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DETROIT-A massive teardown plan is beginning soon, making way for more available land and cleaner neighborhoods, says Mayor Kwame M. Kilpatrick. Methods have been found to speed up the program, especially abandoned buildings near schools.
DETROIT-Former Bank One of Michigan president Walter C. Watkins Jr. will be the "go-to" person for economic development in the city, says Detroit Mayor Kwame M. Kilpatrick.
JACKSON, MI-The new facility will be built, along with parking deck, with state assistance on a former contaminated property. An $11.9-million tax increment financing proposal was recently approved.
ROMULUS, MI-Grand Sakwa lets an option on the land expire, meaning yet another development proposal has fallen through. Previous plans have included a stadium for the Detroit Tigers as well as a casino.
DETROIT-Automotive supply firms A.W. Tech Center, R.L. Polk and Co. and Plastech opt to stay in state rather than move to other locations after receiving packages totaling $17.5 million in Single Business Tax Credits.
BINGHAM FARMS, MI-A light industrial building in Canton, MI sells for $2.1 million, 8.3 acres in Springfield Township, MI trade for $1.3 million and a 25,000-sf building in Bay City, MI sells for $1 million in deals brokered by Colliers International of Michigan.
DAYTON, OH-Behr America, Inc. needs a fifth US plant for expanded capacities while the automaker divests itself of a 1.1-million-sf parts facility in a deal expected to close at month's end. Purchase price is undisclosed.
DETROIT-The F.W. Dodge Division of The McGraw-Hill Cos. says dollar figure for nonresidential construction is about $318.6 million lower than 2001, even though residential home building is booming.
DETROIT-Michigan places fourth in economic development measuring competition, down from No. 1 last year, even though it still claims it has the most new or expanding business facilities. However, Site Selections Magazine's "Governor's Cup" goes to Illinois.
COLUMBUS, OH-The three-story building, a joint venture between Turner Construction Co. and Elford Construction, with an attached $13-million parking garage should be completed by February 2004.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom Placer.ai
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Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Building Engines
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource