What do you do with 5.3 million square feet of concrete and glass when the world it was built for no longer exists?
Built in the 1970s as a corporate fortress to keep the city out, the Renaissance Center in Detroit stands today as a monument to a mid-century urban planning thesis that has completely collapsed.
RenCen office occupancy sits under 10%, construction costs are up 55% over the last decade, and downtown real estate demands an entirely new model.
My guests are Jennifer Stallings Dewey, the Senior Counsel, Community Engagement at General Motors; and Jake Chidester, Vice President of Strategic Initiatives at Bedrock.
In this episode, we dive into the multi-billion-dollar proposal by General Motors and Bedrock to demolish two 39-story towers, tear down the concrete podium, and turn an isolated corporate island into a connected, walkable riverfront district. We answer a ton of listener questions, as well.
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