$60M Project Ready to Break Ground

LIVONIA, MI-The proposed Livonia Marketplace will break ground Thursday on the former Livonia Mall site. The retail center is being developed by Livonia Phoenix LLC, a joint venture between Grand/Sakwa Properties, Lormax Stern Development and Konover South. According to reports the project is estimated to cost $60 million.

“The groundbreaking signifies the completion of the demolition of the old Livonia Mall and celebrates the start of construction for the new Livonia Marketplace,” says Livonia Phoenix’s Karl Zarbo. “We are proud to be a part of the rebirth and rejuvenation of this area and serve the citizens of Livonia with an outstanding shopping experience.”

The shopping center going up on 40-acres will be anchored by a Wal-Mart Supercenter. Five additional multi-tenant buildings, totally 325,000 square feet, will be built on the site. Construction on the 180,000-square-foot Wal-Mart store will begin later this year, with plans to complete development within the next 12 to 18 months. Other tenants locating in the development have not been identified yet, although a list is said to be pending.

“Livonia Marketplace is a great example of municipalities and developers working together to achieve a mutually rewarding outcome,” Zarbo says. “Livonia residents will have new shopping choices and the city will add to its tax base and see a previous eyesore transformed into a vibrant, viable retail center.”