January 6, 2008
Detroit Gets New Era in Downtown Living With Iconic $150 Million Cadillac Centre on Campus Martius Park
Photo Rendering: Downtown Detroit gets a strong new start on the New Year with the announcement of the $150 million complex called "Cadillac Centre" on Campus Martius Park, Detroit's new "Town Square." Developer is New York City-based real estate investment firm Northern Group, Inc. Above: View of Cadillac Centre from Campus Martius Park.
DETROIT, Jan. 6 -- Detroit gets a strong new start on the New Year with the expected announcement of an iconic $150 million living, dining, shopping and entertainment complex called "Cadillac Centre" on Campus Martius Park occupying the entire Monroe Block with a connection to the existing Cadillac Tower.
The announcement is expected to be made by Detroit Mayor Kwame M. Kilpatrick and owner-developer Alex Dembitzer, principal and managing partner of the Northern Group, Inc., a privately held New York City-based real estate investment firm with strong ties to Detroit, at 11 a.m., Wednesday, Jan. 9 in the Mayor's conference room. Joining Mayor Kilpatrick and Dembitzer for the announcement will be internationally renowned architect Anthony Caradonna of New York and Rome.
The dramatic $150 million building complex completes the circle around Campus Martius Park with more than 80 apartments, serene public spaces, an upscale market, major retail space, dining, a health club and a multiplex cinema. Cadillac Centre features two modern 24-story towers of sculpted metal and glass rising from a 12-story base designed to make Detroit a global architectural destination, similar to the Guggenheim in Bilbao, Spain, or Chicago's Millennium Park. |GlobalGiants.com|
Posted by Editors at January 6, 2008 11:53 AM | Link to this Post