Posted May 17, 2019, 7:23 PM
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Registered User
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Join Date: Nov 2010
Posts: 2,993
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Houston, we've got some delays.
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Six months after a splashy groundbreaking on the 3.66-acre new development east of the One Campus Martius building where Gilbert's Quicken Loans Inc. is headquartered, there were zero workers on the Monroe site, and multiple sources have said contractors and their subcontractors have been told to halt work and/or remove equipment for three to six months.
Bill Emerson, CEO of Gilbert's real estate development, ownership, management and leasing company, Detroit-based Bedrock LLC, said in a statement to Crain's that it was navigating complex terrain with multiple high-profile building projects.
"Bedrock is finalizing engineering and the sequencing of construction for the Monroe site as we have become increasingly sensitive to the significant traffic and business interruption that occurs with multiple large scale projects in a concentrated urban district," Emerson said Thursday.
"The unprecedented simultaneous ground-up development of several major projects totaling billions of dollars of investment is an intricate, complicated undertaking requiring the orchestration of multiple parties and precise scheduling. Bedrock continues to navigate and progress through this complex venture."
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https://www.crainsdetroit.com/real-e...blocks-project
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