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National  + Michigan  + Finance  |  February 25, 2020
Paul Bubny
By: Paul Bubny

Related’s Stephen Ross Makes $100M Gift to Detroit Innovation Center

Stephen M. Ross, chairman of Related Cos. and alumnus of the University of Michigan, will make a $100-million philanthropic gift to launch the fundraising campaign for construction of the Detroit Center for Innovation (DCI).

To be located on the former Wayne County Jail site, the DCI will also be made possible by a significant contribution of land by Dan Gilbert. The first phase of the 14-acre Detroit Center for Innovation is expected to break ground in 2021.

“Detroit has always been an incredible place of innovation and opportunity, and the Detroit Center for Innovation will usher the city into a new era of leadership in technology,” said Ross. “This gift is a symbol of progress and momentum in Detroit, and I am incredibly proud to advance this transformative project.”

Announced last October, the DCI will be anchored by a 190,000-square-foot research and education center to be operated by the university.

For comments, questions or concerns, please contact Paul Bubny

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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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  1. Pingback: Related’s Stephen Ross Makes $100M Gift to Detroit Innovation Center - VRJ Properties
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