Peter Karmanos seeks to boost revival of downtown Pontiac
PONTIAC, Mich. (AP) — Businessman and Hockey Hall of Fame member Peter Karmanos is hoping to boost efforts to revive downtown Pontiac with new investments.
The Detroit Free Press reports (http://on.freep.com/2eesC4t ) the chairman and co-founder of MadDog Technology announced Thursday along with co-founder Mark Hillman that they’re moving three of their companies to the historic Riker Building in the Michigan city.
Karmanos says that they “see Pontiac emerging as a technology center in southeast Michigan.”
The newspaper says the companies will occupy a 15,000-square-foot space and plan to hire more than 100 professionals over the next three years.
Karmanos co-founded software development company Compuware and in 2003 helped bolster Detroit’s revival efforts by moving the company’s headquarters into a new building in downtown Detroit. Karmanos also owns the NHL’s Carolina Hurricanes.