The center of gravity in downtown Detroit is shifting about a mile north as General Motors prepares to give up its view of the Detroit River to move to central downtown, in a historic change for the auto giant and the city.
One Detroit history and development expert calls it the major real estate story of the year.
GM CEO Mary Barra told a crowd of local dignitaries and reporters Monday afternoon that GM will relocate its global headquarters in 2025 from the Renaissance Center on Detroit's waterfront to billionaire Dan Gilbert's new Hudson's Detroit building on Woodward Avenue. GM will be the anchor tenant of the building and have a 15-year lease at the Hudson site.
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