The following is a timeline of investments, business ventures and community efforts in downtown Detroit by Bedrock and the Rock Ventures Family of Companies.
Microsoft: Microsoft is the leading platform and productivity company for the mobile-first, cloud-first world, and its mission is to empower every person and every organization on the planet to achieve more.
KIT + ACE: Canadian retailer Kit and Ace, a Vancouver-based company which specializes in technical cashmere clothing for women and men., opens a brand new 3,000 square foot flagship store at 1459 Woodward Avenue in downtown Detroit.
THE SKIP: The Skip, a new outdoor drinking destination, opens in the Belt. The drink menu features frozen beverages, tiki-style cocktails, boilermakers, craft beer and more.
INTERNATIONAL BANCARD: International Bancard, an industry leading technology-focused credit card processing company, announced that they will move their headquarters from Clawson, Michigan to 1505 Woodward Avenue in the heart of Detroit’s Central Business District. International Bancard has acquired naming rights to the building and 1505 Woodward will be renamed the ‘International Bancard’ building.
NIKE: The world's largest supplier and manufacturer of athletic gear an apparel opens a brand new two-level, 22,000 square foot retail store at 1261 Woodward Avenue in downtown Detroit.
GAIL & RICE: Gail & Rice, Inc., a longtime Detroit-area live marketing agency is expanding its footprint and adding a new office in downtown Detroit’s Chrysler House. Gail & Rice is celebrating their 85th year in business this year. Their newest location marks a return to the company’s downtown Detroit roots that trace back to 1931, the company’s original location was the Penobscot Building.
SHAKE SHACK: Legendary NYC-based fan favorite Shake Shack announces they will open a brand new location in downtown Detroit in the First National Building in 2017. Shake Shack is a modern day “roadside” burger stand known for its 100% all-natural, antibiotic-free Angus beef burgers, chicken, flat-top dogs, frozen custard, crinkle cut fries, beer and wine, and more.
1515 - 1519 WOODWARD:Bedrock acquires two historic mid-rise buildings located at 1515-1529 Woodward Avenue, designed by renowned architect Albert Kahn. The two properties contain approximately 120,000 square feet including first-floor retail space with frontage on Woodward Avenue.
LOVASCO: LoVasco, a Detroit-based, family-owned consulting firm, relocates its headquarters and 20 employees to One Woodward Avenue in downtown Detroit. Founded in 2013 by father-and-son team Gene and Michael LoVasco, the company specializes in insurance, employee benefits and retirement services. The new, larger location provides room for continued growth and expansion.
HOW AND NOSM MURAL: Twin brothers Raoul and Davide Perre, New York-based artists known as How and Nosm, paint their tallest mural to date on the One Campus Martius building in downtown Detroit. The new mural, titled ‘Balancing Act,’ measures 184’ x 60’ and is located on the northeast side of the building facing Gratiot Avenue and Farmer Street. Bedrock Detroit, Meridian Health and Library Street Collective partnered to bring this public art project to the city. Follow @BedrockArtWorks on Instagram for updates as the mural takes shape.
WINS FOR WARRIORS (W4WF): The Wins for Warriors Foundation (W4WF), a nonprofit organization founded by Detroit Tigers All-Star pitcher Justin Verlander, relocates its headquarters to Chrysler House at 719 Griswold Street. Founded in 2013, Wins for Warriors provides much-needed support for veterans and their families.
1900 ST. ANTOINE: Bedrock acquires 1900 St. Antoine, a five-story office building located just off the Madison exit of I-375 at the gateway to downtown Detroit. The modern mid-rise building contains approximately 108,000 square feet and is immediately adjacent to Ford Field. The acquisition includes rights to the Ford Field parking deck. The building is currently 11% occupied, but will soon be 100% leased with vibrant finishes to accommodate hundreds of employees of a soon-to-be-announced tenant who has signed a long-term lease for 96,000 square feet.
CALEXICO: Popular NYC restaurant and bar, Calexico, announces it will open a brand new 4,000 square foot location at One Campus Martius in downtown Detroit. The restaurant is expected to open this summer at the corner of Woodward and Gratiot Avenues. Calexico combines Mexican flavors with elements of Southern Barbeque. The menu features salads, bowls, entrees, specialty drinks, and craft cocktails. 70 new full-time employees will be hired.
WAHLBURGERS: Greektown Casino-Hotel announces that Michigan’s first Wahlburgers restaurant will open at 569 Monroe Street in Detroit’s historic Greektown Entertainment District. The celebrity-owned burger restaurant and bar, founded by actor Mark Wahlberg and his two brothers, is expected to open this summer serving lunch and dinner daily.
ESCAPE THE ROOM: The popular New York City-based live-action game Escape the Room opens its first Michigan location at 1030 Randolph in downtown Detroit. The 60-minute game challenges groups of players to work together and race against the clock, identifying and solving a series of increasingly challenging riddles in order to find the key that will get them out of a locked room. Escape the room is open Thursdays from 5 p.m. to 10 p.m., Fridays from 6 p.m. to midnight, and Saturdays and Sundays from noon to 10 p.m. Tickets are $28 per person. Learn more at www.escapetheroom.com/detroit.
VAULT OF MIDNIGHT: The award winning, internationally recognized, Ann Arbor-based comic book and board game shop, Vault of Midnight, announces plans to expand its business and open a brand new location at 1226 Library St., between Gratiot and Grand River Avenues, in downtown Detroit. The company plans to hire five new full-time employees. The 2,000 square foot shop, expected to open this spring, will offer a broad selection of comic books and graphic novels as well as toys, games, action figures and branded merchandise in The Z retail space, which has become a destination for shopping, dining and one-of-a-kind art.
JACK Entertainment: Rock Gaming LLC introduces the exciting new brand for Rock Gaming and its wholly owned casinos in Ohio and Detroit. Rock Gaming is now known as JACK Entertainment LLC. JACK and its affiliates‘portfolio of properties includes more than 13,000 gaming positions, 400,000-square-feet of gaming space, 600 hotel rooms, and 35 bars and restaurants. JACK is comprised of approximately 7,000 team members across four states and generates more than $1 billion in revenues.
QSTRIDE: QStride, a leading technology solutions provider specializing in business intelligence, analytics and information technology (IT) consulting services,moves into its new headquarters at One Woodward Avenue. The company relocated from Troy, Michigan to downtown Detroit’s burgeoning high-tech corridor. QStride’s new offices are located on the 16th floor of the Minoru Yamasaki-designed skyscraper with panoramic views of the Detroit River and city skyline. In addition to the move, QStride is actively hiring to fill approximately 30 new technology jobs. For a complete listing of job titles, descriptions and qualifications, click here.
PLANTE MORAN: Plante Moran, one of the nation’s largest certified public accounting and business advisory firms, announces it is significantly expanding its presence in downtown Detroit, doubling its office space and workforce at One Campus Martius. The company will increase its space by 13,000 square feet, bringing its total office space to 30,000 square feet on the building’s third floor. The firm will move approximately 60 new staff members into the expanded office space by June 2016, bringing Plante Moran’s downtown Detroit workforce to 120 team members. The landmark building, owned by Bedrock Real Estate Services and Meridian Health, is now 100 percent occupied.
LOFTS @ WOODWARD CENTER: Bedrock acquires the Lofts @ Woodward Center, three adjoining historic buildings located at 1424-1448 Woodward Ave. The buildings, dating back to the early 1900’s, are located on the east side of Woodward between Grand River Avenue and John R Street. The property contains three first-floor retail spaces and 61 residential units totaling approximately 105,000 square feet. The acquisition includes a surface lot located behind the buildings on Farmer Street which contains 28 parking spaces. The Lofts @ Woodward Center provides key retail and residential space along the future route of the M-1 RAIL on one of the city’s most celebrated avenues in Detroit’s burgeoning downtown shopping, dining and technology district.
CORKTOWN LOFTS: Bedrock acquires Corktown Lofts which includes a four-story loft-style office building, two warehouses and two surface lots totaling approximately 178,500 square feet. The properties are located in the Corktown neighborhood, a short distance from the state-of-the-art Quicken Loans Technology Center, and will provide key mixed-use space and creative redevelopment opportunities in this vibrant, growing area. Current tenants at Corktown Lofts include award-winning creative content studio Pluto Post Productions and photographer, artist and collector Lisa Spindler.
