Zagster and Rock Ventures Bring Pedal Power to Downtown Detroit

First Bike Sharing Program in Detroit Focuses on Revitalization, Sustainability, Convenience and Cost-Effective Transportation

Zagster, one of the nation’s first bike sharing companies, announced it has partnered with Rock Ventures/Quicken Loans to launch Detroit’s first bike sharing program. Beginning today, Rock Ventures’ 9,200 team members in downtown Detroit can reserve and ride comfortable, city-friendly cruiser bikes, allowing them a healthy, convenient, sustainable and fun way to run errands, grab lunch, get to meetings or just exercise.

“With the success of public bike sharing programs around the world, more and more employers, real estate developers and universities are looking to offer a more customized, convenient and flexible program for tenants and employees,” said Timothy Ericson, co-founder and CEO of Zagster. “Rock Ventures and Quicken Loans have really stepped up to show the world that the Motor City is ready for a new set of wheels.”

Based in Cambridge, Massachusetts, Zagster has successfully launched bike sharing programs in large cities including Chicago, Boston and New York and is now doing so in Detroit’s burgeoning urban core.

Initially, 48 Breezer bikes will be available on-demand to Rock Ventures’ team members, and will be parked outside eight properties in and around Detroit’s central business district: Compuware, M@dison, One Woodward, 1528 Woodward Avenue, Chase Tower, Financial District Garage, 1001 Woodward Garage and Two Detroit Garage. Additional locations may be launched in future months.

After registering on Zagster’s website, riders simply text ‘start’ plus the bike number (e.g. ‘start 46′) to Zagster. A confirmation message with the access code for the lock box is texted back. This action reserves the bike for the remainder of the day or until the bike is returned. Riders text “end” to the same number, which releases the bike for the next rider. Bike reservations last up to 24 hours.

The Breezer Uptown bikes used by Zagster have won numerous awards for their lightweight yet durable frames. They are outfitted with spacious baskets ideal for transporting laptops and computer gear, take-out food or groceries. Riders can park their bikes anywhere they want using the included lock, allowing the ultimate in convenience. When done with their bike, riders simply return the bike back to the Zagster bike rack.

“The launch of Zagster in Detroit is another way we are activating our streets and helping our team members explore Detroit — on two wheels versus four,” said Jay Farner, Quicken Loans’ President and Chief Marketing Officer, adding that the company is sponsoring Zagster memberships for its team members. “Bike sharing fits in with our placemaking initiatives; we hope other downtown companies will follow our lead and consider bringing this perk to their team members.”

About Zagster
Founded in Philadelphia in 2007 as CityRyde and now headquartered in Cambridge, Mass., Zagster is one of the nation’s first bike sharing companies. Zagster is uniquely focused on contracting with property managers, hotels, businesses, and universities across North America to make bike sharing programs available to tenants, employees, guests and students. This highly efficient and unique model allows Zagster to offer services in areas that traditional city-wide bike sharing systems can’t reach. More information about Zagster is available online at www.Zagster.com.

About Rock Ventures
Detroit-based Rock Ventures LLC is an umbrella entity managing a diverse portfolio of companies, investments and real estate. Rock Ventures’ flagship company is Quicken Loans, the nation’s largest online home lender and third largest overall residential mortgage lender. To learn more visit www.opportunitydetroit.com.

– Newest property adds 275,000 square-feet to real estate holdings at the foot of Campus Martius Park-

 DETROIT, March 19, 2013 – Rock Ventures today grew its real estate footprint in the heart of Detroit’s emerging technology district with the acquisition of the 1001 Woodward office tower.

Located at the corner of Woodward and Michigan Avenues, across from Campus Martius Park, the 23-story 1001 Woodward features 275,000 square-feet of Class-A office space. The building was designed by Detroit-based SmithGroup, and built in 1965 for the First Federal Savings and Loan of Detroit.

1001 Woodward features first floor retail space and is home to GalaxE.Solutions, Meridian Health Plan, the University of Phoenix and the Southeast Michigan Council of Governments (SEMCOG), among others. The property is currently 68 percent occupied. Quicken Loans will lease 65,000 square feet, bringing the occupancy of the building to 87 percent.

Also included in the acquisition is an attached parking structure providing 730 spaces and 15,000 square feet of prime first floor retail space facing Woodward Avenue.

“Detroit has become a key destination for brain economy companies,” said Dan Gilbert, Founder and Chairman of Rock Ventures and Quicken Loans. “The acquisition of the 1001 Woodward building allows us to continue to offer premium office space at affordable rates for those looking to join us in the technology district that is gaining more and more momentum each and every day.”

The building acquisition was brokered by Bedrock Real Estate Services LLC, Rock Ventures’ full-service real estate firm and developer for the project. Bedrock will also oversee renovations, managing the property and leasing the space.

With this acquisition, Rock Ventures’ real estate portfolio now totals 2.9 million square feet of commercial and residential space in Detroit’s growing urban core. The group also owns several parking garages and a surface lot totaling 4,250 parking spaces. In addition, the company is currently developing a 33,000 square-foot specialty retail development and a 10-story parking garage.

 

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 About Rock Ventures LLC

Rock Ventures LLC is an umbrella entity managing a diverse portfolio of companies, investments and real estate. Rock Ventures’ flagship company is Quicken Loans, the nation’s largest online home lender and third largest overall residential mortgage lender.

About Bedrock Real Estate Services LLC

Detroit-based Bedrock Real Estate Services LLC is a full service real estate firm specializing in purchasing, leasing, financing, developing and managing of commercial space. For more information, visit bedrockmgt.com.

– The group’s Detroit real estate portfolio grows to 15 buildings in the
emerging technology corridor –

DetroitShoppe-20130617-002

DETROIT, December 18, 2012 – Rock Ventures today announced the purchase of five additional properties, wrapping up a year in which it acquired eight buildings totaling 630,000 square feet of commercial space.

The newest acquisitions bring Rock Ventures’ downtown Detroit real estate investments to 15 buildings totaling 2.6 million square feet of commercial space, and three parking structures for a combined 3,500 parking spaces.

In addition, Rock Ventures broke ground on a 33,000 square-foot specialty retail development and 10-story parking garage last month, renovated 633,000 square feet of commercial space, and located 45 companies to the city, including Twitter, Chrysler, Metro-West Appraisal, and numerous technology related start-ups. Rock Ventures’ family of companies, including Quicken Loans and Title Source, has brought 7,000-plus people to work in downtown Detroit since August 2010.

