Yet again another proposal for the Monroe Block. Although this one, headed by Dan Gilbert himself, actually has a good chance of making it though this time. However, the uncertainty will be how exactly big this will be as it's dependent on yet approved state tax credits. For now, these are just conceptual renderings on the target size and master planning of the project as there as yet no official architect for the project.
Target date for groundbreaking is in 2018.
Early estimate costs are $100 million plus.
Quote:
The first phase, the Monroe Block, would contain 600,000 square feet of space, including 35,000 square feet of retail, in the office tower. The second phase, the National Theatre block, would have 225,000 square feet, including 25,000 square feet of retail, in the residential tower. It was not known how many residential units are planned.
There would be an unknown number of underground parking spaces for both phases along with public open spaces at each.
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sources:
http://www.crainsdetroit.com/article...feet-of-office
http://detroit.curbed.com/2016/11/30...wn-development
http://www.freep.com/story/money/bus...629b4832ddc620