COURTSIDE VENTURES: Courtside Ventures, an early stage venture capital firm to support innovative technology disrupters across sports and media launches with operations in Detroit and New York. The venture is a partnership between Bruin Sports Capital, the media, sports, marketing and branded lifestyle venture launched in 2015 by George Pyne; WPP, the world’s leading communication services company; and Dan Gilbert. Operations in Detroit will be headquartered in the Madison Building.
BEDROCK 2015 RECAP: Bedrock Real Estate Services announces 70 new tenants signed leases in 2015 encompassing nearly 1.3 million square feet of retail and office space, the largest volume since Bedrock began acquiring properties in 2011. 53 new leases were signed in 2014 totaling 1.1 million square feet. Following an exciting year of growth, Bedrock also added 3.3 million square feet to its real estate portfolio. The Detroit-based full-service real estate firm and its affiliates have invested nearly $2.2 billion in acquiring, renovating and developing 80+ properties in downtown Detroit totaling nearly 14 million square feet.
FIFTH THIRD BANK: Fortune 500 company Fifth Third Bank moves its first wave of 90 employees into its new regional headquarters at One Woodward Avenue in downtown Detroit. The bank’s senior executive team and all commercial, business and private bankers, wealth management staff and support staff began moving into their offices December 21. A second wave of an additional 90 people will move in by summer 2016. In all, the bank will occupy four floors at One Woodward encompassing 62,000 square feet.
STANDBY: The contemporary cocktail bar and eatery, Standby, opens at 225 Gratiot Avenue. Guests enter through an old elevator shaft tucked into the art-filled alley known as ‘The Belt’ (connecting Gratiot and Grand River Avenues between Broadway and Library Streets) and emerge inside a cozy dining space with a unique selection of craft cocktails and decadent dishes. Open 5 p.m. to 2 a.m. seven days a week.
AVALON HEARTH AND SOUL CAFÉ: Longtime local favorite Avalon International Breads announces plans to expand and open a new café at 1049 Woodward Avenue in downtown Detroit. The new location will feature Avalon’s signature freshly-baked artisan breads, pastries, sandwiches and coffee in addition to an expanded menu of healthy, seasonal breakfast, lunch and dinner. The 2,900-square-foot café is expected to open by summer 2016 and will bring approximately 25 new jobs to the Central Business District.
ASHE SUPPLY CO.: ASHE Supply Co. announces its first permanent location in the Madison Building at 1555 Broadway. The new café will offer ASHE’s signature house roasted coffee, espresso beverages, tea, egg sandwiches and pastries as well as their line of handmade artisan goods and apparel. The “steampunk, motorcycle-culture” inspired café will seat up to 30 people and will serve as a downtown community gathering place.
CREATIVE CIRCLE: Creative Circle, the nation’s largest creative staffing agency, moves its offices from Southfield to Chrysler House at 719 Griswold Street, becoming the only specialized staffing agency of its kind with a presence in downtown Detroit. The company connects advertising, marketing, creatives and interactive professionals with agencies, brands and companies seeking talent on both a freelance and full-time basis.
HOUSE OF PURE VIN: Sophisticated wine shop, House of Pure Vin, opens for business at 1433 Woodward Avenue. The 3,100 square foot street-level retail shop features thousands of bottles of wine from an extensive list of brands with a special focus on Michigan-made products.
CITY LOFT + THE DETROIT SHOPPE: The Somerset Collection and Bedrock Real Estate Services partner for the fifth year to open CityLoft in a new location at 1001 Woodward Avenue in downtown Detroit. Items from nearly 40 brands including Louis Vuitton, Coach, Banana Republic, Pottery Barn and more are available for purchase. The store also features a fireplace patio and a bar operated by Townhouse, serving beer, wine and champagne onsite. The Detroit Shoppe also opens in a new location at 1520 Woodward Avenue with a wide variety of “made in Detroit” products. Hours for both stores are Tuesday through Saturday from 11 a.m. to 7 p.m. through December 19.
NIKE: The world’s largest supplier and manufacturer of athletic gear and apparel announces a brand new two-level, 22,000 square foot Nike Detroit store, under construction at 1261 Woodward Avenue in the former F. W. Woolworth Co. building along the future route of the M-1 RAIL. The new destination retail store is slated to open in spring 2016.
ZIEBEN MARE: Franklin-based Zieban Mare opens its first-ever downtown Detroit holiday shop at the First National Building, 660 Woodward Avenue. The lifestyle boutique known for offering “a little bit of everything” sells men’s, women’s and children’s apparel, home décor and a wide variety of gift items. The shop will remain open Monday through Saturday from 11 a.m. to 6 p.m. through December 19.
ROCKET FIBER: Detroit-based high-speed Internet service provider, Rocket Fiber, grows to 30 team members and moves in to new world headquarters 1505 Woodward Avenue in downtown Detroit. The 48,000 square-foot Albert Kahn-designed building is owned and managed by Bedrock Real Estate Services. Rocket Fiber is the first tenant in the newly renovated historic building being brought back to life along the future route of the M-1 RAIL.
ROCKET FIBER: Detroit-based high-speed Internet service provider, Rocket Fiber, announces its lightning fast fiber lines will provide up to 10-gigabit Internet speeds for residential customers and up to 100-gig speeds for businesses. This giant leap launches Detroit into a small group of technology-savvy cities across the world that offer these gigabit speeds which are up to 1,000 times faster than the current residential average in Detroit. Beta testing is underway; the service is scheduled to launch in 2016. For more information, visit www.rocketfiber.com.
GOSS LLC: Full-service commercial insurance agency Goss LLC, specializing in nearly all types of commercial insurance and risk management, opens a new office in the First National Building at 660 Woodward Avenue. The company insures small, medium and large businesses and can provide any company with any type of insurance they need from global corporations with locations around the world to small, local businesses. For more information, visit www.gossllc.com.
DR. ROBERT DIPILLA: Award-winning dentist, Dr. Robert DiPilla, opens a new full-service dental office at One Woodward Avenue (suite 1625) in downtown Detroit. The 2,000-square-foot, state-of-the-art facility is located on the 16th floor of the iconic Minoru Yamasaki-designed skyscraper, owned and managed by Bedrock Real Estate Services. The office is Dr. DiPilla’s third location, joining his offices in Birmingham, Michigan and Manhattan. Services include restorative and cosmetic dentistry, general cleanings, facial rejuvenation, periodontal maintenance and more with sweeping views of the Detroit River and city skyline. Appointments can be made at www.drdipilla.com.
MOOSEJAW SEASONAL SHOP:Moosejaw, the leading national outdoor retailer, announces it will open a new seasonal shop for the holidays in the heart of downtown Detroit. The new shop, featuring a wide assortment of special, hard-to-find styles from The North Face and Patagonia brands, is located at 1441 Woodward Avenue. The exclusive shop is less than a block north of Moosejaw's permanent location at 1275 Woodward Avenue. The retailer partnered with Bedrock Real Estate Services to secure the 4,000 square foot street-level space through the holiday season.
BENZINGA: Financial news and data startup, Benzinga, announces it will relocate its headquarters and 35 full-time employees to One Campus Martius in downtown Detroit. The fast-growing company plans to double its workforce over the next two years, adding up to 40 new jobs. Benzinga is a financial media platform offering customized data and content solutions to investors worldwide. The new offices will occupy 8,000 square feet of open, collaborative workspace on the second floor of the landmark high-rise, owned by Bedrock Real Estate Services and Meridian Health.
LEAR INNOVATION AND DESIGN CENTER: Bedrock Real Estate Services announces the sale of the historic 119 State Street building in Detroit’s Capitol Park to Lear Corporation, a world leader in automotive seating and electrical distribution systems. The global automotive supplier will turn the six-story, 35,000 square foot building at the corner of State and Shelby Streets into a new Innovation and Design Center. The hub for art, creativity, automotive advanced concept development and hands-on learning for Detroit college students will bring 150 jobs downtown. The building, which dates back to 1887 and originally housed Brown Brothers Cigar Manufacturers, will have programs and facilities for automotive innovation, a non-automotive new business incubator, a think tank, creative design studio, an art gallery, Lear executive satellite offices, conference and meeting space and a rooftop garden. The project is slated for completion in 2016.