“It has been an exciting year of opportunity in Detroit,” said Dan Gilbert, Founder and Chairman of Rock Ventures and Quicken Loans. “Our focus in 2013 will be on the three R’s – residential, rail and retail – all of which are vital in creating the vibrant, thriving urban core that we all envision.”

Rock Ventures’ newest building acquisitions include:

  • 1201 Woodward – Kresge Building: The 54,000 square-foot property built in 1891 was home to the former Kresge store. The nine-story building, located on the northwest corner of Woodward Avenue and State Street, will be renovated to accommodate first floor retail and either office or residential space above. A portion of the first floor currently houses The Detroit Shoppe and Detroit Artist Market pop-up stores.
  • 1217 Woodward: This five-story 30,000 square-foot building is located on the west side of Woodward Avenue, immediately north of the Kresge Building. Built in 1891, the building will be renovated and used for first floor retail and either office or residential space above. A portion of the first floor currently houses Santa’s Wonderland, a seasonal store specifically for children with proceeds benefitting Detroit Goodfellows, ensuring there is “No Kiddie without a Christmas.”
  • 1412 Woodward: Located on the east side of Woodward Avenue between Grand River Avenue and John R Street, this three-story building was built in 1916. The 6,000 square-foot building is currently unoccupied, but will feature first floor retail with office space above.
  • 1301 Broadway – Cary Building Lofts: The 20,000 square-foot building, built in 1906, is located on the west corner of Gratiot Avenue and Broadway Street. The five-story structure will undergo extensive renovations to accommodate first floor retail space with residential space above.
  • 1521 Broadway – Small Plates Building: The 9,300 square-foot building is 100 percent occupied by Small Plates restaurant on the first floor with four residential loft apartments above. The five-story building is located on the west side of Broadway Street between John R and Witherell Street.

The building purchases were brokered by Bedrock Real Estate Services, Rock Ventures’ full-service real estate firm. Bedrock leases, develops and manages all of Rock Ventures’ buildings, and has helped locate more than 65 companies to downtown Detroit since August 2010.

“The need for retail and updated office and residential space in downtown Detroit is keeping Bedrock extremely busy,” said Jim Ketai, Managing Partner at Bedrock, adding that the firm has grown by nearly 60 percent in the past year to keep up with the demand.”

For more information about Bedrock Real Estate Services, please visit www.bedrockmgt.com.

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About Rock Ventures LLC
Rock Ventures LLC is an umbrella entity formed to provide operational coordination, guidance, and integration of Dan Gilbert’s portfolio of companies, investments and real estate. Rock Ventures’ flagship company is Quicken Loans, the nation’s largest online home lender and fourth largest retail lender.

About Bedrock Real Estate Services LLC
Bedrock Real Estate Services LLC is a full service real estate firm specializing in purchasing, leasing, financing, developing and managing of commercial space. The company, a partnership between Quicken Loans Founder and Chairman Dan Gilbert and veteran real estate developer Jim Ketai, is based in downtown Detroit. For more information, visit bedrockmgt.com.

– Purchase brings total real estate holdings in downtown Detroit to nearly 2.5 million commercial square feet –

DETROIT, December 3, 2012 —  Rock Ventures, the umbrella entity providing operational coordination of Dan Gilbert’s portfolio of companies and investments, today announced it has added another 333,000 square feet of class-A downtown Detroit office space to its growing real estate portfolio.

The company completed the purchase of the 26-story One Woodward building, located on the corner of Jefferson and Woodward Avenue. Rock Ventures plans to renovate the building in order to accommodate the growing demand for space in the city’s emerging technology district.

Built in 1962, One Woodward was designed by famed architect Minoru Yamasaki, and is considered an early design that ultimately led Yamaski to create the former World Trade Center towers in New York City.

“The One Woodward building is located in the heart of Detroit’s technology core, and provides us more space to further accommodate our growing family of companies and the increasing number of businesses that want to leverage the opportunities made in Detroit,” said Dan Gilbert, Founder and Chairman of Rock Ventures and Quicken Loans.

“We continue to bet big on Detroit, and this purchase reinforces our commitment to the exciting entrepreneurial action on Woodward Avenue,” Gilbert added.

The building is approximately 60 percent occupied, and will exceed 90 percent occupancy next month when Quicken Loans and its affiliates lease a total of eight floors in the building.  Some current tenants include the Detroit Regional Chamber and law firms Fraser Trebilcock Davis & Dunlap, and Kitch Drutchas Wagner Valitutti & Sherbrook.

Purchase of the One Woodward building was co-brokered by Friedman Integrated Real Estate Solutions and Bedrock Real Estate Services LLC, Rock Ventures’ full-service real estate firm and developer for the project. Bedrock will also be responsible for overseeing the renovations, managing the property and leasing the space.

Since January 2011, Rock Ventures has purchased 10 buildings totaling nearly 2.5 million square feet of office space, in addition to two parking garages with a total of 3,500 parking spaces.  Last month, the company broke ground on a 33,000 square-foot specialty retail development with 10-story parking garage in downtown Detroit.

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About Rock Ventures LLC:
Rock Ventures LLC is an umbrella entity formed to provide operational coordination, guidance, and integration of Dan Gilbert’s portfolio of companies, investments and real estate. Rock Ventures’ flagship company is Quicken Loans, the nation’s largest online home lender and fourth largest retail lender.

About Bedrock Real Estate Services LLC:
Bedrock Real Estate Services LLC is a full-service real estate firm specializing in purchasing, leasing, financing, developing and managing of commercial space. The company, a partnership between Quicken Loans Founder and Chairman Dan Gilbert and veteran real estate developer Jim Ketai, is based in downtown Detroit. For more information, visit bedrockmgt.com.

DETROIT, November 1, 2012 — Rock Ventures LLC announced today it will build 33,000 square feet of ground floor retail space and a 1,300 space parking garage in downtown Detroit’s Central Business District.

Construction on the 535,000 square-foot Z-shaped retail and parking development will begin in November 2012, and is expected to be completed by December 2013. The structure will zigzag from the corner of Broadway and East Grand River to the corner of Library and Gratiot, occupying what is currently a surface parking lot. The parking/retail development will be a distinctive structure utilizing color, glass, and original artwork.

Rock Ventures is developing the property to help alleviate the area’s parking shortage in and around downtown Detroit’s Central Business District, and just as important, bring more unique retail and dining options to the area’s fast growing tech and creative corridor and employee base, said Dan Gilbert, Founder and Chairman of Rock Ventures and Quicken Loans.

“Downtown Detroit’s population is growing every day, as new start-ups launch and other companies move downtown. In two years alone, the number of people who work in the Central Business District has increased by more than 10,000 people. These folks need parking, and more places to eat and shop. Our new development will help meet some of this demand,” said Gilbert.

