Ally Financial Consolidates Offices To Downtown Detroit

Ally Financial is a Detroit-based auto lender and bank holding company. Ally was previously known as GMAC, GM’s in-house lending arm. In 2015, Ally Financial announced it would be moving into One Detroit Center. The office tower, renamed Ally Detroit Center under a 12-year lease, now houses 700 employees moved from the Renaissance Center and 600 employees from other southeast Michigan locations.  The move is part of a collaboration between Ally, the City of Detroit and Bedrock Real Estate Services. As part of the agreement with Ally, the Downtown Development Authority approved a parking incentive package for the company.

“Like the city of Detroit, Ally is continuing to evolve and build upon a strong heritage,” said Ally Chief Executive Officer Jeffrey J. Brown. “This is an exciting time for our company, and bringing all of our Southeast Michigan-based associates together in one impressive building in the heart of the city sets the stage for our next chapter, which will be rooted in innovation, creativity and a strong and vibrant culture.”

Built in 1993, One Detroit Center is known as Detroit and Michigan’s tallest office building. The skyscraper, designed by noted architects John Burgee and Philip Johnson, has Flemish-inspired neo-gothic spires.