BusinessCareer Development

Billionaire’s Vision Transforms Downtown Detroit with Historic Skyscraper Project

A new 681-foot skyscraper now stands where Detroit’s historic Hudson’s department store once operated. The project represents billionaire Dan Gilbert’s most celebrated development yet in his 18-year effort to revitalize downtown Detroit through extensive property acquisitions and strategic investments.

Historic Site Gets New Landmark

The recently completed Hudson’s skyscraper now occupies the site of what was once America’s second-largest department store, according to reports. The original Hudson’s building, which closed in 1983 and was demolished in 1998, had stood as a symbol of Detroit’s economic decline. The new 681-foot structure, finished on October 9th, represents a dramatic transformation for Downtown Detroit, containing offices, apartments, a hotel and conference center rather than retail space.