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development

Companies in Ionia, Oak Park and Spring Lake, Michigan, Plan Expansion

June 1, 2018 |

Three companies are planning expansions in The Great Lake State with support from the Michigan Strategic Fund. The Michigan Economic Development Corporation reported the projects are expected to generate $13.6 million in total private investment and create 243 jobs in … Read More

Economy Watch: Architects Still Busy in April

May 25, 2018 |

The American Institute of Architects reported on Wednesday that its Architecture Billings Index score for April was 52.0, which reflects a healthy business environment for architects and (somewhat later) developers, and even represents a modest uptick compared with March, when the … Read More

New York-based Investor Picks Up 241-Key Hotel in Detroit

April 26, 2018 |

Glenmont Plans $10 Million Renovation for Holiday Inn Express & Suites New York-based Glenmont Capital Management, a private equity investor, purchased a 241-key hotel in Detroit from Newport Beach-CA VIC Partners. The Holiday Inn Express & Suites sold for an … Read More

Fort Lauderdale opens door to develop Cypress Creek ‘urban village’

March 6, 2018 |

For years, Fort Lauderdale’s Cypress Creek Road corridor has been a revolving door of major commercial activity, with big name companies setting up shop, only to leave within a short time. Now, the city’s Planning and Zoning Board has thrown … Read More

Detroit to Get Its First Modern Observation Deck

February 15, 2018 |

Hudson’s project has big plans for observation deck

Detroit — The city will get its first modern observation deck when work is complete on the Hudson’s site project at some point beyond 2020.

The deck will crown the 800-foot tower … Read More

Rebound Detroit! The resurgence is real.

February 5, 2018 |

If there’s a town that can muscle the rest of the deal, it might be the Motor City.

Detroit’s historic David Whitney Building, once a treasure at the city’s gateway, had fallen into such dramatic disrepair that during the bleak … Read More

$20 million Midtown Detroit development planned for Selden Street

August 31, 2017 |

A Detroit development group announced plans today for a $20-million, mixed-use development in Midtown that will span Selden from Second to Fourth.

The nonprofit development group Midtown Detroit  unveiled investment plans for the Selden Corridor Initiative, which … 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