Detroit
Dan Gilbert’s Rock Ventures Breaks Ground on 10-Story Garage/Retail Facility in Downtown Detroit
Rock Ventures LLC, the real estate development arm of Dan Gilbert’s Quicken Loans, is building a 1,300-square-foot parking garage and 33,000 square feet of retail space in an effort to provide more parking, more restaurants and more shops to the growing number of people who work in Detroit’s Central Business District.
$10 Million Rehab Project Brings Shelter for the Homeless
Cass Community Social Services (CCSS), a Detroit-based non-profit organization that strives to provide basic needs, including affordable housing and food to the homeless and elderly in Southeast Michigan and Wayne County, announced last week a redevelopment project that would transform the derelict building located at 1584 Elmhurst Street at Woodrow Wilson Street into permanent supportive housing for the homeless.
New Mental Health Center Opens at Former Saratoga Hospital; Developer to Use Shipping Containers for Eastern Market Hotel
Behavioral Centers of America (BCA), a mental health chain based in Nashville, has selected a formerly bankrupt Detroit hospital for a multi-million dollar master campus investment that would balance out the need for mental health services in Metro Detroit and Michigan. The newly renovated StoneCrest Center is the only acute mental health hospital in the city of Detroit.
WSU Expands with $93 Million Biomedical Research Center in Midtown
On Thursday, October 25, Wayne State University (WSU) will break ground on a new biomedical facility meant to encourage collaboration between various scientific areas and translate new discoveries to improve human health and society.
Historic Globe Building Embarks On $12.8 Million Redevelopment Project
On Saturday, October 6, Governor Rick Snyder announced a complex plan to revitalize one of Detroit’s gems: the historic Globe Building, formerly known as the Globe Trading Co. Building and the Detroit Dry Dock Engine Works, where young Henry Ford worked as an apprentice.
Detroit Housing Occupancy Level Tightens as Chrysler Opens New Office, Relocates Employees
By Veronica Grecu, Associate Editor More than one year has passed since the U.S. Department of Housing and Urban Development (HUD) removed Detroit from the “troubled designation list” due to improvements in the housing status and added it to the list of standard performing cities. Detroit’s revival plans have been focused around two major incentive […]
Renovated Bell Building Welcomes First Wave of Residents
By Veronica Grecu, Associate Editor Detroit’s Neighborhood Service Organization (NSO), a private non-profit human service agency looking to provide shelter to homeless people, announced that the first group of residents has moved into the former Michigan Bell Telephone Co. building as a complex revitalization process is nearing completion at the site. Back in April, NSO […]
“Magic” Johnson Backs Up Michigan State Fairgrounds Mixed-Use Redevelopment
By Veronica Grecu, Associate Editor Basketball star Earvin “Magic” Johnson—a Lansing native now turned entrepreneur—has teamed up with businessmen Joel Ferguson, also of Lansing, and Marvin Beatty of Detroit in one of the most ambitious revitalization projects proposed in Detroit in the past years. The venture plans to acquire the former State Fairgrounds site at […]
Historic State Savings Bank Building to be Replaced by Parking Garage?
By Veronica Grecu, Associate Editor Canadian entrepreneur and real estate investor Andreas Apostolopoulos has caused quite a stir among architectural preservationists after revealing tentative plans to create more parking space in Detroit’s Financial District by tearing down one of the city’s historic buildings. Located at 151 Fort Street, the State Savings Bank structure was built […]
Nabisco Becomes U-Haul Self-Storage Location; Urban Farm Receives Grant for Solar System
By Veronica Grecu, Associate Editor AMERCO Real Estate, the parent company that owns U-Haul International based in Phoenix, AZ, has recently acquired one of Detroit’s historic buildings, the 250,000-square-foot National Biscuit Company (Nabisco) located at 899 West Baltimore Street, expanding its network of self-storage locations in the city. The company’s acquisition is part of the […]