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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

2 metro Detroit companies plan investments totaling $4.4 million

February 17, 2017 |

Two metro Detroit companies are preparing for expansions that are expected to create a total investment of $4.4 million and 129 jobs for the local economy, according to the Michigan Economic Development Corp.

Troy-based Detroit Engineered Products Inc., a global … Read More

Detroit’s Condominium Market Projected to Reach $100M in Sales This Year, New Projects on Horizon

February 16, 2017 |

Detroit’s condominium market is projected to reach $100 million in new and existing sales this year, up from $70 million in 2016, according to The Loft Warehouse, the leading residential condominium broker in Detroit. The company projects 3,350 apartments and … Read More

Ford plans $200M wind tunnel complex in Allen Park

February 15, 2017 |

ALLEN PARK, Mich. (AP) – Ford Motor Co. plans to build a $200 million aerodynamic testing facility in suburban Detroit.

The Dearborn-based automaker announced Wednesday that the wind tunnel complex will be on 13 acres next to Ford’s current … Read More

Hotel performance, development rev up in Motor City

February 8, 2017 |

Sources said Detroit is making a comeback with its acclaimed F&B scene, adaptive-reuse hotels and corporate business.

DETROIT—Historic buildings, an acclaimed food-and-beverage scene, and business from major sports and the auto industry: All of these factors combined make now a … Read More

Multifamily Housing Construction Finished the Year on a Strong Note with 26% Rise in New Starts

January 31, 2017 |

NEW YORK, NY – New construction starts in December slipped 5% to a seasonally adjusted annual rate of $613.0 billion, according to Dodge Data & Analytics. The latest month’s decline for total construction was due to sharply reduced activity for … Read More