The Cardinal Health project brings a state of the art 275,000 square foot distribution and light assembly building to a blighted area in the City of Detroit.
Cardinal Health and Henry Ford Health System selected KIRCO Development to act as their development partner for what was intended to be the first component of a $500-750 million master planned community revitalization effort of 300 acres.
The land acquired by KIRCO will accommodate an expansion capability of an additional 135,000 square feet.
The project involved significant environmental site remediation and attainment of a $12 million brown-field tax increment financing package.
Henry Ford negotiated a new contract with Cardinal Health to help directly reduce supply chain related costs as a result of the changing healthcare reimbursement environment.
“KIRCO has worked very closely with us…they’ve done a great job of saying, ‘Here’s an alternative. This will provide a better cost benefit to you.” – Jim Balzer, Senior Consultant, Operations, Cardinal Health
- Urban redevelopment in one of the oldest neighborhoods in the City of Detroit
- Pre-construction period of almost three years
- Over 100 parcels of property required consolidation
- Extreme environmental conditions of existing soils
- Numerous abandoned structures ranging from single family homes to abandoned paint plants required intricate planning for remediation with numerous consultants and government agencies
- Close coordination with stakeholders, Henry Ford Health Systems, and Cardinal Health
Location: Detroit, MI
Size: 275,000 Square Feet
- Advanced Manufacturing & Industrial/Distribution
CREW Detroit Impact Award, Phoenix Award (Grand Prize & People’s Choice Award), CAM Magazine Award, Brownfield Redevelopment and Renewal Award