[Recap & Photos] Fall Forum: A Real Estate Update

Share this:

On Tuesday, September 19 the Downtown Detroit Partnership hosted its 2023 Fall Forum: A Real Estate Update, formerly known as the Fall Stakeholder Meeting, at the Gem Theater. The event provided a snapshot of Downtown Detroit’s real estate development and a program full of current data metrics and trends, investments, and development projects Downtown. 

In front of a sold-out crowd, DDP CEO Eric Larson shared an exciting update on current development projects and trends impacting city, regional, and statewide stakeholders.

This year’s event featured a thought-provoking keynote presentation on adaptive reuse by John Waller, principal and managing director of leading architecture firm, Gensler Detroit. Waller shared Gensler’s innovative research study about adaptive reuse, a timely topic as Downtown real estate continues to face growing vacancies in office space. 

Following the presentation, Waller joined a panel discussion and audience Q&A with Kevin Johnson, president and CEO of the Detroit Economic Growth Corporation as well as DDP CEO Eric Larson.

The program provided a positive outlook on Detroit’s development progress. DDP’s data found that downtown visitors continue to climb to pre-pandemic rates with August seeing a daily average of 93,00 visitors. Downtown residents also continue to increase, with 25% more residents living downtown compared to 2010.

Key findings from DDP’s 2023 Downtown Detroit Community and Development Update highlighted 47 projects completed or under construction downtown – 10 complete, 12 under construction, and 24 in the pipeline – more than $2.8 billion in new construction investments downtown including retail, residential, hospitality, and office space. 

Following the program, attendees enjoyed a cocktail reception featuring a Developer Exhibit, providing attendees one-on-one time to speak with developers face-to-face about upcoming projects and investments. 

Thank you to all who attended and a special thank you to our registration sponsor, KPMG and silver sponsor, JPMorgan Chase, for making this event possible.

Related Articles

Downtown Stories

Downtown Detroit Job Fair Hits a Homerun

The Downtown Detroit Partnership (DDP) hosted its first Downtown Job Fair of the year on March 20, 2024. This event featured more than 30 employers that were looking to hire. . . .

Downtown Stories

RECAP: Downtown Detroit Partnership 2024 Annual Meeting 

The Downtown Detroit Partnership hosted its Annual Meeting on Thursday, February 22 at MGM Grand Detroit, another fully sold-out signature event. DDP CEO Eric B. Larson provided a welcome and opening remarks to the audience. . . .

Downtown Stories

Feb 2024 Around Downtown: DDP News & Events

At the Downtown Detroit Partnership, we work hard to ensure that we reflect the diverse communities we serve — Detroit’s businesses, employees, residents and visitors. From our board and employees, to . . .

Search downtowndetroit.org