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Stock impact report

General Motors moving to new Detroit headquarters in 2025 [Globe and Mail, The (Toronto, Canada)]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Ford is in the process of rehabilitating Michigan Central Station in downtown Detroit – the city's historic but dilapidated former rail station – to be a large hub for tech workers and software engineers. The GM headquarters – with its glowing logo atop one of the towers – has become an important part of Detroit's skyline since the automaker purchased the property in 1996. The move to this location was “a milestone that helped spark a downtown renaissance,” the company says on its website. GM will partner with real estate firm Bedrock, which is led by billionaire Dan Gilbert, and with the City of Detroit and Wayne County, to study how to redevelop GM's Renaissance Center headquarters over the next year, Barra said. GM has entered into an initial 15-year, multi-level lease for the top office floors as well as showcase space at the street level, the automaker said in a statement. Financial terms between GM and Bedrock were not disclosed. GM President Mark Reuss and a company sp Show less Read more
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