UM’s Detroit Center for Innovation arrives in the Detroit District
DETROIT, Mich. – The University of Michigan, related companies and Olympia Development of Michigan on Monday announced plans to build the Detroit Center for Innovation in the Detroit District.
Initial plans to develop the site of the former Wayne County Jail site failed in July.
The Detroit District is located in the heart of the city and is a premier destination for entertainment and sports, and offers a wide range of properties including retail, residential, educational and office space.
The new DCI campus location will include three buildings spread over four acres between Cass and Grand River and between Elizabeth Street to the south and W. Columbia Street to the north.
The developers plan to launch the project in 2023.
The University of Michigan will operate the estimated $ 250 million research and education center. Plans are in place for a technology incubator to join the 200,000 square foot facility, which will be located in the restored Loyal Order of the Moose Lodge building at 2115 Cass Ave.
The third building on the DCI campus will be a brand new 300-unit residential building along Cass Avenue. The land for the project was provided by the Ilitch organization.
The new campus, created with a $ 100 million donation from the president of related companies, Stephen Ross, will provide job opportunities and economic growth for the city, according to the project’s planners.
“As a native of Detroit, I believe it is essential that DCI have a catalytic economic and social impact on the people of Detroit,” Ross said in a statement. âThis impact will be best achieved in the Detroit District, where it will connect to existing density and trigger further development, especially with technology leaders like ServiceNow, spurring job creation, attracting entrepreneurs and inspiring the next generation. of pioneering talents.
âI have immense respect for Christopher Ilitch and Olympia Development’s long-standing commitment to Detroit and I am delighted to partner with them in contributing to The District Detroit’s vision for the betterment of all. our community. “
Ilitch Holdings, Inc. President and CEO Christopher Ilitch echoed Ross’ comments.
“The Detroit Center for Innovation will increase access to opportunities for the people of Detroit, help develop and retain talent, and have positive social and economic impacts throughout the city, region and state,” said Ilich in a press release. âWe look forward to working with Stephen Ross and Related Companies – leaders in creating visionary neighborhoods, developing affordable housing, and creating unique places across the country – as well as the University of Michigan to support the growth of DCI. “
Related and Olympia Development also announced Monday that other development opportunities in the Detroit District are being explored to further amplify DCI’s positive impact on the region, and plan to share more information in the months to to come.
According to a press release, ODM and its associates plan to prioritize affordable housing at market prices, preservation of historic buildings, sustainable green spaces, retail, commercial offices and restaurants.
A number of public figures have expressed support for the initiative, including Michigan Governor Gretchen Whitmer, who praised the DCI’s potential to advance economic growth.
“Michigan is the home of opportunity, and DCI will provide greater access to economic growth for the people of Detroit and the residents of our state,” Whitmer said in a statement. “This unique community development will catalyze entrepreneurship, attract new businesses to Michigan, and develop our state’s world-class workforce.”
ServiceNow, a digital workflow company, is already committed to expanding its employee base at DCI and creating a new hub of innovation on campus.
Detroit Mayor Michael Duggan said the new project will revitalize the area.
“This new location and partnership will be key to revitalizing the Grand River Corridor between Cass Tech and the downtown core, and connecting it to progress in the Detroit District,” Duggan said in a statement. âHaving already found a key tenant like ServiceNow on this new campus is a sign of the enormous potential for new business and residential growth, and opportunities for the bright young minds of our city. “
Detroit Public School Community District Superintendent Nikolai Vitt said the existence of DCI will help close the “opportunity gap” faced by DPSCD students.
“We are optimistic that DPSCD students will have the opportunity to access this opportunity because we know Detroit does not have a lack of talent but a lack of opportunity,” Vitti said in a statement. âOpportunity is realized when students in the school district are invested, because it creates the potential for large-scale, not isolated, long-term impact. “
University of Michigan President Mark Schlissel said the DCI is a representation of the university’s enduring commitment to the city of Detroit.
âWe are excited about what the Detroit Center for Innovation will mean for the city, its residents and businesses, and our current and future students,â Schlissel said in a statement. âThe University of Michigan is already laying the groundwork for this new academic center, and we look forward to delivering the kind of advanced educational programs that will meet the needs of an evolving workforce and make move our economy forward. “
UM was founded in Detroit in 1817. The new university center will help UM expand its footprint in the city by joining other existing sites and programs, including the UM Detroit Center on Woodward Ave., the collaboration P -20 with DPSCD at Marygrove College, its neighboring UM-Dearborn campus, the Detroit Community-Academic Urban Research Center, and the Economic Mobility Partnership.
UM’s board chairman Jordan Acker expressed the board’s support for the new research center.
“Our students will have the opportunity to acquire the unique skills, knowledge and experience necessary to lead the technological economy of the future,” Acker said in a statement. “And Detroit, along with the region at large, will soon be able to tap into a new talent pool designed to meet the needs of the local economy.”
The university center will be used by UM students in their final year of undergraduate study and diplomas and certificates will continue to be issued through the Ann Arbor campus.
The academic center will also include research and development, incubators, a co-working space, a collaboration space for large companies and support services for startups.
Copyright 2021 by WDIV ClickOnDetroit – All rights reserved.