Detroit
Detroit’s Metropolitan to Become $32M Element Hotel
Metropolitan Hotel Partners, a joint venture between the Roxbury Group and Means Group, has closed on the purchase of the… Read more
Blighted Detroit Packard Plant Targeted For MXU Redo
A blighted plant on Detroit’s east side could become an active redevelopment site, provided the Detroit City Council approves a… Read more
Middle-, Upper-Income Households Declining in Detroit
The lingering effects of the recession, flatter compensation in labor contracts and two-tier autoworker wage structures have led to a… Read more
Five Teams to Invest $52M in Downtown Detroit Revitalization
Five teams have been selected to redevelop an area known as Paradise Valley in downtown Detroit. The teams, selected by… Read more
Flex-N-Gate Plans $95M Facility in Detroit
Shahid Khan, owner of Flex-N-Gate and the Jacksonville Jaguars, has announced his company will invest $95 million to build a… Read more
San Bernardino’s Bankruptcy Case Nears End
According to U.S. Bankruptcy Judge Meredith Jury, San Bernardino’s municipal bankruptcy case is nearing closure. The almost four-year-old case is in its… Read more
Development OK’d for Former Detroit Store Site
Detroit’s Downtown Development Authority tentatively approved a mixed-use development on the site of the former J.L. Hudson Co. department store.… Read more
Chick-fil-A to Open 20 Michigan Locations
Fast-food restaurant Chick-fil-A will reportedly announce its Michigan expansion at the April 19 groundbreaking of the first free-standing restaurant in the… Read more
1900 Saint Antoine Building Purchased
Bedrock Real Estate Services LLC, owned by Dan Gilbert, has acquired the 1900 Saint Antoine Building in Detroit. Alidade Capital… Read more
Why Detroit is Becoming a Tech Magnet
Technology is helping to spearhead a nice economic recovery in and around the Motor City, according to Midwest Real Estate… Read more
Integra Realty Resources Names New Leadership
Integra Realty Resources, the largest independent firm providing commercial real estate valuation, counseling and market research in the U.S., has… Read more