Detroit/ Real Estate & Development

Walbridge Keeps Detroit Headquarters Downtown

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Published on October 20, 2026
Walbridge Keeps Detroit Headquarters DowntownSource: Mikerussell / Wikimedia Commons

Walbridge is staying in downtown Detroit. The Detroit-based construction giant has sealed a deal to keep its headquarters in the city.

Walbridge Stays Downtown

Walbridge is staying in downtown Detroit, according to Crain's Detroit Business. The decision keeps one of Detroit's prominent homegrown employers in the city.

One Campus Martius

One Campus Martius is a 15-story, 1.3-million-square-foot office tower with an indoor waterfall. Built in 2003 as Compuware's flagship headquarters, the tower is a prominent part of downtown Detroit.

Walbridge is listed among tenants at One Kennedy Square, which opened in 2006. The company is moving its headquarters while staying downtown.

A Detroit Construction Company

Founded in Detroit in 1916, Walbridge is a privately held construction company.

Much of that growth is tied to mega-projects like a $16 billion, gigawatt-scale data center campus in Saline Township built for Oracle and OpenAI, marking the largest construction contract in the firm's 110-year history, as reported by Walls & Ceilings. The hyperscale project operates under a labor agreement covering more than 2,500 union tradespeople across 14 affiliated unions — a scale of work that helps explain why the company needed more room at home in Detroit.

Joining A Growing List Of Tower Tenants

One Campus Martius is owned by Dan Gilbert's Bedrock LLC and houses Rocket Mortgage and StockX. Bedrock acquired the property in 2014.

Other corporate activity is also reshaping downtown Detroit. Fifth Third Bank announced in March that it would relocate its Michigan regional headquarters to One Campus Martius, following its regional integration of Comerica operations across the state.

Corporate Activity Downtown

The deal lands against a backdrop of a sluggish regional office market. Metro Detroit's overall office vacancy rate was reported at 18.5%, with asking rents at $19.78 per square foot. The CBD vacancy rate was 21.3% in the third quarter of 2025.

Walbridge's decision to stay downtown stands out. The company's headquarters deal also comes amid retail activity at One Campus Martius, including the recent opening of an Einstein Bros. Bagels shop on the building's ground level. Together, the retail opening and corporate announcements highlight continued activity in downtown Detroit.

Detroit-Real Estate & Development