DETROIT ORTHODONTIC SPECIALISTS:Downtown Detroit’s first Invisalign-only orthodontic practice opens on the fifth floor of Bedrock’s Globe building at 407 E. Fort Street. Three suburban orthodontists, Dr. Mike Lanzetta, Dr. Mary Barkley and Dr. Ken Norwick, joined forces to start the new practice which uses state-of-the-art technology and clear plastic aligners to straighten teeth in a chic, urban setting. Open Monday, Wednesday and Thursday from 7 a.m. to 2 p.m., by appointment. Call (313) 769-2030 or visit www.dosortho.com for more information.
STOCKX: StockX.com is the world’s first online consumer “stock market of things” for high-demand, limited edition products and features a live marketplace where participants anonymously buy and sell limited edition consumer products (such as sneakers) with stock market-like visibility.
GREEKTOWN STARBUCKS: Greektown Entertainment District’s first Starbucks location opens on the corner of Monroe Avenue and St. Antoine Street. Greektown Casino-Hotel and Bedrock Real Estate Services teamed up to bring this new Starbucks location to the historic Greektown district. The 1,800-square foot store is operated by Compass Group USA and is open daily from 5:30 a.m. to 11:00 p.m.
BOOK TOWER, BOOK BUILDING + COMMUNITY CENTER: Bedrock acquires the historic 38-story Book Tower skyscraper, the attached 13-story Book Building and an adjacent 2-story community center in downtown Detroit. The three buildings, totaling 517,000 square feet, are located at 1265, 1249 and 1201 Washington Boulevard, spanning an entire city block between Grand River Avenue and State Street. The properties will be transformed into one of the most exciting mixed-use redevelopments in Bedrock’s real estate portfolio. The stunning Book Tower, recognizable for its copper roof and ornate details, dates back to 1926. It was built in the Italian Renaissance style by famed architect Louis Kamper who also designed the Book Building in 1917.
ENTERPRISE: Enterprise Rent-A-Car, an internationally recognized brand with more than 7,000 neighborhood and airport locations across North America and Europe, opens a new downtown Detroit location in the 1001 Brush Street garage in the heart of the Greektown Entertainment District. Enterprise is well-known for its great rates, award-winning customer service and picking up local car rental customers at no extra cost.
DROUGHT: DROUGHT opens a new, permanent retail location in downtown Detroit at 719 Griswold selling organic, cold-pressed raw fruit and vegetable juices, hemp milk and cold brew coffee. Four metro Detroit sisters started the successful company in their parents’ kitchen. The store is open seven days a week. For more information, visit www.droughtjuice.com
CENTRAL KITCHEN + BAR: Modern American gastropub, Central Kitchen + Bar, opens on the ground level of the First National Building at 660 Woodward Avenue. The restaurant and bar features approachable, upscale bar food and offers indoor and outdoor seating. Central serves brunch, dinner and drinks seven days a week. For hours or for more information, call (313) 963-9000 or visit www.centraldetroit.com.
HOUSE OF PURE VIN: Sophisticated wine shop, House of Pure Vin, announces plans to open in late September at 1433 Woodward Avenue. The 3,100 square foot street-level retail shop will feature more than 4,000 bottles of wine from up to 400 brands with a special focus on Michigan-made products. Michigan is the fifth-largest wine producing state in the U.S. House of Pure Vin is a bridge between the Michigan wine industry, tourism, and downtown Detroit. The shop has a master sommelier on staff and will offer wine tastings, special events, and gift baskets.
HONIGMAN: Honigman Miller Schwartz and Cohn LLP signs a long-term lease to remain in the historic First National Building at 660 Woodward Avenue for the next 10 years and beyond. Bedrock Real Estate Services, which owns and manages the iconic skyscraper, is working with Honigman to completely refurbish more than 150,000 square feet of space for the law firm, which houses more than 400 attorneys and team members.
DETROIT WATER ICE FACTORY:Detroit Water Ice Factory, a charitable dessert shop, opens at 1014 Woodward Avenue in the retail space at One Campus Martius. 100% of the profits from the shop will benefit Mitch Albom’s S.A.Y. Detroit charities which assist Detroiters in need from newborns to senior citizens. In addition, Detroit Water Ice employees will gain valuable work experience through youth training programs run by Goodwill Industries of Greater Detroit. Bedrock Real Estate Services is providing the space for the shop rent-free.
TOWNHOUSE: Townhouse restaurant opens its highly anticipated downtown Detroit location at One Detroit Center (500 Woodward Avenue). The restaurant features a 3,000 square foot all-glass, all-season dining area with a retractable roof and walls, a seafood pantry and an indoor whiskey lounge. Carts are used to serve American-style dim sum with a variety of appetizers and small bites. The menu includes gourmet burgers, build your own salads, salmon, shrimp tacos, steak frites and more. Townhouse is open Monday through Friday from 11 a.m. to 2 a.m. and Saturdays and Sundays from 9 a.m. to 2 a.m.
MOLINA HEALTHCARE:Molina Healthcare, one Michigan’s largest Medicaid HMO plans, holds an official ribbon cutting ceremony to celebrate the opening of its new offices at 615 W. Lafayette in downtown Detroit. The company’s move downtown created 125 new jobs. Bedrock Real Estate Services is restoring the historic Albert Kahn designed building which is the former home of The Detroit News and Free Press. Molina is leasing 30,000 square feet of office space on the 5th floor. Construction on other floors is ongoing.
DUCKETT MANAGEMENT: New York-based residential real estate development company Duckett Management opens an office in Bedrock’s First National Building at 660 Woodward Avenue and begins renovating a historic apartment building in Midtown. Spurred by a flood of investments and new business moving to the city, Duckett purchased the H.R. Finn Apartments at 678 Selden Street. The vacant 22,000 square foot building will be completely restored with 28 studio and one-bedroom apartments, two commercial office spaces, a laundry room, fitness facilities and more.
QUICKEN LOANS TECHNOLOGY CENTER:Quicken Loans’ ultra-high-tech, state-of-the-art 66,000 square-foot data center and office complex opens its doors. The new facility, built from the ground up, features two 10,000 square-foot server rooms in addition to training, office, and support space. Half of the data center is occupied by members of Quicken Loans’ technology team. An equal-sized 33,000 square-foot portion of the building, including the second 10,000 square-foot server room, is available for lease through Bedrock Real Estate Services. The center is located at 1401 Rosa Parks Boulevard in Detroit’s up-and-coming Corktown neighborhood.
STANDBY AND 'THE SKIP': Bedrock Real Estate Services and thirteen01 Restaurant Group announce two new downtown Detroit hotspots – a contemporary cocktail bar called Standby and a casual, outdoor alley bar, ‘The Skip.’ Both will be accessed through the art-filled alley known as ‘The Belt’ connecting Gratiot and Grand River Avenues between Broadway and Library Streets. Standby, an elegant and inviting bar and eatery, is located at 225 Gratiot Avenue. The Skip will be a 50-seat outdoor alley bar open every spring, summer and fall. Construction is underway on both projects and is expected to be completed this fall.
KIT AND ACE: Canadian retailer Kit and Ace, a Vancouver-based company which designs and develops luxury apparel for women and men, announces plans to open a 3,000 square foot flagship store at 1449 Woodward Avenue in downtown Detroit’s historic Merchant’s Row. The company, created by the wife and son of Lululemon Athletica founder, Chip Wilson, uses unique materials including a machine washable cashmere blend. The store is slated to open in early 2016 and will be a one-of-a-kind shopping destination downtown featuring “hyper-local” elements including the work of local artists and events involving local restaurants.
SHEPARD FAIREY MURAL: World renowned street artist Shepard Fairey paints his largest mural to date on an outer wall of One Campus Martius. The 184’ x 60’ mural took the artist and his team approximately one week to complete. Fairey also created a smaller mural and five large panels for the art-filled alley known as The Belt which cuts through The Z garage. In addition, Fairey’s work is featured in a solo exhibition at the Library Street Collective gallery, 1260 Library Street.
