NorthPoint Development is lining up a roughly 860,000-square-foot light-industrial complex in Romulus with a reported price tag near $105 million, just east of Detroit Metropolitan Wayne County Airport. The pitch: a major boost for a regional industrial market that has been slowly inching back toward speculative big-box construction.
As reported by Crain’s Detroit Business, the project would drop a sizable block of speculative warehouse space into Metro Detroit’s logistics pipeline, with the outlet detailing the estimated size and cost.
NorthPoint Development highlights plans for community amenities, wetlands protection, and buffer landscaping, and projects roughly 300 permanent jobs along with about $41 million in new tax revenue over 20 years. City of Romulus planning minutes show the developer applied to rezone roughly 108.48 acres to allow two large industrial buildings and a 4.5-acre commercial parcel as part of the Romulus Trade Center.
Where It Fits In The Market
Third-party market data suggest the Romulus effort is part of a broader rebound in speculative industrial building across the region. Newmark’s 1Q26 Detroit industrial report notes roughly 1.1 million square feet of speculative product recently starting construction in Romulus and points to several pre-leased deliveries that helped soak up new inventory…