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Office-To-Apartment Conversions In Major Cities Quadruple In 4 Years

Posted By: BISNOW on January 22, 2024.  For more information, please click here to read the source article. The number of apartment spaces being created in office buildings across major cities this year has risen to over 55,000, four times higher than the 12,100 under conversion in 2021, according to a new report. The 55,339 office-to-apartment makeovers scheduled for this year mark […]

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$4.7M downtown Perrysburg project will probably displace farmers market in 2025

Posted By: The Toledo Blade on January 25, 2024.  For more information, please click here to read the source article. A $4.7 million downtown beautification project is planned for Perrysburg and will be introduced to the public Wednesday. Business owners and the public are invited to view renderings and ask questions at an open house from 6 to […]

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Bankrupt WeWork owes ex-Detroit landlord $5.1 million, filing shows

Posted By: The Detroit News on November 7, 2023.  For more information, please click here to read the source article.   Nearly a year after closing its space in Midtown, WeWork has filed for Chapter 11 bankruptcy, with documents showing that owes its former landlord the Platform $5.1 million in lease termination fees. The Detroit-based developer is among […]

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Some are taking advantage of Detroit’s slow office space market

Posted By: The Detroit News on July 19, 2023.  For more information, please click here to read the source article. At the Marko Law office downtown, attorneys are settling into their new office space. The lobby is prepped to receive a Detroit-themed mural and a conference room awaits a Spanish woodworker’s large table top that will be delivered […]

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Space Constraints

Posted By: DBUSINESS on May 18, 2023.  For more information, please click here to read the source article. Fifty years ago, downtown Detroit staked its economic revitalization to the Renaissance Center. It was a stretch project if ever there was one — a $357-million Hail Mary that Henry Ford II, then chairman and CEO of Ford Motor Co., […]

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Oakland County to purchase land for downtown Pontiac campus

Posted By: The Detroit News on May 29, 2023.  For more information, please click here to read the source article. Oakland County has proposed a downtown redevelopment partnership with the city of Pontiac that would move several county operations and as many as 600 employees from the current Oakland County campus of 45 buildings in northwest Pontiac […]

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Pedestrian bridge, $65M private development are the catalysts for Wyoming’s new downtown

Posted By: mlive on April 24, 2023.  For more information, please click here to read the source article. The 28th Street corridor in Wyoming was once a hub of entertainment and shopping in the greater Grand Rapids area. With West Michigan’s first multiplex cinema and first shopping mall, it was the place for family and friends to gather […]

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Developer releases details of apartment complex on old Joe Louis Arena site

Posted By: The Detroit News on April 26, 2023.  For more information, please click here to read the source article. Sterling Group, developer of the high-rise apartment complex that’s taking shape on the site of the former Joe Louis Arena, released new details about the project Wednesday as it prepares to begin pre-leasing this summer. The Residences at […]

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‘Positive trajectory’: Office return builds hope for downtown Detroit businesses

Posted By: The Detroit News on January 24, 2023.  For more information, please click here to read the source article. With businesses starting to encourage or require in-office work, downtown is expected to be its busiest this year since the pandemic sent office workers home in March 2020. Next week, thousands of General Motors Co. employees will descend […]

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Developers detail $1.5B District Detroit mixed-use plan

Posted By: The Detroit News on November 29, 2022.  For more information, please click here to read the source article.   Community members who met with developers Tuesday evening to hear about the proposed $1.5 billion joint venture between the Ilitch family organization and developer Stephen Ross had key questions about the mixed-use development plan including affordable housing, […]

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Mike Epps to open One Mike comedy club in downtown Detroit’s old Punch Bowl Social space

Posted By: Detroit Free Press on November 16, 2022.  For more information, please click here to read the source article.   Star comedian Mike Epps is set to launch a multipurpose entertainment and dining establishment in downtown Detroit. One Mike, a comedy and music club, will open at 1331 Broadway St. in Detroit, a $1.5 million property that […]

