The Future of Office Space is Changing

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There has been big movement in office space leasing. The Bank of America building in Troy will no longer house the Bank of America! Deloitte consulting firm confirmed its plans to leave the Renaissance Center. GM’s COVID-era “work appropriately” policy has contributed to the Ren Cen’s quieter-than-usual atmosphere. With Deloitte’s departure, the Renaissance Center will be only 53.5 percent leased. Businesses continue to adapt with post-pandemic in-person work plans.

 

 

Eastland Center Mall Demolition Begins in Harper Woods

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The demolition of the former J.L. Hudson Company department store began this week. Facebook posts show the Harper Woods site in the closed Eastland Shopping Center. Large excavators have removed the outer walls and exposed three stores of the department store and mall. NorthPoint Development purchased the property in 2021. The mall closed in early 2022. Development plans include warehouses and a possibly industrial distribution center.