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Quicken Loans has agreed to pay $32.5 million to settle a lawsuit that accused the company of fraudulently sticking the government with bad mortgages.

Crain's Detroit Business says the agreement, with no admission of wrongdoing, was disclosed Friday by Gerald Rosen, a former judge who served as mediator.

AP News / Associated Press

UPDATED at 9:25 pm on 5/25/19

Detroit billionaire Dan Gilbert is recovering after suffering symptoms of a stroke.

Officials with Detroit-based Quicken Loans said in a statement that Gilbert "received immediate medical attention and is currently recovering comfortably" after going to a hospital early Sunday with "stroke-like symptoms."

Person blowing vape cloud
Unsplash

Today on Stateside, Michigan’s Interim State School Superintendent explains why she’s opposed to an A-though-F grading systems meant to evaluate state schools passed by the lame-duck legislature in December. Plus, a researcher breaks down the “epidemic” of teen vaping and how e-cigarette use can affect brain development in young people. 

car with dented bumper
Public Domain / Wikimedia Commons

A lot of people have tried – and failed – to make significant changes to Michigan’s auto insurance system. Michigan drivers pay some of the highest premiums in country. Enter Detroit businessman Dan Gilbert. The billionaire chairman of Quicken Loans says he’s ready to take the issue to the voters in the form of a ballot proposal, if the state Legislature doesn’t take action soon.

Detroit Free Press columnist Nancy Kaffer talks to Michigan Radio's Morning Edition host Doug Tribou about Gilbert’s plans.

The incomplete Wayne County jail.
Wayne County

A long-standing jail problem in Wayne County may be resolved.

By a 14-to-1 vote, the Wayne County Commission has approved a deal with Dan Gilbert’s private development company, Rock Ventures, to build a new criminal justice center on East Warren Avenue near the I-75 service drive.

Detroit
Nic Redhead / FLICKR - http://bit.ly/1xMszCg

Michigan's economic development board has awarded $618 million in tax incentives for a development project in Detroit that includes a 58-story building on the site of the iconic former J.L. Hudson department store.

Plaque for city of Detroit and Wayne County on the side of the Spirit of Detroit
Mumu Matryoshka / Flickr - http://bit.ly/1xMszCg

 

The city of Detroit is suing Dan Gilbert's real estate company, Bedrock Management, for refusing to turn over personal information of its apartment building tenants.  

The city wants to find out if people who live at several Gilbert properties have paid their city income taxes. 

A long table surrounded by red chairs in a school classroom.
BES Photos / Flickr - http://j.mp/1SPGCl0

Attorney General Bill Schuette filed a challenge with the state court of appeals this week over the issue of public money for private schools. Schuette disagrees with a court ruling that said it's unconstitutional for the state to reimburse private schools for fire drills and other expenses required by the state.

Michigan Radio news analyst Jack Lessenberry and Morning Edition host Doug Tribou discuss the issue and whether Schuette's appeal stands a chance.

Fairy's signature black-and-white "Andre the Giant" face appeared on a water tower in downtown Detroit.
Eugene Kim / Flickr

The city of Detroit is suing Bedrock Management Services for allegedly failing to turn over information about tenants in some rental properties.

Bedrock is the real estate services firm owned by Quicken Loans CEO and downtown Detroit’s largest landowner, Dan Gilbert. Gilbert calls what the city is asking for "confidential personal information"--and says Bedrock won't release it without a court order.

The incomplete Wayne County jail.
Wayne County

The Wayne County Commission sealed a deal to swap some land with the city of Detroit Thursday.

It’s part of a larger deal that has the county partnering with billionaire Dan Gilbert to build a new $533 million criminal justice center.

The land swap deal with Detroit gives Wayne County a spot to build a new jail and courthouse.

Gratiot construction site
Tony Brown / Michigan Radio

Type the words “fail jail” into a simple search and Google will immediately suggest: “Detroit.” The nickname refers to the downtown site at Gratiot and St. Antoine, where construction of what was supposed to be a new county jail began in 2011 but has been on pause since 2013.

That is, until Dan Gilbert takes over.

On Wednesday, Wayne County Executive Warren Evans announced a tentative deal with Gilbert’s Rock Ventures to transform the Gratiot site into a billion-dollar commercial development. 

steve carmody / Michigan Radio

The business leaders who unsuccessfully pitched Detroit to Amazon are now being asked to make a similar commitment to public education.

