Bedrock to Demolish Blighted Commercial Building at 1416 Griswold in Downtown Detroit

March 9, 2016 [DETROIT] – As part of its ongoing commitment to revitalizing Detroit, Bedrock is scheduled to demolish a fire-damaged, blighted building at 1416 Griswold in downtown Detroit’s Capitol Park neighborhood at 7 a.m. tomorrow, Thursday, March 10, 2016.

Bedrock acquired the building in downtown Detroit’s Capitol Park neighborhood in 2015. The three-story structure is located between Grand River Avenue and Clifford Street, one block west of Woodward Avenue.

The removal of 1416 Griswold is the first blighted commercial building Bedrock has demolished in the Central Business District. It will make room for a new mixed-use residential building to be constructed from the ground-up on this site and the adjoining vacant lot at 28 West Grand River Avenue.

The building will be demolished by excavation equipment that will “claw” the building down rather than implode the building. Appropriate traffic diversions and safety precautions are in place. Nearby businesses, residents and visitors should expect some demolition-related noise for a short period of time on Thursday morning.

Rock Ventures, the umbrella entity for Dan Gilbert’s family of companies, including Bedrock, has supported neighborhood blight removal in Detroit since 2013. Additionally, Rock Ventures Founder and Chairman Dan Gilbert was co-chair of the Detroit Blight Removal Task Force.

More details about the new development will be released soon.

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Contact:

Carolyn Artman, Rock Ventures
313-373-3057
carolynartman@rockventures.com