Another Win For Gilbert - Title Source Coming Downtown

**401don** · July-23-12, 11:48 AM

http://www.detroitnews.com/article/2...ional-Building

I don't know if it's his wealth of contacts or as simple as buying cheap and offering lower rents but I'm impressed. I never thought anyone could bring this many people downtown this quickly.

**stinkytofu** · July-23-12, 11:55 AM

I just read online - WHOA. 1,500 employees?! Great to hear. I'm used to reading about 15-20 folks from a small company moving downtown - which is great - but Title Source is bringing a ton. Wonderful news for the CBD.

**ndavies** · July-23-12, 11:55 AM

Title source is just another piece of Rock Financial, The owner of Quicken loans. So it's not hard for Gilbert to talk one of his other companies into moving into one of the buildings he already owns.

**401don** · July-23-12, 12:04 PM

Originally Posted by ndavies

Title source is just another piece of Rock Financial, The owner of Quicken loans. So it's not hard for Gilbert to talk one of his other companies into moving into one of the buildings he already owns.

Didn't realize that. I don't remember it being mentioned when articles talked about sister companies he might bring downtown and it's a big one.

**artds** · July-23-12, 02:56 PM

Originally Posted by ndavies

Title source is just another piece of Rock Financial, The owner of Quicken loans. So it's not hard for Gilbert to talk one of his other companies into moving into one of the buildings he already owns.

Sooooo, what? Do the 1,500 employees not count as whole persons or something? Does that make the $$ they're inevitably going to spend downtown worth less? Does it mean the office space they're going to fill that would otherwise be vacant isn't really filled? Does it mean the Title Source employees who move downtown as a result of this move aren't really living there?

Just because your own downtown project was an epic failure is no reason to knock what others are doing.

**313WX** · July-23-12, 04:54 PM

Originally Posted by artds

Sooooo, what? Do the 1,500 employees not count as whole persons or something? Does that make the $$ they're inevitably going to spend downtown worth less? Does it mean the office space they're going to fill that would otherwise be vacant isn't really filled? Does it mean the Title Source employees who move downtown as a result of this move aren't really living there?

Just because your own downtown project was an epic failure is no reason to knock what others are doing.

Dan Gilbert announced long ago he was going to gradually move all of his investments downtown.

It's not really "new" news for anyone who's been paying attention.

**noise** · July-24-12, 11:56 AM

Originally Posted by artds

Sooooo, what? Do the 1,500 employees not count as whole persons or something? Does that make the $$ they're inevitably going to spend downtown worth less? Does it mean the office space they're going to fill that would otherwise be vacant isn't really filled? Does it mean the Title Source employees who move downtown as a result of this move aren't really living there?

Just because your own downtown project was an epic failure is no reason to knock what others are doing.

You realize he simply made a truthful statement and you just took off with a bunch of wild assumptions, right?

**rb336** · July-24-12, 01:23 PM

Originally Posted by noise

You realize he simply made a truthful statement and you just took off with a bunch of wild assumptions, right?

the original post could seem rather snarky and dismissive. maybe it was, maybe not. can't see the person's eyes or hear the tone of voice, so all we have is the words, and when that is all we have, we have to examine context. In context, I think it was more a comment about it being a "victory" for Gilbert than any kind of comment about how good it would be for Detroit

**noise** · July-25-12, 10:26 AM

Originally Posted by rb336

the original post could seem rather snarky and dismissive. maybe it was, maybe not. can't see the person's eyes or hear the tone of voice, so all we have is the words, and when that is all we have, we have to examine context. In context, I think it was more a comment about it being a "victory" for Gilbert than any kind of comment about how good it would be for Detroit

I'd say, in context, it was a direct reply the immediately preceding comment. Given further replies, this was confirmed.

**Detroitej72** · July-23-12, 01:45 PM

This still is good news for Downtown Detroit.

**jpbollma** · July-23-12, 02:00 PM

Originally Posted by Detroitej72

This still is good news for Downtown Detroit.

Any estimates out there on the number of workers who will be Downtown after this move? This should help all the new restaurants opening down there.

**artds** · July-23-12, 02:54 PM

Nice move, title source!

**ndavies** · July-23-12, 03:01 PM

I was just commenting on 401 dons comment on Gilberts influence. It's easy to convince a company to move into one of your buildings if you own the comapny.

