Midtown Detroit leads effort to convert vacant grocery store into retail outlet October 1, 2015

A luxury leather goods shop — located in what was once an old grocery store site in Detroit’s Midtown district — has a target opening date of late fall. The retail outlet housing Will Leather Goods will be 9,000 square feet of indoor retail space and will include a café and a gallery space for artist exhibits.

The $1.6 million project will create 20 full-time and part-time jobs while repurposing and renovating a commercial structure. IFF and Invest Detroit provided financing to buy the property and hold for future redevelopment. IFF closed on a $1.5 million loan to take out the acquisition financing, as well as construction financing provided by Detroit Development Fund.

The location marks the eighth store for Will Leather Goods, whose founder and owner, Will Adler, hails from Detroit. This project is part of Midtown Detroit Inc., an organization that supports the physical maintenance, revitalization, and promotion of the Midtown Detroit district.

Categories: Archives

Tags: :