GM to plan move from RenCen to Dan Gilbert’s Hudson’s tower

[Jimaz]

…help Jmaz, the pic still is sideways��

Happy to help.

[Gistok]

Keeping nominal Headquarters downtown may be easy to explain. When bringing bigwigs, investors, and the likes to town it is a little difficult to schmooze them in "Borin' Warren".

Better to bring them to their pied-à-terre "headquarters" in the downtown to stay at the five star hotel and where the major leagues sports, arts and culture, and, what the heck, casinos too are.

Make sense?

I believe that the best that Warren has to offer is a 3 Star Hotel.

[DetBill]

Happy to help.

saved me again, Thanks!! As mentioned wondering why GM has blacked out the top of the towers for the last month and a half, they said that the GM Square signs were being repaired and they have been fixed and now they’ve turned the switch off on the towers. Horrible timing with the draft.

[stasu1213]

saved me again, Thanks!! As mentioned wondering why GM has blacked out the top of the towers for the last month and a half, they said that the GM Square signs were being repaired and they have been fixed and now they’ve turned the switch off on the towers. Horrible timing with the draft.

Went to the RenCen this past weekend. I hadn't noticed anything inside the building supporting or advertising for the draft. There are pics, postings, or sign in windows of buildings downtown. RenCen always acted as an island to itself

[jcole]

They are probably not particularly anxious to support Ford...

Went to the RenCen this past weekend. I hadn't noticed anything inside the building supporting or advertising for the draft. There are pics, postings, or sign in windows of buildings downtown. RenCen always acted as an island to itself

[Richard]

Went to the RenCen this past weekend. I hadn't noticed anything inside the building supporting or advertising for the draft. There are pics, postings, or sign in windows of buildings downtown. RenCen always acted as an island to itself

Look at the other buildings that architect designed ,he was known for futuristic designs with the buildings being an island in their own sense at the time very few wanted to venture into the downtowns he built them in.

There is one that has 4 of the round cylinders on each corner on a raised platform,it mimics a castle but in glass.

Another looks like the vintage camera bellows when they are extended.

But his house looks more like a contemporary Frank Loyd Wright design and not so fortress style.

[stasu1213]

They are probably not particularly anxious to support Ford...

They need to come together for solidarity and support the NFL Draft. GM and Ford worked together for the 2006 Superbowl when ESPN was in the Winter Garden

[Gistok]

Went to the RenCen this past weekend. I hadn't noticed anything inside the building supporting or advertising for the draft. There are pics, postings, or sign in windows of buildings downtown. RenCen always acted as an island to itself

Good things comes to those who wait... mystery solved...

[casscorridor]

Sorry Detroit, GM CEO Mary Barra Conned Motown With Bogus Headquarters Claim

https://www.deadlinedetroit.com/arti...quarters_claim

Psst. Hey Deadline Detroit readers, can you keep a secret? Promise not to tell Mayor Duggan or the folks at the Free Press and the News. This is just between us, okay?

GM’s headquarters is in Warren. It has been for quite some time.

Yeah, I know, CEO Mary Barra said this week that "it's important to all of us at GM that we continue to call Detroit our home for a long time to come” and that she’s relocating the company’s headquarters from the RenCen to the Hudson’s Detroit complex because the heavily taxpayer subsidized Dan Gilbert building is “very personal to me.”

I’m always touched when CEOs share their feelings about what matters to them most.

But this is the same Mary Barra who told employees they could “work appropriately” from home indefinitely and then ordered them back to the office three days a week.

The same Mary Barra who for years said GM by the end of 2025 would be selling more electric vehicles than Tesla. That ain’t going to happen. Even Ford and Hyundai sell more EVs than GM.

The same Mary Barra who said GM’s 2023 executive compensation would be tied to the success of the company’s EV transition. Given that GM’s transition to EVs has been an undeniable disaster, don’t hold your breath that Barra’s 2023 compensation, which will be disclosed in short order, will reflect a massive pay cut from the $29 million she awarded herself the previous two years. [[Barra is chair of GM’s board, which means she has undue control.).

There is no law requiring that certain parameters must be met to qualify as a company’s headquarters. Dave Calhoun, Boeing’s arrogant and failed CEO, once declared that his company’s headquarters was where he and his CFO happened to be.

“Remember now what headquarters is – it’s me, CFO,” Calhoun said at a June 2022 press event for the official launch of Boeing’s new Virginia office.

