Although all recent news, or lack thereof, seemed to leave the Shoppes at Gateway for dead, the Detroit News reports today that developers at Gateway Park LLC, are moving forward with plans to build the open air mall at Woodward and 8 Mile, by the state fairgrounds. Plans are in order for 40 shops between 5,000 and 10,000 feet, with a mix of medium to upscale discount, and as one investor proclaims, there will be no dollar stores. That it had to be mentioned that there would be no dollar stores involved is...well...funny.
In any event, the plan has always been to attract shoppers from both Detroit proper and bordering cities close to the 8 mile and Woodward border. Some in the industry are not optimistic about those chances, but the Detroit News reports that, "More than 60 percent of the retail space in the 365,000-square-foot mall has been leased, and the developers are in talks with two major retailers -- one for a 190,000-square-foot anchor store and the other for a 40,000-square-foot space, according to Bernie Schrott, one of five partners in Gateway Park LLC." Which stores might be the new anchors are unclear. JCPenny was announced as one anchor in 2007, but subsequently backed out of its commitment as the economy faltered.
Many missteps have occurred, and plans have gone awry since this project was first announced about 3 or 4 years ago, but the most recent news can be seen as encouraging. At the same time, the project was granted tax and other incentives when it was first announced, and those incentives expire July 1, which may have something to do with the Developers' latest proclamation that the mall is moving forward.
Either way, we'll keep you updated...
See the entire Detroit News article regarding the Shoppes at Gateway here.
Ann Stavrou, Shelby Township, carries her granddaughter Ann, 2, as she marches in the parade. - Traditional Greek soldiers, known as Evzones, march along Monroe during the 15th annual Greek Independence Day Parade in Detroit on April 17, 2016. 15th ...
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