160 W. Fort Street. Constructed in 1927.
Belmar Development purchased the building in 2006 when the Reserve moved to a building on E. Warren Avenue. Belmar's project to remodel the building with 84 rental lofts and ground-floor retail received a $1.3M State brownfield tax credit.
In July 2011, Quicken Loans representatives were visiting the building, leading to speculation that Dan Gilbert would purchase the space. Gilbert announced the purchase on January 30, 2012.
In 2014, the Detroit Free Press and Detroit News moved into this building.
Sources
- Reserve Lofts to bring 84 apartments to financial district ModelD. 22 January 2008.
- Is Federal Reserve building another Dan Gilbert deal? Free Press. 15 July 2011.
- Wikipedia: Federal Reserve Bank of Chicago Detroit Branch Building
- Federal Reserve, HistoricDetroit.org