07/12/2013 10:26 am ET Updated Sep 11, 2013

Ilitch Poised To Develop Entertainment District As Well As Arena | The Detroit News

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Detroit -- There's a good chance much of the $200 million of development intended to be built around the new home of the Detroit Red Wings could end up on land controlled by Red Wings owner Mike Ilitch, according to a real estate developer and other experts.

Much of the property is clustered behind Ilitch's Fox Theatre headquarters between Grand River and Grand Circus Park, according to public property records. A good deal of that land is surface parking lots and empty historical buildings, which has made the Ilitch organization the target of criticism through the years for sitting on the property.

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