UM Health Buys Site Of Former Kmart HQ In Troy, Plans New Clinic

TROY, MI — The University of Michigan bought the land where the former Kmart headquarters sat in Troy, according to university officials.

U-M Health, Michigan Medicine’s clinical division said it purchased the 7-acre parcel, located at 3100 West Big Beaver Road, from owner Forbes/Frankel Troy Ventures LLC for $4.42 million.

University health officials said they plan to build a new facility that focuses on advanced specialty and diagnostic services on the property.

"We believe this new investment will bring our U-M Health expertise to a whole new community of patients, providing easier access for metro Detroit residents to our nationally renowned clinical expertise and innovation," UM Health President David Miller said.

Officials did not say when the new facility will break ground.

Crews started demolishing the old Kmart headquarters last fall after the massive structure sat vacant for nearly two decades. Over the years, officials proposed multiple redevelopment plans, but nothing ever happened.