School and Classical PROJECTED DEVELOPER DOLLARS SOURCES OF Revival architecture elements and offers COMPLETION Olympia INVESTED FINANCING DATE 107 rental units. The building’s window Development $70 million Private Undisclosed line offers views of both the Detroit and of Michigan Financing Windsor skylines. Source: Olympia Development of Michigan PROJECTED DOLLARS INVESTED COMPLETION DATE $17 million September 2019 SOURCES OF DEVELOPER FINANCING RESIDENTIAL Barbat Holdings Undisclosed Eddystone Sources: Barbat Holdings and Houze Living 110 Sproat Street Redevelopment of the former Hotel has begun. There will be new, unique residential options for residents who want to live in Detroit’s sports and entertainment district. Restoration of the 13-story, Italian Renaissance-style building will include nearly 100 residential units. Listed on the National Register of Historic Places, the former hotel opened in the 1920s and was among three located on Park Avenue designed by architect Louis Kamper.

PROJECTED DEVELOPER DOLLARS SOURCES OF COMPLETION Olympia INVESTED FINANCING DATE Development $40.9 million Private Undisclosed MIXED USE of Michigan Financing

Source: Olympia Development of Michigan, Crain’s Detroit Business Hudson’s Block and Tower 1208 Woodward Avenue The approximately $910 million, one million square foot redevelopment of the iconic Hudson’s department store site is a landmark MIXED-USE attraction for visitors to Detroit. The project includes the ground-up development of one Fowler Building of the tallest towers in the city of Detroit. 1225 Woodward Avenue This building will include office, retail, hotel, residential and market space. The Fowler Building, located at 1225 Woodward Avenue, was built in 1911 and designed by the architecture firm Donaldson and Meier. According to historical documents, the building served as the home of Kline’s Ladies Wear PROJECTED DOLLARS INVESTED COMPLETION DATE $910 million up until 1958. Recently, and almost immediately following acquisition by 2023 Bedrock, construction began on the eight-story, 48,000 square foot building. SOURCES OF Updates to the building’s infrastructure and electrical are expected to be DEVELOPER FINANCING Bedrock Undisclosed completed in the next six to eight months, with a potential retailer moving into the 6,000 square foot first floor in 2020. Source: Bedrock

PROJECTED DEVELOPER DOLLARS SOURCES OF COMPLETION Bedrock INVESTED FINANCING DATE Undisclosed Undisclosed Undisclosed

Sources: Bedrock, The Detroit News, and Crain’s Detroit Business 16 17 OFFICE Little Caesars World OFFICE Headquarters Campus Expansion Michigan Central 2125 Woodward Avenue Station Nearly 30 years after moving its headquarters from the suburbs to the historic Fox 2001 15th Street Theatre offices in Downtown Detroit, Little Caesars is more than doubling the size of its Michigan Central Station, located in Detroit’s current campus to accommodate the company’s rapid global growth. The $150 million, historic Corktown Neighborhood, was once the nine-story, 235,000 square foot building is the global headquarters for Little Caesars. The gateway to the Motor City and was considered headquarters offers new amenities for employees, including a fitness center and an open to be one of the grandest railway stops in the glass terrace. This development is the first newly-built global headquarters building in the United States. It was last used by in city of Detroit in a decade. 1988 and has been vacant until its recent acquisition by in 2018. PROJECTED DEVELOPER DOLLARS SOURCES OF The 1.2 million square foot space will house COMPLETION DATE Little Caesars and Olympia INVESTED FINANCING Ford’s new Headquarters and Research Campus, Undisclosed $150 million Private Financing Development of Michigan employing over 2,500 Ford workers. The

Sources: Little Caesars and Olympia Development of will keep its historic feel while adding modern amenities including a public market- style on the ground floor, with offices in the upper floors. The project is anticipated to create RESIDENTIAL several thousand more jobs.

