400 Detroit Construction Businesses Attend Event for New Detroit Sports and Entertainment District and its New Arena

“Michigan-made, Detroit-built” Event Scheduled for Sept., 9 at 10:00 a.m. at Fox Theatre.

DETROIT, MI – 400 Detroit-based and headquartered businesses joined together earlier today at MotorCity Casino & Hotel to learn first-hand about the opportunities for participation in the construction of the new Detroit Sports and Entertainment District and its new arena.

Christopher Ilitch, President & CEO of Ilitch Holdings, Inc. welcomed and addressed the business owners, stressing the organization’s commitment to local business participation and the vision for this transformational project. “Detroit businesses will be the driving force behind building out the District, and within it, a world-class arena with what we like to call ‘a Detroit fueled design’. Detroit businesses have the expertise that is essential to achieving the level of execution on this building that we’re looking for.”

The Detroit business owners and leaders met and interacted directly with representatives from Olympia Development and its partners to gain a better understanding of the anticipated construction needs for the project and other important requirements, such as certifications and licenses, once construction bids are announced.

At the event, Olympia Development also detailed the organization’s plan for working with its partners to achieve 30 percent Detroit business participation and 51 percent Detroit worker participation in the construction of District Detroit and beyond.

“This outreach summit was the first step in preparing Detroit businesses for construction opportunities district-wide. From our aggressive participation goals to investment in apprenticeship programs, we are committed to ensuring that Detroit businesses have the resources and support they need to succeed,” said Doug Diggs, President of Heritage Development Services, the organization that assisted in developing the workforce inclusion and business participation for the project.

Olympia Development and its partners will host additional outreach events in the coming months to ensure Detroit-based and–headquartered businesses, Detroit workers, state of Michigan contractors and Michigan-based suppliers play a major role in construction of the District and arena. The next event Michigan-made, Detroit-built will take place on September 9 at 10:00 a.m. at the Fox Theatre in Detroit. Businesses should register for the event at www.DistrictDetroit.com.

Groundbreaking for the District will occur this fall. Office, retail and residential buildings – as well as the new arena – are scheduled to be complete by the summer of 2017. Construction of the arena and surrounding District is expected to generate at least $1.8B in total economic impact, 8,300 construction and construction-related jobs and 1,100 permanent jobs. More than $100M in income from the arena project alone is expected for Detroit residents, with significant additional income to be created through future private development.

A statewide contractor and supplier outreach summit will be held on Tuesday, September 9 at The Fox Theatre in Detroit. This event will connect statewide contractors and suppliers with Detroit business owners for opportunities related to construction of the events center.

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About Olympia Development of Michigan

Olympia Development of Michigan is a Detroit-based full-service real estate company owned by Detroit entrepreneurs Michael and Marian Ilitch. The company is responsible for developing and investing in some of Detroit’s most recognized and visited venues, including the nationally acclaimed Comerica Park. Other Ilitch companies in the food, sports and entertainment industries include: Little Caesars Pizza, Blue Line Foodservice Distribution, the Detroit Red Wings, Olympia Entertainment, Little Caesars Pizza Kits Fundraising Program, Champion Foods, Ilitch Holdings and Uptown Entertainment. Michael Ilitch owns the Detroit Tigers. Marian Ilitch owns the MotorCity Casino Hotel.

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