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DDA approves $175M for mixed-use developments in the District Detroit

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One more building in the District Detroit is announced

Henry Street development
Olympia Development

The City of Detroit Downtown Development Authority has approved development agreements for the $150 million Little Caesars World Headquarters Campus Expansion and the $24.4 million first phase of a mixed-use building on Henry Street. It will be north of the I-75 Service Drive and west of Park on Henry. A hotel on Henry Street is still in the works, with no official announcement yet.

The mixed-use building on Henry Street is the first residential piece we’ve seen in the District Detroit, although it’s unknown at this time how much residential, office, and retail will be housed there. The press release says there’s potential for parking and thousands of square feet of retail space. By the looks of it, there should be a pretty decent amount of parking.

Detroit-based joint venture Colisanti-MiG is serving as the construction manager for the $24.4 million first phase of the building currently underway.

The Little Caesars World Headquarters, across the street from the Fox Theater, broke ground last week. The nine-story, 234,000-square-foot building is expected to be completed in 2018.