Rock Ventures to Break Ground on 33,000 SF Specialty Retail Development with 10-Story Parking Garage in Downtown Detroit

Dan Gilbert

DETROIT, MI /PRNewswire/ -- Rock Ventures LLC announced today it will build 33,000 square feet of ground floor retail space and a 1,300 space parking garage in downtown Detroit's Central Business District.

Construction on the 535,000 square-foot Z-shaped retail and parking development will begin in November 2012, and is expected to be completed by December 2013.

The structure will zigzag from the corner of Broadway and East Grand River to the corner of Library and Gratiot, occupying what is currently a surface parking lot.  The parking/retail development will be a distinctive structure utilizing color, glass, and original artwork.

Rock Ventures is developing the property to help alleviate the area's parking shortage in and around downtown Detroit's Central Business District, and just as important, bring more unique retail and dining options to the area's fast growing tech and creative corridor and employee base, said Dan Gilbert, Founder and Chairman of Rock Ventures and Quicken Loans.

For a complete copy of the company’s news release, please contact:

Paula Silver,

+1-313-373-7255,

PaulaSilver@quickenloans.com