Detroit
Title Source Moves 1,500 Employees to Downtown Detroit
By Veronica Grecu, Associate Editor Dan Gilbert’s family of companies continues to consolidate its presence in Detroit’s Central Business District as Title Source, a Rock Ventures-affiliated company, has started relocating 1,500 of its Michigan-based employees to the First National Building, a Class A office tower located at 660 Woodward Ave. Built in 1930 under famed […]
$44 Million Grant Helps Detroit RiverWalk Redevelopment
By Veronica Grecu, Associate Editor In an effort to wrap up the remaking of the 5.5 mile RiverWalk that connects the Ambassador Bridge and Belle Isle, the city of Detroit received a total of $44 million in state and federal grants as financial support for the final stage of construction. According to Detroit Free Press, […]
Woodward Gardens Block Development to Utilize Clean Energy from Detroit Thermal
By Veronica Grecu, Associate Editor Detroit Thermal (DT), a key component of the city’s clean energy infrastructure, announced the addition of Woodward Gardens to its network of over 140 greater downtown area properties that utilize steam energy. Located on Woodward between Mack and Warren, Woodward Gardens Block Development is a four-phased, mixed-use project that aims […]
Could a Zombie Theme Park Bring Back Detroit’s Vacant Properties?
By Veronica Grecu, Associate Editor Over the last couple of years the subject of vacant properties has created a myriad of debates among Detroiters and city officials alike. Various revitalization initiatives and programs have been proposed to reduce the ‘eye soaring’ effect of these abandoned sites and breathe new life into places that once used […]
Michigan to Auction 140 State Properties
By Veronica Grecu, Associate Editor The Michigan Department of Natural Resources (DNR) and the Michigan Land Bank Fast Track Authority (MLB) jointly announced the sale of 140 properties located throughout the state—but primarily in northern Michigan—in a sealed-bid auction that started on June 20. Comprising more than 2,400 acres, the properties are suitable for a […]
Michigan, Canada Officials Announce New Detroit-Windsor Bridge
By Veronica Grecu, Associate Editor On June 15 Michigan Gov. Rick Snyder and Canadian Prime Minister Stephen Harper announced plans for a new bridge linking Detroit and Windsor, Ontario. First proposed nearly ten years ago, work on the new six-lane bridge could start in 2013 or 2014 and it would take at least four years […]
Renovation Spree Hits Detroit Area Masonic and Hindu Temples
By Veronica Grecu, Associate Editor The Detroit Masonic Temple in the lower Midtown area and several blighted properties in the surrounding area could embark on a $38 million renovation project. According to The Detroit News, a team of state and local brokers is currently establishing the financial aspects of the investment, which could get the […]
MGM Grand Detroit Casino to Be Redeveloped as Detroit Public Safety Headquarters
By Veronica Grecu, Associate Editor During an official ceremony held last week at the former MGM Grand Detroit Casino building, Mayor Dave Bing and Police Chief Ralph Godbee broke ground on the new public safety headquarters for Detroit’s police and fire departments. Built by Las Vegas-based MGM MIRAGE and local investment group Partners Detroit, the […]
Maxitrol Announces $3 Million Expansion Plans
By Veronica Grecu, Associate Editor Maxitrol, a Southfield, MI-based manufacturer of natural gas control systems, announced plans to renovate and expand its corporate headquarters at 23555 Telegraph Road, where the company has 55 employees. Currently, Maxitrol occupies an eight-plus acre site that includes the company’s Administrative, Sales, Customer Service, Tooling & Product Prototyping, and Manufacturing […]
Henry Ford Moves Forward with 300-Acre Expansion in New Center Area
By Veronica Grecu, Associate Editor Henry Ford Health System plans to expand with a new medical facility in the New Center area of Detroit. According to The Detroit News, this project is part of an older initiative that the hospital officials announced two years ago, which called for a multi-million dollar investment in redeveloping the nearby […]