PROJECTED DOLLARS INVESTED Louis Kamper COMPLETION DATE $90 million 2022 SOURCES OF and Stevens Buildings DEVELOPER FINANCING 1410 and 1258 Washington Boulevard Ford Motor Undisclosed Company These two historic properties located on Washington Boulevard in Downtown Detroit were completed in 1926 and 1910, respectively. The buildings originally Sources: Crain’s Detroit Business, BBC News, and Archinect News housed banking and retail facilities and were then converted into 165 senior housing units in the early 1980s. Roxbury and Invest Detroit acquired the properties in 2016 and were both fully renovated with an exterior restoration and residential units, which preserved all units for affordable senior housing. There will also be 12,000 square feet of retail space, with the Detroit Beer Exchange and Grand River Ball Room as the first tenants in the Stevens Building. OFFICE

COMPLETION DATE SOURCES OF FINANCING One Campus December 2019 Sources of financing: Low Income Historic Tax Credits (LIHTC), Historic Tax DEVELOPER Credits (HTC), Michigan State Housing Martius The Roxbury Group and Development Authority (MSHDA) and Invest Detroit Detroit Home funds Expansion DOLLARS INVESTED 1 Campus Martius $28 million One Campus Martius is nearing completion Source: Roxbury Group, Crain’s Detroit Business, and The Detroit Free Press by Bedrock. Built in 2003, the original 16-story landmark office tower was designed by Rossetti and Hamilton Anderson and overlooks the award-winning OFFICE Campus Martius Park. The building includes a glass atrium with a 14-story water Marquette Building sculpture, a fitness center, a daycare facility, 243 West Congress Street restaurants, a variety of retailers and office tenants. The $95 million expansion will Constructed in the early 1900s, the 10 story Marquette Building is 164,000 provide 310,000 square feet of critically square feet with an exterior design consisting of limestone and multiple needed office space so Detroit can continue terracotta accents. A rehabilitation project is currently underway, which to attract new companies to sustain the includes an additional floor and plans to restore the exterior facade and city’s growth and momentum. historic elements of the building. The property was recently purchased by the Sterling Group, which plans on leasing the space. PROJECTED DOLLARS INVESTED COMPLETION DATE $95 million PROJECTED DEVELOPER DOLLARS SOURCES OF December 2019 COMPLETION DATE Sterling Group INVESTED FINANCING SOURCES OF 2020 $75 million Undisclosed DEVELOPER FINANCING Bedrock Undisclosed

Sources: Bedrock and Crain’s Business Detroit Source: WJE Associates Inc 18 19 OFFICE 511 Woodward Avenue 511 Woodward Avenue Located along the Woodward Esplanade at the foot of the , 511 Woodward is being brought to life by renowned architectural firm Yamasaki, Inc., and the Elia Group. The project will focus on integrated development planning between the public, private and nonprofit sectors. 511 Woodward is near the heart of Downtown Detroit and will serve as a hub for the city’s next generation of entrepreneurs, innovators and institutions. With more than 30,000 square feet of proposed office or retail space, the plan is to make the area more modern, approachable, exciting and unique.

PROJECTED DOLLARS INVESTED COMPLETION DATE $13.65 million November 2020 SOURCES OF DEVELOPER FINANCING Elia Group Undisclosed

Source: Crain’s Business Detroit and Curbed Detroit

PIPELINE DEVELOPMENTS

RESIDENTIAL/MIXED Broadway Lofts 1322 - 1332 Broadway Street Located in Detroit’s Paradise Valley Neighborhood, and the Broadway Avenue Historic District, this project will include the renovation of three properties into one single, multi-story building. Broadway Lofts will feature two retail spaces on the ground level totaling 7,219 square feet and a two or three story addition. Current plans call for a restaurant in one of the spaces and apartments in the levels above, totaling at least 28,000 square feet. There will be 36 studio, one bedroom and two bedroom units. There will also be alleyway improvements for a community gathering space with artful lighting, murals and public seating.

