Detroit

BIRMINGHAM, MI-Two facilities now offer their owners better use for their dollar as Key Plastics relocates from multiple floors to one and a medical office building receives a $7.3 million loan for refinancing.

DETROIT-The Michigan Economic Development Corp. agrees to arrange tax-increment financing for brownfields in three Michigan cities, where more than $350 million in private investment is expected to follow.

ST. CLAIR SHORES, MI-Jefferson Beach Properties high-rise retail and multifamily project needs preliminary approval by the city. However, the primarily residential Macomb County suburb faces severe budget deficits.

DETROIT-Though property pollution is rampant in Michigan, reuse of former contaminated property is rising to more than $4 billion of investment per year, says the Michigan Department of Environmental Quality.

YPSILANTI TOWNSHIP, MI-K&M Engineering and Consulting Corp. of Arlington, VA plans to build a natural gas-fired plant to sell electricity to service providers. The project would be built on 20 acres bounded by two junkyards.

DETROIT-State development officials travel to South Korea to present their case to

ANN ARBOR, MI-McKinley Associates founder Ronald N. Weiser, developer of 20,000 multifamily units and 7 million sf of commercial space, is selected by President Bush to promote good will in Slovakia.

DETROIT-The smaller of the two grants, $150,000, helps the local Port Authority conduct environmental investigation and limited remedial activities on 35 acres along the Detroit River on West Jefferson Avenue.