LOTHRUP PARKING GARAGE + CASS PARKING GARAGE: Bedrock Real Estate Services acquires two parking garages in Detroit’s New Center Neighborhood. The structures include the Lothrop Garage at 116 Lothrop and Cass Garage at 6540 Cass. The two garages contain a combined total of 1,815 parking spaces, located within one block of a future M-1 RAIL station.
DAVID STOTT BUILDING + CLARK LOFTS: Bedrock Real Estate Services acquires two historic buildings, the 35-story, 210,000 square foot landmark David Stott Building (1150 Griswold) and 10-story, 36,000 square foot Clark Lofts (35 West Grand River), in downtown Detroit’s Capitol Park. The two structures, which are currently vacant, will be fully renovated and managed by Bedrock in one of the city’s most exciting, up-and-coming neighborhoods. Capitol Park is a block-long triangle bounded by Shelby, Griswold and State Streets.
STARBUCKS:Greektown Casino-Hotel and Bedrock Real Estate Services announce the first Starbucks location, operated by Compass Group USA, coming to downtown Detroit’s historic Greektown Entertainment District. Starbucks will occupy approximately 1,800 square feet on the first floor and will be accessible from both St. Antoine Street and the hotel lobby, which is located at the corner of Monroe Avenue and St. Antoine Streets. The coffee shop is expected to open in September 2015; hours will be 5:30 a.m. to 11 p.m. daily.
BRUSH PARK REDEVELOPMENT: Detroit’s first major residential development in decades is announced for the city’s historic Brush Park neighborhood (bounded by Edmund, John R, Brush and Alfred). Brush Park Development Partners was selected to transform the 8.4-acre, 47-parcel site, constructing more than 300 new residential units, retail and green public space within walking distance of the M-1 RAIL streetcar line. Four historic mansions will be restored in addition to new construction. Both for-sale and for-rent options will be available. Brush Park Development Partners includes: Marvin Beatty, Darrell Burks, Freman Hendrix, Pamela Rodgers, Sam Thomas, and Bedrock Development. The project is expected to be completed in 2017.
XENITH: Rock Ventures announces Xenith LLC, a member of its family of companies and a leading developer of innovative football helmets and shoulder pads, has moved its manufacturing assembly from the east coast to Southwest Detroit. The move to Detroit was made possible by several companies including Fathead, Lear Corporation, Rock Ventures, Sturgis Molded Products and James Group International. Xenith football helmets feature Xenith Adaptive Head Protection® - a system of patented technologies designed to provide superior fit and to help minimize the sudden movement of the head during impact. Hundreds of thousands of players at all levels, including youth, high school, major college and the NFL wear Xenith helmets. Xenith incorporates the same protection technology in not only helmets but also Xenith’s XFlexion Shoulder Pads.
BON BON BON: Artisan chocolatier Bon Bon Bon opens for business at Chrysler House (719 Griswold). The retail store, offering dozens of uniquely flavored two-bite bonbons, is open every Monday through Friday from 11 a.m to 7 p.m. and Saturdays from 10 a.m. to 3 p.m. The chocolate shop also takes special orders for parties and other occasions.
AMBER ENGINE: Rock Ventures announces the launch of Amber Engine, creators of a B2B cloud-based platform that is transforming the home furnishings industry and the way manufacturers and retailers conduct business. The company is headquartered in the historic Chrysler House building in the heart of downtown Detroit.
GAS STATION TV: GSTV, America’s leading video network at the pump, announces it will relocate its headquarters from Birmingham, Michigan to 1201 Woodward Avenue in downtown Detroit. GSTV will move its entire operation, including more than 80 team members, and occupy three floors totaling approximately 15,000 square feet. The move is expected to be completed by June. The historic building, owned and managed by Bedrock Real Estate Services, dates back to 1891 and is the former home of Kresge department store.
ALLY FINANCIAL:Fortune 500 company Ally Financial announces it has signed a historic 12-year lease deal with Bedrock Real Estate Services. The company will consolidate its Southeast Michigan workforce and move 1,500 employees to One Detroit Center beginning in spring 2016. The nation’s leading automotive financial services company will occupy 13 floors and 321,000 square feet in the building, to be renamed “Ally Detroit Center.” Ally will relocate 700 employees already in Detroit plus an additional 600 employees from other metro Detroit locations. In addition, the company will work with 200 third party contractors and vendors.
ONE DETROIT CENTER: Bedrock Real Estate Services acquires One Detroit Center, a 43-story, one million square foot skyscraper located at 500 Woodward Avenue between Congress and Larned Streets and an attached parking structure with more than 2,000 spaces. One Detroit Center is Detroit and Michigan’s tallest office tower. Built in 1993, it is a prominent fixture in the city’s skyline with its Flemish-inspired neo-gothic spires. A new, 7,000 square foot Townhouse restaurant with an all-glass dining space and retractable roof is scheduled to open on the ground floor this summer. Ally Financial will establish its new Detroit headquarters in the building and rename the office tower “Ally Detroit Center.”
CENTRAL KITCHEN + BAR: Construction begins on modern American gastropub, Central Kitchen + Bar to be located on the ground level of the First National Building (660 Woodward Avenue.) The restaurant and bar will feature approachable, upscale bar food. Opening is scheduled for July 2015. Central is expected to bring approximately 50 new jobs to Detroit's Central Business District.
JOHN VARVATOS: Famed American menswear designed John Varvatos opens his first Midwest store in the heart of downtown Detroit at 1500 Woodward Avenue. With more than 4,600 square feet on two levels, the store offers the full product breadth of John Varvatos menswear and provides a unique shopping destination for the entire region.
BON BON BON: Hamtramck-based Bon Bon Bon, an artisan chocolatier making more than 70 varieties of uniquely flavored chocolates, announces plans to open a new 400-square foot retail space at Chrysler House (719 Griswold). Flavors include birthday cake, sweet potato pie, s'mores and more. The store will open in spring 2015.
WXYZ-TV STUDIO: WXYZ-TV (Channel 7) launches its official 7 downtown debut marking the start of daily noon broadcasts from its new, state-of-the-art glass studio inside Chase Tower (The Qube) at 611 Woodward Avenue. The live newscasts are anchored by JoAnne Purtan every weekday.
ROCKET FIBER: Dan Gilbert, founder and chairman of Quicken Loans and Rock Ventures, confirms the formation of Rocket Fiber LLC, a game-changing, Detroit-based high-speed Internet provider. The brand new advanced fiber-optic network will boost Internet speeds up to 100 times faster than the current residential average. Rocket Fiber will serve residents, local government and businesses in downtown Detroit, with plans to expand to other parts of the city.
6 NEW TENANTS: Bedrock announces six new tenants have opened or are opening offices totaling 16,000 square feet in Detroit’s Central Business District. The new tenants range from accounting to construction contracting and parking management services and include: Dixon Masonry and Colburn & Colburn (both at 660 Woodward); Ultimate Parking Management (1001 Woodward); Siegfried Group (One Woodward); JFM Consulting Group and Great Lakes Architectural Products Group (both at 1301 Broadway). The businesses all signed leases between September 2014 and February 2015.
FRESHII: Freshii, a restaurant focused on providing fresh, nutritious meal choices for people on the go, opens a new downtown Detroit location at 1001 Woodward Avenue. Freshii’s meals and snacks are fiber-rich and contain slow-burning carbs, essential fats and lean proteins. Menu items include custom-made green wraps, salads, quinoa bowls and fresh pressed juices.
MICHIGAN OFFICE SOLUTIONS: Michigan Office Solutions (MOS), a wholly owned subsidiary of Xerox Co. and a provider of leading-edge office technology and 3D solutions for businesses, opens a new downtown Detroit location at 1001 Woodward Avenue. More than two dozen MOS team members move into a 4,374 square foot space in the 23-story office building near Campus Martius Park. The new location includes a technology showcase area and room for significant growth.
ROCK PROCESSING LLC: Rock Ventures, the Quicken Loans family of companies and International Bancard, an industry-leading credit card processing company, announce the creation of Rock Processing. The new downtown Detroit-based company will provide credit card, debit card, and automated clearing house services. Rock Processing clients will benefit from real-time transaction reporting, $100,000 in data breach protection, dedicated service consultants and the quick clearing of funds into bank accounts.
