Gilbert Buys Another Building, Detroit Car Museum Possible.

Kinja'd!!! "Dwhite - Powered by Caffeine, Daft Punk, and Corgis" (Dwhite95)
12/15/2014 at 13:34 • Filed to: None

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Dan Gilbert has bought another building in Detroit, huge surprise there, but this one may become the location for a new !!!error: Indecipherable SUB-paragraph formatting!!! . It would be a nice change to the historic car landscape in Detroit since most of the landmarks are !!!error: Indecipherable SUB-paragraph formatting!!! or are just abandoned hulks in the distant landscape. Some possible amenities could include a diner and a drive-in movie theater. While only in planning stages the project has already received 501(c)3 status, a trademark, logo, and a website in development. A main challenge sited for the building is the lack of parking, the developers says that if a close location to find parking for 200-400 vehicles is not found they will look else where.

No matter what happens its nice to see the State Savings Bank getting another lease on life since it has been going through some fairly !!!error: Indecipherable SUB-paragraph formatting!!! . Or it could get turned into a parking garage, which these developers wanted to do with this same property just last year. Only time will tell.

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DISCUSSION (7)


Kinja'd!!! For Sweden > Dwhite - Powered by Caffeine, Daft Punk, and Corgis
12/15/2014 at 13:37

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If Mr. Gilbert truly loved Detroit, he'd send LeBron James to the Pistons.


Kinja'd!!! GeorgeyBoy > Dwhite - Powered by Caffeine, Daft Punk, and Corgis
12/15/2014 at 13:38

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Something about old banks that turn me on.


Kinja'd!!! Dwhite - Powered by Caffeine, Daft Punk, and Corgis > For Sweden
12/15/2014 at 13:39

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Not even that would help them... But hey, at least we're not the 76ers.


Kinja'd!!! Dwhite - Powered by Caffeine, Daft Punk, and Corgis > GeorgeyBoy
12/15/2014 at 13:40

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The giant windows, the classic architecture, its a timeless style.


Kinja'd!!! desertdog5051 > Dwhite - Powered by Caffeine, Daft Punk, and Corgis
12/15/2014 at 13:46

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Curious, who is Dan Gilbert and what is his connection to the MC?


Kinja'd!!! BKosher84 > desertdog5051
12/15/2014 at 15:25

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Gilbert was born to a Jewish [4] [5] [6] family in Detroit , Michigan [7] and grew up in Southfield, Michigan . [8] He earned his bachelor's degree from Michigan State University , a Juris Doctor from Wayne State University Law School and is a member of the State Bar of Michigan . [3] While in college he earned a real estate agent 's license [9] and while in law school, he worked part time at his parent's Century 21 Real Estate agency. [10]

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Quicken Loans moved its headquarters and 1,700 of its team members to downtown Detroit in August 2010, where Gilbert and the company are helping lead a revitalization of Detroit's urban core. [3] Today, Gilbert-owned businesses employ 11,500 people in the city.

In 2011, Gilbert's Rock Ventures group purchased several buildings in downtown Detroit , including the historic Madison Theatre Building, [26] Chase Tower and Two Detroit Center (parking garage), [27] Dime Building (renamed Chrysler House), [28] First National Building [29] and three smaller buildings on Woodward Avenue. [30] In 2012, Rock Ventures, the umbrella entity formed to provide operational coordination, guidance and integration of Gilbert's portfolio of companies, investments and real estate, purchased the former Federal Reserve Bank of Chicago Detroit Branch Building , [31] One Woodward Avenue , 1201 Woodward (Kresge Building), and five smaller buildings on Woodward Avenue and Broadway Street, totaling 630,000 square feet of commercial space in downtown Detroit . [32] In 2013, Rock Ventures purchase the 1001 Woodward office tower, several smaller buildings in the downtown area and announced, along with The Downtown Detroit Partnership and the Detroit Economic Growth Group, a placemaking plan for Detroit's urban core.

Rock Ventures' downtown Detroit real estate investments include more than 60 properties (buildings and/or store fronts) totaling 9 million square feet. Four million square feet is commercial space; another 3.6 million square feet is parking (10,096 parking spaces). [33]


Kinja'd!!! desertdog5051 > BKosher84
12/15/2014 at 15:37

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People like that are what it takes to help turn around the decline in the MC. Plus, if it works, he stands to make a ton of money. Good for him.