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A neighborhood perspective: How The Platform is thinking differently about Detroit development

June 21, 2017 |

Shortly after developers Peter Cummings and Dietrich Knoer partnered on purchasing the New Center’s iconic Fisher and Kahn buildings in 2015, Knoer extended a rather unusual invitation to Cummings: a 4:30 a.m. breakfast at Eastern Market.

Cummings agreed to the … Read More

Growing Demand Pushes Need for 4.6 Million New Apartments by 2030 According to Recent Study

June 13, 2017 |

WASHINGTON, DC – Delayed marriages, an aging population and international immigration are increasing a pressing need for new apartments, to the tune of 4.6 million by 2030, according to a new study commissioned by the National Multifamily Housing Council (NMHC) … Read More

In Detroit, Anyone Can Be a Real Estate Developer

June 13, 2017 |

(Bloomberg)—An urban revival has to start somewhere, and in the case of Detroit, that place has been downtown.

Coming out of the Great Recession, a handful of real estate developers invested heavily in a bid to lure corporate employers—and, more … Read More

Florida ranked in top five states for commercial real estate development, Jacksonville reflects state trend

May 8, 2017 |

Florida is ranked among the top five states in terms of commercial real estate development in 2016, and Jacksonville is reflecting the state trend, according to a new study by the National Association of Industrial and Office Parks for the … Read More

Detroit’s Packard Plant rehab breaks ground next month

May 1, 2017 |

The much-anticipated redevelopment of Detroit’s old Packard Plant, long an emblem of the city’s industrial glories and their subsequent fade, is set to begin next month with a groundbreaking on the first of four planned phases.

The May 16 groundbreaking ceremony will be open to the public. … Read More

6 U.S. Cities to Watch in 2017

April 20, 2017 |

When it comes to American cities, New York, Chicago, and Los Angeles dominate the market—and the conversation. Yet the Big Three continuing to grow more crowded (and more expensive) has proved advantageous to other cities across the country, which attract … Read More

Detroit’s downtown revival is real, but road to recovery remains long

April 17, 2017 |

So you think Chicago is a tale of two cities? The gulf between its booming downtown and its violence-plagued neighborhoods is nothing compared to the gaps that a visitor witnesses in Detroit.

Along Woodward Avenue, Detroit’s main drag, a new … Read More

Commercial Real Estate Development Created 6.25M Jobs in 2016

April 17, 2017 |

The development, construction and ongoing operations within commercial real estate supported 6.25 million American jobs and pumped $861 billion into U.S. GDP during 2016, according to the annual study “Economic Impacts of Commercial Real Estate,” published by the NAIOP Research … Read More