1274 LIBRARY STREET: Bedrock Real Estate Services acquires 1274 Library Street, also known as the historic L.B. King & Co. building. The six-story, 36,000 square foot building is located at the corner of Grand River Avenue and Library Street. Curis Enterprises, a Detroit-based real estate development and management firm, was a partner in the purchase. The building dates back to 1911 and is on the National Register of Historic Places.
AMBER ENGINE: Amber Engine, a change agent Software as a Service (SaaS) is formed. Designed to serve the $275 billion home furnishings and décor B2B industry, this unique platform leverages the company’s deep knowledge of the industry and offers a robust product description and image solution in one simple, centralized location.
CITIZEN YOGA: Citizen Yoga opens its downtown Detroit location at 1224 Library Street, offering a variety of yoga classes seven days a week. The warm and welcoming 2,300 square foot studio has showers and lockers with charging stations for professionals on the go. Classes range from Vinyasa to Basics with an emphasis on alignment. Citizen Yoga also carries a cool line of yoga clothing, jewelry, and other items.
COMPUWARE BUILDING: Bedrock Real Estate Services and Meridian Health close on the purchase of the 15-story, one million square-foot Compuware Building at One Campus Martius. Quicken Loans will occupy an additional floor for a total of five floors or more than 300,000 square feet. Meridian will move approximately 700 team members to its new headquarters in the building by spring 2015, encompassing four floors with plans to expand to five floors and 2,000 team members by 2019. Bedrock’s investments in downtown Detroit have now topped $1.6 billion in about 70 properties (10 million square feet). The landmark building will eventually be renamed.
STATE SAVINGS BANK: Bedrock Real Estate Services purchases the historic State Savings Bank building at 151 W. Fort Street, built in 1900 by famed architects McKim, Mead & White.
ROBB REPORT: Rockbridge Growth Equity, Rock Ventures’ private equity firm, acquires Robb Report, the worldwide definitive authority on luxury lifestyle which connects the most discerning global audiences to the most respected luxury marketers through magazines, websites, events and a private club.
PUNCH BOWL SOCIAL: Nationally acclaimed gastro diner, bar and entertainment venue Punch Bowl Social opens its newest location at 1331 Broadway Street in downtown Detroit. The 24,000 square foot space includes a dining area, bowling lanes, several bars, private karaoke rooms, Ping Pong, pool, retro video games and more. Punch Bowl Social is known for its made-from-scratch, upscale comfort food, artisan punches and craft cocktails. It is open for breakfast, lunch and dinner daily. Space can also be reserved for private parties.
SOMERSET COLLECTION CITYLOFT: Somerset Collection CityLoft opens in a new, bigger location inside the First National Building at 660 Woodward Avenue. The upscale pop-up shop, sponsored by Somerset Collection and Bedrock Real Estate Services, features 40 retailers from Gucci to Gap and is open Monday-Saturday from 10am to 7pm December 3 through December 23.
COMPUWARE BUILDING: Bedrock Real Estate Services signs a purchase agreement for downtown Detroit’s landmark Compuware Building at One Campus Martius. Bedrock also announces plans to partner with HMO Meridian Health on the acquisition of the 15-story, one million square-foot high-rise in the heart of Detroit’s thriving central business and technology district. Quicken Loans and its Family of Companies first moved 1,700 team members into the Compuware Building in 2010. Closing is expected by the end of the year.
‘THE BELT’ GRAND OPENING: A grand opening celebration with food trucks, live music, and hundreds of participants is held at ‘The Belt,’ a new public art experience in the alley that cuts through The Z garage (between Grand River and Gratiot Avenues). The Belt, created by Bedrock Real Estate Services and the fine art gallery Library Street Collective, features dozens of permanent murals by artists from around the world and a rotating pop-up art exhibit. The Belt is free and open to the public year round.
WXYZ-TV STUDIO: WXYZ-TV (Channel 7) broadcasts live for the first time from its new, state-of-the-art glass studio inside Chase Tower (The Qube) at 611 Woodward Avenue. The live broadcast focused on the decision by U.S. Bankruptcy Judge Steven Rhodes to approve Detroit’s plan to exit bankruptcy. WXYZ-TV plans to broadcast noon newscasts live from The Qube every weekday beginning in December.
FIFTH THIRD BANK: Fortune 500 company Fifth Third Bank announces it will move its regional headquarters and more than 150 full-time employees to Detroit from Southfield beginning in March 2015. The bank will occupy four floors encompassing 62,000 square feet at One Woodward Avenue. The 29-story skyscraper will be renamed Fifth Third Bank at One Woodward.
JOHN VARVATOS: Famed American menswear designer John Varvatos announces he will open his first Midwest retail boutique in the heart of downtown Detroit. The 4,000 square foot store will be located at 1500 Woodward Avenue. It is slated to open in spring 2015.
MOLINA HEALTHCARE INC: Molina Healthcare Inc. announces it will expand its Michigan presence and establish a new office in the Detroit Media Partnership building, 615 W. Lafayette Boulevard. The new 30,000 square foot office will open in fall 2014.
UHY LLP: Bedrock announces UHY LLP, a leading national CPA firm, will move into Chrysler House, located at 719 Griswold Street. Approximately 20 tax, corporate finance and mergers and acquisitions professionals and staff will occupy 3,400 square feet.
1250 GRISWOLD STREET: Bedrock acquires 1250 Griswold Street. The 8,700 square foot building is located between Grand River Avenue and State Street in Capitol Park.
DETROIT INSTITUTE OF MUSIC EDUCATION: The Detroit Institute of Music Education (D.I.M.E.) opens, welcoming its inaugural class of full-time students. The state-of-the-art music academy is located in Bedrock’s historic Bamlet Building at 1265 Griswold in Capitol Park. The building was completely renovated to house the college, classroom and performance space. Students can take career-driven courses focused on the live entertainment industry and earn a bachelor’s degree or diploma.
WXYZ-TV STUDIO: WXYZ-TV Channel 7 announces plans to start construction on a new, street-side glass studio in the ground-floor lobby of Chase Tower at 611 Woodward Avenue. The studio marks a return to the city for WXYZ-TV, which began broadcasting on Woodward in Detroit in 1948.
7 GREENS, DIME STORE AND CRANE’S ON BROADWAY: Three of Bedrock’s newest restaurant tenants open for business. 7 Greens, located in ‘The Z’ at 1222 Library Street, features fresh, gourmet salads. Dime Store is a new American brunch bar in the lobby of Chrysler House at 719 Griswold, serving breakfast, lunch, dinner and cocktails. Crane’s on Broadway is a casual breakfast and lunch cafe in the lobby of the M@dison Building, 1555 Broadway.
NEIGHBORHOODS WEEK: Quicken Loans partners with Life Remodeled to bring more than 1,500 team members to help clean up a Detroit neighborhood during Neighborhoods Week. Team members focused on Henderson Middle School and the two-block neighborhood surrounding it.
QUICKEN LOANS SPORTS ZONE: The Quicken Loans Sports Zone opens in Cadillac Square, part of Campus Martius Park in downtown Detroit. In partnership with the Detroit 300 Conservancy and the Detroit Sports Zone, the recreational area includes four basketball half courts that are free and open to the public from 9 a.m. to 9 p.m. daily through early October. The courts were complemented by a sand volleyball court for several weeks.
M-1 RAIL: Construction begins on the M-1 RAIL project, a 3.3 mile circulating streetcar along Woodward Avenue between Congress Street and West Grand Boulevard in downtown Detroit. M-1 RAIL is an unprecedented public-private partnership and model for regional collaboration. It is the first major transit project being led and funded by private businesses and philanthropic organizations in partnership with state and local governments and the U.S. Department of Transportation. Investors include Quicken Loans, Dan Gilbert and other Detroit business leaders, corporations, and organizations. Construction is slated for completion in 2016.
LIVE DOWNTOWN GAMES: The third annual Live Downtown Games kicks off with a week-long competition between leaders and team members of Quicken Loans, Blue Cross Blue Shield of Michigan, Compuware, DTE Energy, Marketing Associates and Strategic Staffing Solutions. The week consists of various athletic events and games in the heart of downtown Detroit. The competition recognizes the five-year, $4 million Live Downtown Program created to incentivize team members to live in downtown Detroit.
DETROIT INSTITUTE OF ARTS: Quicken Loans and the Rock Ventures Family of Companies pledge $5 million toward the “grand bargain” – the DIA’s commitment to raise $100 million to help the City of Detroit emerge from bankruptcy, support city pensioners and protect the museum’s art collection.