Rock Ventures, the umbrella entity providing operational coordination and integration of Dan Gilbert’s portfolio of companies, investments and real estate, has moved more than 6,500 team members into the Campus Martius area, many of whom will benefit from the added parking (some are currently being shuttled to their office, decreasing foot traffic vital to urban cores). Since August 2010, more than 60 companies have moved into or launched in Rock Ventures-owned buildings.

George Jackson, President, Detroit Economic Growth Corporation, said this kind of development is exactly what the city needs to continue its revival.

“More parking, more retail stores and more restaurants….all of these conveniences and services are part of what is required to create a thriving urban core that people want to live in and visit,” Jackson said. “We are very excited about this new development.”

Bedrock Real Estate Services LLC, Rock Ventures’ full-service real estate firm and developer for the project, will be responsible for managing the property and leasing the retail space. Bedrock is working with Michigan-based Neumann/Smith Architecture and parking consultants Rich and Associates Inc. to design the structure. Colasanti Construction Services Inc./Sachse Construction, a joint venture, are the construction managers for the project.

Renderings:
Z Parking structure – day rendering: LINK
Z Parking structure – night rendering: LINK

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About Rock Ventures LLC:
Rock Ventures LLC is an umbrella entity formed to provide operational coordination, guidance, and integration of Dan Gilbert’s portfolio of companies, investments and real estate. Rock Ventures’ flagship company is Quicken Loans, the nation’s largest online home lender and fourth largest retail lender.

About Bedrock Real Estate Services LLC:
Bedrock Real Estate Services LLC is a full service real estate firm specializing in purchasing, leasing, financing, developing and managing of commercial space. The company, a partnership between Quicken Loans Founder and Chairman Dan Gilbert and veteran real estate developer Jim Ketai, is based in downtown Detroit. For more information, visit http://www.bedrockmgt.com.

** Note to Editors:
Follow the links for the Rock Ventures Detroit 2.0 Chronology, followed by a listing of the more than 60 companies that have joined Rock Ventures in the past 26 months and have moved to downtown Detroit in a number of Rock Ventures-owned buildings.

DETROIT, April 4, 2012 — There’s a new trending topic in #Detroit, as tech giant Twitter announced today it is opening an office in the city’s growing downtown technology district.  The company’s first Michigan location will be based in the M@dison Building, owned by Rock Ventures LLC, the umbrella entity formed to provide operational coordination, guidance and integration of Dan Gilbert’s portfolio of companies, investments and real estate.

Based in San Francisco, Twitter is a real-time information network that connects people to the latest stories, ideas, opinions and news.  The company’s Detroit office will house a team of employees whose primary focus will be helping marketers and advertising agencies in Detroit leverage Twitter’s Promoted Products suite of advertising products. Twitter expects to hire more employees over time as it grows its Detroit presence.

“Detroit’s emerging mix of automotive and digital cultures made it a natural location for Twitter’s newest office,” said Adam Bain, Twitter’s president of global revenue. “We’re excited to work face-to-face with the city’s most established brands and happy to play a role in downtown Detroit’s digital renaissance.”

By choosing to open a new office in downtown Detroit, Twitter adds to the rapidly growing tech district forming in the heart of the city along the “WEBward Avenue” corridor.  The social media giant joins other expanding firms including Detroit Labs, a mobile app developer; Are You a Human, an alternative to squiggly CAPTCHA verifications; and UpTo, a next generation mobile calendar that allows users to share events with their social network.

Rock Ventures’ full service property management firm, Bedrock Real Estate Services LLC, helped recruit Twitter and brokered the company’s lease. Rock Ventures and Bedrock are seeking businesses looking to be part of an innovative, tech-focused urban core where people want to live, work and play.  In the last 18 months, they have helped nearly 40 new-economy companies find a home in downtown Detroit.

“Twitter coming downtown is exactly the kind of innovative company Detroit needs to advance our vision of becoming one of the most exciting high-tech and web-centered corridors of growth and activity found anywhere,” said Gilbert, Chairman of Rock Ventures and Quicken Loans, and Majority Owner of the NBA’s Cleveland Cavaliers.

“Twitter chose Detroit because of the city’s growing, young and energetic environment.  This is further proof that the country is starting to wake up and take notice – if you want to create a thriving, growing tech business, downtown Detroit is one of the best places to be,” Gilbert added.

** Note to Editors:  Below is a listing of the companies who have moved to Detroit, and into Rock Ventures owned and leased buildings, since August 2010, which can also be found on the Quicken Loans press room HERE.

About M@dison
M@dison is an entrepreneurial tech hub located at 1555 Broadway Street in downtown Detroit. Originally designed by architect C. Howard Crane and constructed in 1917 as part of the Madison Theater complex, the historical Madison Theatre Building is now a creative center designed to encourage partnership among local entrepreneurs and their budding projects and companies. The building was purchased in January 2011 and has since been renovated and transformed into an open, colorful and collaborative space. The building is 100 percent occupied by companies such as Detroit Venture Partners, Skidmore Studio, Detroit Labs and Doodle Home, which are committed to making Woodward Avenue a technology and web centered corridor of growth and activity known as “WEBward” Avenue.

About Rock Ventures LLC
Rock Ventures LLC is an umbrella entity formed to provide operational coordination, guidance, and integration of Dan Gilbert’s portfolio of companies, investments and real estate.

About Bedrock Real Estate Services LLC
Bedrock Real Estate Services LLC is a full service property management firm specializing in purchasing, leasing, financing, developing and managing of commercial space. The company, a partnership between Quicken Loans Founder and Chairman Dan Gilbert and veteran real estate developer Jim Ketai, is based in downtown Detroit. For more information, visit http://www.bedrockmgt.com

Dan Gilbert makes announcement during unveiling of m@dison, an entrepreneurial hub of creative and tech start-ups in downtown Detroit

DETROIT, January 30, 2012 – Rock Ventures LLC, the umbrella entity providing operational coordination and integration of Dan Gilbert’s portfolio of companies, investments and real estate, today announced it will close on the purchase of downtown Detroit’s historic Federal Reserve Building, a 176,000 square-foot building that has sat vacant since 2004.

Dan Gilbert, Chairman and Founder of Quicken Loans, and majority owner of the NBA’s Cleveland Cavaliers, made the announcement to media at the m@dison building, an entrepreneurial hub of creative and technology companies committed to ”WEBward”  Avenue, a digital and web centered corridor of growth and activity.  The building, now fully occupied with the city’s brightest budding entrepreneurs, underwent a $12 million renovation, blending state-of-the-art amenities with many of the original features of the 1917 structure.

