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1001 Woodward Parking Garage
Closed: November 2004
www.1001woodward.com

The 1001 Woodward Parking Garage is a 750 space parking deck that is being developed by Sky Development, LLC as a key component of a larger project including upgraded office/commercial space on floors 1-12 and newly developed condominiums on floors 13-21 of the 1001 Woodward Building. The parking structure will stabilize the existing office building, provide parking for new residents and provide Woodward frontage for 18,250 square feet of first floor retail space.

The DIF financing provided funding for the predevelopment, demolition and site improvements on the properties to the north of the 1001 Building. The majority of the top two floors of the parking deck (11-12) will be pre-sold to the adjacent residential condominium development.
The majority of the remaining spaces will be marketed to commuters desiring monthly parking and approximately 100 spaces will be available for daily, hourly, and event parking. This project which is located in the lower Woodward corridor will provide jobs and serve as a catalyst for further redevelopment activity in the area. The DIF financing was completed in partnership with Charter One Bank.
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