20 years after the demolition of the former JL Hudson's department store on Woodward Ave, the site is officially entering a new era. In its heyday Detroit's iconic Hudson's building was one of the largest department stores in the world. However the store closed in 1982 according to the Detroit Free Press. After several attempts to redevelop the vacant building failed, it was demolished in the late 1990's. Spanning an entire city block the Hudson's site was a glaring empty space in the center of the Motor City's downtown, on its most prominent street.
Finally after acquiring the rights to develop the site in 2007, Dan Gilbert and his Bedrock Ventures put the ball in motion. After cementing a deal with the City which includes public subsidies and substantial tax breaks, Gilbert was given the green light. The estimated cost of the project currently stands at almost $1Bil ($909M). When completed, the massive skyscraper will be the tallest in the State of Michigan, surpassing the Renaissance Center which has held the record since the 1970's. The mixed use building will feature 1.1M sq ft of space including retail and residential. Bedrock is set to complete construction within 4 years. The resurgence of Detroit continues. One massive project after another, the city is poised for a substantial boom.