Search Results for:

You are here

Mahindra's Flint ambitions may collide with dwindling pot of ‘Good Jobs' tax incentives
News 1 month ago
Mahindra's Flint ambitions may collide with dwindling pot of ‘Good Jobs' tax incentives

Mahindra's plan would involve this vacant piece of land in Flint that used to be General Motors Co.'s Buick City. The Good Jobs for Michigan...

Share
Detroit Eatz targets Farmington
News 2 months ago
Detroit Eatz targets Farmington

Two Guys from Italy closed its small but robust carry-out restaurant in Hazel Park and its building is being marketed for lease. Two Guys from...

Share
Quicken Loans crews, nonprofit team up on community projects ahead of Rocket Mortgage Classic
News 3 months ago
Quicken Loans crews, nonprofit team up on community projects ahead of Rocket Mortgage Classic

Volunteers from Quicken Loans and the Arab American and Chaldean Council have been painting vacant storefronts, landscaping and picking up trash in...

Share
Detroit Axe to expand to Corktown, Mall at Partridge Creek
News 3 months ago
Detroit Axe to expand to Corktown, Mall at Partridge Creek

Owners of Detroit Axe in Ferndale will swing into Detroit's Corktown neighborhood and Clinton Township with a pair of new locations as they carve...

Share
What's next after $1 billion sale of Greektown Casino-Hotel?
News 3 months ago
What's next after $1 billion sale of Greektown Casino-Hotel?

The $1 billion sale of Dan Gilbert-owned Greektown Casino-Hotel has been finalized. Vici Properties Inc. on Thursday said it completed the...

Share
Hummus & Pita Co. to open first Michigan store
News 3 months ago
Hummus & Pita Co. to open first Michigan store

Specialty roaster New Order Coffee has a lengthy list of plans in the works to expand and tweak its footprint this year. In Royal Oak, construction...

Share
Detroit to pay Morouns $43.5 million for 82.2 acres for FCA project
News 4 months ago
Detroit to pay Morouns $43.5 million for 82.2 acres for FCA project

A deal has been struck to purchase 82.2 acres of land from the Moroun family for $43.5 million for Fiat Chrysler Automobiles' planned $2.5 billion...

Share
Eastern Market's Russell Street Deli says it will close over repair dispute with landlord
News 4 months ago
Eastern Market's Russell Street Deli says it will close over repair dispute with landlord

Russell Street Deli is a prominent Eastern Market restaurant and among businesses in the food district with a new landlord. The sandwich-and-soup...

Share
Palace of Auburn Hills under contract with Schostak Bros., sources say
News 5 months ago
Palace of Auburn Hills under contract with Schostak Bros., sources say

Vacated arena would be torn down to make way for build-to-suit buildings for office, tech Schostak Bros. & Co. is under contract to purchase the...

Share
$22.5 million Villages development moves forward with state loan
News 5 months ago
$22.5 million Villages development moves forward with state loan

The planned development at Kercheval and Van Dyke in the Villages area of Detroit will include 92 residential units and ground-floor retail....

Share
Boutique hotel, condos, apartments planned in two new Midtown skyscrapers
News 5 months ago
Boutique hotel, condos, apartments planned in two new Midtown skyscrapers

A 25-story hotel and condominium skyscraper constitutes the first phase of a $310 million project planned for 3.78 acres of vacant land at Woodward...

Share
Roxbury's Bonstelle Theatre lease OK'd as part of 12-story West Elm boutique hotel project
News 5 months ago
Roxbury's Bonstelle Theatre lease OK'd as part of 12-story West Elm boutique hotel project

The Bonstelle Theatre (right) is being incorporated to an overall $50 million project to bring a 12-story boutique hotel to Woodward Avenue at the...

Share
Proving Grounds Coffee to set up shop in longtime Gayle's Chocolates spot in Royal Oak
News 5 months ago
Proving Grounds Coffee to set up shop in longtime Gayle's Chocolates spot in Royal Oak

Proving Grounds Coffee is growing from its original location in downtown Milford (far left) with a second in Royal Oak. James Courtney (left) and...

Share
Woodward building downtown listed for $22 million by owner that bought it for $700,000
News 9 months ago
Woodward building downtown listed for $22 million by owner that bought it for $700,000

A sale at that price would amount to $396.40 per square foot, compared to only $12.61 per square foot when Sequoia bought the eight-story building...

