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Detroit CBD Stays on Historic Pace

Dan Gilbert's Bedrock has just started work on what will be the city's tallest building, and the first spec office project in decades.

By Brian J. Rogal | Updated on January 22, 2018

det-hudson project (4) Bedrock’s new tower will replace the site which once held Hudson’s, and rise 70 feet taller than GM’s Renaissance Center.

DETROIT—Office tenants in the Detroit metro area continue to absorb impressive amounts of space, and the coming year promises to be historic. In the fourth quarter, the market recorded 643,693 square feet of positive absorption, mostly attributed to class A properties, according to CBRE’s Office MarketView. And Dan Gilbert’s Bedrock broke ground on what will be the city’s tallest skyscraper, a symbol of the downtown’s amazing progress over the past few years.

The new project will rise on the site of the former home of Hudson’s Department Store, and total about one million square feet, with hundreds of apartments and 100,000 square feet of retail. Perhaps most notably, it will also include 240,000 square feet of new office space.

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