Posted Oct 30, 2013, 7:27 AM
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Midwest Moderator - Editor
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Join Date: Jan 2002
Location: Big Mitten
Posts: 31,745
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Looks like Wayne County is ready to give the failed jail site to Rock Ventures to expand Gilbertown:
Quote:
Crain's Detroit Business
Source: Wayne Co. Commission expected to OK Gilbert bid for jail site on Wednesday
by Dustin Walsh | Crain's Detroit Business
October 29, 2013
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Rock's plan is a $500 million development of 1.7 million square feet of space, with 700 residential and hotel units with 200,000 square feet of retail and parking.
The source said Rock's bid was in the $40 million range.
In a previous interview, Rock CEO Matt Cullen told Crain's the project could resemble L.A. Live, the $2.5 billion, 5.6 million-square-foot development in Los Angeles that includes the Nokia Theatre, Grammy Museum, ESPN broadcasting studios, two hotels, condominiums and several restaurants. L.A. Live is next to the Staples Center, a multi-purpose arena.
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