Chrysler Group will shift its Great Lakes Business Center and several corporate functions into downtown Detroit's Dime Building, which has been renamed to Chrysler House.
The company will lease nearly 33,000sq ft of space in the building, owned by Rock Ventures, and accommodate about 70 employees who will be located in the new offices.
It plans to refurbish the space and is expected to be completed by late summer.
Bedrock Real Estate Services brokered the lease deal between Chrysler and Rock Ventures.
Chrysler Group chairman and CEO Sergio Marchionne said the future of Chrysler Group and the City of Detroit are inextricably tied.
"In order to reflect this we want to go beyond spiritual or symbolic evidence of our faith in the City's future by establishing a physical presence people can see and be proud of," Marchionne added.
The company had indicated in January that it will add a third crew and 1,100 new jobs at its Jefferson North Assembly Plant (JNAP) in Detroit, expanding the Jeep Grand Cherokee lineup to include a diesel version for North America.
Chrysler Group operates the Mack Avenue Engine Complex on St. Jean Street within the City of Detroit, and overall employs about 4,000 people in the city.
