Bedrock Management Services
In 2018 Larisa Ortiz Associates was hired by Bedrock Detroit, a full service commercial real estate firm with a portfolio totaling over 15 million square feet in downtown Detroit and Cleveland, to conduct a like-district analysis. This analysis was driven in large part by the City of Detroit’s lost bid to host Amazon HQ2, and aimed to provide one of the city’s largest downtown property owners a critical understanding of Detroit’s challenges and opportunities in workforce and resident populations, as well as tenant mix.
The mixed method analysis offered a side-by-side comparison of Detroit to other comparative emerging and well-established downtown markets, including many shortlisted Amazon HQ2 cities like Baltimore and Atlanta. Bedrock Detroit will continue to use the analysis to inform its downtown property management and leasing strategies.