{"id":1004096023,"date":"2014-05-07T07:07:20","date_gmt":"2014-05-07T15:07:20","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004096023"},"modified":"2022-12-08T14:26:35","modified_gmt":"2022-12-08T22:26:35","slug":"microsoft-helps-boost-detroits-tech-neighborhood","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/microsoft-helps-boost-detroits-tech-neighborhood\/","title":{"rendered":"Microsoft Helps Boost Detroit&#8217;s Tech Neighborhood"},"content":{"rendered":"<p><em>By Barbra Murray, Contributing Editor<\/em><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/M@dison-Building-2.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004096043\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/microsoft-helps-boost-detroits-tech-neighborhood\/mdison-building-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/M@dison-Building-2.jpg\" data-orig-size=\"1029,683\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"M@dison Building &#8211; 2\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/M@dison-Building-2.jpg?w=1024\" class=\"alignleft size-medium wp-image-1004096043\" alt=\"M@dison Building - 2\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/M@dison-Building-2.jpg\" width=\"300\" height=\"199\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/M@dison-Building-2.jpg 1029w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/M@dison-Building-2.jpg?resize=300,199 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/M@dison-Building-2.jpg?resize=768,510 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/05\/M@dison-Building-2.jpg?resize=1024,680 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Advancing Detroit\u2019s reputation as a burgeoning technology cluster, Microsoft has committed to setting up shop at the M@dison Building, Rock Ventures L.L.C.\u2019s five-story office building that serves as the anchor of the M@dison Block, the city\u2019s high-tech entrepreneurial corridor.<\/p>\n<p>Carrying the address of 1555 Broadway St., the M@dison is a 50,000-square-foot structure that was originally developed in 1917. It was in 2011 when Rock Ventures acquired the property, then the abandoned site of the Madison Theatre, and commenced a $12 million comprehensive renovation that transformed the building into a state-of-the-art office destination maintaining many of its original architectural features.<\/p>\n<p>Bedrock Real Estate Services, a Rock Ventures entity, orchestrated the lease agreement, which was signed just last week. Microsoft will use the space at the building to house operations of Microsoft Ventures, a global initiative designed to spur entrepreneurial development of startups. The tech giant won\u2019t be lonely in the diminutive structure; the M@dison\u2019s tenant roster features more than 25 businesses, including Twitter and Detroit Venture Partners, a venture capital firm specializing in funding early-stage technology businesses. And Google has a home on the M@dison Block, too.<\/p>\n<p>Detroit\u2019s tech training institute, Grand Circus, facilitated the alliance with Microsoft Ventures.<\/p>\n<p>&#8220;It is a great indicator for our community that Microsoft sees the value in the excitement, creativity and talent that is radiating out of the M@dison Block,&#8221; Damien Rocchi, CEO of Grand Circus, said in a prepared statement. &#8220;This partnership further cements the opportunities that exist for the tech industry in downtown Detroit and will continue to advance our tech hub.\u201d<\/p>\n<p>Detroit may not be synonymous with high-tech to some, but indeed, the city is a veritable player in the industry. According to Dice, a leading national career website for technology and engineering professionals, Detroit was one of the country\u2019s top-five fastest growing cities in 2013, as measured by job postings on the website.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Advancing Detroit\u2019s reputation as a burgeoning technology cluster, Microsoft has committed to setting up shop at the M@dison Building, Rock Ventures\u2019 five-story office building that serves as the anchor of the M@dison Block, the city\u2019s high-tech entrepreneurial corridor. <\/p>\n","protected":false},"author":952,"featured_media":1004096043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1495,21808,21742,10,21787],"tags":[],"class_list":["post-1004096023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-detroit","category-featured","category-latest","category-northeast","category-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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