
The future of Detroit's iconic 600 Renaissance Center tower is currently being decided as it stands on the auction block. As reported by CBS News Detroit, the bidding had reached $6.25 million this morning. Initially built in 1980 and recently renovated in 2024, the building is zoned for various uses, including office and residential, hotel, and retail spaces, despite its current low occupancy rate of 11%.
With the ongoing auction that started on Monday, the future of the 21-story faceted polygonal structure has been drawing widespread attention. "An incredible level of interest in the 600 RenCen property" has been noted, with demand "overwhelming" from a diverse spectrum of potential buyers, according to Steven Silverman, senior vice president of Friedman Real Estate, revealed in a report by GM Authority. Previously serving as General Motors' headquarters, the company has announced a relocation plan, effectively leaving the tower mostly vacant but with some serious potential.
Addressing the current state and history of the 600 Renaissance Center tower, Detroit City Councilmember Mary Waters stressed the need for change. "Something needs to be changed; it actually does," Waters told CBS News Detroit, casting a critical look at the building's legacy of exclusion and the limited growth it afforded to Black businesses.
Not part of the five towers owned by GM, the 600 Tower, along with the 500 Tower sold previously to Kawa Private Investments LLC, was bought by a partnership between F&F Capital Group and Friedman Real Estate, reported by GM Authority. Silverman conveyed enthusiasm about the diverse possibilities for the tower after the auction, ranging from "office, mixed-use development, apartments, condos, and hotel concepts." Meanwhile, as the tower's future hangs in the balance, General Motors is expanding its lease plans in its new Hudson's Detroit building. However, it will likely continue operating from the Renaissance Center through 2025, with the move to the new headquarters projected in 2026.