PROJECTED DOLLARS INVESTED COMPLETION DATE $11.9 million 2021 SOURCES OF FINANCING DEVELOPER Undisclosed Basco

Source: Detroit Brownfield Redevelopment Authority

20 21 HOSPITALITY HOTEL Detroit Police Harmonie Social Club Department 311 East Grand River Avenue Headquarters The building was constructed in 1894, occupied by 1300 Beaubien Street a society club until the late 1970s and later by an art gallery. The proposed redevelopment entails significant Located at 1300 Beaubien, in the city’s Greektown renovations to both the interior and exterior of the neighborhood, lies the former Detroit Police Department building for use as a mixed-use commercial property. The Headquarters. The building was designed by architect basement and ground floor will be renovated for use of Albert Khan in 1921 and a year later, the DPD’s traffic over 16,000 square feet of restaurant and lounge space. unit was the first to move in and stay until their departure The existing tenant, Colors Restaurant, will remain. The in 2013. A development timeline has not yet been second floor will offer an open co-working space with determined for the 240,000 square foot building. conference rooms for private meetings and events. The However, Bedrock intends to transform the structure third floor is approximately 8,200 square feet, which will through a partnership with Syncora Guarantee, Inc. include event space.

PROJECTED DOLLARS INVESTED COMPLETION DATE PROJECTED DOLLARS INVESTED Undisclosed COMPLETION DATE Undisclosed $13.6 million SOURCES OF 2020 DEVELOPER FINANCING SOURCES OF DEVELOPER FINANCING Bedrock Undisclosed Basco and Cole Undisclosed Financial Services Inc. Sources: Crain’s Detroit Business, The Detroit Free Press, and Commercial Property Executive Source: Detroit Brownfield Redevelopment Authority

RESIDENTIAL Gateway Harvard Center Building Square Centre Redevelopment 1346 Broadway Street 1101 Washington Boulevard Harvard Square Centre is located just south of Paradise Valley/Harmonie Park in the Broadway The Gateway Center Building is a six-story low-rise Avenue Historic District. Construction on the building off of Washington Boulevard near Capitol Park in was completed in 1925 with an Italian Romanesque, Downtown Detroit, originally built to house the neoclassicism architecture influence with a terracotta Finsterwald Furniture Company. It later became an exterior. The 51,000 square foot, 12-story building is office building with ground floor retail space before slated for mixed-use with residential, retail or office becoming vacant. The redevelopment proposal calls for space available. a new mixed-use development built on its site, as well as on a parking lot directly north. The fate of its first- PROJECTED DOLLARS INVESTED floor artwork, which was installed in the last year and COMPLETION DATE Undisclosed named the “lollipop girls”, is currently unknown. Undetermined SOURCES OF DEVELOPER FINANCING PROJECTED DOLLARS INVESTED Bedrock Undisclosed COMPLETION DATE Undisclosed 2021 SOURCES OF Source: Bedrock and Crain’s Detroit Business DEVELOPER FINANCING Karp and Associates Undisclosed

Source: Crain’s Detroit Business and Emporis

22 23 RESIDENTIAL Hastings Place MIXED-USE 1468 Randolph Street Monroe Blocks Hastings Street, a key street in the Paradise Valley Monroe and Farmer neighborhood, was razed in the 1950s and 1960s for the Monroe Blocks is a transformational mixed-use construction of I-75. Five projects are being planned to development situated on two city blocks at the revitalize the area. Hastings Place is the largest and will corner of Monroe Street and Farmer, near Campus be led by Paradise Valley Real Estate Holdings II LLC. Martius in Downtown Detroit. Bedrock is currently The development is located on surface lots at 1468-1498 extending the design period for this project and is Randolph Street and is expected to include: 60 loft pre-leasing office and retail tenants. apartments; 12,620 square feet of first-floor retail space; 17,800 square feet of Class A office space; and a new PROJECTED five-floor parking deck with 150 spaces. COMPLETION DATE 2022 PROJECTED DOLLARS DEVELOPER COMPLETION DATE INVESTED Bedrock 2021 Undisclosed DOLLARS INVESTED DEVELOPER SOURCES OF Undisclosed City of Detroit Downtown FINANCING Development Authority, Undisclosed SOURCES OF FINANCING Hiram Jackson, Queen Lillian Undisclosed Development Source: Bedrock

