[DetroitSky]

This is unfortunate, but I'm glad they're keeping the Meijer portion of the project:

Long-delayed Meijer development in Detroit to move ahead without apartments

A mixed-use Meijer grocery store development that was expected to open on East Jefferson Avenue this year is being reconfigured. Crain’s Detroit Business reports that developers plan to go forward on the long-delayed project with just the grocery store component.

When it was first announced in 2017, plans for the $60 million development included 213 apartment units, a 43,000-square foot “small-scale” Meijer, and over 300 parking spaces (both above and underground). Now, the apartments are no longer part of the project due to rising construction costs that don’t meet average rental prices.

“We saw pricing go up 30-plus percent and unfortunately the numbers didn’t pencil with that increase,” Dennis Archer Jr., one of the project’s developers, told Crain’s.

No work has been done on the 2.5-acre site at 1475 E. Jefferson Avenue. Archer added that construction should begin spring 2020 and be completed in June 2021.

Ilitches score big tenant in new Detroit building: Boston Consulting

Boston Consulting Group plans to close its Troy office and relocate to Detroit in a new building that is now under construction next to Little Caesars Arena.

The global consulting firm will be one of three tenants in the five-story, $70-million building, 2715 Woodward, joining the Detroit Medical Center and law firm Warner Norcross and Judd.

The plans were announced Monday by the Ilitch organization, which is developing the building. Construction began in the spring and is expected to finish in early 2021.

Boston Consulting plans to vacate its Troy office at 201 West Big Beaver in the first quarter of 2021, and move all 100 employees to Detroit.

“Moving into Detroit connects us with our clients on a whole new level,” Michelle Andersen, managing director of the firm's Detroit office, said in a statement. “Our staff is thrilled to be part of the energy in Detroit, and ready for the expanded opportunities to find new sources of value creation for our clients and new chances for expanding the knowledge base of our team.”