gm renaissance center - loopnet...sf of dining, retail, entertainment, residential, office and...
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GM RENAISSANCE CENTERDINING | RETAIL | ENTERTAINMENTOFFICE | RESIDENTIAL | LODGING
www.gmrencen.comPhoto: John F. Martin Photography
GM RENAISSANCE CENTERDINING | RETAIL | ENTERTAINMENT
OFFICE | RESIDENTIAL | LODGING
www.gmrencen.com
FOR MORE INFORMATION, VISIT OUR WEBSITE AT:
The GM Renaissance Center is the most recognized land-mark in the region. Rising 73 stories above the Detroit River, the Ren Cen anchors the Detroit skyline and riverfront.
CENTER of the BUSINESS DISTRICTComposed of three interconnected buildings (Renais-sance Center, Millender Center and River East Center), this class A mixed-use complex is in excess of 6.5 million SF of dining, retail, entertainment, residential, office and lodging space.
SOCIAL CENTERThe GM Renaissance Center is at the heart of the Detroit entertainment scene with signature restaurants, more than 150 major onsite events annually and easy access to major sporting events, concerts and theatre, casinos and festivals year-round. Connect with 5 million plus visitors annually at the Renaissance Center.
CONNECTFor the 20,000-25,000 daily visitors, the Ren Cen is truly Michigan’s premier address.
S I T E OV E R V I E W
GM RENAISSANCE CENTERDINING | RETAIL | ENTERTAINMENT
OFFICE | RESIDENTIAL | LODGING
D I N I N G | R E TA I L | E N T E RTA I N M E N T
Office workers, visitors and downtown residents can find an essential mix of speciality shops, services and dining conveniently located in the complex. With 165,000 SF of space, this is the largest retail destination in the City.
CASUAL DINING • 1,100-seat food court featuring a dozen
vendors • Starbucks, Coffee Beanery, Potbelly Sandwich
Works, Tim Hortons and many more
SIGNATURE RESTAURANTS • Joe Muer Seafood • Andiamo Detroit Riverfront • Coach Insignia (71st and 72nd floors)
RETAIL • 12,000 SF RenCen Fitness Center • CVS • Post Office • Multiple financial institutions
ENTERTAINMENT • Ren Cen 4 Theaters • GM Wintergarden hosting corporate, charity and community functions • 44,000 square foot GM Showroom with 39
new and speciality cars on exhibit
GM RENAISSANCE CENTERDINING | RETAIL | ENTERTAINMENT
OFFICE | RESIDENTIAL | LODGING
O F F I C E
This Class “A” office complex is composed of six towers totaling 3,000,000 SF of office space, with onsite 24-hour security. The office compo-nent recently reached ± 95% occupancy rate which equals ± 11,500 of the total ± 13,000 employees.
Marquee Tenant Base: • General Motors Global HQ • OnStar • Ally Financial • Deloitte • Blue Cross Blue Shield of Michigan • Consulate - General of Canada • Urban Science • Digitas • Dykema Gossett
Additionally, the 750,000 SF Coleman A. Young Municipal Center is connected to the complex via a covered pedestrian skywalk. This facility is home to an additional 4,000 employees and daily visitors.
GM RENAISSANCE CENTERDINING | RETAIL | ENTERTAINMENT
OFFICE | RESIDENTIAL | LODGING
LIVE• Millender Center Apartments - 339 units
VISIT• Detroit Marriott at the Renaissance Center - 1,298 guest rooms • Courtyard Detroit Downtown - 260 guest rooms MEET• Renaissance Center Conference Center - Executive Conference Experience - 22,000 square feet - 250 guest capacity
• GM Learning Center - Training and Development Center - 31,000 square feet
• Detroit Marriott at the Renaissance Center - 100,000 square feet of meeting space with seating for 2,200
R E S I D E N T I A L | LO D G I N G
GM RENAISSANCE CENTERDINING | RETAIL | ENTERTAINMENT
OFFICE | RESIDENTIAL | LODGING
S I T E P L A N
MILLENDER CENTER• Courtyard by Marriott Hotel: 260 guest rooms• Millender Center Apartment: 339 units• Estimated Employee Count: 200
RIVER EAST CENTER• Office: Two towers totaling 615,000 SF• Childtime Day Care• Estimated Employee Count: 3,700
GM RENAISSANCE CENTER• Office: Four towers totaling 2.3 million SF• Marriott Hotel: 1,298 guest rooms• Estimated Employee Count: 9,100
COLEMAN A. YOUNGMUNICIPAL CENTER• 750,000 SF• 2,000 employees