Billionaire Dan Gilbert and top Michigan businessmen made every effort to convince Amazon to put its second headquarters in the Motor City.  They failed.

Amazon left Detroit off its short list.  The web giant cited problems with Michigan’s “talent” pool pipeline, including Kindergarten through 12th grade. 

But a coalition consisting of students, educators and civic leaders see an opportunity.

An artist's rendering of the as-yet-unnamed planned development on the former Hudson's site.
Bedrock

Detroit is “going vertical.”

That’s what developer Dan Gilbert said Thursday at the groundbreaking for a project set to transform the city's skyline.

The $1 billion dollar project is going up on the former site of Hudson’s Department Store. The store closed in 1983, and the building was imploded in 1998.

The unfinished Wayne County jail project at Gratiot near Downtown Detroit.
Wayne County / via Wayne County

Wayne County announced Friday it's scrapping plans to complete construction on its stalled jail project on Gratiot Avenue near Greektown.

It will instead pursue Quicken Loans founder Dan Gilbert's offer to build a brand new, $380 million criminal justice center at a different location in Detroit.

Chicago-based Walsh Construction was the lone bidder to submit a proposal to complete the roughly $400 million Gratiot project.

Dan Gilbert's Rock Ventures offered to build a jail at a new location in Detroit in exchange for the current jail site.

Mackinac Bridge
Mark Brush / Michigan Radio

This week, Enbridge Energy reported the protective coating has worn off of it's Line 5 pipeline in more spots than previously revealed. Line 5 is the oil and gas pipeline that runs under the straits of Mackinac. The new report says there were 8 spots of bare metal and seven of them will be repaired before winter sets in. A state commission has called Enbridge to testify next month.

Michigan Radio's Morning Edition host Doug Tribou and senior news analyst Jack Lessenberry talk about possible solutions.

The incomplete Wayne County jail.
Wayne County

The Detroit City Council on Tuesday put a short-term hold on plans to start a land swap that could provide a new location for the Wayne County jail.

The three-party property exchange would set that plan in motion.

Right now, a half-finished jail is sitting on a piece of downtown Detroit real estate that developer Dan Gilbert wants. The project has been sitting idle since 2013, when Wayne County abandoned initial plans because of cost overruns.

The former Hudson's site, prime real estate along Woodward in the heart of downtown Detroit, has been a city-owned underground parking garage since the Hudson's building was demolished in 1998.
Sarah Cwiek / Michigan Radio

Detroit has a city ordinance that requires most big project developers to negotiate benefits packages with neighborhood groups.

But some members of those groups say the process has been a sham so far. They’re calling on the Detroit City Council to give the ordinance more teeth.

Detroit voters approved one of two competing community benefits agreement last year.

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A plan to build a multi-million dollar soccer stadium in downtown Detroit appears dead.

Billionaire businessmen Tom Gores and Dan Gilbert have struck a deal with the Ford family to use Ford Field for a future Major League Soccer franchise. Gores and Gilbert have been bidding for a future MLS franchise for more than a year. The league is expected to announce its expansion plans next month.

Why Amazon HQ2 probably won't be in Detroit

Oct 17, 2017
Photograph of Downtown Detroit
Ifmuth / FLICKR - HTTP://J.MP/1SPGCL0

As you may know, Amazon is looking for another city in which to build a vast new headquarters that could mean billions in investment and up to 50,000 jobs.

Not surprisingly, just about every city wants that. But the place where it might make the most difference for the local economy is, of course, Detroit.

Dan Gilbert, the Quicken Loans czar who many regard as Detroit’s capitalist savior, is heading a task force that will submit a bid in the next two days to the giant mail order retailer. Mayor Mike Duggan would do just about anything to lure Amazon.

Photo courtesy of Khaled Beydoun

If you spent the weekend on a deserted island or just abstaining from all social media, you probably missed the swift, brutal backlash to a large window ad in downtown Detroit. 

The banner was put up by Detroit mogul Dan Gilbert's property management company, Bedrock, on a building at the corner of Woodward Ave. and Congress St. 

The slogan for the campaign, "See Detroit Like We Do" overlays a mostly-white crowd. Cringe. 

Steve Carmody / Michigan Radio

A new tax break for redeveloping blighted land in Michigan is now law.

