  Johnlodge Member Username: Johnlodge Post Number: 3594 Registered: 10-2003 |
The Compuware building, including all the retail space and fitness center, is 1.1 million sq. feet. It has around 4,000 employees. So we might expect something even larger? | ||
Southen Member Username: Southen Post Number: 341 Registered: 08-2006 |
I think its hard to guage exactly what size building he is going to build because in the article he pretty much stated that eventually he wants to develope both the Hudson and Statler/Tuller sites. He might spread things out a little bit for all of his ventures. Until we get more information and renderings its hard to speculate what type of structure we will be looking at. | ||
Rb336 Member Username: Rb336 Post Number: 3534 Registered: 02-2007 |
well, from my interpretation, the 4000 livonia people will be in their WHQ, the other is for some sort of tech/development park thing | ||
Sknutson Member Username: Sknutson Post Number: 1016 Registered: 03-2004 |
From the Freep: quote: Sand Hill Road is the hub of venture capital. If he comes close to this goal, it would be fantastic for Detroit. | ||
Pennst8 Member Username: Pennst8 Post Number: 8 Registered: 08-2006 |
Right on Detroit! It's so nice to see the city slowly progress from what it once was to what we have now. As an alumni of CT c/o 99, I remember what downtown looked like then. I also remember what it was like when I lived there a several years back in the Lofts@Woodward Center, and now this. Just seems things are slowly but surely progressing for the city. I look forward for my next trip home. | ||
Timeless Member Username: Timeless Post Number: 9 Registered: 09-2007 |
Assuming E-prize and Fathead move as well, do you think he'll put them under the same roof as Quicken? Also, is the footprint at the Hudsons site the same as the Compuware site? | ||
Newportnic Member Username: Newportnic Post Number: 3 Registered: 11-2007 |
So many things to say... Where was the BIG announcement, Granholm said in 5 years we'll be blown away, still waiting for that wind... or was it the one that took a lot of skilled trades people to Colorado? In the four years that it will take for this to happen, Hundreds of entrepreneurs will start hundreds of business creating hundreds of NEW jobs. If we look at the region we (the taxpayers) will be giving a wealthy man millions in breaks and incentives for?? Detroit 2.0?? 4 Years is two lifetimes in internet years, but then it took 8 years to get Compuware, Dan and the Mayor say 4 years for Quicken so I guess that is twice as fast. | ||
Gistok Member Username: Gistok Post Number: 5734 Registered: 08-2004 |
That's 3 times as fast as the 12 years for building permanent casinos! | ||
Andylinn Member Username: Andylinn Post Number: 637 Registered: 04-2006 |
Using Google Earth to make some VERY ROUGH estimations... I would say that: the hudsons site is .32 square miles while the statler site is .28 square miles In addition: The compuware building (not including parking garage nextdoor) is .42 Compuware employs about 3,000 Quicken about 4,000 COmpuware building is 16 stories... make your own assumptions... but I think this is going to be a 20 story building... which would make it about as big as the CAY Municipal Building! god bless em... | ||
Thejesus Member Username: Thejesus Post Number: 2730 Registered: 06-2006 |
^apparently you didn't get the memo about the 80-story glass tower | ||
Andyguard73 Member Username: Andyguard73 Post Number: 261 Registered: 03-2006 |
From the News article on the "pep rally" http://www.detnews.com/apps/pb cs.dll/article?AID=/20071113/U PDATE/711130436 "Ilitch, who owns one of the parcels being offered to Gilbert, said 'you can't have a better day in Detroit.' "'This is Dan's day,' said Ilitch, who declined to comment on whether he has decided to build a new hockey arena behind the Fox Theatre" I wonder if Mr. Ilitch's day is coming soon | ||
Jimaz Member Username: Jimaz Post Number: 3795 Registered: 12-2005 |
In the Detroit News article, Quicken to move to Detroit, Howes mentions "technology park" several times. I wouldn't think of Quicken itself as primarily a "technology" company. Compuware obviously is though. quote:Have there been any clues about which other "technology" companies might open new offices downtown? | ||
401don Member Username: 401don Post Number: 17 Registered: 11-2007 |
I'm always amazed at the drive some of these old entrepreneur types have. Ilitch is 76 yrs. old. He could be at his condo in Florida in November but instead he's up here at this press conference. I know part of it may be greed to sell his additional parcels, but I'm going to look at this as a nice civic gesture as well. Mostly though, I think these guys love the "game." | ||
Eboyer Member Username: Eboyer Post Number: 36 Registered: 01-2007 |
Jimaz, Quicken has been voted as Computerworld Magazine's #1 IT job for the past 3 years straight. Yes, it's obviously a mortgage company, but they definitely dabble in technology. Who would've thought that you could sell mortgages online 10 years ago? Well, the tech guys at Quicken did, and they deserve a ton of credit! | ||
Genesyxx Member Username: Genesyxx Post Number: 809 Registered: 02-2004 |
Meethinks Mr. Gilbert will end up developing in Grand Circus Park. | ||
Bobj Member Username: Bobj Post Number: 2772 Registered: 11-2003 |
I think so too | ||
Jimaz Member Username: Jimaz Post Number: 3797 Registered: 12-2005 |
Eboyer, thanks. I'll give them credit for that then. It really is good news. Are any other innovative companies currently expected to open in this "technology park"? At the moment I'm more interested in whether that term describes merely what is desired there or what will desire to be there. | ||
English Member Username: English Post Number: 603 Registered: 10-2003 |
"Many, many women have a fear of Detroit that men just don't have. I have known plenty of women who feel like "meat" when they walk downtown, or are afraid of a homeless person attacking them." In the words of Sojourner Truth, "ain't I a woman?" Just picking on you! I agree with the above... as long as you put the adjectives "some" and "white" in front of "women", and we're good to go.  | ||
