Dan Gilbert is determined to get his beloved Detroit up to speed, and making sure the city has fast internet is one way to do it.
The entrepreneur and owner of Rocket Ventures announced on Twitter on February 23rd the introduction of Rocket Fiber to downtown Detroit. He wrote on the social media platform, according to Detroit cbslocal, “Yes, it’s true. Rocket Fiber coming to downtown Detroit in near future. Fast as Google or faster. Details in a few weeks.”
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Rocket Fiber should provide internet to downtown Detroit that is 100 times faster than what exists in the average home. The advanced fiber-optic network will be in the downtown benefiting government offices and businesses and will grow to other neighborhoods. President and CEO of Rock Ventures, Matt Cullen, said told crainsDetroit that it is a “generational leap forward.”
Gilbert founder of mortgage lender Quicken Loans, has revitalized downtown Detroit with a real estate investment of $1 billion on development projects. He has been investing in Brush Park, a once affluent area, which has fallen into disuse. Gilbert continues to buy up empty buildings in the city and revitalize them. He previously headed a presidential task force on solving the problem of urban decay in Detroit.