Detroit (WWJ)  -- Just weeks after Quicken Loans announced it was moving its corporate headquarters to downtown Detroit,  Health Plan of Michigan officially announced they are relocating to the city.  

Health Plan of Michigan CEO and President Dr. David Cotton said 111 workers will move into the One Kennedy Square building in Campus Martius Park this weekend. 

"I think our biggest worry was we have alot of workers that live in the suburbs and some of them fairly far out in Novi and fairly good commute already to Southfield and we were worried about losing them as we move downtown," Cotton said.  He added many workers are excited about the move.  

"With what the city of Detroit, Wayne County, the DEGC and Downtown Detroit Partnership, landlords and business leaders will do for you, business owners would be crazy not to move their companies into the city," Cotton said.    

Health Plan of Michigan provides healthcare to thousands of Medicaid recipients throughout Michigan.  

"The long-term economic sustainability of Detroit requires businesses with new economy jobs to become a part of our city's corporate landscape," said Mayor Kwame M. Kilpatrick in a statement.

 "Detroit has historically been a manufacturing town, but to truly experience the revolutionary transformation we are capable of achieving, we must continue to diversify our industry.  Health Plan of Michigan's move to downtown is further proof that there is a market here for emerging industries."    

In mid-November, Quicken Loans executives announced they would move the mortgage company's headquarters four-thousand workers from Livonia to downtown Detroit.  Quicken Loans will build a new headquarters building in the next two years.