Who owns the GM building in Detroit?
The Renaissance Center (also known as the GM Renaissance Center and nicknamed the RenCen) is a group of seven connected skyscrapers in Downtown Detroit, Michigan, United States….Renaissance Center.
| Detroit Marriott at the Renaissance Center | |
|---|---|
| Opening | 1977 |
| Owner | General Motors |
| Management | Marriott Hotels & Resorts |
| Height | 727 ft (222 m) |
Did GM sell the Ren Cen?
GM bought the Renaissance Center in 1996 for $70 million. Today, it covers 5.5 million square feet, houses GM, and provides space for 50 non-GM office tenants and 60 retail outlets.
How much did the Renaissance Center cost?
The Renaissance Center cost $350 million to build nearly two decades ago.
When did GM buy the Renaissance Center?
1996
In 1996, the Renaissance Center was purchased by General Motors for $73 million and became the company’s world headquarters. GM immediately planned a $500 million dollar renovation which was completed in 2004.
How many floors does the GM building have?
15
Cadillac Place/Floors
Is General Motors owned by?
Like any public company with a stock offering, General Motors is owned by shareholders. In the past, the U.S. government was a majority shareholder in the company (after the 2008 bailouts). However, in 2010 GM broke free from the government’s yoke and was reborn in its current incarnation.
How many floors is the GM building in Detroit?
How much did GM pay for the Renaissance Center?
DETROIT — General Motors gm says the shaky real estate market convinced the automaker that it is a good time to buy its leased headquarters in downtown Detroit’s towering Renaissance Center for $626 million. GM revealed the May 1 purchase in a filing Thursday with the Securities and Exchange Commission.
When was the General Motors Building in Detroit built?
1919
Cadillac Place/Constructions started
The General Motors Building is a high-rise office complex located in the New Center area of Detroit. The building was constructed of steel, limestone, granite, and marble between 1919 and 1923 for General Motors, designed by noted Detroit architect, Albert Kahn.
How many stories is the tallest building in Detroit Michigan?
73-story
The tallest skyscraper in Detroit is the 73-story Detroit Marriott at the Renaissance Center, which rises 727 feet (222 m) along Detroit’s International Riverfront.
Where is the General Motors Building in Detroit?
For the office tower in New York City, see General Motors Building (Manhattan). / 42.3686; -83.0756 / 42.3686; -83.0756 Cadillac Place, formerly the General Motors Building, is a landmark high-rise office complex located at 3044 West Grand Boulevard in the New Center area of Detroit, Michigan.
Is the Renaissance Center in Detroit owned by General Motors?
The Renaissance Center complex is on the Detroit International Riverfront and is owned by General Motors as its world headquarters. The central tower, the Detroit Marriott at the Renaissance Center, is the third tallest all-hotel skyscraper in the Western Hemisphere.
Where is Cadillac Place in Detroit, MI?
Cadillac Place, formerly the General Motors Building, is a landmark high-rise office complex located at 3044 West Grand Boulevard in the New Center area of Detroit, Michigan. It was renamed for the French founder of Detroit, Antoine Laumet de La Mothe, sieur de Cadillac.
Why was the General Motors Training Center sold?
As a part of labor negotiations last year, GM and the UAW agreed to sell the training center building and reform the organization itself into trust funds with more financial oversight of funds designated for skilling blue-collar workers.