Plans unveiled for $650M Red Wings arena, entertainment district in Detroit

UPDATE: Renderings Released July 20, 2014
With the release of the renderings discussion of this topic will continue at the new thread:
Ilitch Announces Huge Plans For Red Wings Arena Project - Renderings Released

The announcement of the new rendering was first cited on this thread. Click here to jump to those posts, after which this thread was closed to further posting.

http://www.crainsdetroit.com/apps/pb...2.jpg&MaxW=630

----------------------------------------------------------
Original June-19-13, 02:24 PM Starting Post follows:
Detroit — Plans for a $650 million Red Wings hockey arena and entertainment district are being unveiled Wednesday before the city’s development arm.

More...

From The Detroit News: http://www.detroitnews.com/article/2...#ixzz2Wgi4aH9T

TERRIBLE!

No residential.
A big ass parking garage.
Only 35k ft^2 of retail.
And a bit over 100k ft^2 of office.

Just terrible. Might as well be sprawly, too.

After the new stadium is completed, it will be called LITTLE CAESAR'S AREA. It won't be named under Joe Louis.

Quote:

---

Originally Posted by Eber Brock Ward

TERRIBLE!

No residential.

Just terrible. Might as well be sprawly, too.

---

"Under the concept proposed by Ilitch Holdings, the new hockey arena or multipurpose events center would anchor a 35-acre downtown district featuring sports, entertainment, stores and housing..."

M Live is live-blogging the DDA meeting...

http://www.mlive.com/business/detroi..._river_default

Quote:

---

Originally Posted by Danny

After the new stadium is completed, it will be called LITTLE CAESAR'S AREA. It won't be named under Joe Louis.

---

Illitchland. Thanx, taxpayers!

Quote:

---

Jackson: surrounding the arena will be "urban feel, with urban density" - mixed use developments, etc.

---

http://www.mlive.com/business/detroi..._river_default

Geez, only 300 million in taxpayer dollars for another Comerica-style suburban design?

Why not have us pay for the whole thing? Lord knows we're swimming in dough here in Metro Detroit.

Quote:

---

Originally Posted by artds

"Under the concept proposed by Ilitch Holdings, the new hockey arena or multipurpose events center would anchor a 35-acre downtown district featuring sports, entertainment, stores and housing..."

---

You have to read between the lines. He is not obligating himself to anything beyond the stadium, the parking garage, and about 150k square feet of retail and office.

The housing and all the stuff we got excited about are simply aspirational at this point, and he's not bound to do it. He already got his money/subsidy, and has a bad track record.

Needless to say, I'm not optimistic about how it will end up.

That's a lot of public funding... I thought it'd be closer to 70/30.

Quote:

---

Originally Posted by Spartan

That's a lot of public funding... I thought it'd be closer to 70/30.

---

And hardly a word of protest will be said. But if you try to build a rail transit line for the same dollar amount then that's just derided as a waste of money.

This is certainly encouraging [[from mLive live blog)
http://www.mlive.com/business/detroi...t_vote_by.html

According to DEGC documents, Olympia Development "has committed, and/or will induce other private developers to commit, at least $200 million for other developments within the Catalyst Development Area"

Next "no concrete plans yet but, oh yeah, we want your money" announcement is due Sept. 15.

http://www.detroitnews.com/article/2...#ixzz2Wgi4aH9T

I'm liking what I'm reading.

Woodward was always my #1 location for an arena.

The rest sounds pretty good.

Other projects that could be part of the $200 million additional development include:
■ 140,000 square feet of new mixed office and retail development on Woodward at Sproat St.
■ 25,000 square feet of office and retail development along Woodward
■ Several parking structures with a total of 25,000 square feet of retail
■ Renovation of the Detroit Life Building at 2210 Park Ave. for 3,645 square feet of retail and 35 residential units
■ Renovation of the Blenheim Building at 81 W. Columbia St. for 1,833 square feet of retail and 16 residential units
■ Renovation of the building at 1922 Cass Ave. for 70,000 square feet of office space
■ A new hotel-retail development with a 20,000 square feet of ground floor
■ Parking lots and other amenities

From The Detroit News: http://www.detroitnews.com/article/2...#ixzz2WgvBEIma

What a joke. One of the richest men in Michigan needs to take money from education to make his own playground.

Quote:

---

The $12.8 million comes from school taxes collected by the Downtown Development Authority. This revenue stream, which could vary each year depending on the economy, would pay for bonds that would be used to finance construction.

