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Chicago & Midwest  + Midwest  + Office  |  July 27, 2018
Paul Bubny
By: Paul Bubny

Chemical Bank Prepares for HQ Move to Detroit

In one of Detroit’s biggest corporate recruitment coups of recent years, Chemical Bank plans to move its headquarters from Midland, MI to the state’s largest city. The 20-story office tower in downtown Detroit would be near the Ilitch family’s recently opened Little Caesars Global Resource Center.

“I never thought I’d see the day that we would have an announcement that a 20-story headquarters building, the corporate headquarters of a major regional bank, Chemical, would be moving with 500 jobs right here to the city of Detroit,” Mayor Mike Duggan said Wednesday at an announcement event with senior executives of Chemical Bank.

Detroit hasn’t been headquarters to a major bank since Comerica moved to Dallas more than a decade ago, Crain’s Detroit reported. Plans call for completing the 250,000 square-foot property over the next two and a half years, with construction beginning by mid-2019.


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Inside The Story

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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