GENIUS: Dan Gilbert leads a $40 million investment (through Detroit Venture Partners) in the website Genius.com which decodes and annotates rap lyrics. The site was expanded to include sports, history, math, politics, religion, TV/movies, games and other channels. Genius co-founder, Ilan Zechory, caught Gilbert’s attention during a visit to downtown Detroit and the ingenious investment idea was born.
GLOBE BUILDING: Bedrock acquires the Globe Building at 407 E. Fort Street on the northeast corner of Brush and E. Fort, a six-story building with approximately 59,000 square feet of space.
USS DETROIT: The Navy League of the United States announces Detroit has been selected as the commissioning site for the Navy’s newest Littoral Combat Ship, USS DETROIT (LCS 7). The ship is being built in Marinette, WI, and will be formally commissioned on the Detroit River in spring 2016. Quicken Loans President Jay Farner is the honorary chairman of the USS Detroit commissioning committee. Quicken Loans will lead the weeklong christening ceremonies in 2016.
WRIGHT & COMPANY: Wright & Company, a chic, urban restaurant specializing in contemporary American small plates and craft cocktails, opens for business on the second floor of the Wright Kay Building at 1500 Woodward Avenue.
NOJO KICKS: Nojo Kicks, a unique, high-end sneaker and apparel shop opens in ‘The Z’ retail space at 1220 Library Street.
GAS STATION TV (GSTV): Rockbridge Growth Equity, Rock Ventures’ private equity firm, acquires Gas Station TV (GSTV), America’s #1 video network at the pump, delivering information and entertainment to more than 50 million monthly viewers nationwide.
DETROIT MEDIA PARTNERSHIP BUILDING: Bedrock acquires the 404,000 square foot Detroit Media Partnership building at 615 West Lafayette Boulevard. The Detroit News and Detroit Free Press will move to the Bedrock owned Federal Reserve Building at 160 W. Fort Street this fall.
RISE OF THE REST TOUR: Steve Case, co-founder of AOL and chairman and CEO of Revolution, kicks off his “Rise of the Rest” tour in Detroit, highlighting four Midwest cities as top locations for startup companies and entrepreneurship. The day includes a startup pitch competition in which Stik.com, a Detroit Venture Partners company, received a $100,000 investment from Steve Case. More details are available at www.riseoftherest.com.
MIKE’S KABOB GRILLE, WRIGHT & COMPANY AND FRESHII: Bedrock announces the recruitment of three new restaurants to Detroit’s Central Business District. Mike’s Kabob Grille will serve Mediterranean food at Chrysler House, 719 Griswold; Freshii will offer nutritious food choices for people on the go at 1001 Woodward; and Wright & Company will serve contemporary small plates and craft cocktails at 1500 Woodward.
SUMMER INTERNS: Quicken Loans and its Family of Companies hires more than 1,000 paid summer interns to spend the summer living, working and playing in Detroit.
QUICKEN LOANS TECHNOLOGY CENTER: Quicken Loans and Bedrock break ground on the Quicken Loans Technology Center, a state-of-the-art 66,000-square-foot data center and office complex at 1401 Rosa Parks Boulevard in Detroit’s vibrant Corktown district. The new facility will feature two 10,000-square-foot server rooms, training centers, and meeting space available for use by Quicken Loans’ technology team members.
CITIZEN YOGA, 7 GREENS AND NOJO KICKS: Bedrock announces the recruitment of Citizen Yoga, 7 Greens and NoJo Kicks as new tenants in ‘The Z’. The tenants will offer yoga, healthy, gourmet eating and premium retail options on the Library Street side of the parking structure.
MICROSOFT VENTURES: Microsoft Ventures lease space in the M@dison Building while partnering with the M@dison Block to offer the neighborhood’s entrepreneurs tools and resources to be successful and build world-class companies.
PUNCH BOWL SOCIAL: Bedrock announces national entertainment attraction Punch Bowl Social will be the anchor tenant of The Z, taking up the entire Broadway Street retail space. Punch Bowl Social will offer made-from-scratch, high-end comfort food, craft beer and handmade cocktails along with old-school games like bowling, Ping Pong, marbles, shuffleboard, darts, pinball, pool and more.
DETROIT INSTITUTE OF MUSIC EDUCATION: Bedrock announces Detroit Institute of Music Education (D.I.M.E.) will locate a school in the historic Bamlet Building at 1265 Griswold this fall. Founded by three British music veterans, D.I.M.E is a high-end music academy. Students can earn a bachelor’s degree or diploma in creative music performance, or sign up to take classes. Learn more at: http://www.dime-detroit.com.
PROJECT LIGHTHOUSE: The Detroit Police Department, in collaboration with Rock Ventures and other community partners, announces the expansion of Project Lighthouse, an innovative neighborhood watch program designed to keep residents, employees, and visitors safe in the city of Detroit. Expanded locations outside of the Central Business District include several gas stations throughout Detroit. These locations have pledged to provide safety assistance to citizens and visitors 24 hours a day, seven days a week.
THE Z: Bedrock’s first ground-up development in downtown Detroit known as ‘The Z’ opens to the public. The 10-story parking structure zigzags from the corner of Broadway and East Grand River to Library and Gratiot and features colorful murals by international artists on every level as well as state-of-the-art parking technology.
1400 WOODWARD: Bedrock acquires 1400 Woodward Avenue, just north of the former Hudson’s department store site. The eight-story building, built in 1915, adds 60,000 square feet to the company’s portfolio.
MOTOR CITY MAPPING: Rock Ventures partners with the Kresge Foundation, Skillman Foundation and Michigan State Housing and Development Authority (MSHDA), to fund a $1.5 million survey of every residential and commercial building and vacant lot in Detroit. The survey, known as Motor City Mapping, will document every one of Detroit’s nearly 400,000 parcels to determine the extent of blighted property citywide.
SHoP ARCHITECTS: Rock Ventures selects SHoP Architects as the architect of record to lead the design process for a landmark, multi-use development at the Hudson’s site. SHoP will partner with local architectural firm Hamilton Anderson Associates to create a visionary design for this property in Detroit’s urban core.
HOLIDAY D-LIGHT: Made in Detroit returns for a second year, bringing a full lineup of holiday retail to the 1200 block of Woodward Avenue including anchor tenant Moosejaw, the return of Somerset Collection City Loft, The Detroit Shoppe and new pop ups The Hand Made Company and Rock Paper Scissors. Woodward Avenue also glows with LED lights and window displays by Somerset Collection retailers.
PUBLIC WI-FI: ‘Opportunity Detroit’ public Wi-Fi launches in Campus Martius in the lobbies of the First National Building, 1001 Woodward and Chase Tower, 611 Woodward. The effort is sponsored by Bedrock Real Estate Services.
BoostUP: The start-up BoostUp launches in Detroit’s M@dison building (1555 Broadway) after relocating from Chicago. BoostUp, the 22nd portfolio company with Detroit Venture Partners, is a social savings platform that helps consumers save for life’s big purchases.
TWO PROPERTIES ACQUIRED: Bedrock adds 47,000-square-foot 1505 Woodward and 37,100-square-foot 1265 Griswold to its downtown Detroit real estate portfolio. These buildings add 84,000 square feet of mixed-use development to the company’s portfolio.
THE Z MURALS: Bedrock and fine-art gallery Library Street Collective announce the launch of a dynamic art project that will make “The Z” parking structure and retail development a uniquely exciting experience for downtown visitors. The Z will feature murals by 27 artists from around the world, including a local Detroit artist.
THE M@DISON BLOCK: Google for Entrepreneurs names the M@dison Block Detroit’s new start-up neighborhood as part of its international tech hub network. The M@dison Block, in the heart of downtown Detroit, is one of the most desirable hotbeds of technology entrepreneurship in the country.
BLIGHT REMOVAL TASK FORCE: Dan Gilbert is named as a co-chair of the Detroit Blight Removal Task Force by the Obama Administration.
BIZDOM: Four new companies enter Bizdom’s accelerator program in Detroit for the fall 2013 term.
dPOP!: Is the start-to-finish solution for your workspace, devoted to improving office facilities with creative, and purposeful design, space planning, furniture selection and more!
