On This Day in Detroit History by Loomis Bill

Author:Loomis, Bill [Loomis, Bill]
Language: eng
Format: epub
Publisher: Arcadia Publishing Inc.
Published: 2016-01-11T05:00:00+00:00

Louis Chevrolet started out as a Swiss bicycle and then auto racer but later lent his name for General Motors Company to develop an inexpensive car to compete with Ford’s Model T. Courtesy of the Library of Congress .

JULY

July 1

1976—Tower One of Ren Cen Opens for Business

Ford, Chrysler and General Motors faltered during the oil crisis of the 1970s. The Detroit riots of three years earlier also were not helping the business environment in the city. Ford Motor chairman Henry Ford II believed that the Detroit car manufacturers and other city industrial companies could pool their resources and build Detroit out of its economic spiral. Ford’s original design proposed to Detroit City Council called for fifteen towers and nearly one thousand residential units covering roughly thirty-three acres at a cost of more than $500 million. The Renaissance Center is the tallest building in the city and the state (727 feet) since 1977 and the 101st -tallest building in the United States.

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