Target says deal for Detroit location is dead, but developer disagrees



Target Corp. says it has abandoned its plan to build a small-format location at a key Detroit intersection, but the developer behind the project says the store is still happening.
In a statement to Crain’s Tuesday evening, a spokesperson for the Minneapolis-based retail giant said that due to “ongoing delays and complications” getting the project at Woodward and Mack avenues out of the ground, the company is “no longer pursuing a store in this location.” The statement did not elaborate, and it’s not known whether the company is exploring other sites that could become Target’s only outpost in Detroit.Farmington Hills-based City Club Apartments LLC, run by Jonathan Holtzman, is the developer of that portion of the broader South of Mack Avenue development site at Woodward and Mack. The site is about seven acres, while City Club's portion — which is envisioned to have more than 300 residential units and other uses — is about 2.4 of that.



In a statement Tuesday evening, Holtzman said the project is still moving forward — with Target.

"We have a legally binding lease," Holtzman's statement through a spokesperson said. "We don’t have a letter from Target expressing their intent to cancel or modify the lease. We continue to move forward with our plans for this exciting mixed-use apartment and penthouse development.”
https://www.crainsdetroit.com/real-e...oper-disagrees