|Location||1001 Woodward Avenue
|Roof||338 ft (103 m)|
|Floor area||290,000 sq ft (27,000 m2)|
|Design and construction|
1001 Woodward is an office building in downtown Detroit, Michigan. The building is located just south of the neighboring David Stott Building, at the corner of Woodward Avenue and Michigan Avenue overlooking Campus Martius Park. Constructed from 1963 to 1965, the 25-story building is designed in the International style.
The exterior façade is composed of tinted windows set precast frames covered with charcoal-gray granite. The frames project from the façade creating a grid design similar to nearby 211 West Fort Street. The structure is composed of two rectangular towers set at a right-angle and joined by an elevator-utility core covered in glass and matching gray granite. This arrangement of the towers help it make the best use of its irregularly shaped lot. Floors 24 and 25 house mechanical equipment and the two-story ground floor originally housed a banking room and convenience store. The floors and interior lobby walls were originally faced with white marble. The building occupies the site of the Majestic Building, which was demolished in 1962 to make way for 1001 Woodward.
The building was constructed to house headquarters for First Federal Savings and Loan of Detroit and was known as the First Federal Building. By January 1998, the Savings and Loan was part of Charter One Financial and the parent company sought to sell the structure and lease a portion back. In December of that year, it was purchased by a partnership of The Carpenters Pension Trust Fund-Detroit & Vicinity and the Operating Engineers Local 324 Pension Fund for $6.5 million. As part of the sale, Charter One leased the ground floor, two office floors and the basement. The Michigan Court of Appeals occupied two floors under a lease which ended in 2001. The court relocated to Cadillac Place with several other State of Michigan offices.
In March 1999, the pension fund partnership announced a $15 million renovation of the building and a new name, Woodward Plaza. They also planned to convert the upper floors to luxury condominiums.
The pension fund partnership sold the building to Sky Development in April 1994 after spending $20 million on renovations. Sky Development also purchased an adjacent parcel behind the building to construct a parking garage.
Sky Development continued the pension funds' plan to convert part of the building into 144 residential units, however this plan collapsed at the end of 2007 and ownership reverted to the pension funds. The building and adjacent parking garage were subsequently purchased by Greektown business owner Dimitrios Papas in January 2008 and renovations were completed. In May 2010, GalaxE IT systems signed a lease for 28,000 square feet (2,600 m2) bringing the occupancy to 25 percent. In September 2010, GalaxE leased an additional 12,000 square feet (1,100 m2).
The lofts are zoned to Detroit Public Schools
- Burton International School (K-8)
- Martin Luther King High School.
- Previously: Murray-Wright High School
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- Rovert Ankeny (April 26, 2004). "Sky Development to buy 1001 Woodward Building". Crain's Detroit Business (CrainsDetroit.com). Retrieved February 4, 2011.
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