Source: Crain’s Detroit Business

RESIDENTIAL Leland House MIXED-USE/RESIDENTIAL Park Avenue Building Historic Renovations 2001 Park Avenue 400 Bagley Street After decades of neglect, there are now plans to update The upcoming renovations to the Leland House, the historic 2001 Park Avenue into an upscale, mixed-use prioritizing compliance to historic preservation structure. The 12-story, 105,000 square foot building was standards and guidelines, is expected to create a built in 1922 and designed by Albert Kahn, complete mixed-use 340-unit building comprised of 70,000 with a full 3,500 square foot basement space with 10-foot square feet of commercial and retail use. On adjacent ceilings. The property is located in Downtown Detroit’s parcels, a 650-space parking structure equipped with Central Business, Theatre, Entertainment and Stadium first floor retail will also be renovated. The Leland districts, just west of Woodward and Adams Avenues, House can be described as “a city within a city” across from Grand Circus Park. The development is combining market rate and luxury amenities with anticipated to have 6,500 square feet of first floor retail affordable housing for 76 tenants who pay 50% AMI space and up to 4,000 square feet of lower level retail Rent at about $650 per month. space, in addition to a mix of residential units, consisting of various floor plans: studio, one, two and three PROJECTED SOURCES OF FINANCING bedroom units. COMPLETION Low Income Housing Tax DATE Credits, New Markets Tax July 2021 Credits, Historic Tax Credits, PROJECTED DOLLARS INVESTED COMPLETION DATE $17-22 Million DEVELOPER Brownfield Tax Credit, Michigan 2021 Leland House State Housing Development SOURCES OF FINANCING Limited Authority Loan, Community DEVELOPER Undisclosed Partnership Development Finance Institution Rino Soave, Infinity Homes & Co. DOLLARS Fund Loans, commercial bank INVESTED loan and owner equity. $124 million Sources: Rino Soave, Crain’s Detroit Business

Source: Leland House Limited Partnership, Crain’s Detroit Business

24 25 HOSPITALITY OFFICE Park Avenue TCF Bank Tapestry Hotel 2305 Park Avenue Headquarters 2047 Woodward Avenue The Park Avenue Hotel was designed by renowned architect Louis Kamper in the 1920s as part of an In 2019, Chemical Bank merged with TCF Bank and effort to create a high-end commercial and residential the combined company is moving its headquarters to corridor along Park Avenue beginning at Grand Circus a 20-story mixed-use building in Detroit across from Park. Originally known as the Royal Palm Hotel, this . The new building will include 7,500 property is listed in the National Register of Historic square-feet of ground level commercial space, 185,000 Places. The new owners are planning a redevelopment square-feet of office space, 10 stories of parking and a of the 13-story hotel. Their preferred brand will be rooftop terrace overlooking the city. Estimates suggest Tapestry by Hilton, but negotiations are still in process. the new headquarters will provide a net benefit of more The goal is to keep many of the historic elements than $10 million to the City of Detroit, while contributing intact, including the exterior elevations. to the dynamic growth and success of Downtown.

PROJECTED DOLLARS INVESTED PROJECTED DOLLARS INVESTED COMPLETION DATE COMPLETION DATE $24 Million $104 million May 2022 2021 SOURCES OF FINANCING SOURCES OF DEVELOPER FINANCING DEVELOPER Brownfield and other Tax Sterling Group/ Undisclosed Downtown Hospitality Credits Detroit LLC Chemical Bank

Source: The Detroit Free Press and The Detroit News Source: Mkiezi Investments

OFFICE/RETAIL

Randolph Centre OTHER FUTURE DEVELOPMENTS Building 1435 Randolph Street and Brewster-Douglass 1455 Centre Street Located in Detroit’s Paradise Valley neighborhood, Site the Randolph Centre Building will be renovated and Beaubien Street and Winder Street enhanced as a mixed-use retail and office building. The development will feature a premier restaurant on the ground floor and office lofts on the three floors above, which will continue to be the headquarters for Hamilton Anderson Associates (HAA) who is Detroit Creamery celebrating their 25th year of business. HAA built a notable portfolio, including large scale projects Company in Detroit including City Modern, Elton Park, Little 1922 Cass Avenue Caesars Arena, The Hudson’s Site Development and the Motown Museum Expansion.