Llyn Member Username: Llyn Post Number: 1876 Registered: 06-2004 |
quote: All true, but I think I was focusing on the BC and Quicken because for those two there were not only developers/owners on board, but they seemed serious about those projects, and despite that we had people on the forum saying those projects would never happen. Not that they might not happen... I get that... but emphatically that they wouldn't happen. Couldn't resist the "back atcha". Yes, I am guilty as charged. "Possibilists" works for me. I just didn't want to use optimist since that sounds like people without a sense of critical thinking. On the other hand, pessimists are not realists, either. For the record, I don't believe the Statler or Freep was ever an announced project (although the Freep I think had a developer interested at one point), the building the Post Bar was going into has been redeveloped, and 131 Cadillac is still an occupied building I believe (Cadillac Apts?). | ||
Gistok Member Username: Gistok Post Number: 5735 Registered: 08-2004 |
When figuring out the size of the blocks... take into consideration that the Statler block site includes the United Artists/Tuller block next door, which is slightly larger than the Statler block. As for Mike Ilitch, he'll be happy to get rid of the United Artists Building/Theatre... to tear down would cost at least $6 million, to redevelop would cost many times that. For him it's a win-win since he owns many other neighboring buildings that also can be redeveloped. I emailed Tony Pieroni last night about what was going on today. He's out of state, and was pleased. He may post here if he gets a chance. He's still waiting to hear from someone about an offer for his AAA Building on the Statler block (no contacts so far!). Interestingly enough his building was on the front page of the Free Press today. The 5 story building looks so small and lonely as the sole building standing on the Statler block. Mike Ilitch now owns 100% of the UA/Tuller block, and the city owns the remainder of the Statler site not occupied by the AAA Building. | ||
Danny Member Username: Danny Post Number: 6796 Registered: 02-2004 |
The Mayor of Naz---I mean Livonia is upset about Quicken's quick decision to move to Detroit. But that's the way the corporate ball bounces. They can move anywhere they want and the courts in the nation can't stop them. Peter Karanos said that the reason that Quicken is moving to Downtown Detroit because young employee demand and cheaper tax rates. | ||
Gthomas Member Username: Gthomas Post Number: 85 Registered: 09-2004 |
I hope Rock Financial think modern and build a glass and steel 50-story skyscraper with major chain retail, residential skyscraper and lure major hotel to open downtown. | ||
Granmontrules Member Username: Granmontrules Post Number: 256 Registered: 01-2007 |
I know plenty of white women, including my wife, who are completely comfortable with walking around downtown. After reading the FREEP comments we got a long waaaay to go with Ma & Pa Kettle errr I mean Suburbanite. | ||
Umcs Member Username: Umcs Post Number: 380 Registered: 06-2007 |
I was somewhat surprised by the vehemence of some posters on the Freep boards about the "crime-ridden cesspool" that Detroit is but I for one am pleased with the decision to move Quicken/Rock downtown. | ||
Lefty2 Member Username: Lefty2 Post Number: 671 Registered: 07-2007 |
Rb336 - that sounds about right 1 Mil Sq Ft. bldg for 4,000 people. Parking what, about 1 per 800 sq. ft.? or 1,250 spaces?? Quick and dirty Fin/Anal on this means big bucks. 1 mill sq ft* $250. pfs cost to build = 250 Mill. taxes a year 8 + Mil. year to cities + 1.5 Mill+ P/R tax to Detroit mortgage @ $200 Mill = 15 mil. a year to Bankers insurance, Payroll, misc expenses, Oper. exp. what about $160 Mill a year (4,000*40,000) +-? That is about 140 million a year in costs by my lame estimate, add 10% profit Over 150 Million a year in revenue needed to operate successfully. This would be a huge boost to Detroit without question and the multiplier effect of additional spending by employees, multiply bt 2 or 3. This is about a 170+ million annual economic impact on the Detroit economy and surrounding burbs in my humble estimate. Not too shabby. opps - (edit too quick and dirty) Forgot - mortgage goes to BANKERS  -(20 mill)tax breaks /year = about -(5mill+/-) for this area , but during building, this will kick ass for about two years with all the spending from workers overnighters, restaurants etc. Still $170 mill a year impact closer to detroit will add some turbo omph to the economic engine. (Message edited by lefty2 on November 13, 2007) | ||
Ray Member Username: Ray Post Number: 1037 Registered: 06-2004 |
This is FANTASTIC!•• There is a God!! We are doing a re-fi and I am definitely going to Quicken. | ||
Johnlodge Member Username: Johnlodge Post Number: 3606 Registered: 10-2003 |
"Quick and dirty Fin/Anal" Woah, what kind of business are they doing? I thought it was mortgages. | ||
Butkaeri Member Username: Butkaeri Post Number: 5 Registered: 01-2007 |
Judging by how much space Gilbert would need, wouldn't he need to build in Grand Circus Park? If he needs a building that fits at least 4,000 employees, and Compuware built for 3,000. He needs to build bigger than Compuware. And since the Hudson's site is smaller than Compware, he would probably need at least 20 stories if not more. If I remember correctly, the Hudson's site can only hold 18 stories. So I guess he'd have to build on the Statler site, and put ePrize and the others on the Hudson site. Right? | ||
Detroit_stylin Member Username: Detroit_stylin Post Number: 5329 Registered: 10-2003 |
LMAO John Lodge... | ||
Gistok Member Username: Gistok Post Number: 5736 Registered: 08-2004 |
Gthomas... 50 stories... would this one fit the bill?? (Quinn's building with Qwiggen as 1st floor retail):  |
