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Quicken Loans and its Family of Companies to Open Technology Office in Windsor

Mayor Dilkens with the Schwabs and Maggios

Brian Schwab, Anthony Maggio, Windsor Mayor Drew Dilkens, Dino Maggio and Lisa Schwab were all on hand to applaud today’s announcement made by Quicken Loans who will be opening a technology office in the city’s core.

News Release from Quicken Loans:

Detroit, October 11, 2018 – Quicken Loans, the largest home mortgage lender in the United States, and its family of affiliated companies, today announced plans to open a new location in the historic Old Fish Market Building (156 Chatham St. West) in downtown Windsor, Ontario.

The expansion into Canada will allow Quicken Loans and its Family of Companies to recruit top talent from Windsor, Toronto, Waterloo and all of Ontario to support the company’s growing need for additional technology talent.

“We learned a lot more about Ontario’s deep technology talent pool over the past couple of years as we explored pitching the international border of Windsor/Detroit to various companies,” said Jay Farner, CEO of Quicken Loans. “As Quicken Loans continues to grow and set the standard for innovation, we remain focused on recruiting more technology talent to our brainforce.  With our headquarters located in downtown Detroit, we have a tremendous opportunity to tap into the rich technology pipeline both stateside and in Canada.”

Renovated brick facade of old fish market building

Quicken Loans and the Family of Companies will lease more than 9,000 square feet of office space in the Old Fish Market Building.  Renovation of the new location is expected to be completed in the first or second quarter of 2019. The company plans to grow the office to more than 100 tech workers.

“We are excited that Quicken Loans and its Family of Companies have made the decision to open an office in downtown Windsor.  The relationship we developed recently with them as we jointly pursued various technology companies to our international border cities helped us share the strong value proposition of Windsor,” said Windsor Mayor, Drew Dilkens.  “Quicken Loans is an amazing company with a great work culture.  We look forward to working closely with them in the months and years ahead as they grow their presence in our city.”

Quicken Loans currently does not offer mortgages in the Canadian market, although it has publicly stated its interest in learning about the Canadian home mortgage market.  This will be the second foray into Canada for the Detroit-based home lender. In 2016, Rocket Homes, a subsidiary of the same holding company as Quicken Loans (Rock Holdings Inc.), purchased Toronto-based OpenHouse Realty – a company specializing in the development of proprietary home and real estate agent search technology.

Quicken Loans has also appeared in the top-30 of FORTUNE magazine’s list of the 100 Best Companies to work for 15 consecutive years, and has been named the #1 place to work in technology six consecutive years by Computerworld magazine.  More workplace award information can be found at www.quickenloans.com/press-room/fast-facts/.

Terms of the lease agreement were not made available.

Detroit-based real estate firm Bedrock led the search for the new office location with the support of Mark Lalovich and Russel Lalovich of Windsor’s Remax Preferred Realty.

Article taken from City Windsor .ca : https://www.citywindsor.ca/Newsroom/Pages/Quicken-Loans-and-its-Family-of-Companies-to-Open-Technology-Office-in-Windsor.aspx
2018-11-14T17:19:42+00:00November 14th, 2018|

Habitat for Humanity breaks ground on large ReStore

Habitat for Humanity is breaking ground on one of the largest ReStores in Canada.

The non-profit organization is partnering with Dino Maggio and Anthony Maggio, of Mid South Land Developments for the project.

Mid South Land Developments will be building the new ReStore, allowing Habitat to continue to focus on affordable home builds.

“This building is designed with all our supporters in mind, donors, volunteers, students and shoppers.” says Rick Young, regional ReStore manager. “It’s a beautiful thing.”

At over 22,000 square feet, the new ReStore will help Habitat build capacity for major neighbourhood revitalization projects on the horizon.

The new store will be located on Edinborough Street.

Officials say the facility will allow shoppers to support Habitat for Humanity while purchasing new and used building supplies and furniture at affordable prices.

