6565 Woodward Avenue – Under Contract
O’Connor Real Estate is pleased to offer the The F. W. Woolworth Building located at 6565 Woodward Avenue in Detroit’s New Center neighborhood. In 1940, the Henry Block at the southwest corner of Woodward and West Grand Boulevard was demolished to make room for the widening of Woodward Avenue. This limestone two-story Art Moderne commercial building was built in its place. The structure was designed by architects Hyde and Williams and built by the Barton Malow Company to house a Woolworth’s department store. The building was constructed with two retail floors, on the first and lower level, and the second floor featured a Whoolworth lunch counter. Designed with varying roof heights and a square corner tower positioned slightly back from the Woodward facade, the tower has raised decorative blocks in a column near the edge and an original flagpole.
6565 Woodward Avenue is located on the corner of Woodward Avenue and West Grand Boulevard, the cornerstone of New Center’s retail and commercial corridor. The Art Moderne style structure is built entirely of concrete and is comprised of a full basement with 10’10” ceilings, allowing for continued retail space from the 13,200 SF first floor, which is currently divided into three retail spaces. The 11,920 SF second floor could be redeveloped into creative office or residential with the possibility of roof decks.
Premier Development Opportunity
This unique development opportunity benefits from favorable B5 zoning, permitting the development of an approximately 46-story, 569,150 SF, mixed use building with prime ground-floor retail located at the most prominent intersection of New Center. The B5 zoning allows for no off street parking requirements for retail and multi family. An iconic building at this location would serve as the entry to both the Woodward commercial corridor and West Grand Boulevard leading to the heart of New Center.
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