A new office space to be built in Farmington Hills will become the headquarters for Mercedes-Benz Financial Services USA and regional headquarters for Daimler Mobility Americas, according to Detroit’s Olympia Development of Michigan and Farmington Hills-based Mercedes-Benz Financial Services USA.
The new complex is pending permits and zoning approvals from the city and is slated to be on a 35-acre parcel of land at the southwest corner of Drake and 12 Mile roads.
“This project brings together two longstanding, committed community partners to invest in Farmington Hills, which has proudly been our home for more than a decade,” says Peter Henn, president and CEO of Mercedes-Benz Financial Services. “Identifying the ideal, local solution was a priority, reflecting our commitment to the talented team that is the basis of our success.
“Furthermore, this build-to-suit approach will create a space that allows us to continue to cultivate our great corporate culture, inspire creativity, and improve productivity, ultimately enabling us to best serve our customers in this new era of mobility. With these goals in mind, we truly appreciate the support and vision of the team at Olympia Development of Michigan, who were able to help us achieve our objectives and ultimately help position us for the future.”
Olympia Development selected Detroit’s Gensler, a global design and architecture firm, to design the complex. Kirco Manix in Troy will serve as general contractor.
“We are very pleased to work with Mercedes-Benz Financial Services to deliver a state-of-the art facility on land we have owned for more than 30 years,” says Keith Bradford, senior vice president of Olympia Development of Michigan. “While this location was once conceived as the headquarters of Little Caesars, we are excited that another great global brand will now call it home. We are proud to work on this exciting new project while we continue the current progress in our hometown of Detroit.”
The three-story, 200,000-square-foot, ground-up headquarters will include an open work environment, fitness center, café, coffee bar, and more. It is close to retail and dining as well as I-696, I-96, M-5, and M-10.
The site will also include an onsite walking and jogging path and will preserve the woodlands and wetlands on the site. Construction is expected to start in the fall and completed in summer 2021.
Mercedes-Benz Financial Services currently leases space in an office complex less than a mile from the development. The company’s planned move to a new office space will retain about 1,000 direct and indirect jobs in the community. The Germany-based company is a captive, automotive financial services provider and a member of the Daimler Mobility AG group of companies, providing financial services and products for Daimler’s customers and dealers while supporting the sales of Daimler vehicles.
Olympia also is working on the restoration of the historic hotel at 110 Sproat that will deliver 90 residential units with 20 percent affordable housing, a new construction office building that will house Detroit Medical Center’s Sports Medicine unit and Warner Norcross and Judd, and the emerging dining and retail destination Columbia Street (west side of Woodward Avenue).
The company is a full-service real estate company responsible for developing and investing in the Fox Theatre, Little Caesars Arena, and Comerica Park.