RAPIDADVANCE: Rockbridge Growth Equity, Rock Ventures’ private equity firm, acquires Maryland-based RapidAdvance -- a company specializing in helping small businesses get the money they need to operate and grow.
EMERGENCY VEHICLES: The first 15 police cruisers and 10 EMS units, paid for with a pledge from the business community (including Rock Ventures/Quicken Loans), are delivered to the Detroit Police Department.
GRAND CIRCUS: Grand Circus, a training institute on a mission to elevate the tech community, launches to meet the growing need for tech jobs in downtown Detroit.
ARISE! DETROIT: As part of ARISE! Detroit Neighborhoods Day, more than 1,200 Quicken Loans team members clean up Detroit’s neighborhoods by painting, removing debris, doing yard work and more.
SOMERSET CITYLOFT AND THE DETROIT SHOPPE: The Somerset Collection’s CityLoft and The Detroit Shoppe pop-up retail stores reopen in downtown Detroit. CityLoft features nearly 40 brands from the Somerset Collection’s luxury retail partners.
LIVE DOWNTOWN GAMES: The second annual Live Downtown Games kicks off with a week-long friendly competition between Quicken Loans, Blue Cross Blue Shield of Michigan, Compuware, DTE Energy, Marketing Associates and Strategic Staffing Solutions. The competition recognizes the five-year, $4 million Live Downtown Program created to incentivize team members to live in the city in Detroit.
1238 RANDOLPH: Bedrock acquires 1238 Randolph Street, the former Serman’s building in the historic Greektown neighborhood. The 37,700-square-foot building was constructed in 1905 and is located at the gateway to the Greektown entertainment and casino district.
HUDSON’S SITE COMPETITION: Opportunity Detroit sponsors an international design ideas competition to develop a signature project on the historic Hudson’s Department Store site. More than 200 designs are submitted from around the world; the winning entry is from Rome, Italy.
SUMMER INTERNS: The Rock Ventures Family of Companies hire 1,200 paid summer interns to spend the summer living, working and playing in Detroit.
BIZDOM: Three new companies enter Bizdom’s accelerator program in Detroit for the summer 2013 term.
ROSSETTI: The international architectural planning and design firm Rossetti announces it will move its headquarters to Bedrock’s historic Federal Reserve Building, located at 160 W. Fort Street.
GREEKTOWN CASINO-HOTEL: Rock Gaming affiliate, Athens Acquisition LLC, acquires majority interest in downtown Detroit’s Greektown Casino-Hotel with a vision to enhance and grow the existing entertainment district.
620 AND 630 WOODWARD: Bedrock acquires the historic, four-story 620 Woodward and the four-story 630 Woodward building, adding 48,000 square feet to its real estate portfolio. Both buildings are located on the northbound side of Woodward Avenue in the heart of Detroit’s thriving Central Business District.
1001 WOODWARD: Bedrock acquires the 23-story 1001 Woodward office tower, located in the heart of Detroit’s emerging tech district. The building dates back to 1965. It was built for the First Federal Savings and Loan of Detroit and features 287,000 square feet of prime office space.
PLACEMAKING: Rock Ventures, the Downtown Detroit Partnership (DDP) and the Detroit Economic Growth Corp. (DEGC) announce an extraordinary placemaking plan for Detroit’s urban core.
VINTON BUILDING: Bedrock acquires the historic 12-story Albert Kahn-designed Vinton Building, 600 Woodward Avenue. Built in 1917, the 58,000 square foot building was added to the Michigan Register of Historic Places in 1982 and the National Register of Historic Places in 1983.
WOODWARD CORRIDOR: Bedrock signs master lease agreements with the Schostak Brothers and Farbman Group to manage more than 60,000 square feet of first floor retail space along the Woodward Corridor in downtown Detroit. The properties include 12 storefronts along the 1200 and 1400 blocks of Woodward Avenue.
MOOSEJAW: Michigan-based outdoor outfitter, Moosejaw announces it will sign a multi-year lease for its retail space located at 1275 Woodward Avenue in downtown Detroit.
EMERGENCY VEHICLES: Rock Ventures/Quicken Loans joins Penske, Blue Cross Blue Shield of Michigan, Platinum Equity, Shinola and the Kresge Foundation to announce an $8 million pledge to replace 100 police cruisers and 23 EMS units in the city of Detroit.
UBER: San Francisco-based Uber, a company that provides on-demand luxury car service through a smart phone app, opens its office in downtown Detroit’s M@dison Building.
ROASTING PLANT: Roasting Plant, a unique and innovative coffee shop, opens in the Bedrock-owned First National Building at 660 Woodward Avenue. The Detroit location is Roasting Plant’s first shop outside of New York City.
BIZDOM: Two new companies enter Bizdom’s accelerator program in Detroit for the winter 2013 term.
CAMPUS COMMANDOS: Campus Commandos, a college marketing agency that ignites brand enthusiasm on college campuses, launches its business in the historic First National Building at 660 Woodward Avenue. Campus Commandos is one of the first Bizdom companies to begin making equity investments back to the Bizdom fund that initially seeded the company.
ONE WOODWARD: Bedrock announces the purchase of One Woodward, a 26-story, 361,000 square foot skyscraper located in Detroit’s Central Business District. The building, designed by Minoru Yamasaki, was a precursor to the World Trade Center in New York City.
METRO-WEST APPRAISAL: Metro-West Appraisal, the nation’s largest independent residential real estate appraisal company, announces it will move its national headquarters to downtown Detroit’s Chrysler House at 719 Griswold in March 2013.
‘THE Z’ GROUNDBREAKING: Bedrock Real Estate Services breaks ground on its first development, a specialty retail and parking structure that will add 1,300 new parking spaces to downtown Detroit. The development, known as ‘The Z,’ zigzags from the corner of Broadway and East Grand River to the corner of Library Street and Gratiot, occupying what was previously a surface lot.
BIZDOM: Three new companies enter Bizdom’s accelerator program in Detroit for the fall 2012 term.
ROCK CONNECTIONS: Rock Connections, a strategic marketing company that provides experienced communications specialists, robust analytics, and targeted selling strategies, moves 140 team members into the Chase Tower (611 Woodward) in downtown Detroit’s growing tech hub.
OPPORTUNITY DETROIT: Rock Ventures and Quicken Loans launch Opportunity Detroit with a national commercial narrated by Kid Rock on the FOX television network during game four of the World Series between the Detroit Tigers and the San Francisco Giants.
TITLE SOURCE: Title Source, the largest independent provider of title insurance, property valuations and settlement services in the nation, begins moving 1,500 team members to downtown Detroit’s First National Building (660 Woodward Avenue).
BIZDOM: Four new companies enter Bizdom’s accelerator program in Detroit for the summer 2012 term.
IT IN THE D: Quicken Loans partners with other Detroit businesses to create “IT in the D,” a program designed to give local university students real-world experience and prepare them for tech jobs in Detroit.
NATIONAL RECRUITING CAMPAIGN: The Rock Ventures Family of Companies begins a national recruiting campaign to hire more than 1,400 team members, and launches Valley to Detroit, aimed at bringing laid-off Yahoo technology professionals to Detroit from Silicon Valley.
CHRYSLER: Chrysler announces it will lease the top two floors of Bedrock’s Dime Building and rename the building, located at 719 Griswold Street, ‘Chrysler House’.
BIZDOM: Four new companies enter Bizdom’s accelerator program in Detroit for the spring 2012 term.
UPTO: UpTo, a new social platform focused on the future tense and allowing users to easily share calendar events, launches from the M@dison building (1555 Brodway) as a Detroit Venture Partners portfolio company.
500 INTERNS HIRED: To encourage Detroit’s “brain gain,” the Rock Ventures Family of Companies hires 500 paid interns in the city of Detroit.
TWO PROPERTIES ACQUIRED: Bedrock adds two more buildings to its real estate portfolio – the 148,000 square foot historic Federal Reserve Building and 9,800 square foot 1550 Woodward Avenue, a one-story building to be utilized for retail or commercial use.
THREE PROPERTIES ACQUIRED: Bedrock acquires three additional properties in downtown Detroit – the 20,000 square foot historic Wright-Kay building (1500 Woodward), the 34,000 square foot former Lane Bryant Building (1520 Woodward) and the 36,3000 square foot Arts League of Michigan Building (1528 Woodward).
