Detroit Backpages (2024)

FAQs

How much real estate does Dan Gilbert own in Detroit? ›

Gilbert's Bedrock Detroit real estate arm eventually accumulated 131 properties and 18 million square feet of space, according to filings from Rocket. Gilbert said 90% of the space he owns downtown is leased, with 34% filled by his 20,000 employees. “We took the Big Bang approach,” Gilbert said.

Since the bankruptcy, the city has repaired thousands of broken streetlights and improved slow police and emergency service response times. Yet Detroit continues to have one of the highest per capita violent crime rates in the country.

10 things to know about Detroit's largest landowner. The Detroit Land Bank Authority currently owns about 75,000 parcels of about 380,000 parcels in the city. Most of them are vacant lots.

Just 6 years ago, Detroit was in the midst of completing the largest municipal bankruptcy in US history. Fast forward to 2019 and the Motor City is experiencing a major comeback.

The only thing bigger than this is Michigan's largest unoccupied house - the 85,000-square-foot Meadow Brook Hall, built in the 1920s by Dodge auto heiress Matilda Wilson, who gave it to Oakland University as a conference center.

Billionaire Dan Gilbert has spent the last decade buying up buildings in downtown Detroit, amassing nearly 100 properties and so completely dominating the area, it's known as Gilbertville.

This month, Mayor Mike Duggan announced that the U.S. Census Bureau estimated his city had grown by nearly 2,000 residents between July 1, 2022, and July 1, 2023, and had moved up from 29th to 26th most populous city in the country over that same period. According to the bureau, Detroit's population is 633,218.

Detroit's economic recovery is expected to continue over the next several years, with encouraging employment numbers and rising wages.

But how many people actually live in Detroit and how they're counted has been a source of friction between the city and the Census Bureau. In September 2022, Detroit sued the Census Bureau over population estimates from 2021 that showed it lost 7,100 residents.

The Detroit Land Bank Authority owns vacant residential properties, including homes, side lots, and vacant land that may be developed. For more information about the DLBA's inventory and sales programs, visits website. The City of Detroit sells its surplus properties in several different ways.

How many properties does Michael Kelly own in the city of Detroit? ›

Kelly, who owns Detroit Property Exchange Company, Homes of Detroit LLC and numerous other business entities, controls or possesses more than 500 properties in Detroit, according to the lawsuit.

Metro Detroit has 108,000 millionaires. Metro Detroit remains among the top 12 U.S. metropolitan areas with high net worth population.

Detroit has made significant strides in the last decade to put it back on the map as a thriving city without using its ARPA monies to supplement operational expenditures. The drastic infrastructure transformation, with its gleaming lights, can even be viewed from space.

It is the largest U.S. city on the Canadian border and the county seat of Wayne County. Detroit had a population of 639,111 at the 2020 census, making it the 26th-most populous city in the United States.

Violent crime in Detroit dropped by 10% in 2023. Detroit had its fewest homicides in 57 years in 2023. Palmer Woods is one of the safest neighborhoods in Detroit. Delray is considered the most dangerous neighborhood in Detroit.

Dan Gilbert is Founder and Chairman of Quicken Loans Inc., the nation's second largest mortgage lender. He is also Founder and Chairman of Rock Ventures LLC, the umbrella entity for his portfolio of business and real estate investments, and majority owner of the NBA Cleveland Cavaliers.

Bloomfield Hills is the richest suburb of Detroit and is always in the top 5 wealthiest cities in Michigan. It has over 1,000 households, and 39% of homes are worth more than $1 million. People in Bloomfield Hills make a median income of $170,790 per household.