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:: Although
several of the County's older cities have “Central Business
Districts" such as Hamtramck, Dearborn, Plymouth, and Wayne,
the Central Business District [CBD] in Detroit is by far the
most significant. As the main port-of-entry to the state of Michigan,
the Detroit Central Business District has historically served
as the major office, retail and entertainment center for the
region.
:: Bounded
by Fisher 1-75 to the north, Chrysler 1-375 to the east, the
Detroit River to the south and the Lodge Freeway [M-10] to the
west, the Detroit CBD is easily accessed by both in-and-out travelers
and Canadian traffic. Characterized as a district that grew from
explosive development in the 1920s, the CBD development activity
fell sharply following the economic depression in 1929, and the
gradual shifting of employment, retail and entertainment to the
suburbs in the 1960s. In recent years, the area has experienced
increased activity both as an employment center and entertainment
district. Several new developments guaranteed to strengthen the
area are currently in the works.
General
Motors Global Headquarters
:: General Motors is nearing completion of the $570
million renovation and improvement of the Renaissance Center
for its new global headquarters.
Investment includes the renovation of 2.2 million square feet of office space,
upgrading the hotel facility, and the construction of a new winter garden and
plaza on the Detroit River. Upon completion, the relocation will bring 8,000
employees to the site.
Campus
Martius
:: Campus Martius is a 5 block, 2.5 million square
foot, mixed-use development located in the lower Woodward
Corridor of Detroit. The $1 billion, 9.2 acre
development will restore downtown to a tree-lined office and entertainment
district. The district will be a combination of brick, glass, decorative stone,
fountains, atriums, and small city park delineated by a traditional traffic
round-about. Compuware Corporation will serve as the centerpiece to the office
building component of the project.
Compuware
Corporation World Headquarters
:: Compuware Corporation is currently constructing
a new $350 million facility within the Campus Martius development
site. The 1.1 million square
feet, 15-story facility will be the world headquarters for the fifth largest
computer software company in the world. The facility will boast 60,000 square
feet of retail, an employee fitness center and an attached 12 story parking
structure.
Orchestra
Place
:: The first phase of this two phase project in the
Midtown Woodward Corridor was completed in 1998, and constructed
the 175,000-sq. ft., $32 million
office and retail building. The building serves as the new headquarters for
the Detroit Medical Center and has a first-rate restaurant and a bank on the
first floor. The second phase includes $60 million expansion of the symphony's
home, Orchestra Hall.
Stadia
Complex
:: The
Detroit Tigers and Detroit Lions have each constructed a new
stadium on the north end of the CBD at a combined investment
of $600 million. The Detroit Tigers relocated from their Corktown
site just west of downtown Detroit in April of 2000 into the
new 42,000 seat modern Comerica Park. The Detroit Lions will
vacate the Pontiac Silverdome in 2002 as they relocate into
the 65,000 seat Ford Field. The one million square feet facility
will include suites and office and entertainment space partially
built into an existing warehouse CBO building.
Gaming
Casinos
:: Between 1999 and 2000, three gaming casinos were
opened in the downtown area. Each was located in an existing
building which the casino companies extensively
rehabilitated for this new use. Originally the sites were meant to be temporary
facilities, although at the time of printing, agreements had been set forth
for each operator to select permanent siting. Each casino now proposes to develop
a minimum of 400 hotel rooms connected to the facilities and currently employ
approximately 6,500 employees.
Dime
Building
:: Located
in the heart of the central business district, Griswold Place
offers class "A" office space within the grace of
an historic skyscraper. $22 million is being invested to restore
the historic, 23-story office building. A skywalk will connect
the building to a parking deck.
Other
Projects
:: A number of small-scale retail and office developments
are occurring throughout the CBD area, including a dozen
new restaurants and nightspots.
Loft-style housing is being introduced into formerly vacant historic office
buildings on the upper floors with retail uses on the street level.
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