Detroit

By Veronica Grecu, Associate Editor
A long-vacant movie house in downtown Clawson was recently purchased by Mary Liz Curtin and her husband Stephen Scannell, who co-own Leon & Lulu, a Detroit-area retailer of home furnishings and lifestyle merchandise located next door. […]

By Veronica Grecu, Associate Editor
Detroit’s former Trolley Plaza apartment building, located at 1431 Washington Boulevard, has been rebranded as Detroit City Apartments, according to the Detroit Free Press. Opened in 1981, the Trolley Plaza building was later renamed as Washington […]

By Veronica Grecu, Associate Editor
One week after the Federal National Mortgage Association—better known as Fannie Mae—sued the Riverfront Towers’ owners over an alleged $70 million debt on the loan, plus fees, US District Judge Avern Cohn appointed Ronald Glass of […]

By Veronica Grecu, Associate Editor
More than $15 million in federal transportation grants will be awarded to Detroit Metropolitan Airport in Romulus, announced Sen. Carl Levin, D-Mich., in a press release issued last week. The funds coming from the Federal Aviation […]

By Veronica Grecu, Associate Editor
Representatives of local developer The Roxbury Group and non-profit groups Invest
Detroit and Midtown Detroit programs announced this week the start of the Auburn complex, a 56,000-square-foot residential and retail development that will be built on […]

By Veronica Grecu, Associate Editor
Wayne County officials approved last week a $220 million development project that would replace three current jails with one high-tech facility. The County Commission awarded the project to a joint venture between local developer Walbridge and […]

By Veronica Grecu, Associate Editor
Last week the Detroit Economic Development Corp. approved grants of up to $260,000 in federal tax money for three buildings owned by Dan Gilbert, founder of Quicken Loans. The Detroit News reports that the Dime, the […]

By Veronica Grecu, Associate Editor
Motown’s most noticeable real estate developments and transactions were highlighted by Crain’s Detroit Business in an article published this week that shows the city’s steady economic development progress.
Detroit’s revitalization plan has been focusing on a series […]

By Veronica Grecu, Associate Editor
The Live Midtown incentive program which was launched just eight months ago has almost exhausted its funds totaling almost $1 million. The amount provided by Detroit’s major companies, Henry Ford Health System, Wayne State University and […]

By Veronica Grecu, Associate Editor
The Elevator Building, one of Detroit’s historic landmarks currently offering office and retail space, will undergo major roof transformations with the help of Novi, Mich.-based SRI Energy, a company offering green energy solutions to socially responsible […]