Why does NYC care so much about Detroit? Well, they know our pain. But what was most interesting to me is that out of the handful of people who I told I was from Detroit, not one mentioned the bankruptcy to me. Nobody asked whether it’s true that a majority of the streetlights don’t work or if the average response rate for police is really 30 minutes to an hour. But instead, they were positive and upbeat. Check out what these New Yorkers said about the city of Detroit.
Title Source, the largest independent provider of title insurance, property valuations and settlement services in the nation, moved the first wave of 500 employees to the First National Building this week with plans of moving 1000 more within the next six months.
During a press conference right in front of the classic Detroit building, Chairman of Rock Ventures and Quicken Loans Dan Gilbert, Title Source President Jeff Eisenshtadt, Detroit Mayor Dave Bing, and Detroit Economic Growth Committee President George Jackson all spoke on their collective excitement about bringing so many new feet to walk the streets of downtown Detroit.
“Our team members are extremely excited to move to downtown Detroit, particularly the First National Building, which is just steps from Campus Martius Park,” said Eisenshtadt, adding that he expects all Title Source team members to be moved in within six months. “We have been watching all of the great things going on in Detroit and are very eager to contribute to the turnaround of a great American city. We can’t wait to explore all of what downtown has to offer.”
The move brings the occupancy rate of the First National Building to 93 percent with Title Source occupying over 10 floors and 330,000 square feet of office space.
Mayor Dave Bing addressed the new professionals moving downtown with some words of optimism, stating “You’re here to be a part of what Detroit will be.”
To view the press conference in its entirety, check out the video below or click here.