Dan Gilbert, Founder and Chairman of Quicken Loans and Rock Ventures, confirmed Saturday the formation of a new community investment initiative, Rocket Fiber LLC, a game-changing Detroit-based high speed internet provider. Rocket Fiber will provide internet in downtown Detroit that is up to 100 times faster than the current residential average.
Construction is underway on an advanced fiber optic internet network that will serve residents, local government and businesses in the greater downtown Detroit area, followed by other areas of the city.
Rocket Fiber was founded in 2014 as part of the Rock Ventures and Quicken Loans family of companies. The network originates west of downtown Detroit and the initial scope covers downtown Detroit’s Central Business District from M-10 to the west, I-75 to the north, I-375 to the east, and the Detroit River to the south.
After initial installation in downtown Detroit, Rocket Fiber will expand services to residents and businesses in Midtown Detroit along the Woodward corridor.