DETROIT LABS: Detroit Labs, a mobile app start-up, launches in Detroit’s growing tech corridor in the M@dison Building.
MOVE TO CHASE TOWER: An additional 2,000 Quicken Loans team members move into Chase Tower at 611 Woodward. The building was completely renovated.
JOB FAIR: Quicken Loans and its Family of Companies host a job fair to fill 500 positions in Detroit; 2,500 people line up to apply.
FIRST NATIONAL BUILDING: Bedrock purchases the First National Building, a 25-story, 1.2 million square foot limestone high-rise built in 1922, located at 660 Woodward. Designed by famed architect Albert Kahn in the neoclassical architectural style with an unusual “Z” configuration to maximize natural light, it occupies an entire block along Cadillac Square overlooking Campus Martius Park.
DIME BUILDING: Bedrock acquires the 350,599 square foot Dime Building, designed in the neoclassical style by Daniel Burnham. Built in 1912, the Dime Building is located at 719 Griswold, along with the Financial District Garage, an adjacent 983-space parking structure.
M@DISON PARKING LOT: Bedrock purchases the M@dison Parking Lot on Broadway, adjacent to the M@dison Building (1555 Broadway).
LIVE DOWNTOWN PROGRAM: Quicken Loans and four other downtown Detroit companies launch the Live Downtown Program, a five-year, $4 million program created to incentivize people to live in the city.
SOMERSET COLLECTION CITYLOFT: Quicken Loans sponsors the debut of Somerset Collection’s CityLoft, a pop-up shop open the last weekend of each month in downtown Detroit with mini-versions of upscale stores, bringing retail back to downtown Detroit.
200 INTERNS HIRED: Quicken Loans hires 200 interns to work in its downtown Detroit office to expose students to the city and help end Detroit’s “brain drain”.
SKIDMORE STUDIO: Skidmore Studio, a graphic design firm located in a nearby suburb, announces it will become the anchor tenant in the M@dison Building.
CHASE TOWER: Bedrock acquires Chase Tower, a 524,600 square foot, 14-story high rise office building at 661 Woodward Avenue, occupying a full city block at the foot of Campus Martius Park located in Detroit’s downtown Central Business District.
TWO DETROIT CENTER: Bedrock buys Two Detroit Center, a 1,100-space parking garage located in the Central Business District.
M@DISON BUILDING: Bedrock purchases Detroit’s historic M@dison Theatre Building at 1555 Broadway Street and begins transforming it into a collaborative tech hub to encourage partnership among local entrepreneurs.
DETROIT VENTURE PARTNERS: Dan Gilbert, together with entrepreneurs Josh Linkner and Brian Hermelin, launch Detroit Venture Partners, a Detroit-based venture capital firm that invests in seed and early-stage technology companies to be located in the city.
MOVE TO COMPUWARE BUILDING: Quicken Loans and five sister companies move 1,700 team members into the Compuware building in downtown Detroit.
QUICKEN LOANS ANNOUNCES RELOCATION: Quicken Loans announces it will relocate its national headquarters to the Compuware Building in downtown Detroit in 2010.
M-1 RAIL: Dan Gilbert and other business leaders invest in M-1 RAIL, a light-rail system that will link key neighborhoods to Detroit’s riverfront, the central business district, and educational, cultural, entertainment and medical institutions along Woodward Avenue.
BIZDOM: Dan Gilbert founds Bizdom, a non-profit entrepreneurship accelerator for budding web and tech-based startups in Detroit.
Ginkgotree: Allows faculty to build online curriculums from any resource, complete with automated copyright clearance and digital content sourcing
BoostUp: A first-of-its-kind social saving platform that enables consumers to save up and get monetary "boosts" toward life's big purchases like a car, home, wedding or trip
Quikly: Short-term deals exclusively for college students
reach | influence: Provides technical and design services, including data capture and analysis to retailers, wholesalers and CPG’s, helping them measure marketing efficacy, engage shoppers, and provide an outlet to deliver digital offers
Bon Bon Bon: Artisan chocolatier Bon Bon Bon opens for business at Chrysler House (719 Griswold). The retail store, offering dozens of uniquely flavored two-bite bonbons, and also takes special orders for parties and other occasions.
Rehmann: A company offering accounting, tax planning and financial consulting services
Amber Engine: Creators of a cloud-based platform transforming the home furnishings and décor industry. The company’s goal is to empower manufacturers with the tools they need to efficiently manage their product data and communicate with channel partners.
Hepta Control Systems: A leader in building automation and security systems and service and provides turnkey solutions on technical infrastructure for security, comfort and efficiency in buildings
Dime Store: A new American Brunch Bar, serving breakfast lunch and dinner and becoming a bar in the evening
Fathead: Fathead wall decals are the ultimate way to bring your favorite athletes, entertainers and characters home
DROUGHT: A healthy juice shop selling organic, cold-pressed raw fruit and vegetable juices in a variety of flavors, seven days a week.
Creative Circle: The nation's largest creative staffing agency connecting advertising, marketing, and interactive professionals with agencies, brands and companies
Rock Ventures: An umbrella entity formed to provide operational coordination, guidance, and integration of Dan Gilbert’s portfolio of companies, investments and real estate
Bedrock Real Estate Services: Rock Ventures’ full-service real estate firm, specializing in purchasing, leasing, financing, developing and managing of commercial space
Rockbridge Growth Equity: A Detroit-based private equity firm that invests in mid-stage financial and business services, consumer-direct marketing, and sports, media & entertainment industries
Rock Companies: A real estate investment, development, construction and management company focusing on commercial, residential single and multi-family investments in Florida, Michigan, North Carolina and Ohio
Rock Processing: Provides credit card, debit card, and automated clearing house services including real-time transaction reporting and $100,000 in data breach protection
Meridian Health: The number one ranked Medicaid HMO in Michigan. A family-owned, family-operated company
StockX: StockX.com, the world’s first online consumer “stock market of things” for high-demand, limited edition products and features a live marketplace where participants anonymously buy and sell limited edition consumer products (such as sneakers) with stock market-like visibility
Detroit Water Ice Factory: A new frozen dessert shop where 100% of the profits will go toward Mitch Albom's S.A.Y. Detroit family of charities
Benzinga: A fast-growing financial news and data startup offering customized data and content solutions to investors worldwide
LOVASCO: A Detroit-based, family-owned consulting firm specializing in insurance, employee benefits and retirement services.
JACK Entertainment: A Detroit-based urban gaming company focused on the development of gaming facilities that are designed to maximize connectivity and economic impact in the local areas where they reside.
Dr. Robert DiPilla: Award-winning full-service dentist offering a variety of services with sweeping 16th floor views of the Detroit River and city skyline
Siegfried Group: On a mission to make accounting more fun and productive, Siegfried Group helps clients strategically extend and enhance their internal workforce by providing accounting resource services
Fifth Third Bank: Detroit's 6th largest bank with 92 locations and more than 150 ATMs across eastern Michigan
Ultimate Parking Management: Manages some of the city’s largest and most centrally located parking garages including the Compuware Garage and The Z. More than 60 team members service more than 13,000 parking spaces in downtown Detroit
Avalon Hearth and Soul Café: A café featuring Avalon’s signature freshly-baked artisan breads, pastries, sandwiches and coffee in addition to an expanded menu of healthy, seasonal breakfast, lunch and dinner.
Michigan Office Solutions: A wholly owned subsidiary of Xerox Co. and a provider of leading-edge office technology and 3D solutions for businesses
Punch Bowl Social: Denver-based gastro diner and entertainment attraction featuring craft cocktails and a variety of “throwback” games
Citizen Yoga: A yoga studio offering classes that range from Vinyasa to Basics with an emphasis on alignment
NoJo Kicks: An out-of-the-box premium retailer of luxury and rare collectible sneakers, tailored jeans and custom hats
7 Greens: A new farm to fork destination offering make-your-own salads with her homemade sauces, soups, granola and sweets
Vault of Midnight: “Earth’s finest comic books and stuff.” An award-winning, internationally recognized Michigan-based comic book store with three locations: Ann Arbor, Grand Rapids and downtown Detroit