Detroit

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 […]

By Veronica Grecu, Associate Editor
The U.S. Department of Housing and Urban Development (HUD) agreed to remove Detroit from the “troubled designation list” where it had been since 2005. The decision was taken based on the recommendations offered by members of […]

By Veronica Grecu, Associate Editor
With the number of floating workers rapidly increasing in the new economy, the concept of shared workspaces is growing in the country’s major cities and their metropolitan areas. Freelancers, professionals working from home or independent contractors […]

By Veronica Grecu, Associate Editor
According to a report issued this week by Realcomp II Ltd., a real estate information company headquartered in Farmington Hills, Metro Detroit residential real estate continued to fall for the sixth consecutive month. The report, quoted […]