The following is a timeline of investments, business ventures and community efforts in downtown Detroit by Bedrock Real Estate Services and the Rock Ventures Family of Companies (including a list of the more than 120 companies located in or created in Bedrock properties downtown).
Detroit Engagement Timeline
- 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.
- 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.
- DETROIT BLIGHT REMOVAL TASK FORCE: The Detroit Blight Removal Task Force unveils its comprehensive plan to rid the city of Detroit of blight over the next several years. The plan can be downloaded at www.timetoendblight.com.
- 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.
- THREE PROPERTIES ACQUIRED: Bedrock acquires three new properties in the Capitol Park area including 35,000-square-foot 119 State Street, 11,500-square-foot 45 W. Grand River and a 7,100-square-foot lot at 28 W. Grand River Avenue.
- 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.
- FIGHTING HOMELESSNESS: Quicken Loans partners with the Neighborhood Service Organization to fight homelessness in Detroit, contributing $350,000 for permanent supportive housing for homeless adults in Detroit.
- 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.
- FIVE PROPERTIES ACQUIRED: Bedrock adds five buildings to its real estate portfolio: 1201 Woodward (Kresge Building), 53,700 square feet, 1217 Woodward, 29,000 square feet, 1412 Woodward with 6,000 square feet, 1301 Broadway (Cary Building Lofts), 15,600 square feet, and 1521 Broadway (Small Plates Building).
- ‘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.
New Businesses Located and Operating in Bedrock Buildings
Below is a list of the more than 120 companies located in (or created in) the following Bedrock properties in downtown Detroit.
M@dison Building (M@dison Block)
✓ 1555 Broadway St. ✓ 55,000 square feet
- Microsoft Ventures: A Microsoft initiative designed to support founders at every stage of the startup lifecycle
- Twitter: A real-time information network that connects people to the latest stories, ideas, opinions and news
- Skidmore Studio: A leading creative design firm occupying 9,780 square feet of space
- Detroit Venture Partners (DVP): A venture capital firm specializing in funding early stage technology businesses
- UpTo: A new social platform focused on the future tense, allowing users to easily share calendar events
- Crane’s on Broadway: A casual breakfast and lunch café in the M@dison lobby
- Are You a Human: The answer to frustrating CAPTCHA entries, Are You a Human uses fun games to verify the authenticity of people completing online forms
- Ludlow Ventures: An angel and seed-stage venture capital firm investing in web and digital technologies
- iRule: A cloud software company offering products for home entertainment and home automation.
- LevelEleven: Developed SalesContestBuilder, a hybrid of a Facebook, fantasy football, and online gaming, to create goal-based competitions
- Exxodus Pictures: A production company whose first feature film, Jinn, was released in 2014
- Facility Matrix Group (FMG): The area’s pre-eminent provider of office furniture
- 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
Chase Tower “The Qube”
✓ 611 Woodward Avenue ✓ 524,600 square feet
- Quicken Loans: The nation’s largest online mortgage lender
- WXYZ-Channel 7: Street side satellite glass studio for weekday, noon newscasts
✓ 660 Woodward Avenue ✓ 1.2 million square feet
- Title Source: The largest independent provider of title insurance, property valuations and settlement services in the nation
- One Reverse Mortgage: The largest reverse-only mortgage lender in America and second largest retail provider of reverse mortgage home loans
- Aerotek: A leading staffing agency that matches qualified candidates with top companies worldwide
- Roasting Plant: New York-based coffee company with unique Javabot roasting technology
- Salon Detroit: A cutting-edge hair and nail salon
- Campus Commandos: An advertising agency helping brands market their products and services to college students
- Blue Water Technologies: National AV technology company specializing in audio visual integration and digital media
- Bedrock Real Estate Services: The full-service real estate firm, specializing in purchasing, leasing, financing, developing and managing of commercial space
- DWH, Inc.: A financial company assisting mid-size companies in maximizing values, opportunities, and business outcome
- Wedit: A fun, easy and affordable way to capture, edit and share wedding memories through the use of HD Flip cameras