Volunteers and donors will also have an easier time due to accessible facilities and safer loading and unloading area. The facility will also have 2000 square feet of skilled labour training spaces where many of the 180 youth trained at Habitat will gain hands-on experience in construction, maintenance, appliance and furniture repair.

The new store is expected to open in spring 2019.

Officials say despite its rather hidden location the current Devon Drive ReStore achieved record sales in 2017. The ReStore also recorded more metal recycled than any other ReStore in the country.

Habitat for Humanity Canada recognized the local ReStore with their National Sustainable Funding Award in May 2018.

“Without our ReStores, building affordable homes would not be possible. Through Habitat for Humanity, home ownership has been made a reality for 63 families in Windsor-Essex.” Says Fiona Coughlin, Executive Director.

“Your support of the ReStore will also allow us to explore collaborative neighborhood revitalization projects in areas of Windsor that are prime for renewal,” Coughlin adds.

Article take from CTV Windsor News: https://windsor.ctvnews.ca/habitat-for-humanity-breaks-ground-on-large-restore-1.4017067
2018-11-14T17:17:18+00:00July 20th, 2018|

Downtown Windsor to get New Look

New life is about to be triggered at a downtown intersection that once boasted a vibrant nightlife, but has remained a shuttered ghost town over the last several years.

New life is about to be injected into a downtown Windsor intersection that once boasted a vibrant nightlife but has remained a bit of an urban dead zone over the last several years.

The former City Beer Market and adjoining Chatham Street Grill buildings in the 100 block of Chatham Street West have been purchased by a partnership involving Mid South Land Development Corp. and owners of Cypher Systems Group.

The same group bought the former Fish Market and Loop building earlier this year for $1.6 million and it has been in the midst of extensive renovations.

“We believe the timing is right,” said Stephen Savage, co-owner of Cypher Systems. “You have the Windsor symphony downtown, the university and college growing downtown. There is a revitalization in the area and we’d love to be part of that.

“And this city is in our blood. We are local guys who are enthusiastic about bringing these buildings back to their former glory.”

Windsor Family Credit Union had assumed ownership of both structures during the last few years after previous owners defaulted on the mortgages. The selling price on the deal, which closed Thursday, was withheld at the request of the credit union.

We are doing this as a service to the city, for ourselves and the community

The Beer Market, which has 21 apartments on the upper floors, closed in 2013, while Chatham Street Grill, which has five loft-style apartments upstairs, shut down in 2009.

While the residential units have remained in use — currently at about 75 per cent occupancy — the ground-floor commercial space has remained shuttered, leaving the corner of Pelissier and Chatham eerily quiet in recent years.

The group says that will soon change.

Combined with their overhaul of the Fish Market building, it expects all three buildings will be in strong demand either as office, commercial or restaurant space.

“There are good opportunities in all those areas,” Savage said.

Mid South Land Developments under Dino Maggio and his son Anthony has a history locally of converting old buildings into viable commercial ventures, including the former Teutonia Club, plus several buildings in the Walker Industrial Park and Olde Walkerville.

The group adamantly ruled out bars as possible tenants. Maggio said downtown has “more than enough of those.”

“Our plan (for the two buildings) is basically the same thing we are already doing across the street,” he said. “Give them a complete facelift, redo the interior, renovate and clean them up.

“There are no set goals exactly who will occupy the buildings, but we are confident (they will be filled) or else we would not be doing this. We are doing this as a service to the city, for ourselves and the community.”

Cleanup of the former Fish Market began a couple of months ago and is about three-quarters complete. Prospective tenants could begin touring the building in July, Maggio said.

Renovation work on the Beer Market and Chatham Street Grill buildings starts on Monday and should take about 60 days to complete before tenants can start to take a look, he said.

 

Full Article taken from Windsor Star: https://windsorstar.com/news/local-news/local-group-to-bring-new-life-to-pair-of-downtown-buildings
2018-11-14T17:08:55+00:00June 6th, 2018|