February 25, 2020 Comments Off on Related’s Stephen Ross Makes $100M Gift to Detroit Innovation Center Views: 666 Michigan, Midwest, National News

Related’s Stephen Ross Makes $100M Gift to Detroit Innovation Center

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Stephen M. Ross, chairman of Related Cos. and alumnus of the University of Michigan, will make a $100-million philanthropic gift to launch the fundraising campaign for construction of the Detroit Center for Innovation (DCI).

To be located on the former Wayne County Jail site, the DCI will also be made possible by a significant contribution of land by Dan Gilbert. The first phase of the 14-acre Detroit Center for Innovation is expected to break ground in 2021.

“Detroit has always been an incredible place of innovation and opportunity, and the Detroit Center for Innovation will usher the city into a new era of leadership in technology,” said Ross. “This gift is a symbol of progress and momentum in Detroit, and I am incredibly proud to advance this transformative project.”

Announced last October, the DCI will be anchored by a 190,000-square-foot research and education center to be operated by the university.

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