Michigan
Lansing: What a Difference a Few Years Makes
Lansing, MI is finally getting its due, years after the Great Recession ended. Michigan’s capital city is in the throes… Read more
Souave Readying for Mixed-Use Elton Park in Detroit
Souave Enterprises LLC is preparing to launch construction on its mixed-use development in Detroit’s Corktown neighborhood. Dubbed Elton Park, the… Read more
Detroit’s Brush Park Building Sells for a Shade over $1M
The highest bid for a half-acre property in Detroit’s Brush Park – as well as the abandoned buildings sitting atop… Read more
U of Mich. Approves $489M in Construction Projects
The University of Michigan’s board of regents approved $489 million for capital improvements, which will encompass six construction and renovation… Read more
MI Senate Committee Approves Brownfield Proposal
The Michigan Senate’s economic development and international investment committee unanimously signed off on a five-bill package, known as the “transformational… Read more
Michigan EDCs Pushing Plan to Pay for Brownfield Redevelopment
Economic organizations in Michigan, led by billionaire Dan Gilbert’s Rock Ventures LLC, are pushing forward a proposal that would capture state… Read more
Little Caesars’ $150M HQ Starts to Rise
Little Caesars of “pizza, pizza!” fame broke ground on its new, $150 million, nine-story, 234,000-square-foot world headquarters. The building, at… Read more
Meijer Likes Big Boxes, And It Cannot Lie
Meijer, a Midwest retailer offering groceries and other items such as electronics and clothes, continues to move ahead with its… Read more
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
EdR Begins $80M Student Housing at Northern Michigan University
EdR broke ground on a 1,200-bed, living/learning student housing property at Northern Michigan University (NMU) in Marquette, MI. The $80… 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
Rosie the Riveter’s Birthplace Sold for Testing Site
The American Center for Mobility will purchase more than 300 acres of the former Ford Motor Co. Willow Run bomber… Read more
GM Avoids Shutdown, Reaches Agreement with Bankrupt Supplier
General Motors (GM) and Clark-Cutler-McDermott, a Massachusetts-based supplier, reached an agreement in court in Worcester, Mass. that allows GM to… 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
Colliers Brings MI Affiliate into Global Fold
Colliers International Group Inc. has acquired Colliers International West Michigan, a company that serves Grand Rapids, Kalamazoo and the Lakeshore.… Read more
Once-Distressed Evanston Office On Sales Block
Owners of the eight-story office building at 1007 Church St. in Evanston, IL have hired the Chicago office of HFF… 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
Lack of Interest Puts Hold On 150K-SF Twelve Weston
Twelve Weston, a 12-story, 150,000-square-foot office tower planned for downtown Grand Rapids, Michigan, has been put on hold after little… Read more
Dow Under-Construction HQ On Block for $94M
Dow Chemical Co.’s brand-new, under-construction headquarters is on the market, at an asking price of $94.2 million. The Midland, MI-based… Read more