“Today we unveiled our m@dison building, showing all that is possible when passion and creativity fuse,” said Gilbert, who purchased the mostly deserted building, located steps from Grand Circus Park and the city’s sports venues, in early 2011.

“We also begin 2012 with the purchase of the Detroit’s historic Federal Reserve building. We are excited to get to work and continue the momentum we have built.”

Located at 160 W. Fort Street, the Federal Reserve building was constructed in 1927 as a Classic Revival Style complex.  In 1951, an eight story glass and marble annex was added to the building.  The Federal Reserve Bank moved to a new building in 2004, leaving the Fort Street property empty.

In one year’s time Gilbert’s Rock Ventures has acquired nine buildings, three parking structures and one parking lot in downtown Detroit’s burgeoning tech district. The properties account for nearly 2.1 million square-feet of office space and 3,500 parking spaces.

“Today’s announcement is a great start to what looks to be a very busy and exciting year,” said Matt Cullen, Chief Executive Officer of Rock Ventures. “We have a number of properties in our portfolio that we will be working to renovate and fill with job-creating businesses, while keeping a close eye on the market and making additional building purchases where it makes sense.”

In addition to the Federal Reserve and m@dison Buildings, Gilbert and Rock Ventures has utilized their real estate arm, Bedrock Real Estate Services, and purchased the following buildings:

Chase Tower: Located in the heart of Detroit’s Central Business District, the Chase Tower is just steps from Campus Martius Park.  Built in 1959, the 505,000 square-foot, 14-story building was
acquired in April.  Extensive renovations were made to the building, which became home to more than 1,500 Quicken Loans team members in October 2011.

First National Building: Snaking through an entire city block, the Albert Kahn-designed First National Building was acquired by Gilbert in August 2011.  Built in 1922, the 800,000 square-foot building is currently undergoing significant improvements.  The building’s anchor tenants include the law firm of Honigman, Miller, Schwartz and Cohn, as well as the United Way of Southeastern Michigan.

Dime Building: In August, Gilbert also purchased the Dime Building.  Built in 1912 and designed by world famous architect Daniel Burnham, the building features more than 350,000 square feet of office space on 23 stories.  The building underwent an extensive redevelopment in 2002 and is home to Ameriprise and several other companies.

The Wright-Kay Building: Located at 1500 Woodward Avenue, the Wright Kay is one of downtown Detroit’s grand old buildings, constructed in 1891.  The six-story brownstone is slated to offer street-level retail with offices or residential units on the floors above.

The Lane Bryant Building: Built in 1917, the Lane Bryant building featuresnearly 45,000 square feet of space. Once renovated, it will house retail on the ground floor and office space on the floors above. The Lane Bryant Building is located at 1520 Woodward Ave.

The Arts League of Michigan Building: Offering more than 43,000 square feet across six stories, the Arts League of Michigan building will undergo a significant renovation and offer a mix of retail and office space.

1550 Woodward: The 4,000 square-foot one-story building will accommodate a restaurant or new street level retail.

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About Rock Ventures LLC:
Rock Ventures LLC is an umbrella entity formed to provide operationalcoordination, guidance, and integration of Dan Gilbert’s portfolio of companies, investments and real estate.

About Quicken Loans Inc:
Quicken Loans Inc. is the nation’s largest online home lender and a top five retail lender. The company closed a record $30 billion in retail home loan volume across all 50 states in 2011. Quicken Loans generates loan production from five web centers located in Detroit, Ohio and Arizona. The company also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked #1 in customer satisfaction among all home mortgage lenders in the United States by J.D. Power and Associates in 2010 and 2011. “QuickenLoans.com” has been named “Best of the Web” by Forbes and Money magazines. The company ranked in the Top 10 of FORTUNE magazine’s ”100 Best Companies To Work For” in 2012 and has placed among the
Top 30 companies on FORTUNE’s list for the past nine years.  It ranked in the Top-15 of Computerworld magazine’s “100 Best Places to Work In Technology” for seven years in a row.

Quicken Loans was named #1 in the Detroit Free Press’ ‘Best Places to Work in Michigan’ List in 2010 and 2011. The company moved its headquarters and 3,700 of its more than 5,000 team members to downtown Detroit. Another 1,000 team members are expected to move to downtown Detroit in mid 2012. For more information about Quicken Loans, please visit us on the web at www.quickenloans.com, on Twitter at @QLnews, and on Facebook at www.facebook.com/QuickenLoans.

About Bedrock Real Estate Services:
Bedrock Real Estate Services LLC, is a full service property management firm, specializing in purchasing, leasing, financing, developing and managing of  commercial space. The company is a partnership between Quicken Loans Founder and Chairman Dan Gilbert and veteran real estate developer Jim Ketai. The company is based in downtown Detroit. For more information, visit www.bedrockmgt.com.

DETROIT, December 27, 2011 – The Detroit 2.0 movement took another step forward today as a group led by Quicken Loans Founder and Chairman Dan Gilbert announced that it has completed the acquisition of three additional  properties in Downtown Detroit – the historic Wright-Kay brownstone,  as well as the Lane Bryant and the Arts League of Michigan Buildings.

The Wright-Kay Building, located at 1500 Woodward Avenue, at the corner of John R., was constructed in 1891.  The six-story building is slated to offer street-level retail with offices or residential units on the floors above.

The second acquisition, the Lane Bryant Building, is located at 1520 Woodward Ave.  Built in 1917, the building features nearly 45,000 square feet of space.  Once renovated, it will house retail on the ground floor and office space on the floors above.

The last purchase, the Arts League of Michigan Building, is a six-story 43,000 square-foot structure built in 1915 and located at 1528 Woodward Avenue.  It is expected that this building will offer a mix of retail and office space.

These three real estate purchases cap a year-long drive to acquire and renovate buildings in the heart of downtown Detroit.

Since the beginning of 2011, Gilbert’s real estate arm has purchased seven properties, with another building currently under contract expected to close by the end of the year.  In addition, the group has purchased three parking structures and one parking lot.  By the end of the year, Gilbert’s holdings will account for more than 1.8 million square feet of space and nearly 2,750 parking spaces in the heart of downtown Detroit’s growing technology district.

“We are more committed than ever to creating an environment where more and more businesses and their employees will call Detroit their home. In fact, in 2012 we will put on a full-court-press to recruit many of the brightest and best businesses, as well as exciting start-up companies, to downtown,” said Gilbert, also majority owner of the Cleveland Cavaliers.

Gilbert’s current real estate investments are managed by Bedrock Real Estate Services – a joint venture formed in late 2010.