In addition to them both getting paid more than $20 million a year, I see lots of other disturbing similarities between Calhoun and Barra. Both are overseeing the decline of two once great American corporations, their futures threatened by better run rivals in Europe and China. I consider it a bad omen that GM is moving into a building named after another once vaunted Michigan corporation that was merged out of existence decades ago.

Barra’s top lieutenants don’t appear all that bullish about GM’s future, otherwise they wouldn’t be dumping their stock given the runup that’s resulted from Barra spending $10 billion to buy back GM’s shares and made them just slightly more valuable than they were when she took over the company more than 10 years ago.

This article is such a nothingburger.

GM invests in the world's largest automotive design facility, where they've been for over half a century: people complain.

GM invests in a brand new HQ which will help revitalize downtown: people complain.

Both are located in metropolitan Detroit. That's something to celebrate.

Let's not balkanize our region with stupid technicalities like "Warren isn't Detroit" when it's a 20 minute drive from Downtown. To the rest of the world, that's simply known as Detroit.

Or, "look they put a boardroom in the tech center, see! they're shadow moving their HQ!" paranoid delusions.

There is no nefarious intent here. This is an iconic company and pillar of the US economy re-investing in Detroit.

[Gistok]

This article is such a nothingburger.

GM invests in the world's largest automotive design facility, where they've been for over half a century: people complain.

GM invests in a brand new HQ which will help revitalize downtown: people complain.

Both are located in metropolitan Detroit. That's something to celebrate.

Let's not balkanize our region with stupid technicalities like "Warren isn't Detroit" when it's a 20 minute drive from Downtown. To the rest of the world, that's simply known as Detroit.

Or, "look they put a boardroom in the tech center, see! they're shadow moving their HQ!" paranoid delusions.

There is no nefarious intent here. This is an iconic company and pillar of the US economy re-investing in Detroit.

Um... when you say Balkanize... shouldn't you instead be saying Cannibalize??

When Chrysler moved from Highland Park to Auburn Hills... did Highland Park feel Balkanized? Or was it more like Sodomized?

Highland Park got so bad, that not even Detroit would want to incorporate it into the city, if given the chance!

When GM moved to the Renaissance Center back in the late 1990s there were 2400+ Ford employees that were in 1 of the 4 RenCen towers... they left for Dearborn. So yes... in a sense... GM has screwed Detroit over.

The city shouldn't have to take 1 step back for each 2 steps forward. And that's the way it has been for a long time.

[stasu1213]

Um... when you say Balkanize... shouldn't you instead be saying Cannibalize??

When Chrysler moved from Highland Park to Auburn Hills... did Highland Park feel Balkanized? Or was it more like Sodomized?

Highland Park got so bad, that not even Detroit would want to incorporate it into the city, if given the chance!

When GM moved to the Renaissance Center back in the late 1990s there were 2400+ Ford employees that were in 1 of the 4 RenCen towers... they left for Dearborn. So yes... in a sense... GM has screwed Detroit over.

The city shouldn't have to take 1 step back for each 2 steps forward. And that's the way it has been for a long time.

Not only GM screwed Detroit over; those over the years whom decided to keep Detroit a one horse town [[relying only on the car companies to keep this city afloat) had also screwed Detroit over as well. Highland Park's downfall began when Ford decided to close it's plant in that city and operate north of the border of Detroit. Chrysler's headquarters was on life support for 20 plus years supporting a failed city when it decided to pull the plug and move it's headquarters to Auburn Hills. Karmanos and Gilbert had changed the vibe of Detroit from being just a one horse blue collar town to moving toward being a technological city as well

[Richard]

Companies buying stock back is how it works,they sell stocks in the lean times to stay afloat and buy them back when they are doing better so they have something to sell when the lean times hits again.

People do not seem to put things into perspective when it comes to CEOs ,

The average worker has one job to do,if they do more they expect more pay so why would one expect a CEO who is responsible for a company and all of its employees and the shareholders to make less?

Is it not based on performance?

People get upset because companies operating in a capitalist society operates in a capitalistic manner.

When it comes to EVs ,she said from the start,they were not profitable without government incentives,so they had to agree to a deadline,which they announced to pander in order to make elected officials look good and win elections.

They won the elections then no incentives or smaller incentives that they suas they weee going to do,people have not noticed but the EPA emission standards were rolled back because they know full well that 2030 deadline could never be achieved.

The mistake she made,along with many other companies,was pandering to public bandwagons,and now all of that is coming back to bite them in the rear in optics.

