icsc: 2017 michigan continuing education program - eric larson, downtown detroit partnership

Eric B. LarsonChief Executive OfficerDowntown Detroit Partnership

Square Miles

People

People/Per Acre

Median Household Income

Employees

Housing Units

1.1

6,444

~7

$35,320

80,000

4,300

Downtown Detroit

Property Ownership in Downtown Core

• Rock Ventures: 60%

• Karp & Associates: 6%

• Princeton Mgmt: 5%

• Olympia: 3%

• Roxbury Group: 3%

• Mike Higgins: 3%

• Broder-Sachse: 1%

• Other: 19%

Progress Towards Retail

Supporting Downtown:

• Infrastructure improvement plan

• Business sign ordinance update

• Advocacy with city departments (Zoning/historic)

Capitol Park Retail

2016 Occupancy Pipeline

31% 78%

Woodward Retail

Pipeline2016 Occupancy

32% 58%

Where We Were1993-2003:

0 new residential units

2003-2016:

Where We Are

902 new residential units

Demand for 1,400+ residential units per

year: 900 new residents from Live

Downtown program

Where We’re Going

1,300 new Downtown units

Grand Circus Park Survey

• 48% live + work Downtown

• 87% walk or people mover

• 99% desire grocery retail

Declining employment

population:

Where We Were

65,000

New Downtown

employees since 2010:

Where We Are

16,000

80,000 total

Where We’re Going…

Lear Corp. Detroit Innovation Center

Microsoft

General Motors Experience Center

Monroe Block

Hastings Place

Wurlitzer Building

The Metropolitan Building - element

The Foundation Hotel

Shinola Detroit Hotel

Orleans Landing

The Griswold

28Grand

Ducharme Place

Statler City Apartments

The District Detroit

Gratiot Block - Proposed MLS Arena

The Royce

Detroit Bikes

The TEN Nail Bar

Eatori Market

David Klein Gallery

Maru Sushi

The LTM Boutique - Moosejaw

Warby Parker

Parc

Citizen Yoga

Detroit Is The New Black

Shake Shack

The Skip

Sister Pie

Detroit Denim

Antietam

Changing the Landscape

Downtown Mobility Vision

The Downtown Detroit Partnership is committed to creating a more

walkable, bikable, transit friendly Downtown that supports economic

growth and increases access for all.

Library St & GratiotWoodward Ave. Concept

Detroit Bike Share Phase 1: 420 bicycles, 42 stations

Phase 2: 250+ bicycles, 25+ stations

Potential membership options:

• Annual ($70 - $90)

• Monthly ($15 - $20)

• Daily ($7 - $10)

• Subsidized and cash payment options

Year One Projections: 100,000 trips

M-1 RAIL - QLine

Bike Share

Detroit Bike Share

Campus Martius Park

Capitol Park

Grand Circus Park

DTE Energy Grand River Park

What Has Driven Change?

• Partnership – Public, Private and Philanthropic

• Coordination

• Targeted Geography

• Focused Resources

• Safe, Clean and Inviting