Danny Samson News Today

Joe Louis Arena was the home of the Red Wings for nearly four decades - has been demolished and replaced with the luxury high-rise.

Detroit leaders were on hand Tuesday. for the opening of the new apartment building on the site of the now-demolished Joe Louis Arena.

The move gives Samson a larger foothold in the Richmond market after expanding here two years ago. It does not include One South Commercial, which will break off as a new company.

The 25-story Residences at Water Square on the site of the former Joe Louis Arena has been previously described by its developer as having "elevated but approachable" rents.

Newly revealed asking rents for The Residences at Water Square are well into record territory for downtown Detroit.

Panoramic windows, riverfont and downtown views and rooftops lounges are highlights of the Residences at Water Square.

A new luxury high-rise apartment building is under construction at the former site of the Joe Louis Arena

Pre-leasing will begin this summer for The Residences at Water Square, the citys first new riverfront high rise residential building in 40 years.

Detroit-based developer Sterling Group has released new details on the building that is going up on the site where Joe Louis Arena once stood.

The 25-story tower is under construction at the site of the former Joe Louis Arena.