Olympia Development of Michigan announced plans Sunday for a sports and entertainment district that will feature a new arena for the Detroit Red Wings. It will transform dozens of underutilized blocks between downtown and midtown Detroit.
The district will encompass dozens of blocks along and near Woodward Avenue. Development will be integrated with existing sports and entertainment venues in or adjacent to the space, including the Fox Theatre, Comerica Park, MotorCity Casino Hotel, Ford Field, the Detroit Opera House and the Fillmore Detroit.
The Red Wings have been playing their home games at Joe Louis Arena since 1979.
"It's always been my dream to see a vibrant and energized downtown Detroit," Red Wings owner Mike Ilitch said. "I want people to look at Detroit's new sports and entertainment district and see what I see: the potential for something very special. I couldn't be more excited and proud to bring this vision to life."
Development of new, mixed-use neighborhoods in the district will occur concurrently with construction of the arena. Groundbreaking is scheduled for this fall.
"We've done business in Detroit for nearly 50 years, and this is our most significant and ambitious project here yet," said Christopher Ilitch, president and CEO of Ilitch Holdings Inc. "Our great city is home to some of the world's most legendary people, teams and venues in sports and entertainment. Detroit deserves no less than the best: a world-class sports and entertainment district we can all be proud of. And that's exactly what we will build."
The Red Wings open the 2014-15 NHL season Oct. 9 at home against the Boston Bruins.
For information, including the press release and project renderings, CLICK HERE.