The market and construction costs are taking a toll on development ambitions in Detroit.
The Michigan Opera Theatre had hoped to develop a 480-foot high-rise on property it owns in downtown, but after releasing a request for proposals in April 2019, the project has been quiet. This week, that silence turned into an indefinite delay, according to an article by Kirk Pinho.
Erica Hobbs, communications manager for Michigan Opera Theatre, released a statement citing market conditions as the reason for scrapping the development plans.
"Michigan Opera Theatre's April request for proposals said it wants to increase revenue through a ground lease of the property and increase the revenue brought in by its 700-space parking deck built in 2005," according to Pinho.
The defunct 34-story builing would have been built on an 0.8-acre surface parking lot located "next to the Detroit Opera House and the seven-story Detroit Opera House Parking Center at the corner of Broadway and John R streets."
Pinho also notes that several other buildings planned for Detroit's downtown have been either scaled back this month. Earlier this week, "Bedrock LLC CEO Matt Cullen revealed that Dan Gilbert's planned tower on the site of the former J.L. Hudson's department store building would not be the tallest building in the state, as it had been planned for nearly three years." Reports that Bedrock would reduce the height of that project have been public since August, however. Earlier in the month, developers scaled back plans for The Mid, a $377 million condo project located on Woodward Avenue in Midtown.
FULL STORY: MOT halts proposed high-rise next to Detroit Opera House downtown
Shaping a 15-Minute City Vision for Detroit and Cleveland Using Data-Assisted Modeling
How master plans in the two cities hope to transform their historic, and historically underutilized, waterfronts.
Six Big Projects to Watch in Detroit
A new chapter of Detroit's development history is ready to begin, as six iconic projects head toward the finish line.
After Changes, New Tower Might Not Be Detroit's Tallest Tower After All
A building under construction at the former site of J.L. Hudson's department store in Detroit will no longer reach 900 feet, as once planned.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
Delivering for America Plan Will Downgrade Mail Service in at Least 49.5 Percent of Zip Codes
Republican and Democrat lawmakers criticize the plan for its disproportionate negative impact on rural communities.
Test News Post 1
This is a summary
Test News Headline 46
Test for the image on the front page.
Balancing Bombs and Butterflies: How the National Guard Protects a Rare Species
The National Guard at Fort Indiantown Gap uses GIS technology and land management strategies to balance military training with conservation efforts, ensuring the survival of the rare eastern regal fritillary butterfly.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
EMC Planning Group, Inc.
Planetizen
Planetizen
Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service