So now you have increased labor costs along with increased everything else,nobody,even the general public could have said 4 years ago that they saw the economic conditions that we see today coming and everybody has had to readjust their financial outlooks.

It was kinda easy to see what happens when you artificially inflate the economy,that’s why it is called stimulus,but sooner or later you have to pay for that ride.

Companies are not different then individuals,you are supposed to put back enough to carry you through the slow times,the socialists say,you made billions in profit pay me more,you can afford it.

Until the next slow down when the profits are not there and it becomes time to trim the fat - labor costs.

The auto industry in Detroit is well documented with ebbs and tides,good times and bad.

But at the end of the day - The sole purpose of a corporation is to make money for its shareholders because without the shareholders there is no company,without the company there is no jobs .

You cannot really blame what happened to the region on the manufactures,they did what they were supposed to do,established businesses and provided jobs.

The 2 million residents at the time were comfortable with being a one horse town,they spent more time demanding more from the job providers than they did with elected officials,how did that work out?

The buying public cares more about lifting Chinese boats than their own fellow Americans,then they get upset because in order to compete companies have to offshore.

GM is a worldwide organization,they can headquarter anywhere in the world at 1/2 the cost.

Look at Kaiser - They used to build cars in Detroit,they have not built autos in decades,but they are still a multi billion dollar corporation.

There is still ongoing concerns under Packard even after they shut down decades ago and the city decided to wipe their memories from the history books in order to erase a bad past.

The Kelvinator factory was demolished,but yet they are still in America building appliances,just not in Detroit.

The point is ,with or without Detroit the companies will still exist as ongoing concerns even if they stop building cars tomorrow.

It’s probably more prudent to find a happy medium and demand more from your elected officials then trying to create a socialist dream,because clearly that has not worked out very well.

Not for nothing but the cycle is still being repeated,you are trying to climb in bed with the Chinese and build battery factories when there are billions in GOV DOD contracts up for grabs.

You already have the factories,the ones you have not demolished,the steel mills,that shut down and the infrastructure in place without spending billions in taxpayer dollars.

So it is history being repeated with lifting everybody’s boats but yours ,sorry,that is not the auto manufacturers fault and you are going down the road doing the exact same thing you did in the past with the technology and putting all of your ducks in one boat and expecting different results.

You are repeating the exact same cycle of remaining a one horse town of relying on the auto aspect and hoping it will save the day,when you drive by the history that tells you it is not the way to go.

The focus is on autos but there was a time when Detroit was not a one horse town,it was a diverse manufacturing region and had the jobs and population to match.

[stasu1213]

Detroit Public Schools 50 plus years ago had done a much better job in prepping it's students for the job market and the global market than they had done presently. There were many trades that students had learned including math, science, business, and law. Students were also learning to fly. Computer classes were installed in the 70s. Why hadn't Detroit tapped into that talent that were in DPS and use them to attract other businesses from across the country or start up local firms that could hire these talents?

[casscorridor]

Um... when you say Balkanize... shouldn't you instead be saying Cannibalize??

When Chrysler moved from Highland Park to Auburn Hills... did Highland Park feel Balkanized? Or was it more like Sodomized?

Highland Park got so bad, that not even Detroit would want to incorporate it into the city, if given the chance!

When GM moved to the Renaissance Center back in the late 1990s there were 2400+ Ford employees that were in 1 of the 4 RenCen towers... they left for Dearborn. So yes... in a sense... GM has screwed Detroit over.

The city shouldn't have to take 1 step back for each 2 steps forward. And that's the way it has been for a long time.

No, I mean Balkanize. Warren is Detroit. Dearborn is Detroit. Auburn Hills is Detroit. But in this region, people act like they're practically in different states.

No one outside the Detroit area cares about how the constituent municipal entities of Detroit are organized, they just see "Detroit".

You might not like the sprawling, fragmented pattern of developement that Detroit has taken, fine. And I'd agree with you.

But GM and Ford are businesses making business decisions.

Ford moving into Michigan central is a business decision.

GM moving out of RenCen into Hudsons is a business decision.

Businesses often move facilities, leaving old ones empty. That's just part of doing business.

If you think that GM should move the tech center downtown, and that Ford should move back into the RenCen, make a business case for that.

[313WX]

Sorry Detroit, GM CEO Mary Barra Conned Motown With Bogus Headquarters Claim

https://www.deadlinedetroit.com/arti...quarters_claim

Psst. Hey Deadline Detroit readers, can you keep a secret? Promise not to tell Mayor Duggan or the folks at the Free Press and the News. This is just between us, okay?

