DETROIT (Reuters) - Dan Gilbert has a vision for downtown Detroit that many would find hard to square with the long, painful decline commonly associated with this city: a vibrant urban core full of creative, innovative and talented young people.
Yet Quicken Loans, the mortgage lender Gilbert co-founded in 1985, has invested $1 billion (646.4 million pounds) over three years, bought some 2.6 million square feet of commercial space in the downtown area and moved 7,000 employees there in a bid to make that vision a reality.