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A record-setting day at REjournals’ 8th annual Detroit Commercial Real Estate Summit

Posted By: REjournals on November 8, 2022.  For more information, please click here to read the source article. Signature Associates’ Joe Hamway was proud to be a member of Detroit Market Sector panel. It was a record-breaking event. More than 200 of the top commercial real estate professionals working the Detroit market attended REjournals’ 8th annual Detroit Commercial […]

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Blue Cross Blue Shield signs 7-year lease extension in downtown GR

Posted By: MiBiz on November 10, 2022.  For more information, please click here to read the source article.   Blue Cross Blue Shield of Michigan has signed a seven-year lease renewal for its downtown Grand Rapids headquarters, providing a sign of confidence amid widespread uncertainty in downtown commercial office space. Blue Cross Blue Shield, which leases the building from Rockford […]

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10-story downtown GR development would include 432 apartments, food hall, retail

Posted By: mlive on October 10, 2022.  For more information, please click here to read the source article.   A Chicago-based developer plans a 10-story building along Division Avenue in downtown Grand Rapids that would include more than 400 apartment units, retail and restaurant space. Jon Morgan, co-founder and principal of Chicago-based Interra Realty, is the developer for the […]

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Developers, officials celebrate Midtown Detroit apartment-retail complex

Posted By: The Detroit News on September 28, 2022.  For more information, please click here to read the source article.   A decade ago, developers set out with plans to construct an office building on the corner of Woodward and Stinson in Midtown. After they scrapped those plans and pivoted to residential, Woodward West welcomed its first tenants […]

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Huntington Bank opens 21-story building in downtown Detroit

Posted By: The Detroit News on September 21, 2022.  For more information, please click here to read the source article.   About 100 political leaders and community members gathered Wednesday to celebrate the opening of a new office building downtown that will house Huntington Bancshares’s commercial banking headquarters. The 21-story Huntington Tower held hundreds of bank employees and […]

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Mount Clemens receives state funding to overhaul Cherry Street Mall

Posted By: Macomb Daily on September 24, 2022.  For more information, please click here to read the source article.   A key stretch of downtown Mount Clemens is in line for a major overhaul that officials say will enhance its appearance, eliminate structural obstacles for area shops, and improve the overall business environment. Earlier this month, the city […]

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Four developers shortlisted to redevelop Toledo’s Spitzer, Nicholas buildings

Posted By: Toledo Blade on September 22, 2022.  For more information, please click here to read the source article.   The Lucas County Land Bank said Thursday that four developers have been formally shortlisted to redevelop the Spitzer and Nicholas buildings in downtown Toledo. Eight development teams submitted initial proposals. The four finalists will be invited to submit […]

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Downtown businesses expect boost from Detroit auto show’s return

Posted By: The Detroit News on September 15, 2022.  For more information, please click here to read the source article.   As the North American International Auto Show makes its return to Detroit this week for the first time in more than three years, hotels, restaurants and retailers in the city’s central business district say they’re ready and […]

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Michigan gets $105M grant from feds to turn I-375 in Detroit into boulevard

Posted By: The Detroit News on September 15, 2022.  For more information, please click here to read the source article.   Michigan is receiving a $104.6 million grant from the U.S. Department of Transportation toward its plans to eliminate the sunken I-375 freeway through Detroit and replace it with a lower-speed boulevard at city-street level. The grant is a […]

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Here’s what to know about seven downtown Toledo redevelopment projects

Posted By: The Toledo Blade on September 7, 2022.  For more information, please click here to read the source article.   Toledo leaders say they hope redeveloping two of downtown’s largest and oldest buildings, the Spitzer and Nicholas, will spur additional investment in the area. Much of downtown could use such a jolt: Despite the revitalization of the […]

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Oakland County municipalities seeing big economic benefits from marijuana sales

Posted By: The Oakland Press on July 11, 2022.  For more information, please click here to read the source article.   For some Oakland County communities, the economic windfall promised when recreational marijuana was legalized statewide is coming true. State data shows that some are seeing big returns and officials say the investments are paying off. Take Hazel Park. […]