- Colburn Colburn Insurance and Risk Services: A provider of insurance and risk management services
✓ 719 Griswold Street ✓ Former Dime Building ✓ 349,000 square feet
- Chrysler Group LLC: Automotive company that produces Chrysler, Jeep, Dodge, Ram, Mopar, SRT and Fiat vehicles and products
- Quicken Loans: The nation’s largest online mortgage lender
- In-House Realty: A real estate services company matching clients with pre-screened real estate agents in their local community across the country
- BodyPartChart: Over-sized graphics that can be used to explain illnesses and procedures and bring new life to dull medical offices and classrooms
- The Professional Group: A full-service janitorial and building services company
- Rock Connections: A strategic marketing company that provides experienced communications specialists, robust analytics, and targeted selling strategies
- Metro-West Appraisal: The nation’s largest independent residential real estate appraisal company
- Rehmann: A company offering accounting, tax planning and financial consulting services
- Allied Printing Company: Provides printing, information management, and warehouse & fulfillment services
- Hubbard Snitchler & Parzianello PLC: Provides world-class legal service
- Professional Movers.com: Moving company that specializes in providing local, long distance, and international relocation services for people and businesses
- Elite Fire Safety: A one-stop-shop for fire safety needs
- FNC, Inc. : A real estate information technology company ensuring compliance and streamlines workflow for major mortgage leaders, servicers and community and regional banks
- GSI: A company specializing in security, network and system integration
- Metro Consulting: A full-service civil engineering and land surveying consultancy
- Reliance One: A full-service staffing firm
- SCI Marketview: A lead management company for automotive dealers
- Corby Energy: Providing construction, engineering and support services to utilities and related businesses
- Young and Sons, Drying and Restoration Specialists: A full-service 24-hour drying and restoration service
- Qstride, Inc.: A leading analytics solutions provider that helps companies turn data into business intelligence
- Diamond Recovery Property Restoration: A full-service emergency restoration company
- P.I.C. Maintenance, Inc.: Specializing in commercial facility maintenance and janitorial services
- Harmony Point CTC: IT workforce development company trains students for high skill, high demand, high wage technology jobs
- Detroit Blight Authority: A non-profit corporation focused on total blight elimination
- Lindemann Miller Siderius LLP: A law firm specializing in the representation of insurers and reinsurers in coverage disputes
- RAM Construction: The oldest and most experienced waterproofing and restoration contractor in the United States
- Communication Associates: Providing marketing and creative services
- Michigan Historic Preservation Network: the statewide preservation organization dedicated to saving Michigan’s diverse historic places
- P.I.E. Management: A service provider assisting with call center management, processing and staffing solutions
- Hertz Schram, PC: A full service law firm representing individuals and businesses
- BBF Engineering: A firm providing the highest quality of engineering services in a timely and cost-effective manner
- Picosun USA: The North American headquarters for the leading manufacturer of Atomic Layer Deposition
- dPOP!: An office planning company specializing in office design and space planning
- Bubba Urdan Promotions: Metro Detroit promotions company
- Dalton & Tomich: A law firm representing leading businesses, religious organizations and financial institutions throughout the nation
- Rockbot: A social jukebox app that lets you be the DJ at your favorite bars, restaurants, gyms, and stores
- Huffington Post Detroit: The Detroit office for the Huffington Post, an online international media outlet
- Law Offices of Christopher Quinn : A full service law firm representing clients in Detroit and the metro area
- Mike’s Kabob Grille: A mediterranean restaurant opening in April 2014
- 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
- UHY LLP: A leading national CPA firm
✓ One Woodward Avenue ✓ 361,000 square feet
- Fifth Third Bank: Detroit’s 6th largest bank with 92 locations and more than 150 ATMs across eastern Michigan
- Quicken Loans: The nation’s largest online mortgage lender
- Heritage Vision Plans, Inc.: A leading provider of affordable, high-quality vision benefit plans for companies of all sizes.
