Detroit’s iconic Hudson’s block, which has sat empty since the department store’s flagship location closed in 1983, is now on the verge of a transformational development that would bring 250 new residential units and 225,000 square feet of new commercial/retail space to the heart of downtown Detroit.
The Downtown Development Authority (DDA), chaired by Mayor Mike Duggan, approved an amendment to its development agreement with Rosko Development, an affiliate of Bedrock Detroit, to allow it to build a high-rise development on the site that could be one of the most significant construction projects in downtown Detroit’s history.
The project also includes firm commitments from Bedrock for hiring Detroiters and providing 20 percent affordable housing units across its residential developments that receive city incentives.
The Hudson’s site has sat empty since the department store, once the tallest in the world, was demolished 18 years ago. Since that time, the city of Detroit has used the site as an underground parking garage. The development agreement requires Bedrock to buy Premier Garage from the city of Detroit for $15 million. Proceeds of the sale will be used to reduce the city’s outstanding debts.
“This is the Hudson’s block development Detroiters have waited three decades to see happen,” said Mayor Mike Duggan. “Its impact will be felt far beyond downtown into our neighborhoods for years to come through construction jobs, fulltime jobs and countless other opportunities that will be created as a result.”
Executive Vice President – Real Estate