Bedrock Plans To Redevelop Cadillac Square In Downtown Detroit

DETROIT — Bedrock is planning a new development in the heart of downtown Detroit, the company announced Wednesday.

The company plans to redevelop 1.5 million square feet of Cadillac Square, located between Monroe and Randolph streets, into new residential space, parking and entertainment offerings, as well as reviving the historic National Theatre.

The 1.5 million square foot development includes:

• 230,000 square feet totaling 250-280 new residential units
• 90,000 square feet for a market hall, a grocer, restaurants and other retail
• 60,000+ square feet dedicated to entertainment offerings including the National Theatre
• 1,500 – 1,800 parking spaces
• 400,000 square feet of Class A office space

"The Development at Cadillac Square leverages the potential of a central, yet underutilized footprint to further ignite downtown’s offerings," said Kofi Bonner, chief executive officer at Bedrock. "By enhancing overall access, options and connectivity, we will continue to position Detroit as an energetic city which ultimately benefits the broader community and creates a vibrant core for today and well into the future."

Construction for the project will be broken into three phases, with the first expected to start in September 2024, according to the company. The next two phases are expected to start in October 2026 and January 2028.