Kofi Bonner’s time at the helm of Bedrock, one of Detroit’s most powerful real estate development firms, is coming to a close. After five years as CEO, Bonner will retire at the end of 2025, closing a chapter that reshaped Detroit’s economic and cultural landscape during a period marked by both disruption and resurgence.

Bedrock confirmed the leadership transition on Friday, Aug. 1, in a companywide email and a press release. Jared Fleisher, currently Vice President at ROCK—the Gilbert family office—will join Bedrock immediately as President and is slated to assume the role of CEO after Bonner’s departure.

Bonner took on the CEO role in August 2020, just as the COVID-19 pandemic was paralyzing cities nationwide. Downtown Detroit had emptied. Development momentum had slowed. Small busines

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