Developers anticipate MDOT property development request in New Center

January 19, 2016

By Kirk Pinho, Crain’s Detroit Business

Armed with nearly 3.1 acres of property ready for a new intermodal transit center along the M-1 Rail line, the Michigan Department of Transportation is expected to issue a request for proposals or qualifications this quarter that could lead the way for a new mixed-use development in the New Center area.Website Insert 5000 New Seats copy

Local developers have been looking forward to the possibilities offered by the site on the west side of Woodward Avenue between Amsterdam Street to the south and Baltimore Avenue to the north.

In addition to the intermodal transit center, which is expected to replace an existing Amtrak station on the site once it’s demolished, developers and MDOT see the potential for new multifamily and retail components on the property, which is bisected by railroad tracks.

“This is another excellent example of our ability to create a hub of activity on the northern end of greater downtown in partnership with the public and private sectors,” said Eric Larson, CEO of Bloomfield Hills-based Larson Realty Group and CEO of the Downtown Detroit Partnership.

“There are very few well-situated large-scale sites that ultimately not only would have direct impact, but ancillary impact to the surrounding development and momentum. This was one of them.”

 MDOT purchased the land from General Motors Co. in 1994 for $889,000, said Michael Frezell, communications manager for the department.

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