Really good article talking about how Bedrock is building buzz for the East Riverfront District. I really hope this year we see some major projects announced for the area.


Bedrock's move into East Riverfront builds buzz for Detroit neighborhood

The area between Jefferson Avenue and the river has seen some progress thanks to ongoing efforts of the Detroit Riverfront Conservancy. Now signs are emerging that the city’s plans will gain additional momentum from another key stakeholder: Bedrock, the real estate arm of mortgage mogul Dan Gilbert.


“When you have one major player who is investing in a specific geography, it’s much more impactful than having smaller individual investors all competing with each other,” said Mark Wallace, CEO of the Detroit Riverfront Conservancy. “That’s one of the reasons I’m excited about Bedrock being in the neighborhood.”


Last month, Bedrock announced it had bought the shuttered Roberts Riverwalk Hotel on River Place Drive. That follows the purchases last year of Stroh River Place on River Place Drive and the former UAW-GM Center for Human Resources on Walker Street.


Bedrock has said it wants to further position the riverfront “as the ideal sustainable urban neighborhood.” The city’s East Riverfront stretches along Jefferson from Rivard Street east to Grand Avenue. Within those boundaries, Bedrock has said its property consists of more than 900,000 square feet of office space, amenities and residential space, as well as 1,600 parking spots.
https://www.detroitnews.com/story/ne...t/69745469007/