New $7.5 million development planned for Detroit's New Center
DETROIT – A new mixed-use development is coming to Detroit's fast-growing New Center neighborhood.
The $7.5 million investment is for the redevelopment of Woodward Grand at the North End Collective.
Midtown Detroit, Inc., made the announcement Friday, with the following information:
Woodward Grand and the North End Collective are part of a mixed-use redevelopment of the two-block Woodward Grand District. The Woodward Grand building, which is located on the southeast corner of Woodward Avenue and West Grand Boulevard, will include a total of 10,000 sq. ft. of retail space, 10,000 sq. ft. of office space and 10 units of housing, of which 30% are affordable.
The Woodward Grand will be the new headquarters for the Ralph C. Wilson, Jr. Foundation and will also include a new restaurant, Wilda's Café, from a founder of Rose's Fine Food. In addition to this investment, another $36.5 million is in the pipeline for this district which will all be under construction within the next two years.
“We are very appreciative of our lead funders including the Michigan Economic Development Corporation, Capital Impact Partners, Invest Detroit, PNC Bank, our partners including the Ralph C. Wilson, Jr. Foundation and to so many others who have helped bring this vision to fruition,” said Sue Mosey, Executive Director, Midtown Detroit, Inc. “We are all working collectively to open new housing and commercial space to help create a vibrant neighborhood in New Center along the new Qline.”
Other recent developments:
Earlier this week, the Detroit Fitness Foundation announced a new world-class cycling velodrome to be built.
December 2016: Wayne State University’s Board of Directors approved the sale of the Albert Kahn-designed building at 6001 Cass Ave. to The Platform, a Detroit-based real estate development company, for $2 million.
A total of 181 residential units are also planned for this property — which borders Antoinette Street, Cass Avenue and York Street — including approximately 64 apartment units and 48 condo units.
December 2016: New, affordable housing plans were announced in Midtown.
November 2016: Bedrock’s City Modern residential development broke ground, bringing 410 contemporary units to the historic Brush Park neighborhood.
7 historic homes, 43 town homes, 64 carriage homes, 36 duplettes, and 260 Flats will serve as the innovative link between Downtown and Midtown by establishing a sustainable, walkable, environment for a diverse community by 2018.
November 2016: It was announced that Detroit's North Corktown neighborhood would begin construction on new homes in the spring.
November 2016: Dan Gilbert's Bedrock unveiled their proposed plan for a new development on Monroe, between Greektown and Campus Martius in Downtown Detroit.
The high-rise office building would be the first new high-rise in Detroit since 2003, when One Campus Martius was built.
September 2016: The city of Detroit Downtown Development Authority approved development agreements for the $150 million Little Caesars World Headquarters Campus Expansion and the $24.4 million first phase of a mixed-use building on Henry Street.
September 2016: the city of Detroit released its ambitious plan to transform the old Brewster projects just west of I-75. The plans for one of the most critical housing developments in Detroit are significantly larger than originally discussed.
September 2016: Downtown Detroit's first stand alone luxury condominium project in 20 years is set to launch next door to Local 4's newsroom.
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