The award recognizes two southeast Michigan commercial property developments that significantly impact their surrounding communities -- one redevelopment project and one new construction project, explains Beth Lilley, the award committee chair and first VP with Bank One Commercial Real Estate in Detroit.
The LOC Performance headquarters, a 200,000-sf complex on a 26-acre brownfield site, won in the new construction category. It includes an 180,000-sf manufacturing facility with attached two-story office section for this defense industry parts manufacturer.
Ford Field -- the 1.8-million-sf, 65,000-seat stadium home of the Detroit Lions -- won in the redevelopment category. The project incorporates approximately 750,000 sf of the former J.L. Hudson's warehouse, a Detroit landmark built between 1913 and 1976.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
