Is a tech hub forming downtown?

Maybe downtown won't turn into the happening night spot we all would like it to be... but, maybe, it'll be a hub for technology companies or IT firms. That'd be fine, just as long as it's relevant.

Excerpt from the Detroit Free Press:

Downtown Detroit has spent years trying to reinvent itself as a housing and entertainment district. But now another identity seems to be emerging -- downtown as a hub of software and technology firms.

With software giant Compuware firmly established and Internet mortgage firm Quicken Loans moving downtown soon, the Campus Martius area is welcoming another new technology firm -- GalaxE Solutions, a New Jersey-based software firm catering to the health care industry.

GalaxE is leasing space in the 1001 Woodward office tower that once housed the First Federal savings and loan. In recent years, developers had planned to convert the mostly empty office tower to condominiums. But those plans were scrapped as the housing market tanked, and now GalaxE plans to post some 500 employees there within five years.

GalaxE Chairman and CEO Timothy Bryan said he expects other firms to follow GalaxE's lead.

"There's got to be other companies like ours out there," Bryan said. "As a businessman, you look for the next opportunity. The workforce is here. The infrastructure is here."

Read the entire article here.
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