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Majorel chooses site for downtown Detroit office

Posted By: The Detroit News on August 1, 2022.  For more information, please click here to read the source article.   Majorel, a customer experience management company, announced Monday it has selected a location in downtown Detroit for its office space. The company’s office at 211 West Fort St., with space for up to 600 employees, is expected to open […]

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Investors looking to revitalize Toledo’s oldest neighborhood

Posted By: WTOL11 on July 28, 2022.  For more information, please click here to read the source article.   Signature Associates’ Rob Keleghan is proud to be a part of this amazing project.   A short trip north on Summit Street from downtown will lead right to the historic Vistula neighborhood.  It’s one of the oldest neighborhoods […]

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Lockton Opens Downtown Detroit Office to Accommodate Growth

Posted By: dbusiness on July 26, 2022.  For more information, please click here to read the source article.   Lockton, an insurance brokerage firm headquartered in Kansas City, has announced a new office in downtown Detroit designed to increase its footprint in the city and accommodate its growing team. Set in the heart of the historic Paradise Valley […]

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Main Art theater demolished Monday afternoon in downtown Royal Oak

Posted By: The Detroit News on July 25, 2022.  For more information, please click here to read the source article.   The curtains were literally coming down Monday afternoon on the Main Art theater in Royal Oak as a crew worked to demolish the 80-year-old venue, a  showcase of independent cinema in Metro Detroit since the 1990s. Red curtains […]

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New rendering released for multi-family complex on former Joe Louis Arena site

Posted By: The Detroit News on July 25, 2022.  For more information, please click here to read the source article.   A new rendering of a multi-residential complex under construction on the site of the former Joe Louis Arena has been posted on online.  You can see it here. A single image on the site, 600associates.com, shows what […]

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Old South Woodward reconstruction progresses in Birmingham

Posted By: The Detroit News on July 11, 2022.  For more information, please click here to read the source article.   Work continues on the reconstruction of Old South Woodward, the third phase of infrastructure improvements addressing aging infrastructure in downtown Birmingham. The $12 million project, stretching from Brown Street to Landon Street, is scheduled to be completed in […]

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Two of Toledo’s original ‘skyscrapers’ are finally ready for redevelopment

Posted By: The Toledo Blade on July 18, 2022.  For more information, please click here to read the source article. Toledo officials this week will formally start hunting for developers who want to transform the Spitzer and Nicholas buildings — two of downtown’s oldest and largest structures — into apartments, shops, or other uses. The Lucas County Land […]

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Twisthink chooses Grand Rapids for new headquarters

Posted By: Grand Rapids Business Journal on June 24, 2022.  For more information, please click here to read the source article. Signature Associates’ Chip Hurley is proud to have been a part of this deal.   A digital consulting firm will relocate its West Michigan headquarters.  Holland-based Twisthink on Thursday, June 23, disclosed plans to move into the Doug Meijer […]

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Is Pontiac on the cusp of a development boom?

A $300 million-plus plan to bring more than 1,000 residential units to a long-vacant waterfront site in Pontiac is perhaps the splashiest proposed development in the city in recent memory. But throughout the city, a grab bag of new residential, commercial and industrial construction, as well as renovations and redevelopments, has percolated in recent years. […]

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5-story retail, residential project planned near historic Birmingham post office building

Big plans are in store for a historic building on the west side of downtown Birmingham. A mixed-use development is planned for the parking lot adjacent to the old post office at 320 Martin St. The planned five-story building would include retail space on the bottom floor, with space on upper floors dedicated to both office […]

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Metro Detroit summer development guide 2022: Openings, closings, renovations abound

With the dust of COVID-19 finally beginning to settle, commercial development in metro Detroit is once again bustling. Big plans are in store for several the area’s shopping malls and office buildings, many of which were left abandoned or under-utilized during the peak of the pandemic. Read on to see what’s in store for notable […]

