The building has been rededicated in the structure's classically restored lobby.
Erected in 1913, the building was designed by renowned architect Daniel Burnham, known as the father of the modern skyscraper. Located at the intersection of Fort and Griswold, the building is in the heart of Downtown Detroit's Central Business District and is directly across from the Campus Martius development and the new Compuware corporate headquarters.
The facility was known as the Dime Savings Bank Building at its inception, then One Kennedy Square and, while undergoing renovation, Griswold Place.
The BOSC Group Inc., developer and manager of the 23-story, 320,000-sf structure, is preserving the original name, The Dime Building.
"Every square foot of The Dime Building is being restored, renovated or remodeled with the most up-to-date technology, while at the same time, preserving the building's classic design," notes Jerry McKindles, vice president and chief operating officer of The BOSC Group Inc.
The Dime Building is being updated to accommodate the latest office technology, including the ability to customize telecommunications desk-by-desk.
To date, The Dime Building has attracted a number of office and retail tenants from the city and the suburbs, including Plante & Moran, Barton Malow, Trammell Crow, Gradepoint, Hartford Insurance, AAA Michigan, The Greater Downtown Partnership and several food outlets. H&R Block will also move into the building.
The Dime Building renovation has been funded by an owner partnership that includes the Steinhardt Group, a prominent New York investment fund, as well as other private investors. The Dime Building project is the cooperative result of many organizations, including the Detroit Economic Growth Corp., the Downtown Development Authority, Wayne County and the City of Detroit. Other entities involved include GMAC Commercial Mortgage Corp., Parliament/Sachse Construction Co., Barton Malow Design, Plante & Moran, LLP and Trammell Crow.
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