Dan Gilbert moved his mortgage company, Quicken Loans, to downtown Detroit in 2010 and founded his real-estate firm Bedrock a year later, when the city was just a few years from bankruptcy. Bedrock has invested or allocated a total of $5.6 billion across 100 or so properties in downtown Detroit and nearby neighborhoods, and said it has 98% occupancy of office and residential properties. Business Insider’s interactive map includes information on each of these properties, from the historic Art Deco towers to new developments. This article is part of Business Insider’s ongoing series on Better Capitalism.
Detroit’s downtown is undergoing a significant transformation, and Quicken Loans founder Dan Gilbert is behind much of it.
Gilbert moved Quicken Loans, now the largest mortgage company in America, to downtown Detroit in 2010. It was a time when the city was struggling, and was three years shy of declaring bankruptcy. Gilbert grew up right outside of Detroit and wanted to grow his portfolio of businesses while helping revive its long-quiet downtown. He began buying and developing properties through his real estate company Bedrock, formed in 2011, while it seemed the rest of the world was only concerned with the spectacle of ruins scattered throughout a once thriving city.
Today, Bedrock’s portfolio contains around 100 properties, and over the last eight years has invested and allocated a total of $5.6 billion into Detroit. Bedrock says that its office and residential spaces have 98% occupancy and others in development have wait lists. The parent company for both Quicken Loans and Bedrock, Rock Ventures, is the city’s largest employer and taxpayer.
We’ve created an interactive map that includes every Bedrock property and development site at the time of publishing, along with the Greektown Casino and Hotel, which is overseen by Gilbert’s casino gaming company Jack Entertainment. You can adjust, zoom, and hover over an icon to learn more about a property, and clicking a category hides it from the map.
To learn more about Gilbert and his team’s massive Detroit project, check out our in-depth feature that includes insight from Gilbert, Mayor Mike Duggan, and Detroiters with a variety of opinions about changes taking place.
Read Business Insider’s full feature here »
SEE ALSO: Billionaire Dan Gilbert has already bet $5.6 billion on Detroit’s future, but money can’t solve his biggest challenge
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A California Democratic Party leader called for a boycott against In-N-Out over its donations to the GOP — and it backfired almost immediately Some Democratic lawmakers in California want to boycott In-N-Out, after learning the burger chain donated $25,000 to Republicans ahead of the midterm elections. California Democratic Party Chairman Eric Bauman led the charge, tweeting, “let Trump and his cronies support these creeps,” on Thursday. In-N-Out, like many other companies nationwide, has donated to both Democrats and Republicans.
A California Democratic Party leader caught some blowback for suggesting a boycott against the In-N-Out burger chain because of a $25,000 donation it made to the Republican Party.
“Et tu In-N-Out?” California Democratic Party Chairman Eric Bauman said on Thursday. “Let Trump and his cronies support these creeps… perhaps animal style!”
Some people got right on board with Bauman’s call for an In-N-Out boycott. “No more Double-Doubles for me,” one person wrote. “From now on, only Shake Shack.”
Others were not so eager to jump on Bauman’s bandwagon. “I’m sorry you seem confused; this is America, another Twitter user wrote to Bauman. “I don’t care who donated what to who when it comes to a double double.”
In-N-Out vice president Arnie Wensinger responded to the uproar in a statement to the Sacramento Bee newspaper on Thursday:
“We have been fortunate to do business in this great state for almost 70 years. While it is unfortunate that our contributions to support both political parties in California has caused concern with some groups, we believe that bipartisan support is a fair and consistent approach that best serves the interests of our company and all of our customers.”
Political donations are not new for the popular fast-food chain. The Orange County-based company donated $30,000 to the GOP twice in the last two years. In 2017, it also donated $80,000 to a political action committee that supports moderate Democrats.
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Eminem just surprised his fans by releasing a new 13-track album called ‘Kamikaze’
Eminem released a surprise 13-track album, “Kamikaze,” Friday. This is his 10th studio album. The rapper goes after those who didn’t like his 2017 album, “Revival,” including the press. He also calls out younger rappers like Lil Yachty.
Eminem surprised his fans with the release of a new 13-track album, “Kamikaze,” early Friday morning.
The rapper dropped a link to the album on Twitter along with the note, “Tried not 2 overthink this 1 … enjoy.”
Tried not 2 overthink this 1… enjoy. 🖕#KAMIKAZE Out Now – https://t.co/ANw73KbwMt pic.twitter.com/qfQoTYBTUy
— Marshall Mathers (@Eminem) August 31, 2018
Eminem’s 1oth studio album is a direct followup to 2017’s “Revival,” which received mixed reviews.
