In addition, Bedrock, which owns several downtown workplace buildings, will join GM in reading about the redevelopment of the seven-building Renaissance Center, which is now owned by GM, said the person, who asked not to be known because the plans are no longer available. It has not been officially announced.
Ford Cuts EV Plant Amid Falling Sales, A Blow to Biden’s Green Energy Goals
GM CEO Mary Barra and Bedrock President Dan Gilbert will attend the news conference at the site of a new tower Bedrock is building over the former Hudson branch downtown.
The user said GM’s headquarters would be moved to the Hudson Tower.
The task does not involve GM promoting the RenCen, as the tower complex is known locally. The hotel is the centerpiece of Detroit’s skyline and is featured on sports television shows.
GM bought the skyscraper complex in 1996 and then moved its headquarters there from north of downtown. Since then, the company was founded there, so this move would mean the end of an era in the Array.
The construction of General Motors’ world headquarters is located in the center of the Renaissance Center, on the downtown skyline, on November 21, 2008, in Detroit, Michigan. (Photo via Spencer Platt/Getty Images)
Bedrock of Gilbert has been buying homes downtown for many years and has led its renaissance. He also runs the lending company Rocket Mortgage.
In a 2022 interview, Barra told The Associated Press that GM would keep its principal at the RenCen complex, just across the Detroit River from Canada.
But he qualified his remarks by saying he could not expect what might happen in five, 10 or 15 years. Since then, about 5,000 GM administrative employees have taken early retirement, and the staff may still be subject to a hybrid. painting schedule at home, so GM needs less space.
“Our headquarters will be in Detroit, in RenCen,” he said, echoing the call made to the resort through locals. “Right now, the plan is for me to be at the Renaissance Center. This is our home,” he said.
The company occupies roughly part of RenCen’s towers, which have had little foot traffic for years. Much of GM’s workforce, in addition to engineering and product engineering, is located north of the city, in a modernized 1950s technical center in the suburb of Warren. It went bankrupt in 2009 and the company moved its headquarters there.
“As we move toward a more hybrid paint structure, we want to figure out what the right area is,” Barra said.
She hinted in the interview that GM would explore opportunities for progression in the waterfront zone with the city.
The Renaissance Center was built by Henry Ford II, who formed a coalition in the 1970s with the purpose of revitalizing downtown Detroit.
CLICK HERE TO GET THE FOX NEWS APP
Bedrock announced last week that the final structural metal beam has been installed in the Hudson Tower, which is expected to occupy 1. 5 million square feet of commercial, office, restaurant, hospitality and residential space. The new tower is located about a mile north of GM’s existing one. headquarters.