Olympia Development of Michigan
Detroit-based real estate developer and Ilitch company creating sports, entertainment and mixed-use projects, including The District Detroit.
Olympia Development of Michigan is a Detroit-based, full-service real estate development firm and part of the Ilitch family of companies. The firm develops catalytic projects, sports and entertainment destinations, and inclusive placemaking initiatives across residential, commercial, mixed-use, retail, entertainment, sports venue and institutional sectors, working in Detroit and beyond.
Its flagship project, The District Detroit, is a live, work and play destination uniting eight theatres, four professional sports teams and three multi-use sports facilities. Facilities within or associated with the district include Little Caesars Arena, an award-winning multi-use sports and entertainment venue, and Comerica Park. Other developments in the firm's portfolio include Little Caesars World Headquarters, the Mike Ilitch School of Business at Wayne State University, the Columbia Street retail corridor and the historic Fox Theatre.
The firm reports billions of dollars in development projects and estimated economic growth of more than $4 billion, alongside more than 20,000 construction and permanent jobs created. Its stated mission includes job creation and growing the tax base, with an emphasis on long-term value for partners and stakeholders.
Technical work at the firm spans real estate development, design and construction, strategic planning, community engagement, sustainability and placemaking. Company priorities include improving the lives of people who live, work and play in Detroit and beyond, with a focus on inclusive placemaking and community engagement.
