sourceAnchored by the $250 million Detroit Center for Innovation, a University of Michigan graduate school campus focused on research and innovation, the updated Ross/Ilitch plan would bring a long-envisioned new hotel to the unused land south of the arena, new office and retail space on the Woodward-fronting surface parking lots for Comerica Park, more commercial development along Columbia Street and affordable and market-rate residential space along Park Avenue.
Some of the development unveiled today — the Woodward project [[originally residential), the hotel on Henry Street and a community space over I-75 [[long envisioned as retail) — has conceptually been on the Ilitch family's Olympia Development of Michigan's real estate company's drawing boards, Crain's has previously reported, although none of it has gotten off the ground.
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