GM’s headquarters is in Warren. It has been for quite some time.

Yeah, I know, CEO Mary Barra said this week that "it's important to all of us at GM that we continue to call Detroit our home for a long time to come” and that she’s relocating the company’s headquarters from the RenCen to the Hudson’s Detroit complex because the heavily taxpayer subsidized Dan Gilbert building is “very personal to me.”

I’m always touched when CEOs share their feelings about what matters to them most.

But this is the same Mary Barra who told employees they could “work appropriately” from home indefinitely and then ordered them back to the office three days a week.

The same Mary Barra who for years said GM by the end of 2025 would be selling more electric vehicles than Tesla. That ain’t going to happen. Even Ford and Hyundai sell more EVs than GM.

The same Mary Barra who said GM’s 2023 executive compensation would be tied to the success of the company’s EV transition. Given that GM’s transition to EVs has been an undeniable disaster, don’t hold your breath that Barra’s 2023 compensation, which will be disclosed in short order, will reflect a massive pay cut from the $29 million she awarded herself the previous two years. [[Barra is chair of GM’s board, which means she has undue control.).

There is no law requiring that certain parameters must be met to qualify as a company’s headquarters. Dave Calhoun, Boeing’s arrogant and failed CEO, once declared that his company’s headquarters was where he and his CFO happened to be.

“Remember now what headquarters is – it’s me, CFO,” Calhoun said at a June 2022 press event for the official launch of Boeing’s new Virginia office.

In addition to them both getting paid more than $20 million a year, I see lots of other disturbing similarities between Calhoun and Barra. Both are overseeing the decline of two once great American corporations, their futures threatened by better run rivals in Europe and China. I consider it a bad omen that GM is moving into a building named after another once vaunted Michigan corporation that was merged out of existence decades ago.

Barra’s top lieutenants don’t appear all that bullish about GM’s future, otherwise they wouldn’t be dumping their stock given the runup that’s resulted from Barra spending $10 billion to buy back GM’s shares and made them just slightly more valuable than they were when she took over the company more than 10 years ago.

Some completely missed the point this article was making.

It's not about appeasing investors or balkanization. It's the fact that Mary Barra is a charlatan, and those who are falling for this PR charade are pretty gullible.

Claiming two floors of token office space for C-Level Executives who are rarely in the office [[who BTW also have offices in Warren) as the HQ is nothing more than a low-brow symbolic gesture when functionally, all of the administrative operations [[including the associated working population that would actually be spending money at nearby businesses) have long been shifted out of Detroit proper to the suburbs [[the Warren Tech Center).

Adding insult to injury, GM has given up all of their space in Detroit, Grand Blanc and Pontiac just to cram the workers who previously reported to those facilities at the WTC, which was never built to accommodate nearly as many workers as it has now [[and in fact, it's been a clusterfuck for GM employees since the RTO mandate).

As a famous TV judge would say, don't pee on my leg and tell me it's raining.

[Richard]

^ it’s a slanted opinion to begin with,why would GM want to retain an albatross of a building ? For historical reasons?

The city mows down and tries to wipe out the cities past history and expects GM to stick around based on emotions ?

The mayor demolished the Packard plant based on it was time to put the past behind and move forward,maybe GM is just following the hint.

People not wanting to go back to work at the office created a nightmare for commercial office space owners ,most of them around me are being converted into apartments and hotels,GM is not in that business so really no need to keep the building anyways.

[stasu1213]

The big 3 hadmade Detroit what it is. The car capital of the world that provided a way of living especially for Detroiters. That "One Horse" did keep Detroit afloat for a century until the Japanese invasion happened in the 80s and beyond. Mary Barra shouldn't take all of the blame for a company that was faltering at the time she had taken charge of it. Elected officials and city planners hadn't done their jobs increasing the stables for more horses to reside in. Still they allow for the faltering industry to gobble up neighborhoods and shut off streets such as Chrysler/Daimler had done on the Eastside of Detroit. I purposely reversed the name. God forbids what will happen if Stellantis decide ro shutter that enormous factory. To GM's defense, they did provide their employees funding to go back to school to further their education and skills back in the 1980s. Few employees had taken advantage of it. Many hadn't. The company knew then that the handwriting was on the wall for those seeking 20 plus years employment at the factory.

[Richard]

My father use to tell me,the only way you are going to get ahead in life is to get a job for a company and retire with pension and benefits,until he was 2 years from retirement and the company he worked for sold out and he lost all of that.