“We’ve been able to both acquire and redevelop new properties at break-neck speed this year, opening the doors for many companies to move downtown in 2011, with an increasing number in the works for 2012,” said Jim Ketai, Bedrock’s managing director.

This year, Gilbert has invested in:

M@dison Theatre Building: Built in 1917, the M@dison Theatre Building had been vacant for years before its purchase in January 2011.  Renovations were undertaken immediately on the five-story C. Howard Crane-designed building to transform the space into a hub of technology and innovation in Detroit. The redesigned M@dison Theatre Building also offers a state-of-the-art public meeting space and rooftop deck overlooking Grand Circus Park and the city’s sports venues.

Chase Tower: Located in the heart of Detroit’s Central Business District, the Chase Tower is just steps from Campus Martius Park.  Built in 1959, the 505,000 square-foot, 14-story building was acquired in April.  Extensive renovations were made to the building, which became home to more than 1,500 Quicken Loans team members in October 2011.

First National Building: Snaking through an entire city block, the Albert Kahn-designed First National Building was acquired by Gilbert in August 2011.  Built in 1922, the 800,000 square-foot building is currently undergoing significant improvements.  The building’s anchor tenants include the law firm of Honigman, Miller, Schwartz and Cohn, as well as the United Way of Southeastern Michigan.

Dime Building: In August, Gilbert also purchased the Dime Building.  Built in 1912 and designed by world famous architect Daniel Burnham, the building features more than 350,000 square feet of office space on 23 stories.  The building underwent an extensive redevelopment in 2002 and is home to Ameriprise and several other companies.

Rock Ventures also has the building at 1550 Woodward under contract to purchase.  The property, located just south of the Broderick Tower on Woodward, is 4,000 square feet and will be utilized for retail or commercial use.

Many companies have started to call Detroit home since 2010.  These include:

M@dison Theatre Building:

  • Skidmore Studio: A leading creative design firm occupying an entire floor
  • Detroit Venture Partners (DVP):  A venture capital firm specializing in funding early stage technology businesses
  • Facility Matrix Group (FMG):  The area’s pre-eminent provider of office furniture
  • Exxodus Pictures: A production company that recently completed its first feature film, Jinn
  • Detroit Labs: A leader in the development of Android, iOS and web-based applications
  • Doodle Home: An online interior design destination serving customers, designers and manufacturers of luxury home furnishings
  • Are You a Human: The answer to frustrating CAPTCHA entries, Are You a Human uses fun games to verify the authenticity of people completing online forms
  • OWN Point of Sale: A complete platform to run your business smarter and build brand loyalty
  • GumShoe: A game where players compete against friends and a community of sleuths to solve mysteries, and earn awards, social cred and the occasional real life cache along the way
  • FLUD: A news-reader application for iPad, iPhone, and Android devices that helps users save time by delivering content they’re most interested in
  • hiredMYway : A company disrupting the traditional “job board” concept that provides an exceptionally better value and experience for both job seekers and employers
  • UpTo: A new social platform focused on the future tense, allowing users to easily share calendar events
  • Marxent Labs: Creator of ShopWith.It, a new app for social shoppers that makes it easy to take your Facebook friends shopping
  • Ludlow Ventures: An angel and seed-stage capital firm investing in web and digital technologies
  • Aria Ventures: A company specializing in developing and funding startup stage ventures

 Dime Building:

  • Rehmann: A company offering accounting, tax planning and financial consulting services

 Chase Tower:

  • Quicken Loans: The nation’s largest online mortgage lender
  • In-House Realty: A real estate services company matching Quicken Loans clients with pre-screened agents in their community

First National Building:

  • Tenant announcements planned for early 2012

Compuware Building:

  • Quicken Loans: The nation’s largest online mortgage lender
  • Fathead:  The industry leader in authentic, life-like licensed sports and entertainment graphic products
  • Quizzle:  An innovative website that helps consumers get a better understanding of their credit – and have a little fun doing it
  • One Reverse Mortgage: The nation’s largest reverse-only mortgage provider

 Several more companies are expected to announce their move to downtown Detroit in the coming months and throughout 2012.

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About Rock Ventures LLC:

Rock Ventures LLC is an umbrella entity formed to provide operational coordination, guidance, and integration of Dan Gilbert’s portfolio of companies, investments and real estate.

About Quicken Loans Inc:

Quicken Loans Inc. is the nation’s largest online retail mortgage lender and among the five largest overall retail home lenders in the United States. The company closed a record $30 billion in retail home loan volume across all 50 states in 2011. Quicken Loans generates loan production from five web centers located in Detroit, Ohio and Arizona. The company also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked #1 in customer satisfaction among all home mortgage lenders in the United States by J.D. Power and Associates in 2010 and 2011. “QuickenLoans.com” has been named “Best of the Web” by Forbes and Money magazines. The company also has been named to FORTUNE magazine’s list of the country’s “100 Best Companies To Work For” eight consecutive years, ranking as high as #2, and named in the Top-15 of Computerworld magazine’s “100 Best Places to Work In Technology” for seven years in a row. Quicken Loans ranked #1 in the Detroit Free Press’ ‘Best Places to Work in Michigan’ List in 2010 and 2011. The company has moved its headquarters and 3,700 team members to downtown Detroit. For more information about Quicken Loans, please visit us on the web at www.quickenloans.com, on Twitter at @QLnews, and on Facebook at www.facebook.com/QuickenLoans.

About Bedrock Real Estate Services:

Bedrock Real Estate Services LLC, is a full service property management firm, specializing in purchasing, leasing, financing, developing and managing of commercial space. The company is a partnership between Quicken Loans Founder and Chairman Dan Gilbert and veteran real estate developer Jim Ketai. The company is based in downtown Detroit. For more information, visit www.bedrockmgt.com.

  • Eighteen local retailers to set up shop for the holiday season for the return of the Downtown Detroit Markets, running Wednesday, November 10, 2021 – Friday, December 31, 2021
  • Cadillac Lodge by Bea’s to offer family-friendly entertainment and tasty treats
  • 1001 Woodward to be transformed into 1001 Winter Wonders featuring an enchanting family trip through Downtown’s version of the North Pole
  • Visit DeckedOutDetroit.com for updated information on downtown dining, shopping and entertainment experiences

Click here to download high-resolution images

Thursday, October 14, 2021 [DETROIT] – The Rocket Community Fund and Bedrock today announced the return of the Downtown Detroit Markets as well as other winter activities through Decked Out Detroit. The Cadillac Lodge by Bea’s will return to Cadillac Square on Wednesday, November 10, 2021, and new this year are the 1001 Winter Wonders and Decked Out Shopping Days.

