The opening of the store marks the end of phase I of the $4.5-million redevelopment project. Still to come at the center are a shoe store, clothing stores, restaurants and retail outlets, according to executives with ShoreBank, which is providing the financing on the project.
ShoreBank has partnered with Parkside Development, L.L.C., a commercial and residential developer, on the project.
Elsewhere on Detroit's east side, redevelopment is continuing, particularly along the riverfront, city officials say demand for housing and office space has been spurred by a $500-million public-private redevelopment project that includes a new state park and a three-mile-long riverfront promenade.
Among the elements of that projects are a renovated 52-slip harbor and Michigan's first urban state park, the 31-acre Tricentennial State Park. Gov. Jennifer Granholm is expected to open the park and harbor during a May 20 ceremony.
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