Tagged: quicken loans

DETROIT (AP) - Quicken Loans founder and chairman Dan Gilbert says his venture capital firm is buying downtown Detroit's historic Federal Reserve Building.

Gilbert said Monday that he hasn't landed a tenant for the 176,000 square-foot building but believes it's ideal for one occupant. The original building was constructed in 1927 and an eight-story annex was added in 1951.

The purchase price wasn't disclosed for the building, which has been vacant since 2004.

In the past year, Gilbert's Rock Ventures LLC has bought nine buildings, three parking structures and one lot with an aim to create an entrepreneurially focused, technology district.

The Cleveland Cavaliers owner made the announcement from the M@dison Building, a five-story structure Rock Ventures bought and spent $12 million renovating. Other holdings include the Chase Tower and First National Building.

John Gallagher of the Detroit Free Press reports the head of Quicken Loans, Dan Gilbert,  is hoping to hire "500 college interns this summer in downtown Detroit."

Gilbert said he wants to move the city from having a "brain drain" to a "brain gain" - from the Freep:

Gilbert told the annual meeting of the Detroit Metro Convention & Visitors Bureau that hiring 250 interns last summer proved so successful that Quicken plans to double the program this year. He urged the hundreds of attendees at the Fillmore Theatre in Detroit to spread the word to college-age young people.

“We want them all,” he said.

Gilbert also told the group that the company is planning to hire 300 "new technology" employees.

Anyone interested in applying can visit Quicken's employment website to find out more.

DETROIT (AP) - Online retail mortgage lender Quicken Loans Inc. says it plans to hire 500 new workers, mostly based in Detroit.

The Detroit Free Press and The Detroit News report the company plans to kick off the hiring effort with a job fair Saturday at its downtown Detroit headquarters. The company wants to hire immediately for several areas including mortgage banking, marketing and technology.

The event runs form 10 a.m. until 1 p.m. Job listings are posted online.