“Kamikaze” shows Eminem going on the attack at his haters for their reactions to his last album. “Revival” included songs which showcased an introspective, vulnerable side to Em where he opened up about nearly dying of an overdose. The rapper brings up his frustrations with reactions to “Revival” on many tracks of “Kamikaze.” During an interlude, he cites a negative review from Yahoo.
Among those he mocks on the album are Kendrick Lamar’s “Humble” on the track “Greatest” and Lil Yachty on “The Ringer.” The last song on “Kamikaze” is for the upcoming Tom Hardy movie, “Venom.”
Eminem teased the track for the upcoming movie Thursday evening.
.@VenomMovie pic.twitter.com/TBPdhaf2WR
— Marshall Mathers (@Eminem) August 30, 2018
At midnight Friday, Eminem went live on Instagram to tease the new album to his fans.
You can listen to Kamikaze on iTunes here and Spotify here.
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The UN is calling on China to ‘immediately release’ one million Muslim Uighurs who may be held in detention centers The United Nations has called on China to end the detention of up to one million Uighurs in the far western Xinjiang province. The committee also called out China’s practice of racial and ethnic profiling and heavy-handed restrictions that disproportionately target the Uighur community. Xinjiang has become one of the most intrusive police states in the world, and government surveillance of the Uighur ethnic minority permeates almost every aspect of their lives.
The United Nations has called on China to end the detention of what it has cited as “tens of thousands to upwards of a million Uighurs” in the far western Xinjiang province.
The UN Committee on the Elimination of Racial Discrimination on Thursday urged China to “halt the practice of detaining individuals who have not been lawfully charged, tried, and convicted for a criminal offense in any extra-legal detention center.”
The committee also called out China’s practice of racial and ethnic profiling and heavy-handed restrictions that disproportionately target the Uighur community.
China has not denied the existence of the detention centers. It says the centers are part of a broader counter-terrorism and does not target a specific group.
US lawmakers on Wednesday also renewed calls for China to end its repression of minority groups in the Xinjiang region, which has become one of the most intrusive police states in the world.
Authorities use an expansive network of 40,000 facial-recognition cameras to monitor Uighur activity, and recently began collecting DNA samples, fingerprints, iris scans, and blood types from most Xinjiang residents.
Recent reports indicate the Chinese government’s surveillance efforts extend beyond its borders.
Beijing allegedly maintains a global registry of the Uighur Muslim citizens who live outside the country.
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The Justice Department threw its hat into a bitter fight over Harvard’s admission practices, and now the ACLU is getting involved The Department of Justice indicated that it supports a group of Asian American students who sued Harvard University over its admissions practices. The lawsuit alleges that a component of Harvard’s admissions process that takes into consideration an applicant’s ethnic background unfairly sidelines Asian students. Harvard has denied that claim. The DOJ has previously made clear its objections to affirmative-action practices on college campuses. The American Civil Liberties Union called the DOJ’s latest move an attempt to “dismantle progress in racial equity.”
The Department of Justice indicated that it supports a group of Asian American students who sued Harvard University over its admissions practices.
The lawsuit alleges that a component of Harvard’s admissions process that takes into consideration an applicant’s ethnic background unfairly sidelines Asian students. Harvard has denied the claim.
The school says its consideration of an applicant’s heritage is part of a holistic approach to application reviews, but says it does not employ racial quotas.
The DOJ has previously made clear its objections to affirmative-action practices on college campuses.
The American Civil Liberties Union rushed to Harvard’s defense on Thursday, calling the DOJ’s interjection an attempt to “dismantle progress in racial equity.”
“The Trump administration has advocated for “race-blind” policies, which Harvard and virtually all other universities have found are demonstrably insufficient to achieve meaningful diversity, given the reality of historic and continuing racial discrimination in this country,” the ACLU said in a press release sent out on Thursday.
The lawsuit, originally filed in 2014, is set to go to trial in October.
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Striking photo shows a member of Trump’s entourage blocking a news photographer’s camera lens during Indiana rally One of President Donald Trump’s staffers blocked a news photographer’s camera lens as the journalist tried to take a photo of a protester during a campaign rally in Evansville, Indiana. Protesters interrupted Trump’s speech several times on Thursday night. Trump railed against the news media, as he is known to do at the typically raucous campaign events. “And now tomorrow, you’re gonna read headlines, ‘Trump had protesters all over the place,'” Trump said during his speech, after a protester interrupted him and was escorted out. “One person, major protest. But are they going to talk about the thousands and thousands of people inside of this arena and outside of the arena where we put screens? No.”
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