Local small businesses will be popping up to participate in Detroit’s robust retail scene while providing engaging, diverse experiences for local residents, visitors from Southeast Michigan and out-of-town travelers.

“Owning a small business is a powerful tool for individual and community growth, and the Rocket Community Fund is proud to support our local entrepreneurs through the Downtown Detroit Markets,” said Laura Grannemann, Vice President of the Rocket Community Fund. “These markets are about more than space – this is a platform for our small business owners to test new products, connect with new customers and convert them into long-term supporters.”

The perennial activation is supported by a $2.3 million overall investment by the Rocket Community Fund, the nonprofit arm of Rocket Companies and the organization that administers Bedrock’s philanthropic initiatives. Now in its fifth year, the Downtown Detroit Markets have supported 119 small businesses, who generated nearly $5 million in overall sales. The Downtown Detroit Markets have seen 13 small businesses return for multiple seasons, and many have used the opportunity as a launching pad toward a brick-and-mortar storefront.

Located beside the Monroe Street Drive-In, the Downtown Detroit Markets will feature 18 local businesses, the majority of which are BIPOC or female-owned and Detroit-based. Bedrock and the Rocket Community Fund are committed to supporting the entrepreneurial community and prioritized small Detroit-based businesses.

“Entrepreneurship is a key part of Detroit’s history and it’s future. Our community prides itself on celebrating our own talent and at Bedrock we are honored to work alongside innovative individuals and brands to bring Detroit families memorable experiences in their downtown,” said Nadia Sesay, Bedrock’s Chief Community Growth & Development Officer. “The holiday shopping season is right around the corner and we want to make sure Detroit shoppers have ample opportunity to buy local and have some fun Downtown this winter.”

Bea’s Detroit will be activating the Cadillac Lodge, providing shoppers and travelers respite from the cold with exciting beverages and décor.

“We could not be more thrilled to take over the Cadillac Lodge concessions this year. We’ll be bringing our unique ‘Choose Your Own Adventure’ concept from our Eastern Market location while adding some holiday twists to make every drink festive and fun,” said Beatrice Wolnerman, owner of Bea’s Detroit and Bea’s Squeeze. “We are honored to have been chosen for this opportunity and truly can’t wait for the Downtown Detroit Markets to open.”

Additional Decked Out Detroit Initiatives

Decked Out Detroit is a part of Bedrock’s ongoing effort to support Detroit small businesses and the community at large.

1001 Winter Wonders, an enchanting trip through downtown’s version of the North Pole, will set up shop at 1001 Woodward this holiday season. Visitors will enjoy an indoor, winter-themed pathway that takes you from ice paths to igloos, complete with a life-sized gingerbread house. Perfect for a family adventure, guests can wave to Santa and take a peek at his secret cabin before dropping a postcard into his magical mailbox. Opening on Saturday, November 20 and running through Sunday, January 30, the activation will be open from 4-8 pm on Fridays and noon-4 pm on Saturdays and Sundays.

New this year, Decked Out Shopping Days will bring unique holiday programming events to Downtown retailers. Running from Wednesday, November 17 through Friday, December 24, more than 25 retailers will host holiday activations including sweet deals, giveaways, live music and more.

A different downtown retailer will be featured every week, and a full calendar will be posted on DeckedOutDetroit.com beginning the week of November 8.

Text the Halls is bringing the best deals, discounts and giveaways from an assortment of Downtown businesses! These exclusive offers are only available to those who sign up for the free XO Detroit text push. To subscribe, text “DETROIT” to 313-000 to opt-in – you’ll receive reminders on Decked Out Shopping Days and alerts all year long about the best Detroit deals and discounts.

While downtown, guests are encouraged to enjoy a variety of additional dining and shopping experiences. The Monroe Street Drive-In Powered by Emagine opens the same week as the Downtown Detroit Markets- making for a perfect holiday outing.

2021 Market Vendors Include

Adobe Impressions

Adobe Impressions specializes in hand-painted and hand-poured home décor. Products include decorative trays, coasters and other home accessories. Adobe Impressions is committed to designing new quality products each month and no two items are ever the same.

Bow-Aholic Bowtique

Bow-Aholic Bowtique hand makes quality hair bows with vegan leather and glitter. Additionally, the company sells t-shirts, jewelry and various accessories. Many items are paired up in “Mommy and me” packages and custom options are also available.

Detroit Hustles Harder

Detroit Hustle Harder’s goal is to help promote the community through collaboration and quality merchandising. By partnering with local artists and small businesses, they create products that represent a true expression of Detroit. Products include shirts, jackets, hats, bags, home goods and more.

Detroit Man and Woman Collection

Detroit Man and Woman Collection creates Detroit themed apparel and goods for all occasions. The brand specializes in clothing, hats, drinkware and even outfits for little ones. Detroit Man and Woman Collection also crafts custom items allowing customers to truly express themselves.

Ferosh the Label

Ferosh Chick is a trending women’s clothing and accessory boutique that immerses customers with effortless style. Ferosh Chick is committed to curating high-quality products, sticking to affordable prices and finding distinctly unique pieces.

Good Cakes and Bakes

Good Cakes and Bakes provide quality baked goods with the most natural and fresh ingredients possible. They pledge to use organic and locally-grown produce when available. The wholesome treats include cake jars, gooey butter and pound cakes, cupcakes, breakfast breads and muffins.

K E P T Jewelry

K E P T Jewelry is a sophisticated and affordable collection of jewelry with a modern vibe. All jewelry is handmade and perfect for gifts and everyday wear. K E P T Jewelry’s line consists of pieces that are made mostly of brass with earthy semi-precious stones.

Little High Flyers

Little High Flyers curates a collection of unique children’s items sourced from small, women-owned businesses around the world. All Little High Flyers products are eco-friendly and socially conscious. They source clothes, footwear, toys, books, décor and more.

MuskOx

MuskOx provides high-quality men’s apparel for the modern-day adventurous man. All products are durable, thoughtfully designed and are made to be worn from the office to the outdoors. Products include shirts, pants, outerwear and hats. MuskOx is committed to wildlife conservation and donates a portion of proceeds to conservation groups.

New Millenium Books

New Millenium Books is a multicultural book and educational tool company with generally non- fiction titles for both children and adults. They strive to ensure all readers feel included with an inventory that allows diverse individuals from all walks of life to see themselves as the subject of a story.

Essence by Noble

Essence by Noble creates handmade soaps and personal care products that are always 100% vegan and palm oil free using only pure essential oils as scents. The line also carries shampoo bars, shaving soaps, body balms, deodorants and more. With a focus on sustainability, Essence uses biodegradable packaging whenever possible.