From The Detroit News: http://www.detroitnews.com/article/2...#ixzz2Wgwxx1Si

---

Quote:

---

Originally Posted by Eber Brock Ward

You have to read between the lines. He is not obligating himself to anything beyond the stadium, the parking garage, and about 150k square feet of retail and office.

The housing and all the stuff we got excited about are simply aspirational at this point, and he's not bound to do it. He already got his money/subsidy, and has a bad track record.

Needless to say, I'm not optimistic about how it will end up.

---

Technically it is still mixed-use even without residential. It will be serviced by M-1 and several DDOT and SMART bus lines. You wanted development along Woodward due to the rail line? Well here it is!

I don't know that it's that bad. After all, look how wonderfully the promised retail frontage on Woodward by the ball park turned out. In fact, that open green space [[well, ok, it's a little bit dusty and brown) is BETTER than having nasty stores cluttering up our downtown. And a huge parking garage too! Just what we needed more of. And we can make all those hockey fans so nice and comfy, all for just a little bit more of our money than a stupid public transit line would have cost us. What a deal!

So far everything outside the arena [[and of course parking structures) is smoke and mirrors. The DDA should require several of these building renovations be a contractual requirement as part of the approval. The Ilitch's have never done any residential in the past and there is no reason to believe they will start now unless they are forced to.

Does it appear that the new arena will buttress right against the Fisher and end at Sproat to the north? Development begins at the NW corner Woodward/Sproat?

I previously thought the arena might be placed along Woodward. Between Henry and say Temple.

Quote:

---

Originally Posted by emu steve

http://www.detroitnews.com/article/2...#ixzz2Wgi4aH9T

I'm liking what I'm reading.

Woodward was always my #1 location for an arena.

The rest sounds pretty good.

Other projects that could be part of the $200 million additional development include:
■ 140,000 square feet of new mixed office and retail development on Woodward at Sproat St.
■ 25,000 square feet of office and retail development along Woodward
■ Several parking structures with a total of 25,000 square feet of retail
■ Renovation of the Detroit Life Building at 2210 Park Ave. for 3,645 square feet of retail and 35 residential units
■ Renovation of the Blenheim Building at 81 W. Columbia St. for 1,833 square feet of retail and 16 residential units
■ Renovation of the building at 1922 Cass Ave. for 70,000 square feet of office space
■ A new hotel-retail development with a 20,000 square feet of ground floor
■ Parking lots and other amenities

From The Detroit News: http://www.detroitnews.com/article/2...#ixzz2WgvBEIma

---

Sounds good? It should. We've heard it before. Ilitch acquired the Detroit Life and Blenheim Apartments to renovate in 1988 as part of the taxpayer subsidized Fox Development. We've only been waiting 25 years.

About the only thing we can count on in that list is "Several parking structures" and "Parking lots."

I like the idea of connecting midtown and downtown. We just need to make sure to maintain streetwall and retail along Woodward. Shops should be lining Woodward, NO CAMPUS.

This makes the M1 Rail project even more appealing now that it will be the connector for getting people from the Wings games to other parts of downtown.

Quote:

---

Originally Posted by 401don

So far everything outside the arena [[and of course parking structures) is smoke and mirrors. The DDA should require several of these building renovations be a contractual requirement as part of the approval. The Ilitch's have never done any residential in the past and there is no reason to believe they will start now unless they are forced to.

---

Agreed. This has to be approved by the EM. I wonder what he has to say about it.

Quote:

---

Originally Posted by DetroitPlanner

Technically it is still mixed-use even without residential. It will be serviced by M-1 and several DDOT and SMART bus lines. You wanted development along Woodward due to the rail line? Well here it is!

---

Yeah, but quotes from late last and early this year included a residential component.

Now it's "could" include. Nice. We gave away the subsidy.

That said, I'd like to see the MOU that everyone's considering.

How does it require residential, if at all? And how is "residential" scoped out? Is it just simply "residential", or does it require a certain density/scale?

How can we enforce it if surface lots remain or he fails to produce? If the DDA money is paying off its own bonds, the proceeds of which already went to the project, we obviously can't claw back from Olympia. Does it include a provision that denies the leased/concession premises to the Wings if Olympia fails in its development responsibilities?

And so on. As always, the devil is in the details. I'm obviously not optimistic, in that I expect to see fancy renderings and what not relatively soon, but expect to see no more than what Olympia/Ilitch is absolutely obligated to perform, with a useful enforcement mechanism.

Has the city and/or Ilitch done anything yet about the "up to $70 million" in fees owed the city on the Joe Louis Arena television contract first reported on in December and discussed in this DetroitYes thread?

City of Detroit "hasn't been able to collect a dime" for JLA Cable from Ilitch

how far north does it go?