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Development

Dan Gilbert proposes Detroit’s tallest building on old Hudson’s site

February 22, 2017 |

Businessman Dan Gilbert is proposing to build what would be Detroit’s tallest building on the old Hudson’s site.

The project would be many things at once — an architectural icon, a hub for technology and the signature element of Gilbert’s … Read More

What’s Being Built in Ferndale? Check Out These Developments

February 22, 2017 |

Ferndale, MI – Ferndale is the hot spot for development these days, with several apartment buildings and other construction projects in the works. If all these projects are successful, there will be at least 428 apartments as well as an … Read More

Report: Michigan Housing Permits Rise 11.7 Percent in 2016

February 21, 2017 |

Final numbers from the U.S. Census Bureau indicate a total of 15,716 permits were issued throughout Michigan for new home construction in 2016, representing an increase of 11.7 percent over the total of 13,581 permits in 2015. The 2016 year-end … Read More

Wendy’s plans to add 1,000 units by 2020

February 21, 2017 |

Quick-service operator thinks small to grow bigger

Traditional sites are more difficult to open because real estate is more challenged today than it was a decade ago. One-acre sites in high-traffic areas don’t exactly grow on trees. And when they … Read More

FRIEDMAN RECENTLY LISTED A 592-ACRE INDUSTRIAL DEVELOPMENT OPPORTUNITY IN GIBRALTAR, MICHIGAN

February 21, 2017 |

Farmington Hills, Michigan (February 21, 2016) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently listed a 592-acre development located between Vreeland Road, Gibraltar Road and W Jefferson Ave.

This unique … Read More

Oakland County Community Mental Health Authority set to move to $10M Troy building in May, change name

February 21, 2017 |

The Oakland County Community Mental Health Authority will soon be undergoing some major changes.

The mental health authority finalized the purchase of a 141,000 square-foot building in Troy, 5505 Corporate Drive, Friday afternoon, for $10 million.

According to Christine Burke, … Read More

Q4 2016 Commercial and Multifamily Originations Up 20 Percent

February 20, 2017 |

Commercial and multifamily mortgage originations saw a 20 percent spike between the third and the fourth quarters of 2016, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. However, fourth quarter originations were down by … Read More

How Michigan is meeting the increasing demand for locally grown food

February 20, 2017 |

A little over three years ago, Isaiah Wunsch and his family had nearly maxed out the market for the cherries they grow on the Old Mission Peninsula 12 miles north of Traverse City. They thought they had exhausted all their … Read More