Gilbert’s $2.1 billion in Detroit projects going after state tax incentives

Restaurant, retail, office, exhibit and public space is also planned for the two-building project at Woodward and Grand River avenues. The project is expected to start this year, although it’s not precisely known when it will be completed following a revision to the project plans that was presented to the Downtown Development Authority last week.

“We want to really make this a landmark attraction with landmark architecture, something that Detroit will be proud of for decades and decades,” Gilbert said.

During Wednesday’s event, Mayor Mike Duggan said the project will be a “civic landmark.”

Last month, Gilbert’s team released a revised a two-block development east of the former Compuware Corp. headquarters building (now called One Campus Martius). That project would include a 26-story residential tower, along with three mid-rise apartment buildings between six and 15 stories, totaling about 480 units and a 35-story office tower with at least 818,000 square feet of space.

More photos: Take a tour of the Book Building and Book Tower.

The Book Tower project is to include 95 residential units, a hotel and 180,000 square feet of office and retail space. Cleaning out the building, which has been vacant for years, is expected to be completed in about six months, said Jim Ketai, CEO and co-founder of Bedrock LLC.

The One Campus Martius addition is expected to be the first of the projects finished, Ketai said. It’s not known whether Quicken or other Gilbert employees will take its 310,000 square feet or other companies not affiliated with his business empire.

Left unmentioned Wednesday was a proposal by Gilbert and Detroit Pistons owner Tom Gores to build a soccer stadium and multiuse development worth a total of about $1 billion on the site of the unfinished Wayne County jail on Gratiot Avenue in Detroit. The soccer stadium would be intended to house a Major League Soccer team. The bid for a team is still in progress.

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