National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Innovation Campus Coming to Downtown Detroit
State, local and county officials joined Related Companies chairman Stephen M. Ross, CEO Matt Cullen of Bedrock and University of Michigan (U-M) president Mark Schlissel to announce plans for a 14-acre Detroit Center for Innovation (DCI) in downtown Detroit.
To be built on the site of the former Wayne County Jail, the project will be anchored by a $300-million, 190,000-square-foot research and education center operated by U-M.
It’s anticipated the new U-M facility will eventually serve up to 1,000 students pursuing advanced degrees in high-tech innovation disciplines. The initial phase of the DCI build-out also will include incubator and startup services for entrepreneurs, collaboration space for established companies, residential units, a hotel and conference center and event space.
Development of the academic building will be made possible in part by a major gift from Ross, a Detroit native and long-term U-M benefactor.
For comments, questions or concerns, please contact Paul Bubny
- ◦Development
