Dan Gilbert
Dan Gilbert has his sites on the city-owned parking garage underneath the former Hudson’s department store site on Woodward Avenue in downtown Detroit, Crain's Detroit Business reports.
Robert Snell of Crain's reports that Gilbert is in negotiations for the property. Snell writes that it is "arguably the most desirable property in downtown Detroit."
Crain's reports:
The status of negotiations is unclear but Gilbert is willing to pay approximately $15 million for the 900-space Premier Underground Garage beneath the old Hudson’s site, according to a source with knowledge of the negotiations who requested anonymity. A deal would let Gilbert, founder and chairman of Detroit-based Quicken Loans Inc. and Rock Ventures LLC, pair the garage with the 2-acre Hudson’s site, which he has the rights to develop.
