DETROIT | Cadillac Square | FT | FLOORS

[Michigan48]

I went by the site today and I noticed a sign that said Neuman Smith/Bedrock is attempting over a Zoom meeting on the 23rd to change the zoning to allow for a 535' tower that is 95' wide with 15 loading docks as opposed to the 450' tall tower that is 60' wide and with 6 loading docks. It also said the structure would bee about 946,000 square feet. This is interesting because it means Bedrock is still thinking the tower could be as large as originally proposed. To me that either means they somehow secured an anchor tenant or they think Quicken takes up enough space to built the tower at its original scale. I don't think they would even consider anything mostly speculative at this point considering the floundering commercial office market. It will be interesting to see if anything comes up at the meeting about leasing and a timeline.