Posted May 6, 2022, 5:34 PM
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Detroiter4life
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Join Date: Jul 2001
Location: Back home in Georgia!
Posts: 4,061
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A 20-story office tower is also planned at the JLA site...
Permit issued for Joe Louis Arena site apartment tower; office high-rise also planned
Quote:
The source also said that an office tower with at least 20 stories and 150,000 to 300,000 square feet is also planned to sit on the northern portion of the property. Construction timeframes for either a hospitality or office component are not known.
An affiliate of Detroit-based developer and landlord Sterling Group acquired the property and the arena's 3,000-space parking deck as part of a complicated $14.1 million deal struck in October 2019 with the city.
Sterling Group sold the parking deck to Grosse Pointe-based Foster Financial Co. on a land contract deal in March 2021, which Crain's later reported in June was for $36 million.
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https://www.crainsdetroit.com/real-e...h-rise-planned
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