Olympia Development of Michigan announced six developments in Midtown Detroit on Monday that represent a $ 200 million investment in the neighborhood of the Little Caesars Arena.  In developing these historic projects, the Olympic Development of Michigan becomes the often needed state To pursue state and local incentives makes them commercially viable, "the company announced in a press release. "Initial architectural and engineering work and leasing work are already underway."
Three of the six buildings are being renovated and three of the six are being rebuilt.
All in all, the projects will bring approximately 495,000 square feet of office space (425,000 square feet) and retail space on the street (65,000 square feet) online.
The three new developments are:
– 2715 Woodward Ave., a $ 65 million project that will stand between the Little Caesars Arena and the Mike Ilitch Business School at Wayne State University. Will have 110,000 square feet of office space and 17,000 square feet of retail retail space;
– 111 Henry, a $ 20 million office, retail and parking development that creates 50,000 square feet of office space and 7,000 square feet of retail space;
– 120 Henry, a $ 48 million project adjacent to Chevy Plaza in the Little Caesars Arena, will create 100,000 square feet of office space and another 20,000 square feet of retail space.
The three renovations are:
– 2210 Park, formerly the Detroit Life Building. The $ 17 million project will create 32,000 square feet of office space and another 6,000 square meters of retail
– 1922 Park, a building designed by Albert Kahn and designed by Albert Kahn Associates. Will bring 66,000 square feet of office space and 8,000 square feet of retail to Midtown;
– 2110 Park, a six-story building that will bring 47,000 square feet of office space and 10,000 square feet of retail space.
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