- Cambridge Consulting: Focused on wealth strategies, benefits consulting and risk management
- Fontinalis Partners: A strategic investor in technology companies with an ability to significantly improve mobility
- Jack Morton: Brand experience agency
- Fraser Trebilcock: A full service law firm
- Detroit Regional Chamber: One of the oldest, largest, and most respected chambers of commerce in the country
- PMA Consultants: An international construction consulting firm
- Wilson Young PLC: A full service law firm
- Kitch Attorneys and Counselors: A full service law firm
✓ 287,000 square feet
- Quicken Loans: The nation’s largest online mortgage lender
- Friedman Real Estate: A full-service real estate and brokerage company
- Comlink: A network, voice and cloud service provider
- Freshii (Coming 2015): A restaurant focused on providing fresh and nutritious meal choices for people on the go
✓ 160 W. Fort Street ✓ 148,400 square feet
- Rossetti: An international architectural planning and design firm servicing clients across a spectrum of markets, including sports and entertainment, corporate, hospitality and retail
- Detroit Free Press and The Detroit News: Headquarters for Detroit’s two daily newspapers
- Quicken Loans: The nation’s largest online mortgage lender
✓ 407 E. Fort Street ✓148,400 square feet
Lofts of Merchant Row (master lease)
✓ 45,000 square feet of first floor retail space, 9 store fronts ✓ 1200 and 1400 blocks Woodward Avenue (on the west side of the street between Grand River and State Street on Woodward Avenue)
- 1241 Woodward, 3,700 square feet
- 1249 Woodward, 13,000 square feet
- 1253 Woodward, 3,500 square feet
- 1261 Woodward, 10,100 square feet
- 1275 Woodward, 1,800 square feet
- 1425 Woodward, 2,400 square feet
- 1433 Woodward, 3,100 square feet
- 1441 Woodward, 4,000 square feet
- 1447 Woodward, 5,500 square feet
- Moosejaw: The quirky national outdoor retailer selling outdoor gear and apparel
- Detroit Shoppe: A shop showcasing the people, places and products that have shaped the city of Detroit
- D:hive: A Welcome Center offering information, connections and tools to anyone wishing to live, work or engage in Detroit
Woodward Lofts (master lease)
✓ 15,000 square feet of first floor retail space, 3 store fronts ✓ 1400 block Woodward Avenue (on the east side of the street between Grand River and John R on Woodward Avenue) ✓ 60 percent occupied
- 1424 Woodward, 3,000 square feet
- 1426 Woodward, 6,200 square feet
- 1448 Woodward, 6,000 square feet
- M-1 RAIL: Community office for M-1 RAIL project
1528 Woodward (M@dison Block)
✓ Former Arts League Building ✓ 36,300 square feet
- Sachse Construction: Offering premium commercial construction services nationwide
- Bizdom: A startup accelerator that helps entrepreneurs launch, fund, incubate, and grow innovative, web and tech-based startups
- Stik.com: A website that brings the word-of-mouth referral process online
- Ignition One, Inc.: A global leader in cloud-based digital marketing technology
- Backstitch: Providing a clean and consistent experience for managing your personal website
- Firmly Planted: Groundbreaking designs for outdoor spaces
- Canopi: A place to find and follow bloggers who share similar interests
- Social 2 Step: Industry pioneer in engaging, motivating, and empowering employees to become authentic brand advocates for their employers
- SKUServe: Cloud-based international foreign language translation and interpreters marketplace
- GuidesMob: A mobile app company that creates college guides for iPhones and Androids
- Cookie App: Mobile app company that delivers a new, sweet surprise every day to your inbox
- foodjunky: Mobile friendly website that provides an easy way to order food groups by saving time and allowing everyone to choose their order themselves.
- Visify Books: A company that creates detailed, animated videos to go along with the content of books so that readers can quickly have a good understanding of the messages conveyed in the book.
