Detroit's iconic Renaissance Center could see 2 towers razed in $1.6B redevelopment plan

Two towers at Detroit’s iconic Renaissance Center would be razed and the complex converted to a mix of housing and offices under an ambitious $1.6 billion plan announced on Monday. GM will move its headquarters out of the complex next year. The towers are a symbol of Detroit, with aerial views often shown on television sports broadcasts. GM announced that it would join forces with the Bedrock real estate development firm and Wayne County to turn the partially vacant property into a roughly 27-acre entertainment complex across the Detroit River from Windsor, Ontario. Bedrock would invest at least $1 billion, with roughly $250 million more coming from GM and another $250 million in public money, possibly from the state of Michigan.