 For several years through 1983, the building housed the headquarters of Bank of the Commonwealth until the bank merged with Comerica.In 2002, a $40-million renovation was completed.In August 2011, Quicken Loans founder Dan Gilbert purchased the building along with the nearby Qube, First National Building and Wright-Kay Building.On April 30, 2012, Gilbert and Chrysler Group LLC chairman Sergio Marchionne announced that Chrysler will move its Great Lakes Business Center and some executive offices, with approximately 70 employees, into the two top floors of the building.