As a native Detroiter I love seeing good news about the Motor City. Detroit has taken its fair share of knocks lately, but Dan Gilbert’s decision to move Quicken Loans downtown has infused some hope into those who love the city. Quicken Loans’ story was featured in today’s Detroit News, framing a positive outlook for the company and its new hometown.
Fulfilling his promise to move Quicken Loans and associated businesses downtown, Gilbert is pushing against much of mainstream thought that Detroit is too far gone to be welcoming environment for any corporation. And for those that know Gilbert, he is all about keeping his word.
"We do believe we can affect the outcome, lead with others and have credibility once we get there," Gilbert said in an interview. "We made a commitment. That's how we got to where we are — we stand by our commitments. We've got to start thinking big again in Detroit."
Quicken Loans is not the only company to be moving downtown. Gilbert’s other businesses, along with Blue Cross Blue Shield and New Jersey based GalaxE. Solutions, are also putting their faith in the city. These moves, along with rumors of plans for a new stadium for the Detroit Red Wings, have Detroiters buzzing.
"If we could get 4,000 or 5,000 additional people coming into the city, that would be very helpful because that shows confidence in the leadership and in the business community," Mayor Dave Bing said in an interview. "You start to build momentum.”
And momentum is what Gilbert hopes can boost Quicken Loans’ success and push the City of Detroit out of economic obscurity. With auto industry back on its feet and entrepreneurs looking to take advantage of what the city has to offer, the Motor City’s future may not be so bleak after all.