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DDA
Approves
Development
Agreements
for $175
Million
in
Mixed-use
Projects
in The
District
Detroit
DETROIT
- The
city of
Detroit
Downtown
Development
Authority
has
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.
“These
agreements
are
tremendous
news for
the city
and show
that The
District
Detroit
is
delivering
additional
jobs to
Detroit
workers
and
companies,”
said Rod
Miller,
President
and CEO
of The
Detroit
Economic
Growth
Corporation.
“The
fact
that
these
projects
have
moved
forward
this
quickly
is
especially
encouraging,
and we
look
forward
to even
more
progress.”
“From
day one
we have
been
committed
to a
Michigan
Made,
Detroit
Built
project
that
puts
Detroiters
and
Detroit
businesses
to
work,”
said
Christopher
Ilitch,
President
and CEO
of
Ilitch
Holdings,
Inc.
“We’re
pleased
to
continue
our
organization’s
long
history
of
creating
economic
opportunities
for
Detroiters
and
Detroit
businesses.”
Construction
on the
$150
million,
nine-story,
234,000
square
foot
Little
Caesars
World
Headquarters
Campus
Expansion
in The
District
Detroit’s
Columbia
Street
neighborhood
is
already
underway.
Expected
to be
complete
in 2018,
the
building
is
Detroit’s
first
newly
constructed
corporate
headquarters
in more
than a
decade
and only
the
seventh
since
1950.
Detroit-based
construction
manager
Brinker-Christman
is
leading
the
building’s
construction,
with
Detroit-based
architect
SmithGroupJJR
responsible
for
design.
The
mixed-use
building
located
on Henry
Street
near
Little
Caesars
Arena in
The
District
Detroit’s
Woodward
Square
neighborhood
will
create
significant
parking
options
for
residents,
visitors
and fans
and is
expected
to house
thousands
of
square
feet of
exciting
new
retail
space.
Concepts
for
residential
and
office
space
uses in
the
building
are also
currently
being
explored.
Detroit-based
joint
venture
Colisanti-MiG
is
serving
as the
construction
manager
for the
$24.4
million
first
phase of
the
building
currently
underway.
The
District
Detroit,
a
world-class
sports
and
entertainment
development
will
revitalize
50
blocks
of
underutilized
land in
the city
into new
restaurants,
shops,
residences
and
offices
connecting
Midtown
to
Downtown
Detroit
into one
vibrant,
walkable
area.
The
project
is one
of the
largest
of its
kind in
the
country
and home
to three
professional
sports
venues
and six
theaters.
Including
these
projects,
Little
Caesars
Arena
and its
surrounding
office
and
retail
spaces,
the
Ilitch
organization
has
broken
ground
on more
than $1
billion
in
projects
in
Detroit
in the
last two
years,
bringing
thousands
of
construction
and
construction-related
jobs to
the
city,
region
and
state.
Data
from the
University
of
Michigan
demonstrates
that The
District
Detroit
will
ultimately
account
for an
economic
impact
of more
than $2
billion
by 2020
and
create
12,500
construction
and
construction-related
jobs and
1,100
permanent
jobs. To
date The
District
Detroit
has
awarded
more
than
$315
million
in
contracts
to
Detroit
businesses
(nearly
60
percent
of
contracts
awarded)
and more
than
$500
million
in
contracts
to
Michigan
businesses
(more
than 90
percent
of
contracts
awarded).
Visit
www.DistrictDetroit.com
to learn
more
about
the
project
or to
get
involved
as a
business
or
supplier.
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