[CrazyCres]

The Ross Effect

The article is mainly about Stephen Ross but it has a little update concerning the Detroit Innovation Center.

As the pair move to ground-up development, the first phase of the U-M/Detroit Center for Innovation (DCI) will feature a 190,000-square-foot glass-fronted research and graduate education building designed by renowned architectural firm Kohn Pedersen Fox. The space will be designated for U-M students in automotive mobility, artificial intelligence, sustainability, cybersecurity, fintech, and other technology-related fields. Groundbreaking is expected to take place this year and the project should be completed by 2023.

The educational campus at I-375 and Gratiot will be complemented by mid-rise residential buildings for U-M graduate students, a business incubator and accelerator space, and a hotel in the former Detroit Police Headquarters just west of the site.

“Detroit’s a great city and has always been one of the leading cities in this country,” Ross says. “It’s gotten to a place where it’s really in a position to grow, and it needs that next step to create more jobs. What the DCI project will do is attract people to Detroit — students who will go to school there — and, just as importantly, it will attract businesses to recruit that talent. The school, capitalizing on the University of Michigan’s outstanding reputation in business, engineering, computer science, and so many other areas, will cultivate talent and train students for the jobs of the future.”

Scott DeRue, the Edward J. Frey Dean at the U-M Ross School of Business, says the university’s commitment to the DCI and to the city of Detroit is unwavering.

Link: https://www.dbusiness.com/business-f...ross-effect-2/