In the media: Ilitch School neighbor to be new $65M sports medicine and office center in the District Detroit
The Detroit Medical Center and Olympia Development of Michigan today announced a long-term agreement to build a state-of-the-art facility along Woodward Avenue, immediately north of Little Caesars Arena, in The District Detroit. Under the deal, the DMC will lease a portion of the building to operate a sports medicine facility. Construction is expected to begin next year. The project includes an investment of more than $65 million, and is scheduled to open in 2020. The new sports medicine institute joins more than a dozen other major projects Olympia Development has completed or undertaken since 2015, including Little Caesars Arena; office developments for Google, the Detroit Red Wings, Olympia Entertainment and 313 Presents; four new restaurants; a team store; the Little Caesars world headquarters campus expansion; the Mike Ilitch School of Business at Wayne State University; and Chevrolet Plaza and other public spaces, infrastructure enhancement, and more. Together, the projects set the stage for significant additional retail, office, and residential development. The District Detroit is a 50-block area that includes Little Caesars Arena, Comerica Park, Ford Field, the Fox Theatre, and many other facilities.