PROJECTED DOLLARS INVESTED COMPLETION DATE $6.8 million Wayne County Fall 2020 SOURCES OF FINANCING DEVELOPER Undisclosed Jail Site Hamilton Development 1400 St. Antoine Street Corporation

Source: Hamilton Development Corporation

26 27 ADELAIDE

JOHN R. JOHN Little Caesars Arena

WOODWARD WINDER

2ND HENRY

I-75 FISHER SERVICE DRIVE

I-75

MONTCALM

PARK Fox

WITHERELL COLUMBIA Theatre I-375

BRUSH

COLUMBIA Comerica

CASS Park

ELIZABETH

MGM Grand 3RD Casino ADAMS

Grand Ford Field Circus Park Detroit Athletic BRUSH Beacon Club Park BAGLEY Detroit PLAZA GRAND RIVER Opera

House MADISON 1ST

CLIFFORD JOHN R. BAGLEY

BROADWAY RAYNOR

ST. ANTOINE ST.

GRATIOT CLINTON

WOODWARD

GRISWOLD CASS

BEAUBIEN

3RD WASHINGTON MOVING STATE MACOMB

MICHIGAN Randolph Plaza MONROE

CHRYSLER SERVICE DRIVE SERVICE CHRYSLER

1ST

One RANDOLPH Atheneum Greektown SHELBY Campus Suite Casino MONROE Hotel Martius FARMER LAFAYETTE

W. LAFAYETTE Blue Cross Blue Shield Campus

3RD Martius Park of Michigan

BATES BRUSH W. FORT Penobscot

2ND Building FORWARD CONGRESS

BEAUBIEN W. CONGRESS

LARNED

LARNED

M-10 W. LARNED JEFFERSON I-375 W. JEFFERSON TCF Center FRANKLIN

GM Hart Plaza Renaissance TOGETHER Center ATWATER

he Downtown Detroit Partnership is a leader in downtown Detroit’s planning and infrastructure efforts and seeks to support neighborhood organizations that are identifying place-based projects throughout the TCentral Business District. The Greektown Neighborhood In 2018, Greektown Neighborhood Partnership (formerly known as the Framework Vision Greektown Preservation Society) embarked on a process to develop a vision for its neighborhood. Over the course of a year, a consultant team worked

CONSULTANT TEAM with the Greektown Neighborhood Partnership and other neighborhood SOM | HR&A | OJB | Sam Schwartz Engineering | McIntosh Poris Associates | Kraemer Design Group and citywide stakeholders to identify a common vision, thematic goals and opportunities to amplify the Greektown District in concert with Downtown Renderings courtesy of Greektown Neighborhood Partnership Detroit’s growth and development.

28 29 2018 Greek Heritage Festival

he Greektown Neighborhood Stakeholder Partnership board Tmembers developed the framework in order to expand Engagement Process the city’s momentum and re- Organized a team of local stakeholders, establish Greektown as a pre- 1 architects, urban planners, landscape designers eminent entertainment district and economic developers to evaluate all of with strong cultural roots and a Greektown’s existing conditions. roster of year-round programs 4,050 daily workers and experiences. Greektown Developed unified vision for the future of 80% in the food and accommodations sector has assets and opportunity 2 Greektown pursuing diversification of the sites that position it well for neighborhood while continuing to enhance the development, including surface existing history and culture of the district. and structured parking that 32 individual owners comprise approximately half of Outlined goals and aspirations for the its 50 acres. for Greektown’s 72 parcels ranging in size and development 3 neighborhood, focusing on those on which

type, many of which are long-time multigenerational owners stakeholders could agree. These ultimately The neighborhood will also be served as the driving force behind the planning impacted by the forthcoming and design process. redevelopments of I-375, Monroe Blocks, former Wayne Established five project principles that 17 buildings County jail site, Frank Murphy 4 were positioned to shape the design and built before 1900 Hall of Justice, Division I and implementation recommendations, which will II jails and 1300 Beaubien. include a size, scope, and implementation These new developments, timeline. along with the existing Approximately 1/2 of Greektown’s land area streetscape, have the potential Conducted iterative design process to develop to create a cohesive, connected 5 a vision plan. is currently dedicated to surface or structured parking, neighborhood in the eastern accommodating 6,300 parking spaces gateway to downtown.

