DETROIT (AP) An ambitious $1.6 billion plan unveiled Monday would demolish two buildings of Detroit’s famous Renaissance Center and transform the facility into a mix of offices and apartments.
The complex, which will lose its owner General Motors Co.’s headquarters next year, is a representation of Detroit and is frequently featured in televised sports broadcasts from an aerial perspective.
In favor of a more contemporary structure being built downtown, GM made the decision this spring to abandon what is known locally as the RenCen.
In April, General Motors announced that it would work with Wayne County and the Bedrock real estate development company to transform the mostly undeveloped land into a roughly 27-acre entertainment complex across the Detroit River from Windsor, Ontario.
According to the plans, Bedrock would invest at least $1 billion in the land, with GM contributing an additional $250 million and an additional $250 million in unspecified public funds—possibly from the state of Michigan.
The plan, which Bedrock referred to as conceptual, would minimize the center’s office footprint while maintaining the majority of the skyline. According to a press release from Bedrock, the waterfront project will complement a riverfront boardwalk and would be made possible by the demolition of the two 39-story skyscrapers. According to Bedrock, a pedestrian walkway would connect the waterfront with the center of city.
The proposals were first reported by Crain’s Detroit Business, which stated that the 73-story main tower will remain, with upscale apartments on the top floors.
The relocation to a brand-new, cutting-edge office complex in the center of the city will help GM attract talent in the future, according to GM CEO Mary Barra’s statement from last April. Approximately one mile (1.6 kilometers) north of the Renaissance Center is the new location, which Bedrock is building. According to her, the decision also ensures that GM’s headquarters will remain in the city for the foreseeable future.
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