- GridPar: Powering enterprise through solar finance
- StyleShack: A shopping platform aiming to connect consumers to local boutiques and unique online stores by offering a website that allows a customizable shopping experience
- Zipcar: The first Michigan office for the world’s largest car-sharing program providing an alternative to traditional car rental
- Wait Time: A software company that allows businesses to broadcast their real-time wait times to a variety of internet based platforms, including social media and mobile applications
- Finn Partners: A global public relations and digital communications firm
- Stevens Worldwide Van Lines: A leader in the moving and storage industry with agents around the country
✓ Former Wright Kay Building ✓ 20,000 square feet
- John Varvatos: World renowned American menswear designer born in Detroit
- Neumann/Smith Architecture: Specializing in architecture and interior design
- Avalon Films: A boutique, full-service production company with affiliate offices in Los Angeles, New York City, and Toronto
- Hudson Editorial: Specializing in creative editorial, graphics, visual effects and audio finishing
- C/D/H: A technology consulting firm with over 20 years of service to clients statewide
- Wright & Company : A restaurant/bar specializing in American small plates and craft cocktails
✓ 48,000 square feet
✓ 39,000 square feet
- Detroit Labs: A leader in the development of Android, iOS and web-based applications
✓ 9,800 square feet
✓ 1201 Woodward ✓ 53,700 square feet
✓ 28,900 square feet
✓ 6,000 square feet
✓ 15,600 square feet
- Great Lakes Contract : A manufacturing company providing office furniture and architectural products such as glass boards, white boards and flexible modular work spaces
- JFM Consulting: Detroit-based planning, evaluation and research consulting firm
✓ 1521 Broadway St. ✓ 9,300 square feet
✓ 600 Woodward Avenue ✓ 58,000 square feet
✓ 555 East Lafayette St. ✓ 1 million square feet ✓ 400 hotel rooms ✓ Amenities include: PRISM, The Market District, Asteria, The Fringe, Bistro 555 and a VIP players lounge
✓ 37,700 square feet
✓ 16,000 square feet
✓ 24,000 square feet
1000 Farmer/815 Bates
✓ 37,300 square feet
✓ 8,700 square feet
✓ 37,100 square feet
- D.I.M.E.: Detroit Institute of Music Education, a high-end music academy where students can earn a bachelor’s degree or diploma in creative music performance
✓ 60,000 square feet
✓ 23,300 square feet
1401 Rosa Parks
✓ 66,000 square feet facility (currently being constructed) ✓ Quicken Loans Data Center (coming Winter 2015)
✓ 35,000 square feet
✓ 11,500 square feet
✓ Detroit Media Partnership Building ✓ 404,000 square feet
- Molina Healthcare Inc.: Healthcare organizations delivering healthcare services and health information management solutions
✓ 35,000 square feet of retail space
- Punch Bowl Social: Denver-based gastro diner and entertainment attraction featuring craft cocktails and a variety of “throwback” games
- Citizen Yoga (Coming 2015): 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
Parking Garages and Surface Lots
- Two Detroit Center Parking Garage, 160 E Congress St., 1,100 parking spaces
- Financial District Garage, 730 Shelby St., 940 parking spaces
- ‘The Z’, 1234 Library St., 33,000 square feet retail; 1,290 parking spaces
- 1001 Woodward Garage,1001 Woodward Ave., 720 parking spaces
- Greektown Hotel-Casino Garage, 1200 St. Antoine, 2,800 parking spaces
- Brush Street Garage, 1001 Brush St., 1,000 parking spaces
- Fort Street Garage, 419 E. Fort St., 630 parking spaces
- Greektown New Valet Garage, 1,00 St. Antoine, 2800 parking spaces
- M@dison Lot, 1545 Broadway St., 25 parking spaces
- Randolph Lot, 748 Randolph St., 12 parking spaces
- Lafayette Lot, 422 E. Lafayette St., 12 parking spaces
- 28 West Grand River, 20 parking spaces
- 801 West Lafayette, 200 parking spaces
- 800 West Fort Street, 120 parking spaces
- 840 West Lafayette, 200 parking spaces
Rock Ventures’ Companies Leasing Space in Downtown Detroit
✓ 1050 Woodward Avenue ✓ 1,088,000 square feet ✓ Rock Ventures’ businesses lease four floors (244,000 square feet with plans to expand to an additional floor and add 60,000 square feet)
- Quicken Loans: The nation’s largest online mortgage lender
- 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 Gaming: A gaming partnership formed with an initial focus to develop full-service casinos in two of Ohio’s largest cities, as well as to explore other potential gaming opportunities elsewhere
- 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
- Quizzle: Website that gives consumers a complete understanding of their credit so they can make better financial decisions