A Cass Corridor Development Is Hunting for Restaurant Tenants

The owners of a mixed-used development in Cass Corridor are hunting for potential food and beverage tenants to fill to vacant retail spaces. Jonathan Hartzell, one of the partners behind neighborhood food hall Detroit Shipping Company and the forthcoming Alamo Drafthouse theater-restaurant, tells Eater he’s aiming to get more restaurants on the block at 3700 3rd Ave.

The development group calling themselves Five and Dime purchased the two-story property in October 2016 for $825,000 with plans to invest $2.4 million in the redevelopment, according to Crain’s. The group has already signed on a long-anticipated gourmet slider restaurant called Slyde to fill one of three retail spaces. There are currently two retail vacancies.

The available spaces span 1,575 square feet and 1,950 square feet and are leasing for approximately $20 per square foot in addition to insurance and fees. The property, which is located next to Jumbo’s bar, is currently under construction. It’s on track to complete renovations this spring, Hartzell says, and will feature 10 second-floor apartments.

3700 3rd Ave. [Courtesy image]

Hartzell tells Eater that he could see the space being a good fit for a pizzeria but is open to proposals.

Stay tuned for more updates on the development as it nears completion.

• 3700 3rd Ave. Listing [Official]
• Long-Delayed Slider Restaurant Slyde Finds New Space in Midtown [ED]
• All Eater Tracking Coverage [ED]