Detroit 2.0

In case you missed it, Dan Gilbert has offically announced that he is moving his 4,000 employee strong Quicken Loans company to Downtown Detroit. Gilbert has contractually promised the city that he will make a final decision within the next 12 months to build his headquarters on one of two possible sites. The new headquarters will be built either on a site at Grand Circus Park that includes the locations of the now demolished Statler & Tuller Hotels and the currently vacant United Artists Building, or above the city's Premier Garage, which is the former site of Hudson's building.

Once the decision is made, it will take another 18 to 24 months to complete due diligence, renderings and construction plans. Gilbert is intent on developing both parcels of land and brining other companies into the mix. The city has also given Gilbert options to develop the Lafayette building and two city owned parking lots between Broadway and Library as part of the agreement.

Hudsons Site

Statler Site

Lafayette Building

City parking lots between Library and Broadway