See our Best of Detroit 2020 winners.

Monday, December 4, 2017

Billionaire Dan Gilbert buys Buhl Building in downtown Detroit

Posted By on Mon, Dec 4, 2017 at 3:39 PM

click to enlarge PHOTO VIA FLICKR, ELLENM1
  • Photo via Flickr, ellenm1
While reportedly waiting for the Michigan Economic Development Corporation to fork over $618 million in taxpayer money that will pay for 30 percent of four upcoming projects, Michigan's wealthiest resident completed the purchase of the Buhl Building in downtown Detroit.
Dan Gilbert purchased the building through his property management company Bedrock, WXYZ reports. The Wirt C. Rowland-designed building was constructed in 1925. Gilbert will reportedly put in work on the 27-story building to bring it up to "Bedrock standards," Crain's Detroit reports.

Gilbert, who is reportedly worth around $5.8 billion, owns more than 90 properties in downtown Detroit, including the Free Press Building, Book Tower, and the David Stott Building.


Tags: , , , ,

We welcome readers to submit letters regarding articles and content in Detroit Metro Times. Letters should be a minimum of 150 words, refer to content that has appeared on Detroit Metro Times, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at letters@metrotimes.com.

Detroit Metro Times works for you, and your support is essential.

Our small but mighty local team works tirelessly to bring you high-quality, uncensored news and cultural coverage of Detroit and beyond.

Unlike many newspapers, ours is free – and we'd like to keep it that way, because we believe, now more than ever, everyone deserves access to accurate, independent coverage of their community.

Whether it's a one-time acknowledgement of this article or an ongoing pledge, your support helps keep Detroit's true free press free.

Related Locations

Read the Digital Print Issue

November 25, 2020

View more issues

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Best Things to Do In Detroit

© 2020 Detroit Metro Times - Contact Us

Website powered by Foundation