DETROIT —
An 800-foot-tall (244-meter) centerpiece is coming to Detroit’s resurgent downtown as the city continues to build momentum about three years after exiting the largest municipal bankruptcy in U.S. history.
The 58-story building dominating the local skyline will rise on the site of the iconic J.L. Hudson department store, whose 1983 closing epitomized Detroit’s economic downfall.
“When we lost Hudson’s, it symbolized how far Detroit had fallen,” Bedrock Detroit real estate founder Dan Gilbert said Thursday during a ceremonial groundbreaking for the new building. “When it was imploded in 1998 it was a very sad day for a lot of people.”
