Saturday afternoon, Crain's reported that Bedrock and three other companies were chosen to redevelop the Brewster-Douglass site and part of Eastern Market. While this is not a done deal yet and Saturday afternoon was certainly weird timing for a $267 million announcement, we have more details this afternoon.
Basically, the development would be on 20-25 acres across Eastern Market and Brush Park. The Eastern Market portion would include 3480 Russell St. and Shed 4. The Brush Park section is bordered by Wilkins/Alfred, Winder, Chrysler Service Drive, and Beaubien.
The other companies partnering with Bedrock are Enterprise Community Partners, Ginosko Development Co., and KBK Enterprises, and the group is submitting as Choice Detroit LLC.
The development would include an affordable housing plan. According to Crain's,
"When all is said and done, the multiple-phase project by Choice Detroit LLC is expected to include 900 to 1,000 units of housing ranging from low-income to market rate and costing approximately $267 million."
The project also includes 30,000 square feet of retail and commercial space, park spaces, and a federally qualified Health Center.
The next step for the project, as described in the Free Press, is for the Choice Detroit LLC recommendation to be approved by city council, so the city can apply for a federal Choice Neighborhoods Grant by June 28.
To recap, this is not a done deal. It has just been recommended.
- Gilbert's Bedrock, 3 other companies selected for $267 million development of Brewster-Douglass site, Eastern Market [Crain's Detroit Business]
- Gilbert's Bedrock may get Brewster-Douglass site [Detroit Free Press]
- Scenes from Today's Demolition Party at Brewster-Douglass [Curbed Detroit]