Developers at Detroit’s Gateway Marketplace have something to brag about. Construction for a Meijer Superstore, the development’s anchor store and the corner stone of the Woodward revitalization project is ahead of schedule. Leasing on the $72 million project also is moving forward, and the center will be 95 percent leased or better this fall, said Bruce Babiarz, a spokesman for the developer, Southfield-based Redico
“There’s a resurgence in Detroit. It’s not only downtown, but it’s happening here at Eight Mile and Woodward. We’re building a brand-new shopping center from the ground up. It’s the largest in terms of size in the city in decades,” Babiarz said.
The Meijer Siperstore which is slated to open in July of this year and the Gateway project are expected to spur development in the surrounding area along Woodward, particularly the former Michigan State Fairgrounds, Babiarz added. “It’s got real potential, and the success of this project may be the catalyst for that property.”
Meijer Inc. is starting its hiring push to bring about 400 of the estimated 700 jobs to the Gateway project. Other retailers slated to open this year include discount retailer Marshalls, apparel retailer Dots, PNC Bank and a McDonald’s. In all, the project has more than 325,000 square feet of retail.
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