Nuts About Detroit

Nuts About Detroit is the only nut business that roasts locally in-house, in Michigan. Using only the finest nuts, the brand also sells unique chocolates, dried fruits, holiday tins and trays mixed with cashews, pistachios and more.

POST

POST is focused on producing and selling handmade goods while also teaching their craft through various workshops and events. They source products from over 300 independent brands; 75% of their products are Michigan made while 90% are made by women-owned businesses. From home décor, to bath & body, jewelry and apparel, everything POST is handmade with love.

Preva Body

Preva Body is a community-based beauty supply shop committed to creating all-natural, vegan and organic products. Preva specializes in handmade whipped shea butter products, guaranteed to nourish your skin with natural moisturizers and protectants. They also create handmade soaps and body butters.

The Vintage Wick

The Vintage Wick provides a luxury candle experience that combines the beauty of vintage style glassware with all-natural, vegan, hand-poured coconut wax. Their candles are made to be refilled and enjoyed for years to come. The brand sells additional one-of-a-kind, eco-friendly home décor, incense and smudge sticks.

Three Dogs 1 Cat

Three Dogs 1 Cat is an urban pet shoppe that carries an assortment of items for a variety of customers, including both fury friends and their humans. Pet products include Detroit seatbelt collars, treats and toys made in the USA, trendy apparel and more. 3Dogs1Cat people products include an array of pet-themed gifts, Detroit inspired accessories and home decor.

Whimsy & Wine

Whimsy & Wine offers handmade wood décor, charcuterie boards, DIY craft kits, ornaments, doormats and creative coffee mugs. Many of their items carry a Detroit or Michigan theme as well as sarcastic slogans- encouraging customers to laugh and have fun with their products.

Waffle Cabin

The Waffle Cabin, originally serving waffles at ski resorts, has several tasty treats to help guests warm up. The Waffle Cabin sells warmed waffles with an optional chocolate drizzle, a variety of candy, hot cocoa and coffee.

Cadillac Lodge by Bea’s

Bea’s Detroit will be the operator of the Cadillac Lodge- an open-air, family-friendly gathering space right next to the Downtown Detroit Markets. This year, the Cadillac Lodge will host unique programming events throughout the week, including trivia nights, magician appearances and more.

The Cadillac Lodge will feature a create your own holiday hot chocolate or coffee option with your choice of milk, flavor and specialty garnish. Homemade hearty soup, charcuterie nosh boxes by Thyme & Honey, cinnamon donuts and more will be served. Guests can also enjoy Bea’s classic Squeeze Lemonade or their holiday specialty lemonade- ‘Tis The Squeezson. Build your own non-alcoholic holiday hot chocolate or coffee with your choice of milk, flavor and specialty garnish.

Dates & Hours of Operation 

The Downtown Detroit Markets and the Cadillac Lodge by Bea’s will open to the public on Wednesday, November 10 and close on Friday, December 31.

Hours of Operation:

Monday & Tuesday: CLOSED
Wednesday & Thursday: 11am – 8pm
Friday & Saturday: 11am – 10pm
Sunday: 11am – 7pm

Parking

Decked Out Detroit has made parking easier than ever. All visitors who make a purchase from a participating brick-and-mortar Bedrock retailer or restaurant will receive validation for two hours of complimentary parking at Bedrock-operated parking garages.

Click here for a map of participating businesses and parking locations.

For additional information, please visit DeckedOutDetroit.com.

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About the Rocket Community Fund

The Rocket Community Fund is a partner company of Rocket Companies, which includes Rocket Mortgage – the nation’s largest mortgage lender. It also coordinates team member volunteerism for Bedrock and other affiliated companies who comprise the Rock Family of Companies. Its strategy aims to support thriving, resilient and inclusive communities through data-driven investments in housing, employment and public life.

Through its For-More-Than-Profit model, the Rocket Community Fund recognizes that business and community are inextricably linked, and it purposefully brings together all of the assets of the Rocket Mortgage and Rock Family of Companies business – team member talent, technology, policy advocacy, and philanthropic resources – to invest in comprehensive community development in Detroit and across the country.

Alongside financial investments, the Rocket Community Fund has organized team members to provide more than 815,000 volunteer hours nationwide, including 415,000 in Detroit.

For more information, visit RocketCommunityFund.org.

About Bedrock

Bedrock is a full-service real estate firm specializing in innovative city-building strategies, reaching far beyond the boundaries of bricks and mortar. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $5.6 billion to developing and restoring more than 100 properties in Detroit and Cleveland and leveraging its portfolio to help create memorable experiences for all while positioning its home cities at the vanguard of global discussions around the 21st century urban environment.

Current projects include landmark developments at the Hudson’s Site, the Book Tower restoration, City Modern and the May Company Building. Bedrock’s portfolio totals more than 18 million square feet of office, retail and residential space within new construction and adaptive reuse projects.

For more information on Bedrock, visit bedrockdetroit.com or engage with us on Facebook, Instagram, Twitter and LinkedIn.

Click here to view a complete timeline of Bedrock and the Rock Family of Companies’ engagement within the Detroit community.

  • The project at 211 Glendale comes on the heels of $100 million MacArthur Grant awarded to non-profit partner, Community Solutions, to accelerate its Built for Zero initiative to end homelessness
  • Rocket Mortgage Veteran Housing Fund hits milestone of helping 100 veterans obtain permanent housing

DETROIT, May 27, 2021 – The Rocket Community Fund and The Home Depot Foundation today announced a mutual investment to bolster permanent housing for veterans in Detroit experiencing homelessness.

Located at a facility operated by Detroit Rescue Mission Ministries in Highland Park, the 61 new apartments include kitchenettes, upgraded fixtures and renovated common areas that will meet the needs of veterans to serve as permanent, sustainable housing. Renovations are supported through equal donations from the Rocket Community Fund and The Home Depot Foundation.

“Everyone deserves the peace of mind that comes from stable housing; especially our nation’s heroes,” said Jay Farner, CEO of Rocket Mortgage and Rocket Companies (NYSE: RKT). “Veteran homelessness is a crisis in our country, but we are confident that we can solve it in Detroit by 2026 – while continuing to support Built for Zero’s ongoing efforts to end veteran homelessness across the nation.”

The Built for Zero initiative helps communities deploy data-driven methodology to reduce veteran and chronic homelessness. The national initiative allows communities to drive improvements to their local homeless response system, helping people experiencing homelessness receive access to housing and assistance.

