General Motors to relocate downtown Detroit HQ, redevelop iconic Renaissance Center [FOX News]
General Motors Company (GM)
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Source: FOX News
General Motors plans to move its iconic Detroit headquarters to a new downtown office tower and redevelop its home office site, a person briefed on the plans said. The company has scheduled a news conference Monday afternoon with the Bedrock real estate firm to announce the plans, the person said. In addition, Bedrock, which owns multiple office buildings downtown, will join GM in studying redevelopment of the seven-building Renaissance Center now owned by GM, said the person, who asked not to be identified because the plans have not been formally announced. GM CEO Mary Barra and Bedrock Chairman Dan Gilbert will attend the news conference at the site of a new tower Bedrock is building on the site of the old Hudson's department store in the heart of downtown. The person said that GM's main office would move to the Hudson's tower. The plan does not involve GM selling the RenCen, as the tower complex is known locally. The complex is the centerpiece of Detroit's skyline and of
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