See All News

Detroit-Headquartered Business Wins $50 Million Contract

A $50 million contract comprising most of the structural steel work for the new Detroit Events Center has been awarded to Midwest Steel, a Detroit-headquartered business. The Downtown Development Authority has approved seven contracts worth $85 million, of which Detroit-based and -headquartered businesses have won more than 90%, or $78 million. Olympia Development of Michigan has set a target of at least 30 percent Detroit-based and -headquartered business participation in constructing the future home of the Detroit Red Wings.

"Midwest Steel is a third-generation family business that has been headquartered in Detroit for more than 40 years. Our roots are deep in this city, and we couldn't be more proud to be a part of this exciting development and help build the new Detroit Events Center – future home of our own Detroit Red Wings," said Thomas Broad, President of Midwest Steel.

Two other contracts that Olympia Development recommended for approval to the City of Detroit Downtown Development Authority were also awarded today. Ram Construction Services of Michigan was recommended for below-grade waterproofing and Rohrscheib Sons Caissons, Inc. was recommended for deep foundations. This work totals just over $5 million.

Explore the District