Former Kmart headquarters
Former Kmart headquarters | |
---|---|
General information | |
Status | Demolished |
Location | Troy, Michigan |
Coordinates | 42°33′45″N 83°11′20″W / 42.5626°N 83.1888°W |
Completed | 1969 |
Closed | 2006 |
Demolished | 2023 |
Design and construction | |
Architecture firm | Smith, Hinchman & Grylls |
The former international headquarters of
The building was erected in 1969, designed by
The 40-acre building was enclosed by nine towers, six smaller, two larger, and one overlooking the rest at the corner nearest the intersection of W. Big Beaver and Coolidge. The tallest tower offered a panoramic view of the surrounding area, including the adjacent Somerset Mall.
The building was sold in December 2005 to Madison Marquette, a development company that planned to use the site for a hotel, condominiums, shopping, offices, and entertainment.[4] It was sold in 2006 for US$40 million. In 2009, The Forbes Company & Frankel Associates, owners of the mall, purchased it from Diamond Troy JV, L.L.C. for an undisclosed price.[5] While the site has remained vacant since 2006, plans to redevelop the site have been proposed. In 2008, a redevelopment project called the Pavilions of Troy proposed to tear down the old building and create an outside shopping mall, but the project was cancelled during the Great Recession.[6][7] The site had been slated for demolition by the city of Troy after sitting vacant for 15 years, and was ultimately demolished in November 2023. [8][9]
In March of 2024, University of Michigan Health, which is the branch of
References
- The Argus-Press, May 4, 2003, p. 6A.
- ^ "S.S. Kresge Co. - MichMarkers". www.michmarkers.com. Archived from the original on 2020-09-14. Retrieved 2019-04-06.
- ^ David Eggert, Associated Press, "Kmart's future in Michigan unclear after merger announcement", The Argus-Press, November 18, 2004, p. 6.
- ^ a b Associated Press, "At Kmart, the art is high-end: former headquarters sells off fine art", The Spokesman-Review June 21, 2006, pp. A8, A11.
- ^ Nancy Kaffer, "Former Kmart Corp. headquarters in Troy sold to Somerset owner", Crain's Detroit Business, January 6, 2010.
- ^ Terry Parris, Jr., "Pavillions of Troy breaking ground in former Kmart HQ", Development news, Metromode, May 29, 2008.
- ^ Gallagher, John. "Old Kmart headquarters site in Troy still vacant after 13 years. Here's why". Detroit Free Press. Retrieved 2021-10-01.
- ^ Aimery, Jakkar. "Flint pair charged for burglary attempts, drug possession at ex-Kmart headquarters in Troy". Detroit News. Retrieved 2023-10-17.
- ^ "Demolition now underway of abandoned Kmart HQ in Troy". Detroit Free Press. Retrieved 2024-02-11.
- ^ Reindl, JC (2024-03-28). "U-M to buy slice of former Kmart HQ site in Troy for future medical center". Detroit Free Press. Detroit. Retrieved 2024-03-29.
- ^ Regents of the University of Michigan, Supplemental meeting agenda item (2024-03-28). "Authorization to Purchase Real Estate" (PDF). Retrieved 2024-03-29.
Further reading
- "'S. S. Kresge', Hauptverwaltung in Troy, USA". Der Baumeister 71, November 1974. Thema: Verwaltungsbauten. pp. 1227–30 (in German)