$6M Micro-retail, Office Space Planned for Midtown

A $6 million micro-retail and office space is planned for Midtown, adjacent to Detroit Shipping Co., a restaurant and beer garden development. Located at 444 Peterboro, west of Cass Avenue and south of Martin Luther King Jr. Boulevard, construction is expected to start this fall and be completed in late 2020.
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444 Peterboro
A 21,000-square-foot micro-retail and office space is expected to open in Midtown in late 2020. // Rendering courtesy of Detroit Rising Development

A $6 million micro-retail and office space is planned for Midtown, adjacent to Detroit Shipping Co., a restaurant and beer garden development. Located at 444 Peterboro, west of Cass Avenue and south of Martin Luther King Jr. Boulevard, construction is expected to start this fall and be completed in late 2020.

“To build a sustainable community, we need more than just places to eat and drink,” says Jon Hartzell, owner of Detroit Shipping Co. and founding partner of Detroit Rising Development, which is responsible for both locations. “A neighborhood needs places to shop, places to work, and places to live. The 444 addresses is the first two of those. We’re committed to the development of Midtown south, but we want the building to reflect the needs of the community and to be a springboard for those looking to build a business in Detroit.”

The first floor of the 21,000-square-foot space will house 16 micro-retail spaces, a central café area, and two anchor tenant spaces. The building will offer 100 feet of frontage that will be broken up among the micro-retail tenants. The space is designed to be a proving ground for businesses looking to get their start but that are unable to lease larger spaces.

The second floor will offer 17 private small-space offices, three of which will include private patios. Tenants will share conference rooms, utilities, kitchen space, and more.

The third floor will be one 6,800-square-foot anchor space for a larger tenant. It will include an open floor plan with individual shipping containers used for conference rooms and offices as well as a 480-square-foot outdoor patio.

“We wanted to build the retail and office extension to Detroit Shipping Co.,” says Rick Stanza, partner at Detroit Rising Development. “So thematically, we carried on with small rentable units and shared common areas to encourage interaction between businesses but added more windows and a third story.”

The owners and investors are independent from Detroit Shipping Co. Detroit Rising Development also has projects at 3700 Third Street (Five and Dime) and the Alamo Drafthouse project on Martin Luther King Jr. Boulevard.

Leasing is being handled by Assemble Space in Detriot.

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