DETROIT, October 24, 2019 – Bedrock and the Quicken Loans Community Fund today announced the return of the Downtown Detroit Markets for a third consecutive holiday season. Detroit-area small businesses will be popping up to join Detroit’s emerging retail scene while providing engaging experiences for local residents, visitors from Southeast Michigan and out-of- town travelers. As part of Bedrock and the Quicken Loans Community Fund’s mission to support the local entrepreneurial community, each business featured in the Downtown Detroit Markets is Detroit-based, female-owned or minority-owned. Merchandise ranging from fiber artwork to motivating temporary tattoos and locally inspired streetwear will provide all attendees a sampling of Detroit’s unique culture.
“This season, we will be working with an eclectic mix of small businesses offering products that truly have something for everyone to enjoy,” said Francesca George, Bedrock’s Director of Experience. “The Downtown Detroit Markets have proven themselves to be a successful platform for local entrepreneurs to test out the downtown retail scene – and we know this season will be the best one yet. As downtown Detroit continues to establish itself as a retail and entertainment destination, Bedrock stays committed to developing innovative ways to support local talent while creating unique experiences in the city.”
The Downtown Detroit Markets, the Cadillac Lodge and the entire activation in Cadillac Square are funded through an investment by the Quicken Loans Community Fund, the philanthropic arm of Quicken Loans, the nation’s largest mortgage lender, and Bedrock, one of the city’s largest real estate partners.
“Year after year, the Downtown Detroit Markets have supported inclusivity, vibrancy and resiliency all across the city by building connections between local entrepreneurs and the growing retail market in downtown Detroit,” said Laura Grannemann, Vice President of Strategic Investments for the Quicken Loans Community Fund. “These markets are not only a unique opportunity for Detroit businesses, but also a beautiful, festive space for all to come together throughout the holiday season.”
This year, there will be a market dedicated to Quicken Loans Detroit Demo Day, providing winners of the annual entrepreneurship competition the opportunity to offer their products as part of the Quicken Loans Community Fund’s continued investment in their success. Winners receive ongoing mentorship, support and guidance from the Quicken Loans Community Fund’s entrepreneurship team.
The Cadillac Lodge will be returning this winter season, providing a beautifully designed space for people to warm up and gather with friends and family. Operated by The Iconic Collection, festive drinks and snacks will be served in the space along with smores kits to be used at the outdoor fire pits. The Cadillac Lodge will be providing capacity for local vendors to pop-up and showcase their goods, including Eastern Market Brewing Co. and Blake’s Hard Cider. The space will also be available for private event rentals, please contact email@example.com for more information.
Family-owned nursery, Greystone Gardens, will be featured in Capitol Park selling Christmas trees, wreaths and holiday greenery. Residents of the area’s rapidly growing residential corridor will have the opportunity to purchase traditional evergreen trees and garland as well as more modern foliage from the garden, commonly known as Lloyd’s Tree Farm, for the third season in a row. Outdoor seating with fireplace lounges and large-scale holiday decor will complement the space.
Cadillac Square and Capitol Park are programmed and managed by Downtown Detroit Partnership.
Dates and Hours of Operation
• Downtown Detroit Markets
o Wednesday, November 13, 2019 – Wednesday, January 1, 2020 o Monday & Tuesday – closed
o Wednesday & Thursday – 11am – 8pm
o Friday & Saturday – 11am – 10pm
o Sunday- 11am – 7pm
• Cadillac Lodge
o Wednesday, November 13, 2019 – Sunday, January 26, 2020 o Monday & Tuesday – closed for private events
o Wednesday – 4pm – 9pm
o Thursday & Friday – 4pm – 11pm
o Saturday – 11am – midnight
o Sunday – 11am – 10pm
Detroit-based Bedrock is a full-service real estate firm specializing in acquiring, developing, leasing, financing and managing commercial and residential buildings. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $5.6 billion to acquiring and developing more than 100 properties, including new construction of ground up developments in downtown Detroit and Cleveland totaling more than 18 million square feet.
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Bedrock’s real estate portfolio consists of 210 office tenants and 125 retailers and restaurants in Detroit’s technology-centric downtown, the majority of which are new to the market including Microsoft, Quicken Loans, LinkedIn, StockX, Ally Bank’s national headquarters, Fifth Third Bank’s regional headquarters, WeWork, Madewell, Under Armour, Shake Shack and countless others.
Bedrock is currently developing four transformational projects including the Hudson’s Site, Monroe Blocks, Book Tower renovation and One Campus Martius expansion. Bedrock is also undergoing construction of City Modern, a community development in Detroit’s Brush Park neighborhood. Partnering with Detroit-based Shinola, Bedrock developed the world’s first Shinola Hotel on Woodward Avenue, which opened in early 2019.
Bedrock is dedicated to creating jobs for Detroiters and investing in job training. Over the last year, the company has invested in both the Randolph & Breithaupt Career and Technical Centers to build a pipeline of talent for Detroit’s growing economy.
Creating unique experiences through real estate is Bedrock’s mission. To make this a reality, Bedrock and its affiliates continuously invest in significant public art installations and placemaking initiatives throughout the city.
Click here to view a complete timeline of Bedrock and the Rock Family of Companies’ engagement within the Detroit community.
About the Quicken Loans Community Fund:
The Quicken Loans Community Fund is the philanthropic arm of Quicken Loans, the nation’s largest mortgage lender. Its strategy aims to support thriving, resilient and inclusive communities through data-driven investments in housing, employment and public life. Through its For-More-Than-Profit model, the Quicken Loans Community Fund recognizes that business and community are inextricably linked, and it purposefully brings together all of the assets of the Quicken Loans and Rock Family of Companies business – team member talent, technology, policy advocacy, and philanthropic resources – to invest in comprehensive community development in Detroit and across the country.
Since 2010, the Quicken Loans Community Fund has invested over $200 million into addressing complex issues like tax foreclosure, chronic unemployment, and support the entrepreneurship ecosystem. Alongside financial investments, the Quicken Loans Community Fund has organized team members to provide more than 725,000 volunteer hours nationwide, including 400,000 in Detroit.