The below article from "dbusiness" website has the most up-to-date information on this project and a nice aerial rendering showing how the new building will fit into the existing landscape.

https://www.dbusiness.com/daily-news...etail-project/

Concerning the name Sugar Hill Arts District:
Sugar Hill was a thriving entertainment and nightlife district from the 1940s to 1960s, with many African-American-owned establishments. The Sugar Hill Arts District was designated a national and local historic district in 2002, based on its history as a center of Detroit jazz and entertainment venues serving diverse audiences.
Some other interesting tidbits:

An outdoor green space adjacent to the building will be developed in coordination with Midtown Detroit Inc., to connect with other “green alleys” located in Midtown and serve the building’s tenants, community residents, and visitors.
The design is one of the last projects by Phil Freelon, a celebrated Black architect. Freelon – whose works include the Smithsonian National Museum of African-American History and Culture in Washington, D.C. and Atlanta’s National Center for Civil and Human Rights – passed away in 2019.