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04-17-2024, 08:13 AM | #1 |
Carpe manana
Join Date: Dec 2010
Location: Eau Claire, WI
Posts: 12,410
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gm reportedly moving the Detroit HQ
Looks as if gm will be moving to another building in Detroit:
http://www.autoblog.com/2024/04/15/g...ZUJCPHLuyUijIG
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04-18-2024, 03:45 AM | #2 |
Registered User
Join Date: Oct 2015
Location: PNW
Posts: 3,600
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Re: gm reportedly moving the Detroit HQ
It's hard to imagine the economics that would drive leaving buildings you own and had invested a billion dollars in over the years.
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04-18-2024, 08:06 AM | #3 |
State of Confusion!
Join Date: Jul 2002
Location: Gulfport, MS USA
Posts: 46,958
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Re: gm reportedly moving the Detroit HQ
I have been told that many companies do it for the tax breaks and tax benefits. Big amounts from what I have been told to me.
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Bill 1970 Chevy Custom/10 LWB Fleetside 2010 Toyota Tacoma PreRunner SR5 Double Cab - DD Member of Louisiana Classic Truck Club (LCTC) Bill's Gallery Life isn't tied with a bow, but it's still a gift. Live simply. Love generously. Care deeply. Speak kindly. Leave the rest to God! |
04-18-2024, 11:40 AM | #4 |
laying low
Join Date: Mar 2001
Location: Searcy, Ark. USA
Posts: 13,358
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Re: gm reportedly moving the Detroit HQ
Cadillac relocated it's corp hq to New York a couple of years ago. You have to wonder what it costs the brand, long term, to make these moves. Cadillac to NY I see as big money moving into a more expensive neighborhood.
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Boog 69 Chevy stepside, 358/T350, 4.11 posi, 4.5/4 drop, rallys, poboy driver primer is finer 91 Chevy sportside, Tahoe, Yukon & GMC Crewcab All GM..'nuff said. I stand for the flag and kneel at the cross |
04-18-2024, 02:55 PM | #5 |
Senior Member
Join Date: Feb 2009
Location: Northern Nevada
Posts: 7,269
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Re: gm reportedly moving the Detroit HQ
Interesting. Perhaps depreciation too. On a side, gov. Buildings big money too. I know of one who builds the best buildings, world competition. Gov. Bus. So good they primarily left private behind, beginning the housing crash. The co. Leases the buildings to gov., very long term contracts. Bs if you ask me, the gov. Doesnt deserve it, ripping off the taxpayer. They should take that building up in detroit
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Tony 71 Custom Deluxe, SWB, 2WD, 402, A/C. I developed an assembly kit for restoring the (a) truck from the ground up. My build thread, and more on the assembly kit https://67-72chevytrucks.com/vboard/...d.php?t=730025 |
04-19-2024, 09:45 PM | #6 |
Who Changed This?
Join Date: Jan 2013
Location: Simi Valley, CA
Posts: 10,507
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Re: gm reportedly moving the Detroit HQ
I used to work for a company called TRW. I averaged a different office every 6 months of my 25 year employment there. I jokingly called it, "Trading Rooms Weekly".
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~Steven '70 Chevy 3/4T Longhorn CST 402/400/3.56 Custom Camper Simi Valley, CA |
04-21-2024, 10:24 AM | #7 |
Senior Member
Join Date: Oct 2007
Location: Nampa Idaho
Posts: 7,548
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Re: gm reportedly moving the Detroit HQ
I guess this is what you all are talking about ...it was 6 days ago on the news
General Motors is temporarily moving its global headquarters out of the Renaissance Center in Detroit as the company works to redevelop the space. Thought this also interesting The Renaissance Center was the brainchild of Henry Ford II, who saw the project as a way to revitalize Detroit following the 1967 uprising. The complex cost $337 million to build, according to Free Press archives, and GM paid $73 million for it in 1996
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04-21-2024, 01:20 PM | #8 |
Registered User
Join Date: Dec 2010
Location: livingston co.mi
Posts: 2,458
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Re: gm reportedly moving the Detroit HQ
The new Hudson building is going to be quite a showpiece they used much of the original foundation with some updates the company I work for did a bunch of concrete cutting there..
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