Greektown 1830s 1880s 1920s 1965 1979 - 2000s Historical Neighborhood first Greek immigrants begin The neighborhood Community holds first Arena, Comerica Park settled by German moving to eastern becomes primarily Greek Festival in the and Ford Field open nearby. The Timeline immigrants. Downtown Detroit commercial, and interest of preserving neighborhood is transformed and open businesses. multicultural and celebrating local into an entertainment district Victorian-era commercial business ownership heritage; the area which supports the eating, architecture was built that increases. becomes outwardly drinking and parking needs of still stands today. associated with a stadia-goers. strong Greek identity. 30 31 Project Principles and Key Findings

Culture and History Development Celebrate Greektown’s unique cultural heritage and establish its identity as a Opportunities “complete neighborhood.” Optimize the economic potential of Greektown. • Preserve/rehabilitate architecturally significant buildings within the neighborhood • Fill-in vacant parcels/buildings on Monroe Street with compatible uses • Introduce public art at key gateway sites • Introduce new private uses such • Introduce signage and historic markers to celebrate The outcome of this process is the Greektown Greektown’s historic and cultural character as retail, office, residential and Neighborhood Framework Vision, released food and beverage within the in early September 2019. Broadly, the vision • Introduce design guidelines to guide design direction identifies a path for the neighborhood to have for new development neighborhood • Introduce new community uses both strong economic development and a robust within the neighborhood such as a public realm. It calls for a transition from primarily commercial to a more mixed-use district with school and cultural venues Public Realm residential components. Stakeholders believe Introduce a collection of active, diverse, and by diversifying uses of space in Greektown it will accessible public spaces. diversify how people use the district and create Neighborhood reciprocity between uses that does not exist today. • Introduce new usable public spaces The concepts produced in the Framework are a • Enhance the pedestrian environment on Experience roadmap for Greektown’s future development Monroe Street Create a unique, welcoming and demonstrate the exciting possibilities for an • Increase plantings within the public realm and safe Greektown experience essential area of Downtown Detroit. • Introduce new signage and wayfinding to advertise for all. and orient visitors to the neighborhood The framework makes a strong case for • Introduce more security personnel development in Greektown, though current market along highly-trafficked corridors conditions may not support it alone. Temporary Mobility and Parking such as Monroe Street and Brush activation and reducing building costs may be Street useful tools to spur development. Due to the high Evolve Greektown’s network of streets to better • Introduce traffic-calming and crowd- profitability of parking in the area, development accommodate multimodal and pedestrian control mechanisms on Monroe will only occur when the land value outweighs movement. Street the current value of parking to the land owner. However, since surface lots are only fully utilized • Increase bike/mini-mobility infrastructure along and in • Install more lighting along Monroe during events, their redevelopment may have more the vicinity of Monroe Street Street and Brush Street potential impact than others in the area. • Enhance parking offerings in strategic locations • Introduce designated drop-off zones within the To read the full framework report, please visit neighborhood Greektown Neighborhood Partnership’s website at www.greektowndetroit.org.

Create walkable space and increase pedestrian activity on Monroe Street, which is the heart of > Greektown today Activate alleys with storefronts Looking Propose four and public art new and improved parks and public Forward Enhance spaces in Greektown, wayfinding and including concepts neighborhood of Randolph Plaza at identification Gratiot and Randolph signage as a gateway to the 32 neighborhood 33 OTHER INVESTMENTS COMMUNITY SPACES Spirit Plaza

LEAD PARTNER Capitol Park Adams City of Detroit

Renovation Streetscape Renovations to the Project Improvement newly dedicated Downtown Detroit public LEAD PARTNER Project space include removal

Downtown Detroit LEAD PARTNERS of the Woodward Partnership Downtown Detroit Avenue median, a new Partnership and playground, stationary DDP is actively fundraising City of Detroit musical instruments, for the Capitol Park additional tables, chairs, Renovation Project. Phase Adams Avenue and Grand charging stations and One of the project will Circus Park will undergo drinking fountains. A include an 1,800 square streetscape enhancements performance stage will foot off-leash dog park. in early to mid-2020. There also be part of the space, The next phases will will be a new two-way which will highlight local incorporate electrical buffered bike lane along talent year round. The upgrades, curb extensions the entire length of the Detroit City Council and a food and beverage street, new landscaping approved the renovations kiosk. and wider sidewalks near for the 30,000 square

