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  #361  
Old Posted Apr 1, 2018, 4:27 AM
Detroit1995 Detroit1995 is offline
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Any updates? Seems like there's been no activity with this project, aside from building another parking garage...of course.
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  #362  
Old Posted Apr 1, 2018, 7:42 AM
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LMich LMich is offline
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Plenty still going on. The Wayne State University Ilitch School of Business is moving along:


The District Detroit

The Detroit Life Building is getting a facade restoration:


The District Detroit

And work starts this year on Columbia Street:


The District Detroit

This is not to mention that the Little Caesars Headquarters is still under construction. It's not as if the building trades in Metro Detroit doesn't have any work to do; they are pretty busy right now, don't you think?
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  #363  
Old Posted Apr 1, 2018, 8:13 PM
Detroit1995 Detroit1995 is offline
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Ah my mistake, I keep forgetting that the School of Business is included here. I've kept up on that and the LCHQ via the webcam. But outside of those two, there seems to be little to no work on much of the Cass Corridor part of the project - such as the Hotel Fort Wayne, Hotel Park Avenue, and the surrounding structures of LCA.
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  #364  
Old Posted May 1, 2018, 9:01 AM
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Olympia announced revised plans of this phase of Detroit Detroit, yesterday.

Olympia Development proposes nearly $200 million in new office, retail developments in District Detroit

2715 Woodward: medical/commercial offices



120 Henry: offices



2110 Park: (renovation)



1922 Cass: (renovation)



2210 Park: office (renovation)



111 Henry: office



http://www.crainsdetroit.com/article..._medium=social

Looks like the two Henry Street properties have been changed to office (and ground floor retail) usage leaving all residential development for renovation historic buildings.
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  #365  
Old Posted Jun 2, 2018, 7:29 PM
Detroit1995 Detroit1995 is offline
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A little surprised that the District Detroit's website hasn't added any additional construction cameras on these projects.
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  #366  
Old Posted Jun 7, 2018, 9:03 PM
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Docta_Love Docta_Love is offline
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Same here.


Quote:
Wayne State to move staff into new Mike Ilitch School of Business next week

By ANNALISE FRANK
Crain's Detroit Business
June 07, 2018

-200 staff and faculty members to move in to new offices
-University working out parking details with Olympia Development
-Classes to start at new building in the fall


Construction of the new Wayne State University Mike Ilitch School of Business on Woodward Avenue in Detroit is nearly complete. Staff and faculty expect to move in by June 15.

Wayne State University is preparing to move staff and faculty into its new Mike Ilitch School of Business starting next week and finalizing parking plans with Olympia Development of Michigan.

The $59 million construction project to create a new home for the business school at Woodward Avenue and Temple Street near Little Caesars Arena in downtown Detroit is nearly complete and classes are expected to start there in the fall, spokesman Steve Townsend said.

Final touches such as landscaping, furniture and audio/visual equipment will be installed over the summer. Around 200 staff and faculty will be moving offices by June 15 to the new 120,000-square-foot building. It will likely serve about 2,500-3,000 of the business school's expected 4,000 students for fall enrollment, Townsend said. Some classes will remain at Wayne State's main campus about 1.5 miles to the north.

The business school sits just north of Little Caesars Arena and the recently announced DMC Sports Medicine Institute. It's within the Ilitch family's 50 block District Detroit development area north of the downtown Detroit core.
http://www.crainsdetroit.com/article...-business-next
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  #367  
Old Posted Jul 10, 2018, 4:16 PM
Detroit1995 Detroit1995 is offline
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It's been well over a year since any activity was seen on the two developments that border the Chevrolet Plaza. None of the restorations have started either. But of course, a parking structure behind the new School of Business went up ASAP.

Typical Olympia, promise the world, get the main project finished (LCA), and never deliver on the rest.
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  #368  
Old Posted Jul 10, 2018, 7:09 PM
seabee1526 seabee1526 is offline
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The area is now classified as an Historic District. Were they waiting to see what the decision would be before they moved forward. Now that they can't demolish what are the options...move forward...let the area sit as is...sell?
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  #369  
Old Posted Jul 10, 2018, 7:51 PM
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Quote:
Originally Posted by seabee1526 View Post
The area is now classified as an Historic District. Were they waiting to see what the decision would be before they moved forward. Now that they can't demolish what are the options...move forward...let the area sit as is...sell?
Local historic designation doesn't necessarily prevent demolition, but there's a few more hoops to jump through to get it done. They're definitely not going to sell as they still have a grand vision for this area, this land the buildings are on included. If it's become too much of a hassle to get demolition done, they may concede to integrate the historic buildings into their grand plan.

The issue is often taxes and financing. Many financial and tax incentives currently available favor new construction over rehabilitation. Rehabilitation isn't impossible, but often the less significant a building, the harder it is to get money and the more strict criteria that need to be met to qualify such financing of tax credit.

The unfortunate reality is simply that parking lots and parking garages generate easy revenue and require low maintenance versus adhering to a multitude of various regulations to qualify for rehabilitation funding/tax credits. So for the time being these buildings will likely sit for a while even if there's new (non-parking) construction in nearby lots.
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