Quote:
Originally Posted by greatlakes
Just curious if anyone knows anything about the following proposed developments:
1) The Woodward @ Midtown - last I heard the developers partnered with another developer (The Platform) secured financing and even announced that a Kusso Chicken restaurant would be opening on the main floor.
2) SOMA Detroit - They provided a bunch of renderings and I believe West Elm Hotel had agreed to be part of the development.
3) Chemical Bank Headquarters
4) The Ilitch's so-called "District Detroit" - Ilitich stated that there would be massive developments surrounding the new arena. Is there any likelihood or news that he will develop the sea of parking lots around his new arena. The most frustrating open surface parking lot he owns is the giant lot on Woodward in between Comerica park and the Fox Theater (this seems like some of the most prime property in all of Detroit and could easily be developed - it has sat vacant for well over 20 years)
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1. the original developers are just not very trustworthy. they've had signs up since 2013 (!!) saying 'development coming soon'. they keep kicking the can down the road. with the platform getting on board i think that there's a lot more credibility to the group, but since that news release about kuzzo's and the platform a few months ago there has been absolutely no activity on the site, and not another whisper. if by next summer nothing is heard, consider it dead in the water until the original development group just jumps ship.
2. Not sure what to make of SOMA. they have beautiful renderings and an ambitious plan, i'm assuming they're trying to line up an anchor office tenant, you don't just build a 13 story office tower outside of the CBD on speculation. they have all the tools to succeed with the q line station RIGHT out front, and incredible freeway access and location. with west elm hotel too being an anchor tenant for the development you'd think we would've seen some action. who knows
3. that was only pretty recently announced, with the mayors office on board i think there's some more credibility too (although look at harmoine park), but i would imagine that should break ground officially by next summer.
4. hahahahahahaha
the illitches are one of detroits biggest slum lords. until they completely sell the property surrounding comerica/ behind the fox/ and surrounding LCA i expect absolutely NOTHING to come from their 'district' garbage. they are pathetic.
they announced retail and offices surrounding their parking garages, and BUILT THE FRAMES OUT, and have left them rotting.
the eddystone is STILL sitting windowless, after report and report saying that they're going to finally renovate it. i think they're trying to leave it exposed to the elements as long as possible to have an excuse to tear it down. god i hope the mayor and council lay the absolute hammer down if they even THINK about pulling a demo permit.
then... THEN.. they announce a new parking garage behind the eddystone.. in their press release talk about "oh there may be an office and retail component on the street side of it!!!"... and two weeks later the entire parking garage is COMPLETE!! and NOT A WHIFF OF RETAIL OR OFFICE SPACE!!!... but man oh MAN were they able to secure the financing and time to put that precious parking garage up in what seemed like record time. god forbid they use those resources to drive to a f**king wallside windows just to secure the damn Eddystone!!
repeat after me. THE ILLITCHES ARE DETROITS BIGGEST SLUM LORDS. PERIOD. UNTIL THE COUNCIL STARTS FORCING THEM TO PAY MAJOR FINES FOR WHAT THEY ARE DOING TO OUR CITY DEVELOPMENT FROM GRAND CIRCUS PARK UP UNTIL CHARLOTTE STREET WILL NEVER, EVER, EVER HAPPEN.