GM to Move Detroit Headquarters to Dan Gilbert-Owned Tower (3)

General Motors Co. will move its downtown Detroit headquarters across the city next year to the Hudson’s building, a new 1.5 million-square-foot project being developed by billionaire Dan Gilbert.

For GM, the deal makes the automaker a long-term fixture in the revival of Detroit’s downtown, which Gilbert has been spearheading by acquiring and developing 45 major office, retail and hospitality properties. It will give Gilbert, chairman of mortgage lender Rocket Cos. Inc., an anchor tenant for the office portion of the $1.4 billion building. The companies revealed the plans late Monday, confirming an earlier Bloomberg News report.

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