Dan Gilbert buys up more buildings in downtown Detroit - New York News

Dan Gilbert buys up more buildings in downtown Detroit

Posted: Updated:
(Credit: WJBK | myFOXDetroit.com)Rock Ventures and Quicken Loans Chairman Dan Gilbert (Credit: WJBK | myFOXDetroit.com)Rock Ventures and Quicken Loans Chairman Dan Gilbert
DETROIT, Mich. (WJBK) -

The owner of Quicken Loans is quickly buying up property and changing the landscape in downtown Detroit.

On Tuesday Dan Gilbert's Rock Ventures LLC announced it had purchased five more buildings, increasing the company's downtown real estate investments to 15 buildings and 2.6 million square feet of commercial space.
 
The recent acquisitions include the nine-story Kresge Building on Woodward, a five-story story building nearby and a three-story building further north. They will be renovated for retail and office or residential use.
 
Quicken Loans is an online retail mortgage lender. Rock Ventures is the umbrella entity for Gilbert's portfolio of companies, investments and real estate. In all, Rock Ventures has acquired eight downtown buildings this year. Gilbert has said he hopes to help make downtown a destination for Web and technology-based businesses.

In July FOX 2's Alexis Wiley reported Rock Ventures and Quicken Loans was moving Title Source and 1,500 employees into the First National Building, a building Rock Ventures bought last summer.

Click on the link to see that report:  Title Source moving into Detroit's First National Building


The Associated Press contributed to this report.

  • Local NewsLocal NewsMore>>

  • Friday Night Live: August 29, 2014

    Friday Night Live: August 29, 2014

    Friday, August 29 2014 11:14 PM EDT2014-08-30 03:14:33 GMT

    This is Fox 5's Friday Night Live, a weekly celebration of the end of the work week. All summer long, the Fox 5 team brings you the latest in entertainment, nightlife, food, and music in our area. In this jam-packed episode: Electric Zoo Festival, Beth Shak, Richard Albrecht, Kathy Wakile, and Moses Laboy .

    This is Fox 5's Friday Night Live, a weekly celebration of the end of the work week. All summer long, the Fox 5 team brings you the latest in entertainment, nightlife, food, and music in our area. In this jam-packed episode: Electric Zoo Festival, Beth Shak, Richard Albrecht, Kathy Wakile, and Moses Laboy .


  • Cocktails with Moses Laboy

    Cocktails with Moses Laboy

    Friday, August 29 2014 10:49 PM EDT2014-08-30 02:49:46 GMT
    Mixologist Moses Laboy came to Friday Night Live to mix up some cocktails to get us started on the holiday weekend. Born and raised in Spanish Harlem, Laboy has mixed drinks at Red Rooster, Los Americanos, Le Colonial NYC, and elsewhere. He has served drinks to President Obama and President Clinton.
    Mixologist Moses Laboy came to Friday Night Live to mix up some cocktails to get us started on the holiday weekend. Born and raised in Spanish Harlem, Laboy has mixed drinks at Red Rooster, Los Americanos, Le Colonial NYC, and elsewhere. He has served drinks to President Obama and President Clinton.
  • Business is good at Coney Island

    Business is good at Coney Island

    Friday, August 29 2014 10:22 PM EDT2014-08-30 02:22:32 GMT
    From the brand-new Thunderbolt roller coaster to the world-famous boardwalk, tourists and business owners alike say Coney Island had a great ride of its own this summer. Toms Coney Island's general manager Vasilios Tourlokas says the mild summer impacted his boardwalk business in the best way possible: a 10 to 15 percent increase.
    From the brand-new Thunderbolt roller coaster to the world-famous boardwalk, tourists and business owners alike say Coney Island had a great ride of its own this summer. Toms Coney Island's general manager Vasilios Tourlokas says the mild summer impacted his boardwalk business in the best way possible: a 10 to 15 percent increase.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices