Historic Kahn print shop in Midtown to become retail/medical complex

The Michigan Economic Development Authority approved a plan for the
city of Detroit to capture state and local taxes valued at about
$350,000 to support the redevelopment of a historic structure next to
the Bonstelle Theatre. Designed by Albert Kahn in 1912 and built in
1919 as a print shop, the building, located at 3408-3414 Woodward
Avenue, has sat vacant for decades.

The developer, PPM Acquisitions of Troy, plans to convert the 32,000
square-foot building into a retail complex. PPM’s Adam Nyman describes
their vision: “There will be office and medical uses on the entire
second floor, 5,300 square feet of retail on the first floor, and the
remainder of the first floor will be indoor parking.” The building,
made of poured, reinforced concrete, will be taken down to its shell
during the rehab. The estimated cost of the project is $2.4 million.

This is PPM’s first Detroit project. Nyman explains his company’s
decision to invest in Midtown by noting, “It’s a beautiful building,
and what caught my eye was its proximity to the best of Detroit:
downtown, Wayne State, the Cultural Center, the library, Detroit
Medical Center. Really, everything going on in Detroit is going on in
this area.”

Source: Adam Nyman, Developer, 3408-3414 Woodward