Walbridge Managing Two Bedrock Projects in Downtown Detroit
DETROIT, MI Bedrock Real Estate Services has hired Walbridge to manage construction of two development projects in downtown Detroit, Michigan, including a new mixed-use building in Capitol Park.
The developments are among more than 75 properties either owned or being redeveloped by Detroit-based Bedrock, a full-service real estate firm specializing in acquiring, leasing, financing, developing and managing commercial and residential space.
Walbridge is currently managing a 56,000-square-foot core-and-shell renovation of 1505 Woodward, an Albert Kahn-designed building at the northwest corner of Clifford and Woodward. When complete, the eight-story building will offer retail and restaurant space on the ground level and office space on the upper floors. Rocket Fiber, a fiber-optic high-speed Internet provider, will be headquartered in 1505's new office space.
For this project, Walbridge is removing and replacing the 84-year-old building's structural vault, replacing all of its windows, rehabbing the building's masonry exterior and renovating core assets, including all mechanical-electrical-plumbing infrastructure and elevators. Construction is underway and is slated for substantial completion this month. ROSSETTI is providing design services on the build out.
At the corner of W. Grand River and Griswold, Walbridge will also be constructing a multi-story building on a plot of land overlooking Capitol Park. The project calls for residential units and ground level retail. Situated in a historic district, the team will work to meet preservation guidelines in construction of the new building. The project is slated to begin later this year. Kraemer Design Group will provide design services on the new building.