Meridian Health boosts planned new Detroit HQ by 60% UPDATE: Construction cancelled

[animatedmartian]

I hear it is going to be 2,000 stories tall, but only 10 feet wide.

Seriously folks, you think they are going to build all of this new space when they can just move into existing space for less? Compuware has already announced it is going to downsize. http://finance.yahoo.com/news/compuw...130000621.html

"DETROIT, Sept. 10, 2014 [[GLOBE NEWSWIRE) -- Compuware Corporation [[CPWR) today announced that it plans to operationally separate its mainframe and APM businesses and that the resulting mainframe-dedicated company will carry the Compuware name."

Sounds like a sell off/downsizing to me!

Even if Compuware did downsize, Meridan needs 520,000 square feet according to Crain's. That's already half of Compuware HQ's total building size. Unless Dan Gilbert moves out of Compuware as well, Meridian aint gonna fit. And in fact, Meridian aint gonna fit anywhere else because most other downtown skyscrapers are 80-90% occupied and have a total square footage smaller than 500,000 square feet. The fact is, there's no space for a company this size to occupy which means they have to build new.

The rumor that Merdian was going to move into Compuware is based on if Compuware had left Detroit completely, not just downsizing.