Built for Zero is led by nonprofit Community Solutions and includes more than 80 communities working to measurably end homelessness. With support from Rocket Community Fund and community partners, Detroit has seen a 42% decrease in veteran homelessness since 2018.

“Thanks to the vision of our partners, and the new permanent housing facility at 211 Glendale, the community is one step closer to ending veteran homelessness in Detroit,” said Rosanne Haggerty, President of Community Solutions. “This conversion models one important and innovative way that communities can expand access to safe, permanent housing for its veterans.”

Currently, there are 162 veterans actively experiencing homelessness in Detroit, while 928 Detroit veterans have been housed since 2018. The organizations involved are targeting an additional 40% reduction in 2021 as they work toward achieving “functional zero,” a milestone where fewer veterans are experiencing homelessness than can be routinely housed.

The Detroit Rescue Mission Ministries operates and administers the building at 211 Glendale where the 61 transitional units are being converted into permanent housing units. All other units are funded through the Veteran Affairs Homeless Providers Grant and Per Diem Program and serve homeless veterans through the efforts of the Detroit Continuum of Care.

“We are proud to be a partner in this effort to add over 60 permanent housing units for veterans experiencing homelessness in Detroit, a situation that should never occur today,” said Dr. Chad Audi, President and CEO of nonprofit Detroit Rescue Mission Ministries. “For over 100 years, our various facilities have helped treat, feed and house those in need, and we are pleased to aid in Built for Zero’s mission and grateful to be part of the solution to the problem of veteran homelessness.”

The Home Depot Foundation works to improve the homes and lives of U.S. veterans and has partnered with Community Solutions to support at-risk veterans and those experiencing homelessness across the nation. Over the past decade, the Foundation has invested more than $375 million in veteran causes, improving more than 50,000 veteran homes and facilities. The investment into 211 Glendale is part of its $500 million commitment to veteran causes by 2025.

“The Home Depot Foundation is deeply committed to serving veterans and ensuring every one of our nation’s heroes has a safe, stable place to call home,” said Shannon Gerber, Executive Director of The Home Depot Foundation. “We’re proud to join Community Solutions and the Rocket Community Fund in supporting the renovations at 211 Glendale, which will make a meaningful difference in the lives of dozens of Detroit veterans.”

Rocket Mortgage Veteran Housing Fund

The Rocket Community Fund also announced that the Rocket Mortgage Veteran Housing Fund, in operation since August of 2020, has provided 100 veterans with grants of up to $1,000 to ease the transition into permanent housing. Each veteran and their household are eligible for two grants of up to $1,000, the “Enable” portion and the “Support” portion. The Enable portion aids veterans in their transition by alleviating the costs associated with relocation, and the Support portion provides the equivalent of one month’s rent and utilities once a lease is signed.

Rocket Mortgage first partnered with Community Solutions in 2018 to end homelessness in Detroit – and the country. It launched a nationwide campaign in 2019 to highlight Built for Zero through the stories of four U.S. military veterans who transitioned from experiencing homelessness into permanent housing.

Rocket Mortgage and Rocket Companies have invested more than $20 million into veteran-based initiatives, and its team members have provided 30,000 hours of volunteer work to veteran non-profit organizations since 2010. The Rocket Community Fund and Gilbert Family Foundation recently announced a $500 million philanthropic investment into Detroit over the next ten years to address housing stability and build economic mobility.

The 2019 Rocket Mortgage Classic, Detroit’s first-ever PGA TOUR event, raised more than $200,000 for Built for Zero through its Shot for Heroes activation. The activation has raised $1.2 million overall for veteran-focused nonprofits, including during the previous five years as part of the Quicken Loans National.

Since Built for Zero’s inception, more than 130,000 individuals experiencing homelessness have been housed across the country. Of the 83 Built for Zero communities, 12 have reached Functional Zero for veteran homelessness, and five have reached the same landmark for chronic homelessness.

Initial renovations at 211 Glendale are slated to be completed by end of summer. The Rocket Community Fund and other partners are actively evaluating opportunities for further investments and enhancements to the building to be completed in the near future.

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About Rocket Community Fund

The Rocket Community Fund is a partner company of Rocket Companies, which includes Rocket Mortgage – the nation’s largest mortgage lender. It also coordinates team member volunteerism for Bedrock and other affiliated companies who comprise the Rock Family of Companies. Its strategy aims to support thriving, resilient and inclusive communities through data-driven investments in housing, employment and public life.

Through its For-More-Than-Profit model, the Rocket Community Fund recognizes that business and community are inextricably linked, and it purposefully brings together all of the assets of the Rocket Mortgage and Rock Family of Companies business – team member talent, technology, policy advocacy, and philanthropic resources – to invest in comprehensive community development in Detroit and across the country.

Alongside financial investments, the Rocket Community Fund has organized team members to provide more than 815,000 volunteer hours nationwide, including 415,000 in Detroit.

For more information, visit RocketCommunityFund.org.

About Community Solutions

Community Solutions is a nonprofit that leads Built for Zero, a national initiative of more than 80 communities across the country working to measurably end homelessness. Communities in Built for Zero are using data to radically change how they work and the impact they can achieve — and proving that it is possible to make homelessness rare and brief. To date, 13 communities have functionally ended homelessness for a population by reaching a milestone known as functional zero.

Learn more at www.community.solutions or follow us at @cmtysolutions.

About The Home Depot Foundation

The Home Depot Foundation works to improve the homes and lives of U.S. veterans, train skilled tradespeople to fill the labor gap and support communities impacted by natural disasters. Since 2011, the Foundation has invested more than $375 million in veteran causes and improved more than 50,000 veteran homes and facilities. The Foundation has pledged to invest half of a billion dollars in veteran causes by 2025 and $50 million in training the next generation of skilled tradespeople through the Path to Pro program.

To learn more about The Home Depot Foundation visit HomeDepotFoundation.org and follow us on Twitter @HomeDepotFound and on Facebook and Instagram @HomeDepotFoundation.

About Detroit Rescue Mission Ministries

Founded in 1909 as a soup kitchen, nonprofit Detroit Rescue Mission Ministries (DRMM) has grown to become one of America’s largest providers of services to homeless, hungry and hurting individuals and families. With nearly 300 full-time staff and over 13, 000 volunteers at 19 direct service locations in five Michigan counties, its accredited and award-winning services in housing, feeding, substance use disorder withdrawal management and treatment, youth camping, skills development, job placement and essential items giveaways have helped many attain much-needed stability, sobriety and self-reliance.

For more information, please visit https://drmm.org or connect on Facebook.com/DetroitRescueMinistries and Twitter.com/DetroitRescue.