It was also at that time he told me it was a good thing I never listened to him.

My mother started out mending clothes for the rich people,she invested it in houses and had 4 by the time she turned 18,she never worked for anybody but became a multi millionaire.

At a time when women just did not do that stuff.

Outside of the service I did 2 years corporate and walked in one day and was told they no longer needed me in a good new bad news,good news was I took them over 1 million in profit for the first time in their 15 year history,the bad news was it cost them my salary of $200k to do it so they had to let ke go because they could hire somebody cheaper.

So that was it,I put an add in the newspaper for an investor found one before the weekend was over and I became their competitor.

The thing is there are so many opportunities out there,even in the skilled trades,you can make more money doing less work than somebody with a college degree without the debt and work for yourself.

Everybody talks about the evil corporations and high paid CEOs,nobody is stopping them from being their own boss but themselves.

[Trumpeteer]

Look at the other buildings that architect designed ,he was known for futuristic designs with the buildings being an island in their own sense at the time very few wanted to venture into the downtowns he built them in.

There is one that has 4 of the round cylinders on each corner on a raised platform,it mimics a castle but in glass.

Another looks like the vintage camera bellows when they are extended.

But his house looks more like a contemporary Frank Loyd Wright design and not so fortress style.

Have you been in Portman's house on the island?

[Satiricalivory]

This article is such a nothingburger.

Detroit haters love nothing burgers. Look at the user who posted it lol.

[Richard]

Have you been in Portman's house on the island?

No just saw pictures when I did some quick research as to who designed and what motivated them,given the time frame it makes sense and he was considered top of the game when it came to futuristic architectural design.

But that was the motivation,a fortress that was within an island on itself.

That stuff did not appeal to me anyways because I think all of a downtown core of buildings should complement each other instead of a bunch of islands within themselves.

They did one all glass like that in Philadelphia,but they had to spend millions revamping it because in evening traffic the setting sun would blind drivers as it reflected off of the glass.

I guess in theory the original Hudson’s was an island on itself by design but it still flowed with the rest of the city.

I believe he passed in 2018 at 90 ?

I think if Detroit had a sister city it would be Rockwood Illinois,same situation but their empty factories which way outnumber Detroits,are still standing and not trashed or demolished,just boarded up,vacant.

The city is more pro active in requiring the owners to secure them,it’s kinda surreal hundreds if not thousands of massive factories just empty like the last person shut the door and walked away,which is kinda what they did.

Chrysler is the only one left there pretty much.

But they were another one when it came to manufacturing in the U.S. ,there was a time when everything that was manufactured in this country contained a part from there,even the nuts and bolts and screws and stamping machines for the auto manufacturers all came from there.

Like Detroit you can buy a $500 house there,move in ready.

[Cincinnati_Kid]

Like Detroit you can buy a $500 house there,move in ready.

Richard, show me a $500.00 house in Detroit that's move in ready? That's hyperbole...

[southen]

Richard, show me a $500.00 house in Detroit that's move in ready? That's hyperbole...

Don’t question his quick research.

[Richard]

Richard, show me a $500.00 house in Detroit that's move in ready? That's hyperbole...

It’s hyperbole because you are quick to seek.

Like Detroit you can buy a $500 house ,BUT it is move in ready.

I forgot to add the word BUT so instead of asking for clarification you and the other one are quick to be negative.

I am not the enemy and also not sure why you are trying to justify.

Its an example of two cities that were industrial powerhouses that experienced the same circumstances,one city chose the route of demolition and destruction while the other chose to hold the property owners accountable and secure and mothballed the buildings so they are still there.

So instead of recognizing the impact of electing and holding accountable local officials you and the other one choose the path of finding another reason to justify it all by deflecting to me.

Companies are building new factories every day in this country and across the world but yet the cities that already have them choose to retain the same thought patterns so they sit empty or get demolished while continuing the cycle while others defend that cycle until the last person is standing in the soup line.

[Burnsie]

No, I mean Balkanize. Warren is Detroit. Dearborn is Detroit. Auburn Hills is Detroit. But in this region, people act like they're practically in different states.

No, those cities aren't "Detroit." Not in their history, leadership, tax revenue, school districts, business areas, neighborhoods, not in the daily issues they face. Residents of the actual City of Detroit would love to be able to overcome all the struggles that people in Auburn Hills don't have.

Those cities are near Detroit, but they are a thousand miles away from being Detroit.