Dan Gilbert Breaks Ground On New Development In Downtown Detroit
DETROIT (AP) — Dan Gilbert has officially broken ground on a mixed-use building project on a mainly vacant, high-profile piece of downtown Detroit.
The ground is officially broken on Monroe Blocks. pic.twitter.com/zIfLv6nepR
— Bedrock (@BedrockDetroit) December 13, 2018
Officials attended the event Thursday for the development dubbed Monroe Blocks. The project encompassing two city blocks facing Campus Martius Park is owned by Gilbert's company Bedrock.
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The project will be anchored by a 35-story office tower and includes a 17-story residential building. Plans also call for retail areas and roughly an acre of open space.
The work is scheduled to be finished in 2022.
The Monroe Blocks plan re-introduces historic alleyways and public access points, while prioritizing the public realm both outdoors and in each structure's ground floor. pic.twitter.com/edLAfem0uM
— Bedrock (@BedrockDetroit) December 13, 2018
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Michigan's economic development board this year awarded $618 million in tax incentives to Bedrock for $2.1 billion in Detroit developments that include Monroe Blocks. Another project is what's expected to be Michigan's tallest building on the site of the former J.L. Hudson department store.