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City Council Approves Sale of Eastern Market Building Tapped for Brewery, Food Accelerator

Constructions could begin next year

blighted building with beige stone and graffiti Brenna Houck

The Detroit City Council has officially approved the sale of a vacant Eastern Market property at 3,500 Riopelle Street to real estate firm Ventra Group LLC, Crain’s reports. The 104,000-square-foot building, which was previously part of the Detroit Water and Sewerage Department, is expected to be redeveloped into a new food business hub.

Plans call for a brewery, restaurants, and retail as well as food processing, preservation, storage, and production facilities. Ventra’s owner George Jackson is already in talks with an unnamed “existing brewer” to occupy a portion of the building, according to MLive. Between 10,000 and 15,000-square feet of space will be set aside for a “food accelerator” for small businesses.

Detroit-based architecture firm Centric Design Studio has been tapped to design the building, which sits on an six-acre property. The renovations are expected to be completed by the end of 2018 at a cost of between $15 and $19 million.

Of course, visitors to the area won’t have to wait until 2018 to sip beers in Eastern Market. A new brewery, Eastern Market Brewing Company, is expected to open its doors later this year at 2515 Riopelle Street.

Council Greenlights Eastern Market Property Sale for $19 million Redevelopment [Crain’s]
Developer Looks to Lure Brewery to Detroit After Purchase of Eastern Market Building [MLive]
Is Another Brewery Heading to Eastern Market? [ED]
All Developments Coverage [ED]

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