PARKING AND MASS TRANSIT• Parking: 11,178 spaces
• Valet: 4 stations
• Two People Mover stopsM
P
V
GM RENAISSANCE CENTERDINING | RETAIL | ENTERTAINMENT
OFFICE | RESIDENTIAL | LODGING
C E N T R A L B U S I N E S S D I S T R I C T A E R I A LDOWNTOWN DISTRICT
DETROIT, MI
© 2012 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property.You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.All Rights Reserved. Sources: CBRE Mapping Services (877) 580-4674; Nielsen, StreetPro, Google Earth. MapFiles\Work2012\264516.wor 1/11/2012
COMERICA PARK FORD FIELD
MGM GRAND CASINO& HOTEL
MOTOR CITY CASINO& HOTEL
JOE LOUIS ARENA
COBO CENTER
GREEKTOWN CASINO & HOTEL
MILLENDER CENTER• Courtyard by Marriott Hotel: 260 guest rooms• Millender Center Apartment: 339 units• Estimated Employee Count: 200
Jefferso
n Avenue
375
10
Woodw
ard Avenue
75
,12
Gra
tiot A
venu
e
GM RENAISSANCE CENTER• Office: Four towers totaling 2.3 million SF• Marriott Hotel: 1,298 guest rooms• Estimated Employee Count: 9,100
RIVER EAST CENTER• Office: Two towers totaling 615,000 SF• Childtime Day Care• Estimated Employee Count: 3,700
WESTIN BOOKCADILLAC HOTEL
FOX THEATRE
DETROIT OPERAHOUSE
CAMPUS MARTIUSPARK
RIVERFRONTAPARTMENTS
COLEMAN A. YOUNGMUNICIPAL CENTER• 750,000 SF• 2,000 employees
HART PLAZA
BORDER CROSSINGTO CANADA
GM RENAISSANCE CENTERDINING | RETAIL | ENTERTAINMENT
OFFICE | RESIDENTIAL | LODGING
M E T R O D E T R O I T M A R K E T
GREAT LAKES CROSSING
OUTLET MALL
GM RENAISSANCECENTER
FORD HQ
CHRYLSER GROUPHQ
PALACE OFAUBURN HILLS
SOMERSET COLLECTIONTWELVE OAKS
MALL
• FORD FIELD• COMERICA PARK• JOE LOUIS ARENA
TROYRETAIL & DINING
ROYAL OAKRETAIL & DINING
BIRMINGHAMRETAIL & DINING
NORTHVILLERETAIL & DINING
The Metro Detroit market is located in Southeast Michigan centered around the city of Detroit and ranks as the 12th most populated MSA in the United States, with a population of 4,296,250.
Metro Detroit has made Michigan’s economy a leader in information technology and advanced manu-facturing with over 70,000 employees in the automotive industry. Home of the “Big Three” American automakers (General Motors, Chrysler and Ford), Detroit is the world’s traditional automotive center and a key pillar of the U.S. economy.
Metro Detroit is one of twelve U.S. metropolitan areas to have professional teams from the four major North American sports. The Detroit Lions, Detroit Red Wings and Detroit Tigers are located within the Detroit Central Business District while the Detroit Pistons are located in the northern suburb of Auburn Hills.
About 15.9 million people visit Metro Detroit annually, spend-ing an estimated $4.8 billion. Metro Detroit contains a number of shopping malls, including the upscale Somerset Collection in Troy, Twelve Oaks in Novi and the Great Lakes Crossing outlet mall in Auburn Hills, with all three being major draws for tourists. Somerset Collection is among the top 10 mall properties in the United States. Other notable street-side shopping districts include the downtown areas of Birmingham, Royal Oak and Northville.
FAIRLANETOWN CENTER
VILLAGE OFROCHESTER HILLS
LAKESIDE MALL
PARTRIDGE CREEK
GM RENAISSANCE CENTERDINING | RETAIL | ENTERTAINMENT
OFFICE | RESIDENTIAL | LODGING
Nicknamed the “Motor City” Detroit is the center of the Automotive Industry, and the regions entertainment hub.
An estimated 85,000 people work in downtown Detroit, making up one-fifth of the city’s employment base. Detroit fares well as a fortune 500 headquarters with companies such as General Motors, DTE Energy; Quicken Loans, and Blue Cross Blue Shield of Michigan who recently relocated its headquarters as well as 4,000 employees to downtown Detroit.
In 2011, “Forbes Magazine called Detroit one of the best places for business as the city continues to attract top companies.” Downtown Detroit has increased its role as an enter-tainment hub in the 21st century fueled by three casino resort ho-tels, three professional sports stadiums, four performing arts theaters, a revitalized riverfront, state of the art cruise ship dock, and a new river walk have spurred economic development in downtown Detroit.
