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“The retail opportunities along Woodward Avenue at the Chase building, all along Campus Martius and even beyond that, are becoming very compelling. One where high-tech, web-based, entrepreneurial and service companies will flourish, attract and retain the younger generations who are increasingly responsible for creating and operating the most lively and impactful businesses in our entire economy,” said Gilbert. These are two additional major steps in realizing the vision of creating one of the most interesting, intriguing and electrifying urban based, downtown business districts in the entire country. “We are more than excited about the Chase Tower and Two Detroit Center parking garage acquisitions. In addition, the building’s first floor will be redesigned and redeveloped to accommodate pedestrian-friendly retail space along Woodward Avenue. In addition, a portion of the current vacant space is being allocated for several midsize to large companies that have expressed a strong interest to move into the burgeoning technology and new economy growth business district, along WEBward Avenue at Campus Martius. will continue to occupy parts of the building. This is a significant investment and another step forward as we work to attract businesses and create jobs in Detroit.”Īlong with Quicken Loans, J.P. “We are thrilled to have the commitment of Dan Gilbert and Quicken Loans. “Detroit is open for business,” said Mayor Dave Bing. When Quicken Loans and its family of companies complete their occupancy of both the Chase Tower and the recently acquired Madison Theatre building, it will employ approximately 4,000 full-time team members in downtown Detroit. In a separate transaction, the company also announced the finalization of the purchase of Two Detroit Center, a 1,095 space parking garage located less than two blocks from the Chase Tower.Ĭhase Tower, designed by famed architectural firm Albert Kahn Associates and constructed for the National Bank of Detroit (NBD) in 1959, is just steps from Quicken Loans’ headquarters in the Compuware building and rests on the west side of Woodward Avenue between Fort and Congress Streets.

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– Organization confirms plans to move an additional 2,000 Quicken Loans team members to ‘WEBward Avenue’ in downtown Detroit –ĭETROIT, Ap– Dan Gilbert, Founder and Chairman of Detroit-based Quicken Loans Inc., announced the completion of the purchase of Chase Tower, a 505,000 square foot, 14-story high rise office building occupying a full city block at the foot of Campus Martius Park in downtown Detroit’s central business district.

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