In 2017, developer Dan Gilberts Bedrock broke ground on what at the time was expected to become Detroits tallest building upon completion. Bedrock released new renderings of the Hudson's site today, which will add 1.5 million square feet of office, residential, hotel, event, and retail space to the site of the PART OF AUDACY NEWS. Hudsons Site courtesy of Bedrock Detroit. Detroit Four years after Bedrock kicked off construction on the Hudsons site in downtown Detroit, the project is taking shape with the shorter of two buildings DETROIT The ongoing redevelopment at Detroits former Hudsons store site has entered a new phase -- and were getting a look at what the interior of the building will look like once its finished. [3][4], 1208 Woodward Avenue is situated in Downtown Detroit, bounded by Grand River Avenue to the north, Farmer Street to the east, and Gratiot Avenue to the south. If you need help with the Public File, call (313) 222-0566. Located on the former site of J.L Hudson's Flagship Store, it is expected to be the second tallest building in the city, at 208.7 meters (685ft)[1][2] and to be completed in 2024. The Michigan Strategic Fund board approved the plan that includes the following state and local property tax captures: the local and school property tax capture of $213 million, with state tax capture limited to $167 million; a maximum of $11.4 million in construction period tax capture revenues; a maximum of $38.1 million in construction period sales and use tax exemptions and a maximum of $352.3 million in income tax capture revenues and withholding tax capture revenues post-construction. The city council recently approved terminating that previous brownfield plan in favor of this latest project. Comprehensive coverage of Michigan's auto industry, including in-depth analysis of Ford, GM, and Stellantis latest developments and innovations. Learn more. The second and third floors of the office building have been designed to incorporate a 126,000 GSF world-class events and meeting venue featuring a wide range of modern, and highly desired amenities, that will host events ranging from 50 to 2,500 people.