Detroit-based businesses are expected to earn about $13.5 million from subcontracts approved in August by the Downtown Development Authority (DDA) of the City of Detroit for work on the new Events Center project.
The subcontracts were awarded to:
• Midwest Steel, Inc., for structural precast concrete ($7,772,500)
• Crown Corr, Inc., for arena bowl cladding system ($11,832,633)
• Vector Foiltec, LLC, for via structure roof system ($5,877,887)
Midwest Steel is a Detroit-based business. Crown Corr will subcontract $3.9 million (33%) of the work to four Detroit-based businesses. Vector Foiltec will subcontract $1.8 million (31%) of the work to four Detroit-based businesses.
The three companies have agreed to comply with the Business & Workforce Participation Plan for the project, which facilitates training and hiring Detroit residents.
Under the terms of the Concession Management Agreement (CMA) between the DDA and Olympia Development of Michigan (ODM), the DDA has the right to approve the subcontracts between the ODM general contractor Barton Mallow-Hunt Joint Venture in association with White Construction Co. and subcontractors in amounts over $500,000.
Director of Project Management