In Crain's today:
'Project would include residential, retail components east of Renaissance Center, sources say
General Motors Co. and Dan Gilbertís Rock Ventures LLC are working to develop a swath of land, at least some of which GM owns, on the Detroit River totaling more than 20 acres just east of the Renaissance Center.
According to sources, the development of the area south of Jefferson Avenue would be mixed use, with a combination of multifamily units, retail and other uses.
Sourcesí accounts of the project status differ, with one source saying an architecture firm has been chosen and Gilbertís company selected to develop the land. Another source said negotiations between GM and Gilbertís team are ongoing.
"We do not comment on speculation or rumors," Carolyn Artman, senior public relations manager for Rock Ventures, said in an email this afternoon. "Any company business or other matters that we decide to disclose publicly will be done so through the proper channels at the appropriate time."
As the last line says, it's still just a rumor, but a nice rumor it is.
The entire article is here.
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