The Downtown Development Authority of the City of Detroit (DDA) approved a comprehensive plan to redevelop nine properties in a historically significant pocket of downtown with a $52.4 million investment in new construction and renovations.

The Paradise Valley Cultural & Entertainment District project includes the simultaneous redevelopment of five existing buildings and new construction on four surface parking lots that surround Beatrice Buck Park. The five local developers chosen for the project expect to build or refurbish spaces for new residential units, retail stores, offices, restaurants, entertainment venues and a boutique hotel over the next three years.More