General Motors has relinquished its headquarters since 1996 but will keep its headquarters in Detroit.
General Motors will move its nearly 30-year-old headquarters to the new Hudson’s Detroit building on Woodford Avenue.
The move is expected to take place within the next year. General Motors says it will work with developers to put its current home, the Renaissance Center overlooking the Detroit River, to smart use after he leaves. The facility has been the sole owner since 1996, when it paid for construction in cash.
The automaker’s new location is a newly built skyscraper owned by billionaire Dan Gilbert. Unlike its previous office, General Motors will pay rent for its stay at the Hudson site, for which it has signed a 15-year lease. The building is the second-tallest in Detroit, dwarfed by the soon-to-be-vacant Renaissance Center.
Speaking to reporters and local officials on Monday, CEO Mary Barra said, “It is for all of us at GM that we will continue to call Detroit our home for a long time to come. The corporation has not yet shown how much the move will cost.
General Motors’ transition to smaller offices underscores the effect of the COVID-19 pandemic on the company’s teams. Many painters have adapted to remote work over the past four years. While large companies, adding OEMs, have tried to bring their painters back to the office, their efforts have failed to recreate pre-2020 levels of footfall.
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