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Originally Posted by Larry Delor
...OH! I visited relatives in Detroit last year... found out that GM bought the RenCen...apparently because Chrysler bought some big ole building across the river and they wanted to keep up...
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What building would that be? Across the river is Canada. Chrysler Canada has a large assembly facility, but no office building.
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...What was GM thinking when they bought the RenCen?? Where they out of their minds?? They don't have the money now to buy that kind of thing, and I bet they really didn't have it back then either. Besides, who is gonna buy it anyway?
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They really wanted to move out of the old headquarters building in the New Center area. That building design was old, not designed for air-conditioning, and had been placed on the Historical Register, meaning that they could not make any substantial changes or additions. The RenCen was available, and it made economic sense to them.
Oh, and they sold their old building to the State of Michigan, so they probably made out like a bandit...
