Report: Projects show Detroit retail development demand

Detroit – Despite the widely reported financial troubles the Detroit area is facing, four current development projects demonstrate there is demand for new retail stores and restaurants in the city.

According to an article in Crain’s Detroit Business, all four projects are taking place near the Oakland Mall at the intersection of 14 Mile and John R. roads. Chicago-based Urban Retail Properties is reportedly developing Qdoba Mexican Grill and Starbucks locations off 14 Mile Road that will open later this fall.

In addition, Jersey Mike’s Subs and Chipotle Mexican Grill locations are slated to open in a new development opening at the end of this month near the 14 Mile Road-John R. Road intersection. That site has another 2,500 sq. ft. of available undeveloped space. Unconfirmed reports also say that a standalone building under construction at 321 W. 14 Mile will house a mattress store.

 

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