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Detroit 2020 State of the Market

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Detroit 2020 State of the Market

Economic Growth, Capital Markets & Major Projects Transforming the Area

THIS EVENT ENDED ON February 20th, 2020

Presented by

Select Leaders

What You'll Learn

  1. Detroit’s office market is making progress, with vacancy rates down 30 basis points from last year. As Google takes on more space and UBS opens its first Detroit office, what has the city done to help bring companies to the city?
  2. Retail in Detroit has a vacancy rate of 4.9%, which is significantly lower than the national average of 10.2%. What has helped keep vacancy rates so low in Detroit?
  3. Detroit is seeing a wave of people move into the city from the suburbs. What neighborhoods are seeing a boom of investment and development?
  4. As many begin to speculate that a downturn will hit in the next few years, will Detroit’s comeback be able to power through such an event? 
  5. Some major developments are set to change Detroit in thecoming year, such as the Hudson Site, Michigan Central Train Depot, and Monroe Blocks. What impact will these developments have on the city? 

Speakers

The State Of CRE In Detroit

Back From The 'Burbs

What's Driving Businesses and People Back Into The City?

  • More Speakers to be Announced

PHOTOS

Agenda

Time Activity
8:00 AM - 9:00 AM
Coffee, Breakfast, & Networking!
9:00 AM - 9:45 AM
The State Of CRE In Detroit
9:45 AM - 10:30 AM
Back From The 'Burbs
What's Driving Businesses and People Back Into The City?
10:30 AM - 11:00 AM
More Networking!
Coffee, Breakfast, & Networking!
8:00 AM - 9:00 AM
The State Of CRE In Detroit
9:00 AM - 9:45 AM
Back From The 'Burbs
9:45 AM - 10:30 AM
What's Driving Businesses and People Back Into The City?
More Networking!
10:30 AM - 11:00 AM

Venue/Parking

Gem & Century Theaters, Detroit
333 Madison St.
Detroit, MI 48226

Floor: Lobby Level

Parking Information:
Offsite parking available:
-There are Prime Flat lots directly across the street from the venue on Madison.
- “Z” & Opera House Garage
- Madison Avenue has Zone (metered) parking on both sides.

Get Directions

Why This Matters

There’s no doubt good times are ahead for the city of Detroit and the CRE industry is in a great spot to benefit from that. Companies are expanding their presence in Detroit while others are opening their doors for the first time. With an influx of jobs, young talent is searching for places to live and neighborhoods are seeing a surge of development.

With so much in the pipeline for Detroit, labor constrains have become an issue as well as rising constructions costs. Is new construction technology the answer to these issues? Will demand be able to keep up with so much supply coming online? Find out about this and more at Bisnow’s annual State of the Market event!

Please send event questions and topic/speaker recommendations to Noah Ackerman at noah.ackerman@bisnow.com