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ROCHESTER, MI-The city could use some mixed-use commercial and residential buildings, leaders say, to create diversity in the Downtown Development Authority area. Architect Sam Dorchen already has met with city officials on one proposal.
DETROIT-The area north of Downtown just needs a few hundred more units to push the interest level to a feverish peak, one that would definitely contribute to revitalization, says Bob Slattery of Midtown Development Group of Detroit.
DETROIT-A local construction official says slot machines also are needed to keep plans for a $200-million development viable. A site's location near Detroit Metropolitan Wayne County Airport should help.
BRIGHTON, MI-The new store in the Brighton Towne Square at Grand River Avenue and I-96 will offer 200,000 entertainment titles. The parent company also says it is closing many Waldenbooks stores to offset losses in that division.
DETROIT-An $8-million park in the Campus Martius project, featuring up to 150 entertainment and culture events per year, would bring tourists and pedestrians to Detroit, says an official with Detroit 300 Conservancy.
DETROIT-Commercial building activity has dropped 44% from July 2001 to July 2002. Overall, the commercial construction market is down $1 billion from last year's first six months figures.
BINGHAM FARMS, MI-The plan approved by Malan Realty Investors Inc. shareholders is expected to take two years to complete. The firm hopes to net up to $8.50 per share for investors.
DETROIT-A prospective bio-medical tenant is getting anxious, saying it is being courted by other technology zones in Kalamazoo and Lansing, areas that are more aggressive about building new projects.
DETROIT-Projects include bus garage in Michigan and mixed-use entertainment, residential and commercial uses going up in Ohio as a result of state financial support.
WARREN, MI-Van Dyke Avenue will be the center of a $300-million Downtown redevelopment to include new industrial, offices, retail and housing, the city says, assuming there are no further challenges to the financing plans.
From Placer.ai
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Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
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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 ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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 TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
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 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