News Column

Quicken Loans starts construction on tech building in Corktown

May 21, 2014

By JC Reindl, Detroit Free Press



May 21--Quicken Loans has broken ground for a building in Detroit's Corktown neighborhood for the online mortgage seller's data servers and IT staff.

The two-story, 66,000-square-foot cement and glass building at Rosa Parks Boulevard and Porter Street is scheduled to open in January as the Quicken Loans Technology Center, according to a news release.

Crews recently demolished an old warehouse at the site that once housed a truck driving school and a concrete cutting business.

Today, the fenced property was abuzz with work crews and earth-moving equipment. The block is surrounded by mostly industrial buildings, including the nearby Ponyride work space project.

Half of the new building will be occupied by Quicken's technology staff, and is to feature a large air-conditioned room for the company's computer servers. The other half of the building is being offered for lease.

The project marks the second all-new development in Detroit, after the downtown Z Garage for Dan Gilbert'sBedrock Real Estate Services.

The Quicken Loans founder is better known for buying and rehabbing old buildings in and around downtown Detroit. His companies now own or control more than 50 properties in the city.

The architect of the Quicken Loans Technology Center is Integrated Design Solutions of Troy. Quicken Loans did not disclose the cost of the construction project and said it has yet to determine whether new employees will be hired to fill the building.

Contact JC Reindl: 313-222-6631 or jcreindl@freepress.com. Follow him on Twitter @JCReindl.

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(c)2014 the Detroit Free Press

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Source: Detroit Free Press (MI)


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