Source: Downtown Detroit Partnership Comerica Park and Ford foot plaza which will be Field, plus a new sidewalk funded by $800,000 in around the perimeter of city bonds. Grand Circus Park. Source: City of Detroit

Source: Downtown Detroit Partnership

34 Capitol Park renovation rendering 35 PUBLIC INFRASTRUCTURE PROJECTS

1

Coleman A. Young Municipal Building Improvements

Columbia Street rendering

2 ALLEYS: Columbia Parker’s Alley Larned Street

PEDESTRIAN-FRIENDLY DEVELOPER DTE gas line upgrade Street Bedrock PUBLIC SPACES DEVELOPER Olympia Development Parker’s Alley is one of Downtown Detroit’s In 2013, the Downtown Detroit Partnership co-led the of Michigan newest spots to shop. From The Lip Bar and 3 development of a report, “A Placemaking Vision for Downtown Good Neighbor to Posie Atelier, Drought Detroit,” which was based on input from 1,000 community The upcoming launch of this and Madcap Coffee, there is something for Downtown Detroit members on what could happen in some of our city’s most block-long, 40,000 square everyone. The curated small business oasis is iconic public spaces. foot shopping and dining named after Thomas Parker, one of the city’s Transportation Study destination will bring 10 first African-American landowners who owned a Fast-forward to 2019 and much of what was recommended new retail storefronts to a small parcel of the property from 1809 to 1816. and forecasted years ago has proven true. DDP’s Chief Public cobblestone festival street Parker purchased the parcel for $1 and sold it Spaces Officer, Bob Gregory, suggested that businesses located between the Fox for $1,500. 4 Theatre and Little Caesars developed in alleys may set a standard for retail operations Source: ClickonDetroit.com, Forbes downtown. World Headquarters. New Gratiot/Randolph Plaza restaurants and shops will include Union Joints, Cuban- In 2017, Gregory was quoted in a story that ran in the 220 West Congress inspired Frita Batidos, Rush publication Model D about pedestrian alleyways. He stated Bowls, Middle Eastern Sahara DEVELOPER that alleys “provide an opportunity to double-load some Restaurant and Grill and Basco storefronts and have a storefront that opens on an alley and apparel one that opens on a street.” retailer, The M Den. More Included in the 220 West Congress project restaurants are on the way is an alleyway that will offer an active setting Today, in addition to Bedrock’s well-established “The Belt,” and select businesses are set including green features, art, pop-up stores, three new prominent alley in Downtown Detroit showcase to open in Fall of 2019. bike racks, and café style seating and spaces to relax outdoors. The alley is near TCF Center creative approaches to finding function in spaces that in the Source: Olympia Development of Michigan and the Woodward Avenue Shopping District. past have been overlooked. Two are in development and one has been completed. Source: Downtown Detroit Partnership

36 37 David Stott Leland Building House Book Building and Tower

Gateway Center

Louis Kamper and Stevens Buildings

City Club Apartments CBD Detroit

Fowler Building

Shinola Hotel

One Campus Martius Expansion Hudson’s Block Parker’s Alley and Tower

Methodology DDP staff drew from a variety of sources – including the City, public meeting minutes, developers, news media and CoStar data – to track Downtown development. This publication includes select developments that are new building or major renovation (as opposed to an update or rehabilitation). “Current Projects” include buildings under construction or completed this year. The “Pipeline Projects” section includes selected projects that are likely to advance in the near future, but it is not a comprehensive list. Pipeline projects are subject to change and certain information that has been reported in the past may no longer be included in the report. Most project information was submitted by developers through email surveys. If information was not disclosed or responses were not submitted, DDP staff supplemented with information available from alternate sources including third parties and project websites. Note that some projects may not be included if information was not available or provided.

PHOTOGRAPHY PROVIDED BY REPORT DESIGN BY Nadir Ali, Olympia Development of Michigan and Bedrock Jason Willis 38 39 One Campus Martius 313.566.8250 Suite 380 [email protected] Detroit, Michigan www.downtowndetroit.org

@DowntownDet