Midtown Detroit, Inc. and its partners announced a $20 million investment for the Selden Corridor Initiative, a redevelopment that will create new housing, job opportunities and training, and new businesses in Midtown.
The Selden Corridor Initiative, which will be located on Selden Street between Second Avenue and Fourth Street, will include a new public courtyard, flexible work and classroom space, a Barcade, a brewery training program, a new restaurant, Ecohomes and mixed-income rental housing.
All projects are expected to be completed by 2018.
“The Selden Corridor Initiative builds off other investments in the area including the Selden Green Alley, Selden Standard, Redmond Park, the Selden condominium development, the renovation of the Finn apartments, and the M1 Rail, among others,” said Sue Mosey, executive director of Midtown Detroit, Inc.
“The Selden Corridor Initiative will begin to create a linkage to other developments underway including Founders Brewery, Jim Brady’s Detroit and the Detroit Shipping Company on Charlotte and Peterboro, building new connections with the new arena, Wayne State University College of Business and the upcoming Wigle development.”
Barcade, a combination bar and arcade with a focus on classic video games and American craft beer, will open its first Michigan location in the 666 Selden Street building. The original Barcade was opened in 2004 in Williamsburg, Brooklyn and now has locations in New York, New Jersey, Philadelphia and Connecticut.
In addition to Barcade, the 666 Selden Street building will also include a brewery training school, which will offer education and training programs, such as a bachelor's degree in fermentation science, in partnership with Eastern Michigan University.
The 644 Selden building will include mixed-income housing, where the rental units will be a mixture with 30 percent set aside for households at 60 percent average medium income.
To increase the amount of street parking available to support the development in the area, angled parking will be created in partnership with the City of Detroit on Selden Street between Cass Avenue and Third Street.