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Sylvania gears up for construction, including ‘transformational project’ downtown

Multiple road projects are underway, beginning, or ending soon in Sylvania, with plans for new streetscapes, reconstructions of intersections, and upgrades to aging infrastructure. Officials are starting the design process for a new and updated streetscape on Main Street, Sylvania Mayor Craig Stough said on Thursday, and it’s possible that project could connect with the […]

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Grand Rapids envisions theater nearly the size of Pine Knob — right downtown

Home to an arena, convention center and several smaller concert venues, Grand Rapids has no shortage of entertainment options, but city leaders say a proposal for a $116 million outdoor amphitheater that would sit on the banks of the Grand River on prime downtown real estate is expected to spur $474 million in economic impact […]

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Council approves plan for community entertainment districts

Toledo City Council on Tuesday unanimously approved plans to establish seven new community entertainment districts in an effort to bring more business and attract more residents to the downtown area. The districts are designated areas that will open the door for more liquor licensing and allow for a mix of entertainment, retail, social, and cultural […]

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Fowlerville getting $3.7 million apartment and commercial development downtown

A local couple is preparing to break ground on a more than 13,500-square-foot commercial and apartment building in downtown Fowlerville. The Michigan Strategic Fund board on Tuesday approved a $1.45 million loan through a Michigan Economic Development Corporation program, which will help them finance the estimated $3.7 million construction project. Jennifer Cooke and her husband, Dan — […]

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Toledo looks to expand downtown community entertainment districts

The number of community entertainment districts in the downtown area could grow substantially if a new proposal is approved by Toledo City Council. Community entertainment districts are designated areas consisting of a combination of entertainment, retail, social, or cultural businesses with access to additional liquor licensing. The Regional Growth, Development and Small Business Enterprise Committee […]

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Majorel to bring up to 500 jobs to Detroit, open office downtown

The City of Detroit and Majorel, a customer experience management company, announced Thursday that the company will open an office in downtown Detroit. The move will create up to 500 jobs paying a minimum $17 an hour with benefits, according to the company. Majorel, which is based in Luxembourg and employs 69,000 people in 35 countries, according to its […]

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One-time Birmingham Google office sells for $46.75 million

The downtown Birmingham office building that once housed Google Inc.’s local sales force has sold. The sale of the 126,000-square-foot office and retail building at 325 N. Old Woodward Ave. closed earlier this month for $46.75 million, said Simon Jonna of The Jonna Group, a division of Colliers International Inc. which worked on the deal. […]

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SIGNATURE ASSOCIATES LEASES ICONIC LINDA DRESNER BUILDING IN BIRMINGHAM

Signature Associates is pleased to confirm the lease on the former Linda Dresner store on W. Maple Road to Serena & Lily.  Boji Group purchased the iconic building on the corner of Maple and Bates streets, renaming the building MapleBates. Boji Group secured the lease in November of 2021 with the assistance of Signature Associates’ […]

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Release of state funds for redeveloping contaminated sites has created a buzz in Toledo

Lucas County leaders hope that a share of the $350 million in state money available this year to clean up contaminated sites could lead to the future redevelopment of the Nicholas and Spitzer buildings downtown. Known as brownfield sites, their legacy of pollution at such properties often stands in the way because of additional redevelopment […]

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Downtown Birmingham sees surprise surge of new retailers

While some downtowns, malls and shopping centers struggle to recover from the impacts of the COVID-19 pandemic on in-person shopping and office space needs, Oakland County’s downtown Birmingham is emerging as a bright spot. The sidewalks and parking structures are busy once again with visitors and downtown workers on lunch break, and at least eight retailers and four new food establishments have in recent […]

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As Fort Industry Square nears completion, developer set to tackle Nasby Building

Renovating and remodeling Fort Industry Square, comprising 13 buildings with 13 different floor plans hasn’t dissuaded Kevin Prater from taking on what some could see as an even more daunting challenge. “This has probably been the most difficult project I’ve ever done,” the owner of Prater Development Ltd. told an audience of about 100 at […]

