The Arena Lofts
120 Henry St.
Build:Rehab
Status:Under construction
Uses:
ResidentialRetail
What's happening?
Plans to develop a 153-unit building with retail next to Little Caesars Arena were announced by Olympia Development in 2017 as part of its large-scale plans for the District Detroit "neighborhoods" surrounding LCA, which came with nearly $400 million in taxpayer subsidies. (Olympia has reportedly invested $1.4 billion in the District.) In 2018, Olympia changed course and said it planned to build a $48 million office and retail development instead. Construction was initially scheduled to begin in 2017. As of 2021, some work has taken place on the site.
Sources: MLive, Detroit Free Press, BridgeDetroit, Crain's Detroit Business
What are the property details?
Parcel ID: | 02000606-638 |
---|---|
Taxpayer: | DOWNTOWN DEVELOPMENT AUTHORITY |
Taxpayer address: | 500 GRISWOLD STE 2200 DETROIT MI 48226 |
Dimensions: | 0 ft by 0 ft |
Source: Open Data Portal
Where is it?
What does it look like?
2017 rendering of the Arena Lofts. Credit: District Detroit
The page was last updated at 7:03pm on 3/31/23.