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At the end of 2016, Adient, a large automotive component manufacturer, heralded the relocation of its headquarters to Detroit, which was seen as a big plus for the fast developing inner city.
At the end of 2016, Adient, a large automotive component manufacturer, heralded the relocation of its headquarters to Detroit, which was seen as a big plus for the fast developing inner city. About a year ago, work began on the historical marquette building that Adient bought.
However, now we know that the seat provider, who incurred a huge shortfall in the second trimester, has reconsidered the cost of refurbishing the Marquette building opposite the Cobo Center. She said on Monday she'd be staying in Plymouth and selling the Marquette Building to someone else.
However, with Ford officially initiating its historical refurbishment of the Michigan Central Station on Tuesday and tens of other large and small works in the works, the response to Adient's announcements was hardly beyond ho-hum recorded. Automotive subcontractor Adient cancelled its move to Detroit city centre. Kimberly-Clark's restoration project was announced by then Mayor Kwame Kilpatrick and his dealer staff as an important signal of Detroit's return.
This came long before Dan Gilbert, a business man, brought his Quicken Loans to the city in 2010. When this first Book Cadillac deals was made, it was considered a hammer of Epic dimensions. Luckily, Cleveland-based designer John Ferchill joined and re-opened the resort in 2008 as Westin Book Cadillac.
The darkness in 2004, however, when the first deals broke down, was all too realistic. Well, not today, when the Adient deals broke up. Too much happens in the city centre to cry too loud when a deals, even a big one, fails. Now it would be great if Adient moved its headquarters and hundred of well-paid employees to the centre of the city.
The loss of Adient is no small thing. However, it is also not the sound of thunder of frustration that the first Book Cadillac deals collapsed in 2004. Midtown Detroit, Inc., a non-profit organization. However, take a stroll or ride from the city centre along Cass or Second or John R to the New Center and Nord and you'll see tens of refurbishment samples - crabs against the sky, scaffolds around renovated building, hard-working workmen and massive machinery in several locations.
One interesting issue is what a new landlord would do with the property. Housing and offices in the city centre are currently in great demand. 2.