Little Caesars Arena Anchors District Detroit, Pistons Return
Located in the Heart of Downtown Detroit and accessible by the Q-Line Streetcar as well as public and regional bus systems, the Little Caesar’s Hockey Arena is a catalytic development project. Construction began in 2015 on the arena, which serves as the home to the NHL Detroit Red Wings and the NBA Detroit Pistons. It is owned by Detroit’s Downtown Development Authority and its land is leased to Olympia Entertainment, a subsidiary of the Red Wings’ parent company, Ilitch Holdings. This project will result in 1,100 permanent jobs in addition to 8,300 construction jobs.
“This sponsorship is another major investment by the Ilitch companies in Detroit, its great people and its comeback story. It’s a proud day for Little Caesars, the Detroit Red Wings, our community, and for my parents Mike and Marian Ilitch,” said Christopher Ilitch, President and CEO of Ilitch Holdings, Inc. “To have their first business as the namesake of this building in their beloved hometown is an amazing tribute to their careers and their love for the people here.”
The arena features a unique, glass-roofed concourse connecting it to the office and shops surrounding it. The project represents “one of the largest sports and entertainment developments of its kind happening in the country right now,” according to Tom Wilson, President and CEO of Olympia Entertainment. “For sports fans, there will be no other destination quite like it.”
The arena includes the construction of a new arena, which will anchor The District Detroit, a new 50-acre sports and entertainment district that will include mixed-use neighborhoods with new residential and retail outlets located around the Cass Corridor, Ford Field and Comerica Park.
In 2016, with construction of the new arena underway, the Detroit Pistons officially announced their move into the Little Caesars Arena in the fall of 2017. The team is returning to its hometown of Detroit nearly 40 years after former owner Bill Davidson took it to Oakland County.
The District Detroit will be 50 blocks of thriving businesses, parks, restaurants, bars and event destinations. It will be home to families, new residents and long-time residents and will connect Downtown and Midtown into one contiguous, walkable area. The District envelopes several theaters, MotorCity Casino and the Detroit Opera House. And while entertainment is a key component of District Detroit, the development will be mixed-use. The Piazza, for example, adjacent to the arena, will feature a large, open-air community gathering place where concerts and performances can be broadcast on super-sized display screens. The space will also include residential buildings and offices.