{"id":1004109647,"date":"2014-12-17T07:28:01","date_gmt":"2014-12-17T15:28:01","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=314858"},"modified":"2020-04-27T23:19:56","modified_gmt":"2020-04-28T07:19:56","slug":"developers-selected-for-tiger-stadium-site-redevelopment-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/developers-selected-for-tiger-stadium-site-redevelopment-2\/","title":{"rendered":"Developers Selected for Tiger Stadium Site Redevelopment"},"content":{"rendered":"<p><em>By Veronica Grecu, Associate Editor<\/em><\/p>\n<p>The long-vacant site of the iconic Tiger Stadium is one step closer to being brought back to life now that the Detroit Economic Development Corporation (DEDC), which is part of the Detroit Economic Growth Corporation (DEGC), has announced the development team for the 9.5-acre property.<\/p>\n<div id=\"attachment_314861\" class=\"wp-caption alignright\" style=\"width: 160px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/The-Corner-Tiger-Stadium-Redevelopment-Detroit.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-314861\" title=\"The Corner - Tiger Stadium Redevelopment - Detroit\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/The-Corner-Tiger-Stadium-Redevelopment-Detroit.jpg\" alt=\"The Corner - Tiger Stadium Redevelopment - Detroit\" width=\"150\" height=\"150\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">The Corner &#8211; Tiger Stadium Redevelopment &#8211; Detroit<\/p>\n<\/div>\n<p>Located at the corner of Michigan Avenue and Trumbull Avenue in Corktown, one of the oldest residential areas in the city, Tiger Stadium was demolished in 2008. After nearly six years, in March 2014 <a href=\"https:\/\/www.commercialsearch.com\/news\/cities\/detroit\/detroit-launches-rfp-for-housing-office-and-retail-project-at-old-tiger-stadium-site\/1004093636.html\">City officials issued a Request for Proposals to redevelop the site<\/a> through a mix of residential, office and retail space on two parcels along Michigan and Trumbull Avenues.<\/p>\n<p>Following DEDC\u2019s recent announcement, Bloomfield Hills-based Larson Realty Group will redevelop the historic property under the name Tiger Stadium Partners, LLC\u2014a partnership that also includes Jenkins Construction, Heritage Development, Rossetti Architects, Stokas Bieri Real Estate and University of Michigan Sports Management, as well as The Pauls Corporation and real estate crowdfunding and investment platforms Fundrise and Popularize.<\/p>\n<p>The $33 million development project is called The Corner and will consist of a four-story building with 102 apartments\u2014with 20 percent of the residences designed as affordable housing units\u2014and roughly 30,000 square feet of retail space along Michigan Avenue. Additionally, the redeveloped Tiger Stadium site will include 24 for-sale townhomes along Trumbull Avenue. The development team expects to break ground on The Corner in early 2016, after the project receives all necessary approvals from City officials.<\/p>\n<p>&#8220;The decisions made today preserve the history of Tiger Stadium while at the same time providing for the future of the Corktown neighborhood, two historical sites important not only to our city but the region as well,&#8221; said in a statement for the press Rodrick Miller, president and chief executive officer, Detroit Economic Growth Corporation.<\/p>\n<p><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Detroit-PAL-Headquarters-rendering.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-314864\" title=\"Detroit PAL Headquarters - rendering\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Detroit-PAL-Headquarters-rendering.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a>Apart from this mixed-use building, the City also approved a project advanced by the Detroit Police Athletic League (PAL) and the Old Tiger Stadium Conservancy (OTSC) that aims to create a new headquarters for the athletic league along Cochrane Street, while keeping and upgrading the original playing field where the Detroit Tigers played for almost nine decades. Designed by Pendulum Studios of Kansas City, Mo., the project will cost approximately $11 million.<\/p>\n<p>As reported by <em><a href=\"https:\/\/www.mlive.com\/business\/detroit\/index.ssf\/2014\/12\/development_plan_selected_for.html#incart_river\" target=\"_blank\" rel=\"nofollow\">MLive.com<\/a><\/em>, Detroit PAL\u2019s new headquarters building will have 9,300 square feet and will include a banquet facility overlooking the field. The rehabbed baseball field will feature a gated entryway, a ticket booth, historic memorabilia, seating for 2,500 spectators, a covered pavilion and locker rooms.<\/p>\n<p>&#8220;The new stadium will serve as a beacon for old Tiger Stadium enthusiasts and bring back wonderful memories for all of us who enjoyed ballgames at this historic corner. This will provide us the ability to build Detroit PAL\u2019s new headquarters\/conference and historical interactive center while creating a new Field of Dreams for Detroit kids at the old Tiger Stadium location,\u201d said Tim Richey, CEO of Detroit PAL, in a statement.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Renderings via DEDC<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The long-vacant site of the iconic Tiger Stadium is one step closer to be brought back to life as the Detroit Economic Development Corporation (DEDC), which is part of the Detroit Economic Growth Corporation (DEGC), announced the development team for the 9.5-acre property.<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1495,21742],"tags":[],"class_list":["post-1004109647","post","type-post","status-publish","format-standard","hentry","category-detroit","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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