"The building was 100% leased well in advance of occupancy. This reflects the premium quality of the building and its superb walkable location in Royal Oak." Etkin principal Douglas Etkin, discussing Etkin's 74,000 square foot luxury office building, set to open downtown in 2018.
Construction of the office building began in May 2018, and the building is expected to be completed in July 2019. Construction of the parking garage began in June 2018 and is expected to be open in June 2019. For more information and updates about the entire project, please visit RethinkRO.
Currently under construction, this $20 million, 74,000-square-foot office building is situated at the corner of 11 Mile and Center Street.
Tenants will include research firm Gongos Inc.; the building's developer, Southfield-based Etkin LLC, which is moving its headquarters there; and Stout Risius Ross. Set for completion in Spring/Summer 2018, the project will bring more than 350 daytime employees to downtown Royal Oak.
The former Northwood Shopping Center at the southwest corner of Woodward Avenue and 13 Mile Road is currently the site of a new $32.8 million development. A 16 acre campus comprised of seven buildings will offer a grocery store, a hotel, restaurants and 110,000 square feet of retail space. The 183,000-square-foot complex will feature green space, landscape gardens and an assemblage area to host festivals and fairs. Set for completion in the first quarter of 2019, Woodward Corners by Beaumont is expected to bring over 30 new businesses to Royal Oak.
Located at at 400 N. Main, formerly the home of a used-car dealership, a five story, 122-room Hyatt Place hotel is currently under construction in downtown Royal Oak and set to open in September 2018. A mixed-use residential building with first floor retail opportunities has just commenced construction adjacent to the Hyatt Place. For an aerial video showcasing this construction, click here.
Developed by Burton-Katzman, this proposed mixed use project will bring 428 parking spaces, 19,000 sf of retail and 77,000 sf of new office space to Downtown Royal Oak. Construction is planned to begin in 2019.
Kinetic Creations Headquarters
Construction is nearly complete with this $4 million mixed-use, three story building developed by Royal Oak-based Kinetic Creations as its new headquarters on 4th Street. For leasing opportunities, click here.
Demolition crews have finished taking down the long-vacant Citizens Bank building at 218 S. Main to make way for a two-story building that will include a restaurant, retail and office space. Construction is anticipated to begin Summer 2018.
Singh Development has just started construction of its $65 million, 245 luxury apartment and retail development located at the gateway to downtown Royal Oak. The 250,000 square-foot building will also include a cafe, business center, courtyard pool and fitness center, among other amenities.
In 2015, Royal Oak successfully completed its crowdfunding initiative to transform the worn-out Center Street pedestrian plaza into a state-of-the-art ‘smart park’ that will incorporate many elements, including Wi-Fi, charging stations, solar panels, touch-screen kiosks, and sustainable landscaping. The project, which utilized the Michigan Economic Development Corporation's Public Spaces Community Places program, is now open.
At A Glance
(updated March 2018)
Projects Under Construction:
97,000+ sf Office - 159,000+ sf Retail - 307,500+ sf Residential (350+ units)
260,000+ sf Office - 74,500+ sf Retail - 878,000+ sf Residential (700+ units)