DETROIT—This city has become accustomed to Quicken Loans Inc. buying up buildings in the CBD and filling them with thousands of its employees. But the company is also looking beyond the downtown. Earlier this year, for example, the company bought, and then demolished, an old warehouse at 1401 Rosa Parks Blvd. in the Corktown neighborhood, causing many to wonder what it would do with the West Side property.
This week, Quicken, along with its affiliate Bedrock Real Estate Services LLC, answered those questions by beginning construction of a 66,000-square-foot data center and office complex on the site. As reported in GlobeSt.com, the project is just the latest of many data centers starting to sprout across the Midwest.
The Quicken Loans Technology Center will feature two 10,000-square-foot server rooms in addition to training, office and support space. Quicken Loans' technology team will occupy half of the new center. The company will lease the other 33,000-square-foot portion of the building, including the second 10,000-square-foot server room.
The building is Bedrock's second ground-up development in Detroit and it plans to complete the cement and glass structure by January 2015. It will have 1.4 megawatts of redundant available power, and a next-generation air conditioning system to cool its server rooms.
“Detroit is experiencing an exciting technology revolution, so it only made sense to look in our own backyard when we decided to pursue a new home for our application and data systems,” says Linglong He, Quicken's chief information officer. “We invest heavily in technology – both in our infrastructure and in the training we provide our talented, 1,100-member IT team.”
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
