Bedrock and Raeden Partner to Bring First Carrier Hotel to Downtown Detroit

• The 0.4 MW facility will provide direct, fast and optimized access to comprehensive internet and technology services while expanding broadband access throughout Detroit.

• The carrier hotel will go live in November 2022, with plans to activate additional companion data centers in the following months.

• The partnership makes Bedrock one of the first real estate landlords in the nation to enable simple, seamless, and virtually limitless connection services to all tenants across its portfolio of assets.

November 10, 2022 [DETROIT] – Bedrock, Detroit’s largest real-estate developer operating more than 100 properties throughout the city, and Raeden, a digital infrastructure platform provider specializing in enabling technology deployments across real estate portfolios, announced today that they are partnering to bring the first independent carrier hotel to Downtown Detroit. 

Located within Bedrock’s 615 West Lafayette property, the Detroit carrier hotel will begin operations this month and will centralize internet connectivity and technology services while making efficient use of existing fiber assets.

“The introduction and added value of the carrier hotel is a significant milestone as we continue to position Detroit as one of the most connected and technologically advanced cities in the United States,” said Michael Osment, Chief Technology Officer at Bedrock. “This is the first in a series of steps by Bedrock to strategically activate local technology assets to bring a faster, more efficient and readily available networking platform to the Detroit market.”

Why it’s important

The effort by Raeden and Bedrock will directly connect 615 West Lafayette with Bedrock’s Detroit portfolio, creating an environment where internet technology can be accessed more rapidly. Instead of each building requiring individual Internet and technology installations, centralization at 615 West Lafayette will enable access to varying services, significantly decreasing deployment timelines, and lowering costs. The result will enable Bedrock tenants the ability to access faster and more resilient internet-centric services while enabling expanded internet access throughout Detroit.

“We are thrilled to partner with Bedrock and view the Detroit carrier hotel as catalytic to our overall mission, which is to partner with real estate owners to optimize latent digital tenancy opportunities within their portfolios,” said Kari Schrader, Raeden’s Chief Executive Officer. "Through the development of the carrier hotel and future integration between Bedrock’s portfolio and Raeden’s services, we believe Detroit will become one of the most connected cities in the United States.” 

What’s next

Bedrock understands the trend toward digital buildings and how critical internet and network technologies are for both existing and prospective tenants. “We see this as not only a benefit to our real estate portfolio, but also to the entire city of Detroit,” Osment continued.

Over the next twelve months, Bedrock and Raeden will continue to collaborate on additional technological investments including activating existing data center assets and exploration of opportunities to improve services within the Detroit market.

These investments are targeted at increasing existing network resources and capacities, while reducing costs and overall service efficiency.

About Bedrock

Bedrock is a full-service real estate firm specializing in innovative city-building strategies, reaching beyond the boundaries of bricks and mortar. 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 in Detroit and Cleveland, including landmark developments at the Hudson’s Site, the Book Tower restoration, City Modern, and the May Company Building. Bedrock’s portfolio totals more than 22 million square feet of office, retail and residential space within new construction and adaptive reuse projects. 

For more information on Bedrock’s projects, visit bedrockdetroit.com or engage with us on Facebook, Instagram, Twitter and LinkedIn. 

Click here to view a complete timeline of Bedrock and the Rock Family of Companies’ engagement within the Detroit community.

About Raeden

Raeden enables fast, scalable deployments of digital infrastructure through its partnerships with real estate owners, allowing companies to deliver network services more efficiently and reliably. Founded in 2019 by veterans of the data center, telecommunications and real estate industries, Raeden is the first to aggregate information on power, network connectivity, and resources from thousands of buildings globally on a single platform. Raeden unleashes latent digital tenancy opportunities in all property types by architecting tailored infrastructure solutions for its clients, delivering net-new revenues to landlords from previously un-utilized space.

For more information on Raeden, visit raeden.com or contact RealEstate@raeden.com.