Dan Gilbert’s Jack Entertainment will spend million to renovate the long-vacant St. Mary’s schoolhouse in Greektown, downtown Detroit, to serve as the casino company’s headquarters.
Jack Entertainment will vacate space in One Woodward Avenue in December. “Our move will bring us closer to our 2,000 team members at our Greektown Casino-Hotel, and affirms our longstanding commitment to the Greektown district,” said Jack Entertainment Chief Executive Officer Matt Cullen.
Gilbert spent more than $70 million renovating Greektown Casino-Hotel, which he took over in 2013. The casino will be rebranded Jack Detroit Casino Hotel Greektown in early 2017.
Built in 1868 and designed by Puis Daubner, the 29,000-square-foot former school, vacant for a decade, connects to Greektown Casino-Hotel through a pedestrian skywalk. Jack Entertainment will use four of the building’s five floors, with a retail tenant on the ground floor.
Through Gilbert’s real estate arm, Bedrock, he has purchased more than 95 properties in Detroit and Cleveland. He has spent more than $2.2 billion on more than 14 million square feet of real estate in downtown Detroit.
Jack Entertainment employs 7,000 people in four states, and its casino properties generate more than $1.4 billion in annual revenue.