Detroit’s Cobo Center Completes $279 Million Transformation; Will Unveil Cobo Square in Spring
February 10, 2016
With the North American International Auto Show officially wrapping up at Detroit’s Cobo Center recently, this marks the end of a $279 million, five-year transformation at the venue.
Highlights of the project includes adaptive reuse design of the old arena that incorporates 45,000 square feet of outdoor flex space, which includes a large terrace now called Cobo Square.
Starting this spring, the terrace will be used for programming that includes art fairs, exercise and yoga, biergartens and other elements designed to connect Cobo Center to the community and the downtown Detroit culture.
It also will bring activity into the center between major events.
“I think the most important part of the reinvention of Cobo Center was the adaptive reuse of the old arena,” said Thom Connors, regional vice president of SMG and general manager of Cobo Center.
He added, “By cutting part of it away and creating a new atrium, it really tied the whole renovation together and gave the view from the main concourse out to the river and across to Canada. It brings people down to the newer, improved south side of the building and the majesty of the river.”
In addition, Cobo Center, which is managed by SMG, has grown its event roster, with 85 hosted in 2015, compared with 35 in 2010, a gain realized while the building was under construction.
The convention center now operates with 400 event days each year, double its pre-renovation amount of 200 days, and this year is on track to beat that record.
In August 2015, the center also hosted several thousand association executives for the 2015 American Society of Association Executives’ Annual Meeting & Exhibition.
“The Detroit Regional Convention Facility Authority (DRCFA) began on a mission of regional cooperation and through the success of this renovation, became an example of what is possible when people work in consensus,” Larry Alexander, chairman of the DRCFA and CEO of the Detroit Metro Convention and Visitors Bureau.
He added, “Cobo Square will continue this important mandate, bringing people throughout the Metro Detroit region together in community celebrations.”
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
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The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
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MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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