Detroit, MI (2012)

Gateway Marketplace

An open air retail mall located on Eight Mile Road in Detroit, MI, this project constructed a major retail center remediating a 36-acre Brownfield site at the Southeast corner of Woodward Avenue and Eight Mile Road in a severely distressed Detroit neighborhood.

Investment

  • NMTC Amount: $55,916,000
  • Total Project Cost: $55,916,000

IMPACT

  • 333 FTE jobs
  • 163 construction jobs
  • 214,000 sq. ft. of real estate

Investor

Project Description

An open air retail mall located on Eight Mile Road in Detroit, MI, this project constructed a major retail center remediating a 36-acre Brownfield site at the Southeast corner of Woodward Avenue and Eight Mile Road in a severely distressed Detroit neighborhood. The anchor tenant is now a 214, 000 sq. ft. Meijer Super Center that provides affordable groceries to local residents in a federally designated food desert with a poverty rate of 48% and median family income of less than 30% of the area’s median family income. This is the first major grocery store built in Detroit in 50 years and is bordered by several consecutive federally designated food deserts. A bus stop in the middle of the retail center will ensure available public transportation. (NNMF NMTCs: $14 million)

MAP

Address: 20540 Woodard Avenue, Detroit, MI 48203

Census Tract: 26163508000

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