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Case Study

Renovation of the historic Cadillac Place

Services provided: Property Management and Project Development Services

Private-public partnership, in the hands of JLL, results in on-time, on-budget renovation and set operating costs for nearly 10 years

In 1998 General Motors decided to relocate, leaving its 15-story headquarters, now known as Cadillac Place. Through a public-private sector arrangement, the State of Michigan assumed the property with a 20-year lease term.

The building was historic yet outdated, and with new office needs for the State, JLL stepped in to assist in development and construction management. No other firm in the nation had ever taken on a renovation project of this size and nature, which presented many unique challenges, including payment structures, occupancy during construction, coordination among multiple parties, and tight budgets and timeframes.

After wall-to-wall demolition, the final product included tenant improvements, updated and up-to-code safety systems, and capital improvement work.

Post completion, JLL was brought on as property manager, and has since kept the State of Michigan’s operating expenses low and predictable at an average $8.21 over the past nine years.

Download the complete Cadillac Place story

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