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New seafood-centric restaurant opening in Birmingham

A new restaurant with a heavy influence on seafood from the Mediterranean is set to open in downtown Birmingham. Debuting Wednesday is Mare Mediterranean, a seafood-forward restaurant with an influence from Greek, Italian and Spanish flavors. Restaurateur Nino Cutraro partnered with Jay Feldman of the Feldman Automotive Group to open the new spot. Cutraro also owns nearby […]

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State approves financing for $13.2M, 52-unit mixed-use project in Kalamazoo

State officials have approved a loan and brownfield incentives for a $13.2 million, five-story mixed-use development planned at a former industrial site north of downtown Kalamazoo. The project development team of 619 LLC was formed by Jeff Nicholson, Craig Bush and David Michal Scott to construct a five-story structure on 1.4 acres at 619 Porter St. Nicholson […]

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Brick-by-brick: Plans for tech hub at former Jefferson Center move forward

Every week, Monday through Friday, like clockwork, Tammi Sherman takes a drive around the former Jefferson Center — a vacant building with rich history, bounded by four downtown streets in Toledo. While others who pass by may only see a 110-year-old building that has sat uninhabited for years with railings rotting out from the bottom, […]

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SIGNATURE ASSOCIATES AWARDED THE EXCLUSIVE SALE & LEASING OF DETROIT’S ICONIC WATERFRONT CAMPUS

The ICON is a 420,000 sq. ft. world-class, multi-use campus on Detroit’s riverfront.   Signature Associates is pleased to announce the exclusive sale and leasing representation of The ICON in Detroit. This office/tech campus is comprised of an eight-story office tower, three-story conference center and three-story atrium lobby. The ICON is a multi-use campus ideal […]

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Oregon Economic Development Committee discusses town center project, future

As part of Oregon’s new town-center project’s first phase, construction of a new roadway off Pickle Road is scheduled to begin at summer’s end. The Oregon Economic Development Committee met Thursday to discuss that project as well as the status of Oregon’s industrially zoned property and what kind of projects might be in its future. […]

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Plan for home furnishings retailer RH in downtown Birmingham moves forward

Two years after Birmingham voters nixed a proposal to build a new parking deck that would help bring RH (formerly Restoration Hardware) to downtown, another plan appears closer to reality. The city’s planning board voted Wednesday to recommend approval of the final site plan and special land use permit for the building that would house […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 75,206 SQUARE FEET OF OFFICE SPACE IN DETROIT, MICHIGAN

SOUTHFIELD, MICHIGAN—December 10, 2019— Signature Associates has been awarded the representation of 75,206 square feet of office space located at 1155 & 1333 Brewery Park Boulevard, Detroit, Michigan. This is a premier office campus located in the heart of Downtown Detroit and just steps away from Eastern Market. The one-of-a-kind site is also easily accessed […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 6,780 SQUARE FEET OF RETAIL SPACE IN BIRMINGHAM, MICHIGAN

SOUTHFIELD, MICHIGAN—November 18, 2019— Signature Associates has been awarded the representation of 6,780 square feet of retail space located at 670 S. Old Woodward Avenue, Birmingham, Michigan.   Angela Thomas and Erica Dunlap, the ÆRES Team of Signature Associates, are the listing brokers representing the owners, Azar and Hormoz Allzadeh. About ÆRES Team The ÆRES […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 5,344 SQUARE FEET OF RETAIL SPACE IN BIRMINGHAM, MICHIGAN

SOUTHFIELD, MICHIGAN—July 30, 2019— Signature Associates has been awarded the representation of 5,344 square feet of retail space located at 100 S. Old Woodward Avenue, Birmingham, Michigan. This is the hottest corner in Downtown Birmingham. We are excited to attract the right tenant to the space and are focusing efforts on luxury brand retailers.   […]

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