Share
Jim Brady's in Ann Arbor ready to debut
News 9 months ago
Jim Brady's in Ann Arbor ready to debut

Zach Berg and William Werner, founders of Mongers' Provisions in Ferndale, recently announced the official opening of its second specialty retail...

Share
Rush Bowls aims to open first store in downtown Detroit next year
News 9 months ago
Rush Bowls aims to open first store in downtown Detroit next year

Move is part of a broader plan to launch five locations in Michigan Rush Bowls plans features meals made up of fruits and vegetables, topped with...

Share
Foggy future ahead for the RenCen?
News 10 months ago
Foggy future ahead for the RenCen?

The state's most prominent office complex is at a crossroads. With 5.5 million square feet total across office, retail and hotel space, the...

Share
Welcoming immigrants pays big dividends
News 10 months ago
Welcoming immigrants pays big dividends

In 2003, 19 years after immigrating to Detroit from Iraq, I built my first hotel. It was a Hampton Inn in Detroit's Commerce Township suburb, and...

Share
Miami-based investment firm buys Detroit property, plans new office
News 10 months ago
Miami-based investment firm buys Detroit property, plans new office

Skip to main content Miami-based real estate investor and developer Spider bought a building at 4264 Grand River Ave. and five surrounding vacant...

Share
Gilbert to sell Greektown Casino-Hotel for $1 billion
News 10 months ago
Gilbert to sell Greektown Casino-Hotel for $1 billion

Skip to main content New owners are experienced casino companies Penn National and Vici Properties Deal expected to close in six months Jack...

Share
Lawrence Tech, Southfield to invest in incubator for small manufacturers
News 10 months ago
Lawrence Tech, Southfield to invest in incubator for small manufacturers

Lawrence Technological University and the city of Southfield are banding together to renovate a 6,300-square-foot center to house a business...

Share
Investor buys pair of New Center apartment buildings for $3.5 million
News 10 months ago
Investor buys pair of New Center apartment buildings for $3.5 million

The cost was about $3.5 million total for both properties, Silverman said. The seller was New Center Court Apartments Inc., a corporation with a...

Share
Morouns sell large Corktown building to Dennis Kefallinos
News 10 months ago
Morouns sell large Corktown building to Dennis Kefallinos

The Moroun family has sold a large former cold-storage building near Michigan Central Station to another Detroit property owner known for sitting...

Share
Como's rebirth comes with crusty pizza, whiskey and a multimillion-dollar overhaul
News 10 months ago
Como's rebirth comes with crusty pizza, whiskey and a multimillion-dollar overhaul

Skip to main content Como's rebirth comes with crusty pizza, whiskey and a multimillion-dollar overhaul Ferndale restaurant set to reopen in the...

Share
Brick + Beam Detroit to grow home rehab classes with $150,000 grant
News 10 months ago
Brick + Beam Detroit to grow home rehab classes with $150,000 grant

Brick + Beam Detroit, a program that helps Detroiters undergo the difficult task of home rehab, is signing on official leadership with help from a...

Share
From commodities trading to the candy business
News 10 months ago
From commodities trading to the candy business

Skip to main content Tom Vear and Jen Ray purchased Donckers candy, ice cream and soda shop in 2008 Renovated the historic Delft Theater into a...

Share
U.P.-based CDFI expands to fund businesses statewide
News 10 months ago
U.P.-based CDFI expands to fund businesses statewide

Skip to main content Northern Initiatives founded in 1994 to provide alternatives to traditional lending Since then has financed more than $60...

Share
Marquette broke development records in 2017
News 10 months ago
Marquette broke development records in 2017

Skip to main content Marquette had a record-breaking $700 million in concurrent development projects in 2017 A $300 million hospital project that...

Share
Patterson faces Democrat-majority on Oakland County commission for first time
News 10 months ago
Patterson faces Democrat-majority on Oakland County commission for first time

While the pundits and partisans debate the national scope of the so-called Blue Wave in Tuesday's election, in Oakland County the reality is clear:...

Share
Ace Investment Group grows Detroit apartment portfolio with 114-unit purchase
News 10 months ago
Ace Investment Group grows Detroit apartment portfolio with 114-unit purchase

Skip to main content Shepherd says he wants to create the kind of rental communities investors would pay well for later Detroit-based Ace...

Share