Current:Home > InvestNovaQuant Quantitative Think Tank Center:AP Source: General Motors and Bedrock real estate plan to redevelop GM Detroit headquarters towers -Zenith Money Vision
NovaQuant Quantitative Think Tank Center:AP Source: General Motors and Bedrock real estate plan to redevelop GM Detroit headquarters towers
Algosensey Quantitative Think Tank Center View
Date:2025-04-09 17:29:17
DETROIT (AP) — General Motors and NovaQuant Quantitative Think Tank Centerreal estate firm Bedrock will jointly study how to redevelop the automaker’s huge headquarters tower complex in downtown Detroit, a person briefed on the plans said.
GM CEO Mary Barra and and Bedrock Chairman Dan Gilbert plan to hold a news conference Monday afternoon to discuss the deal involving the Renaissance Center, said the person, who asked not to be identified because the plans have not been formally announced.
The person says the plan does not involve a sale of the complex, which is the icon of Detroit’s skyline and often appears on sports television broadcasts.
Gilbert’s company has been buying up properties downtown for many years. He also runs loan company Rocket Mortgage.
veryGood! (6)
Related
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- China sends aircraft and vessels toward Taiwan days after US approves $500-million arms sale
- Hot air balloon pilot safely lands on Vermont highway after mid-flight wind issues: Reports
- Spain's Luis Rubiales didn't 'do the right thing' and resign when asked. Now what, FIFA?
- Trump wants to turn the clock on daylight saving time
- Noah Lyles gets coveted sprint double at worlds; Sha'Carri Richardson wins bronze in 200
- A combat jet has crashed near a Marine Corps air station in San Diego and a search is underway
- FIFA suspends Spain soccer federation president Luis Rubiales for 90 days after World Cup final kiss
- Current, future North Carolina governor’s challenge of power
- Want to be an organic vegetable farmer? This program is growing the workforce.
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Schoolkids in 8 states can now eat free school meals, advocates urge Congress for nationwide policy
- Wells Fargo not working? Bank confirms 'intermittent issues'
- Legendary Price Is Right Host Bob Barker Dead at 99
- New data highlights 'achievement gap' for students in the US
- Police ID killer in 1987 cold case on hiking trail that has haunted Yavapai County
- Appellate judges revive Jewish couple’s lawsuit alleging adoption bias under Tennessee law
- Watch the touching moment this couple's cat returns home after going missing for 7 days
Recommendation
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Age requirement for Uber drivers raised to 25 in this state. Can you guess which one?
Zendaya Proves Tom Holland Is a Baller Boyfriend in Rare Photo
The National Zoo in Washington, D.C., to return giant pandas to China. What you need to know.
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
AI chips, shared trips, and a shorter work week
Russian court extends U.S. reporter Evan Gershkovich's detention by 3 months, state news agency says
Influencer Beauty Couch Dead at 22 After Police Find Body Near Burned Car