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LANSING, MI-Oakland County lawmakers insist on having a chance to make a pitch for a 250,000-sf NextEnergy complex, now slated for Wayne State University. The Pontiac Silverdome is among the sites that should be considered, they suggest.
DETROIT-Newport Beach, CA-based PLC Commercial Inc.'s project along 12 Mile Road, near Novi Road and I-96, has about 500,000 sf leased. It expects to have the final 25% open by the holidays, the owner says.
DETROIT-The Main Street Oakland County downtown revitalization project provides funding, training and consulting to help communities rebuild areas. With vacant storefronts and office buildings, Pontiac definitely needs the assistance.
TROY, MI-Construction of mid-size office buildings and leases of industrial space are among the deals transacted in this Detroit suburb. A single-business tax credit worth $2 million goes to Delmia Crop. for its $9.2-million buy of a 41,200-sf building.
DETROIT-The university's regents approve building a 345,000-sf cardiovascular center and 400-space parking deck to augment its already wide hospital research and patient care facilities. Construction is on the site of the "Old Main" hospital.
ROCHESTER HILLS, MI-The 375,000-sf Village of Rochester Hills, formerly the 120,000-sf enclosed Meadowbrook Mall, is now open to greet customers with a main street-type shop setting. It provides this suburb with its own Downtown.
SOUTHFIELD, MI-Universal Image Production, American Financial/Citizens Insurance and Canada Maritime Agencies LTD take space in this suburb of Detroit in lease deals brokered by Friedman Real Estate Group of Farmington Hills, MI.
DETROIT-The 250,000-sf NextEnergy facility at Wayne State's University Research and Technology Park will provide space for research into fuel alternatives. Detroit wrests the new building from a location in the suburbs.
ROCHESTER, MI-ITT Automotive Avon hires Milwaukee-based URS Corp. to remove pollution at the former plant property. City Manager Ken Johnson says the land can then be marketed for new development by new owner Western Knitting Mills.
DETROIT-Commercial Real Estate Women honors ArvinMeritor's 251,000-sf site at Fort Street and Livernois in southwest Detroit's Empowerment Zone for its impact on the community and sparking new development in a downtrodden area.