Update on the U-M Innovation Center, it has a new name now, it will officially be called the University of Michigan Center for Innovation. In addition, Stephen Ross' Related Cos. is no longer developing the project and the university will take over. One final note, the university also stated they are still planning to renovate the Rackham Building in Midtown.
UM's Detroit Center for Innovation gets a new name, development shakeup

The proposed Detroit Center for Innovation has a new name: The University of Michigan Center for Innovation.


That's not the only change for the $250 million, 200,000-square-foot facility expected to break ground this year on Ilitch family-owned property west of the Fox Theatre.


Stephen Ross' New York City-based Related Cos. is no longer developing the property, and the university is now taking the lead on designing and building it, akin to how it built the business school in Ann Arbor that bears the developer's name. And its academic and programmatic offerings are being expanded beyond graduate studies to fields like robotics, computer science and technology, UM said in a Monday release.Geoffrey Chatas, executive vice president and CFO for UM, said in the release that by taking the lead on construction, the university can tailor it to "its specifications, needs and academic and community programming."


It's not known why that change is being made now. UM declined to make an official available for an interview.


The innovation center is also now planning to offer things like "talent-based community development and community engagement," the release says. Things like workforce training, professional development and certificate programs are also planned.
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