Rail

Quicken Loans buys M-1 Rail naming rights

Posted on May 26, 2015

M-1 Rail construction photo from May 22, 2015. Photo courtesy: M-1 Rail
M-1 Rail construction photo from May 22, 2015. Photo courtesy: M-1 Rail

DETROIT — Online mortgage lender, Quicken Loans Inc. has bought the naming rights for the M-1 Rail streetcar line currently under construction on Woodward Avenue, but the actual name is yet to be decided, project organizers said, Crains Detroit Business reported.

Detroit-based Quicken is owned by Dan Gilbert, who has been the $137 million streetcar project's co-chairman (with Roger Penske) nearly since its 2008 inception, the report said.

Additionally, in the next month, M-1 will hire a company to aid it in naming the line, stations and color of the streetcars, and to help with branding and logos, said Paul Childs, the project's COO, Crains reported. For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

Amtrak, NJ Transit reach spending deal for infrastructure upgrades

Will reinvest all of the funds that came from this — and other — agreements into existing and future joint NEC infrastructure projects.

BYD signs contract to begin building cross-sea monorail in Brazil

The 12-mile seaside route will be partially built above the sea to connect Salvador’s central business district to São João Island.

European cities respond to growing demand for urban transport

In a relatively buoyant economy in much of the continent, improving urban transport and creating additional capacity has become a pressing concern over the last decade.

Streetcars not a guarantee to bolster economic development: Study

Factors such as a healthy real estate market, land availability, and development-supportive zoning also need to be present.

California's Governor calls for scaling down of high-speed rail project

The state’s high-speed rail authority will focus now on building only the Central Valley segment of the planned San Francisco to Los Angeles train.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation