The site of the former Hudson’s department store in Detroit has been sitting vacant since 1998. But there’s new hope that the site on Woodward Avenue could soon be filled with upwards of $100 million in development.
The Wayne County Commission’s Economic Development Committee met Tuesday to go over a plan masterminded by prominent businessman Dan Gilbert and his real estate group to develop retail and loft-style housing at the site.
In a statement, Gilbert told Local 4 a development entity for Bedrock Real Estate and/or its affiliates was requesting a 15-year extension of the renaissance zone, just north of the Compuware building.
"Bedrock and its affiliates currently own rights to develop the site and are evaluating options to do so, including potential retail, parking and residential loft-style apartments at some point in the future," Gilbert said.