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Tuesday, October 7, 2008

$150-MILLION COMPLEX (WAS) PLANNED FOR DOWNTOWN

Originally Posted 1/6/08
Updated 10/7/08

10/7/08 Update

Nevermind. Looks like the "Cadillac Centre" probably isn't going to happen. In this economic climate it's not surprising, but it's disappointing nonetheless. This project was really going to stick out as something new and innovative. Oh well...

"The proposed Cadillac Centre project, which could be one of Detroit's most notable downtown developments of recent years, appears to be in trouble and may not happen."

"The Detroit Economic Growth Corp. issued a statement late today saying the New York-based developers had failed to meet certain pre-development milestones and instead had asked permission to offer a modified plan for the site. The DEGC, a quasi-public arm of the city, said it had rejected that request."

See the entire article here
See even more up to date information here

Original Post 1/6/08

Woke up this morning to some very exciting news. The development will be called the "Cadillac Center" and will fill in the last empty parcel surrounding Campus Martius. This is craazy.

Link Below:

$150-million complex planned for downtown

Detroit Army

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