General Motors (GM) has reversed its earlier decision to demolish the Renaissance Center entirely after announcing plans to relocate its headquarters to Hudson's Detroit in 2025.
Instead, GM, in partnership with real estate developer Bedrock, has unveiled an ambitious redevelopment plan that will modernize the site while preserving its iconic presence in Detroit’s skyline.
The plan includes demolishing two office towers near the Detroit River and removing several low-rise office buildings within the complex. This will make way for open spaces and a more welcoming environment, according to GM and Bedrock, as cited by Boosted.
The three remaining main towers will undergo a transformation, repurposed as residential and hotel facilities. The revamped area will also feature public access and a new waterfront promenade, creating a destination for residents and visitors alike.
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The redevelopment project spans 27 hectares and aims to turn the Renaissance Center into a key part of Detroit’s waterfront.
While GM and Bedrock will fund most of the project, a portion of the costs may fall to taxpayers.
Built in 1976 and acquired by GM in the 1990s, the Renaissance Center has seen over $1 billion in investments from the automaker. However, GM is relocating its headquarters to a smaller and more cost-effective complex currently under construction at Hudson's Detroit.
GM has signed a 15-year lease for its new headquarters, which will include space for displaying its car models and hosting community activities.
Specific details on these plans have not yet been disclosed.
