Ilitch Reaffirms Goal for a New, Michigan-made Arena in Detroit

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DETROIT — Olympia Development of Michigan invites Michigan-based construction contractors and suppliers from across the state, as well as Detroit-based contractors, to learn about supply, joint venture and construction opportunities available through the construction of the Detroit Sports and Entertainment District and its new arena.

The event on Sept. 9 will connect contractors and suppliers throughout Michigan, including Detroit, with project leadership to drive participation in construction and supply opportunities. The event is also intended to ensure that the new arena is built primarily with materials made in Michigan, financially benefiting companies from all parts of the state.

Registration is from 9-10 a.m. at the MotorCity Casino Hotel -Sound Board, 2901 Grand River Ave. in Detroit. A project overiew will begin at 10 a.m. Contractors and suppliers can visit DistrictDetroit.com to register and learn more.

Also present at the event will be General Contractor Barton Malow, Hunt & White, Heritage Development Services, The Michigan Black Chamber of Commerce, Michigan Economic Development Corporation, The City of Detroit Downtown Development Authority, Detroit Employment Solutions Corporation, and The City of Detroit Office of Human Rights. These organizations will provide information, resources and networking that will help contractors and suppliers pursue business opportunities through construction of the new District and its arena.

“We are committed to ensuring that Michigan and Detroit companies, and their workers, benefit from this transformational initiative,” said Chris Ilitch, president and CEO of Ilitch Holdings Inc. “We expect to create 8,300 construction and construction-related jobs and produce a $1.8 billion state-wide economic benefit through the District and its new arena; this event is another important step in making the biggest positive impact we can for Michigan and Detroit through this initiative.”

Launch for the District will occur this fall. Office, retail and residential buildings — as well as the new arena — are scheduled to be complete by the summer of 2017. Construction of the arena and surrounding District is expected to generate at least $1.8 billion in total economic impact, 8,300 construction and construction-related jobs and 1,100 permanent jobs. More than $100 million in income from the arena project alone is expected for Detroit residents, with significant additional income to be created through future private development.

 

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