Quote Originally Posted by stasu1213 View Post
Wrong. Gilbert and Bedrock could work wonders to the RenCen complex where G.M. couldn't. Bedrock could attract the right tenants to the complex. They could get new managers and planners with fresh ideas for thr complex. HM was just a car company focusing on selling cars. Sure the company did improve the complex since possessing it but that was under a different CEO and management company. Not putting all of the blame on Barra. She had inherited a company whose glory days were far behind it especially losing two brands, Pontiac and Oldsmobile.
Gilbert has done wonders for downtown but even he knows supply requires demand. He'll be happy to take a fee or equity stake in exchange for management, why not, but he won't be dumb enough to put his own money in it. It's not anyone's fault that office demand has cratered since covid but that makes the Ren Cen less desirable than ever. Meanwhile Gilbert hasn't even announced plans for the fail jail site, Monroe Blocks is on hold and he has a lot of space to fill in his existing buildings and retail spaces.