Nonbank lenders will need billions of dollars to stave off a cash crunch caused by the coronavirus outbreak.
And other ways landlords, local government, and businesses are getting creative to sustain retail through the COVID-19 outbreak.
Dan Gilbert’s development firm had been restoring the Art Deco skyscraper since purchasing it in 2015.
Here’s what the new event space at Quicken Loans’s headquarters will look like.
From skyscrapers to jails, here are 11 of the biggest projects in the works from Bedrock.
The Detroit-based company could issue $140 billion in mortgages in 2019.
Tlaib joins three members of Congress who signed a letter urging an investigation into possible political influence.
The retailer’s first store in Detroit is in a Bedrock-owned building on Woodward.
The real estate moguls will partner with the University of Michigan to build the campus at the former "fail jail" site.
The spectacular Beaux-Arts building downtown was saved by Bedrock and opened as an event space this year.
The Detroit Free Press reports that the city and state provided land and tax credits without adequate proof of financing.
The skydeck won’t be part of future plans either.
The Bedrock and Quicken Loans founder made his most public appearance to date since suffering a stroke in May.
The $23 million sale will likely go through in the fall
The Assembly has 32 apartment units, nearly 80K square feet of office space, and ground-floor retail
Bedrock has purchased the Herman and Ben Marks Fur Building in Capitol Park, along with acreage in the East Riverfront area.
Plus, the David Mackenzie house in Midtown will move next month.
Old Detroit architecture mixed with a classic style and brand
Dan Gilbert’s latest development will bring a 35-story office tower, multiple residential buildings, and two acres of green space to the area between Campus Martius and Greektown.
Two major downtown murals will disappear soon.
Jack Entertainment has sold Greektown Casino-Hotel to Penn National and VICI Properties for $1 billion, subject to regulatory approval.
The new design adds depth, dimension, and height to the tower.
The plan includes 900 residential units, park space, and a hotel at the vacant site.
The development at the historic site could include over 900 residential units at a cost of over $300 million.
The Michigan Strategic Fund approved $8 million in brownfield funding for the downtown redevelopment.
The apartment building for seniors and some townhouses are expecting move-ins by the end of summer.
The state finally disclosed just how much it was willing to give Amazon to move here.
The state approved tax breaks for four "transformational" projects, including the Hudson’s site, Book Tower, the Monroe Blocks, and One Campus Martius.
It’s part of the city’s efforts to enlist downtown landlords’ help in finding tax evaders.
The 3D-printed interactive model gives us an idea of what the new developments will look like within downtown.
Both developers noted that more college grads are staying or moving to the state and city, which is a big positive change in momentum.
Dan Gilbert’s Rock Ventures plans on building a $1 billion mixed-use development at the fail jail site.