RCLCO
34 Case Studies
A RCLCO Case Study
DTE Energy Corporation Services engaged real estate consulting firm RCLCO to help redevelop its historic Conners Creek Power Plant site. The challenge was to determine the potential for alternate uses of the prime 75-acre waterfront property, analyze development economics, and select a partner to help realize the vision for the site.
RCLCO provided a market analysis and financial feasibility study to establish a development framework. They then advised DTE through the entire process, from evaluating proposals and selecting a development partner to negotiating the agreement. As a result, a large portion of the site was transferred to the City of Detroit for a new Jeep assembly plant, creating significant jobs. DTE is now evaluating the remaining riverfront land.