Along with multiple other developments around New Center, the Platform is pitching a new mixed-use development next to the Fisher Building. According to Crain’s, this one would bring over 300 residential units, a grocery store, and a 484-space parking deck to the neighborhood.
This is still in the very early conceptual stages, and—along with the Platform’s Cass & York and the Fisher Building renovations—requires transformational brownfield incentives, most notably used in Dan Gilbert’s high profile developments. If the developers don’t receive the brownfield funding, this development is likely off the table.
The development would go up on the surface lot just to the west of the Fisher Building, and across from the Boulevard—formerly Third & Grand. The Boulevard at Third & Grand should start pre-leasing this fall, with move-in expected in early 2019.
A grocery store should be welcome news to New Center and Detroit residents. A Whole Foods sits about a mile away in Midtown, and Detroit has some local and regional (re: Spartan) stores and chains, but still few quality choices for residents. Two Meijer stores are located in Detroit on 8 Mile and Old Redford, and another is in the works on East Jefferson, although ground hasn’t broken on that development yet.
The Platform acquired the iconic Fisher Building in 2015 and have since made improvements and brought a variety of retail to the Art Deco gem. The development group also has plans for a variety of developments in the area, including Baltimore Station, which is currently wrapping up construction and residents should move in later this year. Chroma—with the Illuminated Mural—will also start leasing later this year.