Connect with us

Hi, what are you looking for?

DOGE0.070.84%SOL19.370.72%USDC1.000.01%BNB287.900.44%AVAX15.990.06%XLM0.080.37%
USDT1.000%XRP0.392.6%BCH121.000.75%DOT5.710.16%ADA0.320.37%LTC85.290.38%
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Business

Business

GM’s Big Move: New Detroit Headquarters Planned for 2025

GM's Big Move: New Detroit Headquarters Planned for 2025
GM goes big at Consumer Electronics Show to bolster EV cred GM goes big at Consumer Electronics Show to bolster EV cred
GM's Big Move: New Detroit Headquarters Planned for 2025
GM goes big at Consumer Electronics Show to bolster EV cred GM goes big at Consumer Electronics Show to bolster EV cred

Listen to the article now

GM’s Big Move: New Detroit Headquarters Planned for 2025

General Motors (GM) is making a significant move in 2025 by relocating its headquarters deeper into downtown Detroit. This move marks a departure from its riverfront location at the Renaissance Center, where it has been based for over 20 years. The new headquarters, situated a few blocks away in the sleek Hudson’s high-rise building, will provide collaborative spaces for employees, event hosting areas, and vehicle display spaces.

CEO Mary Barra emphasized the importance of Detroit as GM’s home, highlighting the company’s commitment to the city. This move positions GM as the only member of the Detroit Three automakers to have its headquarters in downtown Detroit, with Ford Motor and Stellantis headquartered nearby in Dearborn and Auburn Hills, respectively.

The Renaissance Center, with its iconic GM logo atop one of its towers, has become a notable feature of Detroit’s skyline since GM acquired the property in 1996. The move to this location contributes to a downtown renaissance in Detroit.

GM’s relocation to the Hudson’s building is part of a partnership with real estate firm Bedrock, led by Dan Gilbert, and involves an initial 15-year lease for office floors and showcase space at street level. Financial details of the lease were not disclosed.

While GM has adapted to remote work during the pandemic, Barra has indicated a commitment to returning to the office three days per week. Additionally, GM maintains a technical center in Warren, Michigan, which serves as the primary workplace for many of its employees.

This relocation represents GM’s investment in Detroit’s urban revitalization and underscores its long-term commitment to the city as it continues to evolve and grow.


Comment Template

You May Also Like

Politics

  Joe Biden had other plans for his address. Under the current conditions, at least not this year. Tragedies and hardships have left their...

Politics

ABC announced a September 10 discussion between Republican presidential nominee Donald Trump and Democratic challenger Kamala Harris. Trump requested further debates on September 4...

Business

U.S. short-seller Hindenburg Research claimed that India’s market regulator head, Madhabi Puri Buch, invested in Adani Group-used offshore funds. Buch rejected the report’s charges...

Business

Cisco According to those in the know, the American networking equipment manufacturer will lay off thousands of workers again this year as it prioritizes...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok