Thanks to great collaboration and community engagement we now have a plan to redevelop the site of the historic Tiger Stadium.
The EDC has selected Larson Realty Group and its Tiger Stadium Partners, LLC, to build a mixed use development that will wrap around the Michigan and Trumbull blocks of the Tiger Stadium site. In addition, Detroit PAL and The Old Tiger Stadium Conservancy (OTSC) will build a new PAL headquarters along Cochran Street as well as manage a restored Tiger field.
The approximately $33 million Tiger Stadium Partners’ project includes a four-story building along Michigan with approximately 30,000 sq. ft. of ground floor retail and 102 residential units, an average of 800 sq. ft. each. In addition, the plan calls for 24 town homes along Trumbull that could be a for-sale product. Tiger Stadium Partners are considering an alternative plan that would increase density along Trumbull to a total of 141 units. They have committed that 20% of all of the units will be affordable housing.
Community involvement is a critical component of this project and Tiger Stadium Partners has committed to:
- Use a crowd funding program with a focus on Detroiters that will allow many individuals to become investors in the project;
- Use a comprehensive business and workforce participation and outreach plan consistent with efforts of other major development projects;
- Engage with existing programs such as the EDC’s Commercial Corridor Revitalization program and Hatch Detroit, to promote entrepreneurial opportunities and provide half of the retail space at reduced rental space at reduced rental rates for local entrepreneurs;
- In addition to traditional neighborhood meetings, utilize the website RevivetheCorner.com for the community to interactively engage in the future of the site and provide feedback on the design, business and retail needs for the neighborhood; and
- Assist the neighborhood with improving future appraisal values by potentially providing for-sale product.
Members of the Tiger Stadium Partners team include Larson Realty Group, Jenkins Construction, Rossetti Architects, Stokas Bieri Real Estate and University of Michigan Sports Management locally, as well as The Pauls Corporation, Fundrise and Popularize nationally.
Detroit PAL/OTSC worked with Pendulum Studios, a Kansas City, MO, and design architectural firm specializing in sports facilities, to develop its plans. Its project will include the restored baseball field with a gated entryway, ticket booth, historic memorabilia, lights, scoreboard, covered dugouts, homerun fence, seating for 2,500 spectators, covered pavilion and locker rooms. In addition, PAL will construct a new 9,300-sq-ft headquarters building that will include a banquet facility overlooking the field.
The total cost of the project is approximately $11 million and PAL expects to utilize $3 million of the $3.8 million federal earmark for it. The balance of the approximately $8 million is expected to be raised through grants and an extensive fundraising campaign.
Detroit PAL and OTSC have set fundraising milestones between June 30, 2015 and March 31, 2016 to maintain interest in the site.
These plans preserve the history of Tiger Stadium while at the same time provide for the future of the Corktown neighborhood, two historical sites important not only to our city but the region as well.
President and CEO