Dow Chemical Company Transforms Midland, Michigan, Campus
Elements of the Global Dow Center include: a six-story, 184,390 square-foot, steel-frame and curtain wall structure; 21,000-square-feet of vegetative rooftop and a nearly one-acre decorative pond wrapping one-third of the building, helping to dramatically reduce heat islands and storm water runoff; and an enclosed employee walkway connecting occupants to parking and other campus facilities.
“This is a monumental day for Dow, our employees and for Michigan as it marks another tremendous milestone in our company’s more than 120 year history,” said Andrew Liveris, DOW CEO & chairman. ”This world-class facility could have been located anywhere and we chose to invest right here in Michigan because both the U.S. and the state have a growing and vibrant research, development and manufacturing sector creating new opportunities every day.”
The new innovation center will be a key enabler in Dow achieving its initial $100 million growth synergy target, as well as more than $500 million of additional Dow-enabled bottom-line growth the Company now expects to achieve across the enterprise from integrating silicones into the Dow portfolio. This bottom-line growth, coupled with Dow’s latest cost synergy target of more than $650 million, greatly enhance silicones’ profitability. Dow now expects EBITDA to increase to more than $2 billion by the end of 2019, more than double its initial projection.
"The Global Dow Center has profoundly transformed their Midland Campus, and its environmentally conscious design not only reinforces Dow's commitment to sustainability, but it also keenly reflects Dow's innovative and inclusive corporate culture,” said Quinn Kiriluk, vice president, development for KIRCO, the commercial development, construction and property management organization that completed the project.
The interior environment is open and collaborative, and the glass curtain wall exterior allows for extensive penetration of natural light into the workspaces. Features include a 4,000-square-foot "town hall" flexible meeting space, a 17,000-square-foot cafeteria, and a coffee kiosk and lounge adjacent to the lobby.
"Our mission is to create better communities through the development of real estate, and as a Michigan-based business, we are honored to have worked with Dow on such an impactful project for Midland and the State of Michigan," he added.
Demolition of Dow's former Willard H. Dow 2020 building began in June 2015, which made way for the October 2015 groundbreaking of the 184,390 square-foot Global Dow Center. The new facility is seeking LEED certification.
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