Gov. Rick Snyder signed the bill Thursday as he sat in the gutted lobby of a 120-year-old office building in downtown Saginaw. The Berringer building has sat unused for years as a series owners have tried and failed to renovate it.

Q-Line streetcar on Woodward Avenue in Detroit.
Bryce Huffman / Michigan Radio

Detroit’s first street car in over 60 years is officially open to the public.

The QLINE will run for 3.3 miles, or 6.6 miles both ways, along Woodward Avenue connecting Detroit’s downtown and midtown.

Matt Cullen, the CEO of M-1 Rail, which owns and operates the QLINE, knows that several Detroiters don’t think the QLINE goes far enough to help residents outside of the downtown area.

“We agree with that and we understand that perspective but we remain confident that this can be the first step in a broad regional transit system,” Cullen said.

Jodi Westrick / Michigan Radio

Formerly nicknamed the “Dan Gilbert bills” after the prominent Detroit businessman and developer, legislation to give developers a tax incentive for building on blighted land sailed through a full Senate vote and is now awaiting a hearing in the House.  

The same kind of incentives came up in Lansing last year. But they didn’t go anywhere, because some lawmakers were worried it would only help big cities like Detroit.

This time, supporters on both sides of the aisle say the legislation is for cities big and small.

The incomplete Wayne County jail.
Wayne County

Plans for Wayne County's unfinished jail site in Detroit could get scrapped if the county accepts a proposal from billionaire businessman Dan Gilbert.

The county is considering Dan Gilbert's Rock Ventures' offer to build a jail at a new location in Detroit. In exchange, Gilbert would get the current jail site.

He and Detroit Pistons owner Tom Gores hope to put a Major League Soccer stadium there.

The Tale of Two Billionaires

Feb 13, 2017

You have to admire many things about Mike Ilitch. The son of Macedonian immigrants, in the classic American success story, failed to become a major league baseball player, but instead became a true player on a much bigger stage.

He grew up with essentially nothing.

When he died Friday he was worth more than $5 billion, owned a major league hockey and baseball team, a massive national fast food pizza empire, stadiums, theaters, and lots of other stuff.

The incomplete Wayne County jail.
Wayne County

In his column for the Detroit News this week, Daniel Howes analyzed an interesting proposal offered by billionaire Dan Gilbert to Wayne County officials. Gilbert wants to secure a Downtown Detroit site where an unfinished jail currently stands.

The Quicken Loans leader says he will build Wayne County a brand new jail and court offices just east of Midtown in exchange for the site. Wayne County officials are currently vetting the offer. 

Jack Lessenberry
Michigan Radio

After Senate hearings, debates, protests, a Saturday Night Live parody, and an unprecedented tie-breaking vote by the vice president, Betsy DeVos is now the U.S. Secretary of Education. This Week in Michigan Politics, Morning Edition host Doug Tribou and senior news analyst Jack Lessenberry talk about what her confirmation process reveals about the state of affairs in Washington.

The incomplete Wayne County jail.
Wayne County

Robin Boyle is astonished at the pace of development in metro Detroit -- development that is largely the result of public-private partnerships.

But the professor of urban studies at Wayne State University worries it's all happening too fast.

Take the proposed land swap between businessman Dan Gilbert and Wayne County.  The deal would let Gilbert build a major league soccer stadium on the site of the county's partly-finished jail - and in return Gilbert would build the county a new jail for $300 million. 

Jack Lessenberry
Michigan Radio

A Senate committee approved Betsy DeVos' nomination to become U.S. Secretary of Education yesterday, despite strong opposition from Democrats and a tense vetting process. This Week in Michigan Politics, Morning Edition host Doug Tribou and senior news analyst Jack Lessenberry discuss how DeVos' positions on charter schools and school-choice could keep her in the spotlight if and when she's confirmed in a full Senate vote.

They also discuss what's at stake in Michigan following President Trump's executive order on immigration, whether state Attorney General Bill Schuette's support for Trump's immigration order puts him at political risk, and Dan Gilbert's plan to turn the Wayne County jail site into a soccer stadium.

flickr user Bernt Rostad / http://j.mp/1SPGCl0

Detroit businessman Dan Gilbert says he was in Toronto recently, and the view from his hotel featured numerous construction cranes.

He figures that will be a reality for Detroit, too - and soon.

Gilbert says there is almost no office space available in the growing downtown.

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