DETROIT, MI – More details on the $650 million Detroit Red Wings arena and entertainment district will be revealed Thursday morning as developers leading the project seek a zoning change with Detroit City Council.
With the zoning change, Olympia Development of Michigan, the development arm of the Ilitch family, is expected to show a rendering for one of the residential developments of the district. That development will be a renovation of the 13-story, former Eddystone Hotel, according to the Detroit News. The News is also reporting that about 20 percent of all residential units in the project will be reserved for affordable housing. MORE