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Bedrock Commences $1 Billion Redevelopment of Iconic Hudson Store Site in Downtown Detroit

58-Story Apt. Tower and 12-Story Mixed-Use Development to Deliver by 2022 on Former Site of Hudson's Department Store
December 19, 2017
Bedrock, a real estate firm and urban redevelopment specialist headquartered in downtown Detroit, broke ground on a $1 billion development on the former site of Hudson's Department Store at 1206 Woodward Ave. in downtown Detroit that, at full build-out, will boast the tallest building in the city.

The landmark project, which has been in the works for years, will erect two separate buildings, a soaring 58-story multifamily tower that will stand 800 feet tall, and a 12-story mixed-use building that will contain a ground-floor market and other flex space.

The multifamily tower will hold roughly 330 to 450 apartments, in addition to space for exhibitions, conferences, theaters and a public access 800-foot-high skydeck, offering the highest skyline views in Detroit.

The selection of J.L. Hudson's former flagship store, once the tallest department store in the world, for the site of this transformational development will help usher residents and visitors back to Woodward Ave. and take advantage of the foot traffic to Grand Circus Park and Campus Martius.

"Today downtown Detroit is officially going vertical," said Dan Gilbert, Bedrock founder and chairman. "Not only do we need projects like this one to meet the significant demand for office, residential and retail in downtown, but this development becomes the 21st century version of what Hudson's was to metropolitan Detroit for so many decades in the 20th century. In addition to creating opportunities for all Detroiters, this project will put our city on the radar of world class technology companies like Amazon and others."

The development is one of four, including Monroe Blocks, Book Tower and One Campus Martius, that Bedrock has pledged to construct as part of its $2.1 billion development initiative in Detroit. SHoP Architects out of New York and local architect Hamilton Anderson worked with Bedrock to help with the design process for this project.

According to CoStar information, this massive undertaking is expected to deliver by 2022.
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