GM to move Detroit headquarters to new downtown building
DETROIT — General Motors will move its Detroit headquarters to a new downtown office building next year and work to redevelop its iconic home along the Detroit River, company and city officials confirmed Monday.
The announcement was made at the site of the old Hudson’s department store, which is being developed into a tower and 12-story office building that will house GM and is being built by the Bedrock real estate firm.
Bedrock will join GM, the city, and Wayne County in coming up with ideas to remake the seven-building Renaissance Center, the company’s current world headquarters and a showpiece on the city’s skyline that’s often shown on televised sports broadcasts.
GM CEO Mary Barra said the move to a brand new state-of-the-art office building in the heart of the city will help GM recruit talent. The new site is about a mile north of the Renaissance Center. The move also keeps GM’s headquarters in the city for the foreseeable future, she said.
“We’re going to be in the heart of the city,” Barra said. “Our people are already excited to be in Detroit and live here. I think having this workspace that’s modern and new that really fits the way people work today, I think it’s definitely going to be an attraction.”
Average refund is $3,011
WASHINGTON — As Tax Day passed this year, refunds were looking a bit bigger.
According to the latest IRS statistics, the average income tax refund so far this season is $3,011, up $123 from last year. Two out of three taxpayers expect a refund.
At least one prominent person did not get a refund. President Joe Biden on Monday released the tax returns he filed with his wife, Jill, showing that he still owed the IRS $334 and the state of Delaware $1,480. But Jill Biden qualified for a $433 refund from Virginia, where she teaches. The Bidens earned $619,976 and paid a federal income tax rate of 23.7%.