D O W N TO W N D E T R O I T M A R K E T
DEMOGRAPHIC DATA CBD Ren Cen
Daytime Population 85,000 13,000
2013+ Estimated Residential Population 6,146 509
Hotel Room Count 4,885 1,558
CBD Annual Visitors
Entertainment (Total) 15,000,000
Stadiums 4,362,900
Festivals (Total) - Freedom Festival - Boat Races - Rockin Riverfront
4,800,0003,500,000
100,00080,000
Major Conference/Expo (Total) - North American International Auto Show
1,200,000800,000
GM RENAISSANCE CENTERDINING | RETAIL | ENTERTAINMENT
OFFICE | RESIDENTIAL | LODGING
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1. Cobo Center2. Campus Martius Park3. Wayne County Jail 4. New Detroit Police Headquarters5. River Walk
6. Detroit Building7. David Stott Building8. Compuware Building9. Jefferson Building10. Blue Cross Blue Shield of Michigan Bldg11. First National Building12. Chase Tower13. GM Renaissance Center14. Dime Building
15. MGM Grand16. Greek Town17. Double Tree Hotel18. Fort Shelby19. Westin Book Cadillac Hotel20. Hilton Garden Inn21. The Leland Hotel22. MotorCity Casino
23. Broderick Tower24. Vinton Building
25. Port Authority26. Rosa Parks Transit Center27. Blue Cross Blue Shield Parking Structure
28. Detroit Free Press Building29. Cadillac Centre30. 1001 Woodward31. Paradise Valley District32. Virgil Carr Cultural Center33. Kales Building
StadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiumsStadiums
34. Ford Field35. Comerica Park
46
25
26
6
7
27
30
34
35
42 43
Educational / Civic Projects1. Cobo Center2. Campus Martius Park3. Wayne County Jail4. New Detroit Police Headquarters5. River Walk6. Grand Circus Park7. Capital Park
8. Detroit Building9. David Scott Building10. Compuware Building11. Jefferson Building12. Blue Cross Blue Shield of Michigan Bldg.13. First National Building14. Chase Tower15. GM Renaissance Center16. Dime Building
17. MGM Grand18. Greek Town19. Aloft Hotel Detroit20. Fort Shelby21. Westin Book Cadillac Hotel22. Hilton Garden Inn23. The Leland Hotel24. Motor City Casino25. Crown Plaza26. Detroit Firehouse Hotel27. Buffalo Wild Wings
28. Broaderick Tower29. Vinton Building30. Cary Building Lofts
31. Port Authority32. Rosa Parks Transit Center33. Blue Cross Blue Shield Parking Structure34. Two Detroit Center35. M-1 Rail Street Car
36. Detroit Free Press Building37. Cadillac Centre38. 1001 Woodward39. Paradise Valley District40. Virgil Carr Cultural Center41. Kales Building42. Madison Theater Building43. Small Plates Building
44. Ford Field45. Comerica Park46. New Olympia Stadium Development
Office / Retail Projects
Hotel / Entertainment Projects
Residential Projects
Transportation Projects
Mixed Use Projects
Stadiums
D O W N TO W N I N V E S T M E N T
TOTAL COMPLETED, ACTIVE, AND PLANNED INVESTMENT IN THE CBD:
$6,265,000,000
GM RENAISSANCE CENTERDINING | RETAIL | ENTERTAINMENT
OFFICE | RESIDENTIAL | LODGING
T H E B U Z Z
Auto Industry Expected to Add 33,000 Jobs in Michigan - Auto News, 2011
Best Places for Businesses - Forbes, 2011
Detroit is one of 15 major cities across the country with emerging downtowns where college educated workers between the ages of 25 and 34 have flocked, instead of heading into the suburbs, in the past
decade - Forbes, 2013
The Top 7 in U.S. Cities to Find an IT Job - Forbes, 2011
Detroit Ranks 14th on List of 100 Great Things About America - Fortune Magazine, 2011
Well-Positioned For Growth in Green and Advanced Manufacturing - Moody’s, 2011
Expansion in the Motor Vehicle Industry Will Boost the Detroit Economy Over the Next Few Years - Moodys, 2011
Michigan Leads the Nation in Announcments ofResearch and Development Facility Projects
- Site Selection Magazine
Detroit Named the Fastest Growing Marketin the US for High-Tech Jobs- Site Selection Magazine
Photo: John F. Martin Photography
Detroit ranked first in the nation in advanced automotive sector employment and number of people working in architectural and engineering occupations - Automation Alley, 2013
Michigan’s $337 billion economy has outperformed the broader U.S. economy in the recovery from the recession - U.S. Bureau of Economic Analysis, 2013
Campus Martius Park named one of the greatest public spaces in the United States - American Planning Association, 2012
FOR RETAIL INFORMATION, CONTACT:
Scott YoungFirst Vice PresidentT +1 248 936 [email protected]
Dave LongSenior AssociateT +1 248 351 [email protected]
www.gmrencen.com
© 2013 CBRE, Inc. We obtained the information from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee , warranty, or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. CBRE, CB Richard Ellis and the CBRE CB Richard Ellis logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
GM RENAISSANCE CENTERDINING | RETAIL | ENTERTAINMENTOFFICE | RESIDENTIAL | LODGING