Business, City Transformation, entrepreneurs, Job creation, Technology

Rocket Fiber announces new Detroit office and ‘lightning fast’ Internet in downtown, Midtown and beyond

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In a city that is working tirelessly to reboot its image and boost its revitalization, the announcement that a super high-speed Internet service is now operational is one more important assets for selling Detroit to potential residents, businesses and investors.

Rocket 4On Wednesday, Detroit-based Rocket Fiber brought its employees together with Detroit city officials and media representatives to update them on their installation, how far its optical fiber Internet services are going (Capitol Park, then Midtown, then beyond) and to show off its new offices at 1505 Woodward Avenue. And, if it isn’t already know, ain’t no party like a Quicken Loans/Opportunity Detroit party. The room was amped up and cheering.

Rocket Fiber officials said the company will offer “lightning fast” Internet service to both residential and business customers. This service will have speeds of up to 10-gigabit for residents and up to 100-gig speeds for businesses. By comparison, the average megabit speed in Michigan is a reported 11.8 megabits. Rocket Fiber’s plan, which would cost residents about $70 per month, is just about 100 times faster than that. Commercial rates would be about $299 per month.

It is a huge improvement for Detroit and one that will have significant impact on the city now and in the future, said Jill Ford, head of Innovation and Entrepreneurship for the city of Detroit. Ford said Rocket Fiber gives Detroit the infrastructure it needs to help its residents, businesses and others bring their ideas to life.

Rocket 1That’s what Detroit is all about, Ford said. “We dream it, and we do it,” she said. “This is the next generation of Detroit’s revival (and) it feels incredible.”

According to Rocket Fiber, this new, faster delivery puts Detroit in “a small group of technology- savvy cities in the world offering these gigabit speeds.” Also, it will be up to 1,000 times faster than the current residential average speed in Detroit. For example, a typical one-hour and 40 minute movie is expected to download in an average of 40 seconds.

Rocket Fiber beta testing has already begun for residents connected to the service at The Albert and Malcomson Buildings in Detroit’s Capitol Park neighborhood. In addition, 19 office buildings have been connected to the Rocket Fiber network including the First National Building and One Kennedy Square. Large numbers of business and residential customers are scheduled to “go live” in early 2016.

Rocket Fiber, which was founded less than 18 months ago, has received millions of dollars in investment from investors including Dan Gilbert of Quicken Loans and now employs 30 full-time team members. Its leadership team includes Marc Hudson, Chief Executive Officer; Edi Demaj, Chief Operating Officer; and Randy Foster, Chief Technology Officer.

ROcket 3“There is a growing demand for super-fast Internet as the world becomes more and more digital. Everyone and everything is online now, and most industries rely on digital technology,” Foster said in a statement.

Rocket Fiber has already laid 17 miles of fiber in the city and began activating clients earlier this month in downtown Detroit’s Central Business District. The company is expected to expand to Midtown Detroit in 2016 and then continue to grow in other areas of the city and eventually beyond.

The technology start-up also announced the opening of its new headquarters in the 48,000 square-foot Albert Kahn-designed Bedrock building at 1505 Woodward Avenue in downtown Detroit. Rocket Fiber’s open and collaborative environment was designed by architectural firm ROSSETTI and office design firm dPOP!, both also headquartered in downtown Detroit.

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