A former Stock Exchange? Our new office? Yes.
Well, the cat’s officially out of the bag: construction is underway on our new office and studio inside what was once the Detroit Stock Exchange. Who knew Detroit even had it’s own stock exchange? We certainly didn’t. Turns out it was open from 1928-76 at the top of tower 2 ub the Penobscot Building.
It all started one afternoon when we were touring the Penobscot Building looking for a new office after the fiasco that came to unravel after a pipe burst in our former space at the David Stott Building (reported on here by the Wall Street Journal). The leasing agent representing the Penobscot Building toured us around the building, viewing mostly sleepy, drop-ceiling laden, cubicle farm’esque spaces that weren’t so inspiring let alone inviting. We casually inquired about seeing something a bit more raw, an older space, if only just to feed our history-loving habits and to get a glimpse in to the older days of the building, and we landed at the top of Tower 2. As we stepped off the elevator, what sat in plain view was an absolutely stunning room: the former Detroit Stock Exchange. The catwalk was still intact that a young man would manually update prices on the stock ticker. The 30 foot ceilings were ornately sculpted and offered a window in to the city’s storied past. It was almost hard to believe.
A few passionate pow-wows between our team and sibling studio Space Camp Design and our desire to land a deal for the space was solidified. Five months of negotiations working out the lease, and the rest is history. We’re proud of where we’ve landed, and feel that the space will be a part of our next phase of growth as we focus on working with national brands while staying true to the adventures and city that has gotten us here.
For more information on the history of the space and to take a 3D tour, click here.