Advertisement

Dan Gilbert confirms he's trying to get Amazon to build its second HQ in Detroit

Dan Gilbert confirms he's trying to get Amazon to build its second HQ in Detroit
From TechCrunch - September 7, 2017

Dan Gilbert wants Amazon in Detroit. The real estate mogul confirmed to TechCrunch that he has formed internal and external teams to fully explore the possibility of Amazon locating its second HQ in Detroit. Amazon would join General Motors, Quicken Loans, Ally Financial, Comerica and others in having a headquarters in the citys bustling downtown region.

Amazon announced today that it is opening a search for a city in North America to make its second headquarters, envisioned as a full equal to the companys existing home in Seattle, where it employs over 40,000 people in 8.1 million square feet of office space. Gilbert said he believes Detroit will make an extremely strong pitch to be that city.

Detroit does have a lot going for it. The city is experiencing a renaissance of sorts and several developers are rapidly transforming the area; Gilbert is one of them. Another, Ilitch Holdings, has been making significant investments in the downtown regionincluding just this week opening a new stadium for the Detroit Red Wings and Detroit Pistons.

The startup scene in Detroit is exploding. Detroit has 50 percent more venture-backed startups than it did three years ago. This comes from a study from the Michigan Venture Capital Association (MVCA), which found there are 35 active venture-backed startups in Detroit. Sure, thats not a huge number compared to other regions, but the growth is notable.

Advertisement

Continue reading at TechCrunch »