Gateway Marketplace is a planned open-air shopping mall, to be located within the city of Detroit, Michigan. The complex will be located at the southeast corner of 8 Mile Road (M-102) and Woodward Avenue (M-1), near the Sate Fairgrounds. When completed, the mall will contain more than forty inline tenants on its 35 acres (140,000 m2). As of April 2009, developers announced they had leased 60% of the retail space for the planned $90 M project.

Development

The Shoppes at Gateway Park will be an outdoor shopping mall with approximately 330,000 square feet (30,658.0 m2) of retail space. Originally, construction on the property was slated to begin in March 2007; Chicago, Illinois-based General Growth Properties, the mall's developer, later delayed groundbreaking on the mall until early 2008, in order to secure the interest of prospective tenants. In 2008, General Growth Properties withdrew from the project.

JCPenney signed a letter of interest in March 2007 to be included as an anchor store of the complex. This JCPenney would have been the first full-line department store within Detroit's city limits since the closure of a Crowley's near downtown in 1999. JCPenney's plans to open a store at the site fell through in 2008 when the national retailing landscape began to suffer from a credit crunch and dwindling shopper dollars.

At a December 2007 meeting, Detroit City Council members held a meeting to approve a special tax status regarding the mall's construction. In April 2008, Marshalls indicated interest in the development.[9] The mall project was later pushed back to mid-2008 due to a lack of confirmed tenants, and has been further delayed since.

In August 2009, the Meijer chain announced it would open its first store with the city limits of Detroit at the $90M Shoppes at Gateway Park. Two other stores including HomeGoods also announced they have signed on to share the 40,000 square feet (3,700 m2) designed for the mall's secondary anchor. The mall was scheduled to open in 2011. Late in the year, the project was renamed Gateway Marketplace. Pending the result of a construction loan, development may begin in 2012.

In December 2011, the Michigan Economic Growth Authority board approved a $6.1M brownfield redevelopment tax incentive for Meijer.

Sources

Add tags