**artds** · July-23-12, 03:17 PM

Originally Posted by ndavies

I was just commenting on 401 dons comment on Gilberts influence. It's easy to convince a company to move into one of your buildings if you own the comapny.

Which just goes to show what a big deal it is when a guy like Gilbert becomes interested in rebuilding Detroit.

Your argument is the equivalent of dismissing the fact that Jim Schwartz can tell the Lions defense to run whatever play he wants to see run because, you know, he IS the head coach, after all, so its really no big deal. That doesn't make the fact that he BECAME the head coach and can thus influence the plays they run any less impressive, nor does it make the outcomes any less real.

**mikeg19** · July-23-12, 03:09 PM

Good news for downtown, but that's 1,500 jobs from Troy being relocated, not from out of state. Either way, I'm happy to see more workers downtown.

**ThisIsForTheHeart** · July-24-12, 04:48 PM

Originally Posted by mikeg19

Good news for downtown, but that's 1,500 jobs from Troy being relocated, not from out of state. Either way, I'm happy to see more workers downtown.

This is how the trend started in Detroit losing jobs. The jobs would go to the suburbs. The reverse trend is better as regional jobs are returning back to the CBD.

Regional jobs back to Detroit will get people to move back or closer to Detroit. The trend I see from people is moving is north,north,north as jobs are in the troy/Rochester/aubran hills area. So their commute is not far from the jobs. With these jobs being back to Detroit, these people will migrate back closer south to the Detroit area and could stop the endless disgusting sprawl that's been going on.

**Wheels** · July-24-12, 05:57 PM

Originally Posted by ThisIsForTheHeart

This is how the trend started in Detroit losing jobs. The jobs would go to the suburbs. The reverse trend is better as regional jobs are returning back to the CBD.

Regional jobs back to Detroit will get people to move back or closer to Detroit. The trend I see from people is moving is north,north,north as jobs are in the troy/Rochester/aubran hills area. So their commute is not far from the jobs. With these jobs being back to Detroit, these people will migrate back closer south to the Detroit area and could stop the endless disgusting sprawl that's been going on.

There are over 3 million people living outside Detroit in the Tri-County area. If they filled every empty building downtown [[witch I hope they do) it still won't have any effect on sprawl.

**Mind field** · July-23-12, 03:19 PM

This is awesome news! I've heard about title source moving downtown in previous articles, but i never knew it would be this many employees. Always thought it was 300 or less for some reason. And kind of siding with ndavies POV, it will be a real measure of downtown's desirability when companies not affiliated with Dan Gilbert start making significant moves into the core.

**313WX** · July-23-12, 04:57 PM

Originally Posted by Mind field

This is awesome news! I've heard about title source moving downtown in previous articles, but i never knew it would be this many employees. Always thought it was 300 or less for some reason. And kind of siding with ndavies POV, it will be a real measure of downtown's desirability when companies not affiliated with Dan Gilbert start making significant moves into the core.

Agreed.

How about Hantz Group move its offices donwtown if it's so interested in its real estate?

**ndavies** · July-23-12, 03:29 PM

Wo0w, You're making way more out of my comment than I originally intended.

401Don Stated

I don't know if it's his wealth of contacts or as simple as buying cheap and offering lower rents but I'm impressed.

I was just pointing out that Gilbert owned the company.

**Bagley** · July-23-12, 03:44 PM

I already knew that Dan Gilbert owned Title Source but I had to go back and look for where you were "knocking" Dan Gilbert for his investment s in Detroit. Now I'm wondering why you are being attacked. Strange.

Originally Posted by ndavies

Wo0w, You're making way more out of my comment than I originally intended.

401Don Stated

I was just pointing out that Gilbert owned the company.

**Scottathew** · July-23-12, 03:55 PM

This is great news!

**Wheels** · July-23-12, 03:59 PM

With the list of companies owned by Gilbert Detroit could be in for a good run.

http://www.quickenloans.com/about/partner-company

**gameguy56** · July-23-12, 09:38 PM

Originally Posted by Wheels

With the list of companies owned by Gilbert Detroit could be in for a good run.

http://www.quickenloans.com/about/partner-company

wow that is an absurdly long list.

**Danny** · July-24-12, 11:08 AM

Keep it coming Gilbert. You're wonderful Delta City plan is working.

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