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About / News / Detroit

Relief programs for small businesses spin up

Help from entities big and small is making its way to Main Street businesses across Michigan. Beyond the federal $2 trillion stimulus plan signed late last week, the state, Southeast Michigan municipalities and entrepreneurial support entities are pushing forward with their own programs aimed to throw a lifeline to small businesses. Michigan’s economic performance had already been […]

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Detroit Seeks Partners to Rehabilitate Historic Fort Wayne

The city of Detroit’s General Services Department, Parks and Recreation Division is seeking public and private partners to help revitalize and activate Historic Fort Wayne, which sits in the city’s Delray neighborhood. The goal is to make it a high-visibility location adjacent to the future site of the Gordie Howe International Bridge entrance. Partners can […]

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GM’s Detroit-Hamtramck Assembly to Become First Plant Dedicated to Electric Vehicles Through $2.2B Investment

General Motors Co. in Detroit today announced a $2.2 billion investment in its Detroit-Hamtramck assembly plant to produce all-electric trucks and SUVs. The plant will be the company’s first fully dedicated electric vehicle assembly plant. Renovations are expected to begin at the end of February. GM’s first all-electric truck will be a pickup with production […]

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SIGNATURE TEAM CARES VOLUNTEERS AT CAPUCHIN SOUP KITCHEN THROUGHOUT THE YEAR

SOUTHFIELD, MICHIGAN—March 25, 2019— In January 2019, Signature Team Cares created a partnership with Capuchin Soup Kitchen that has allowed many members of Signature Associates to volunteer their time. Throughout the year we have had seven opportunities for teams of 6 people to serve lunch to those in need. Capuchin Soup Kitchen has two locations […]

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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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Detroit Athletic Club may expand footprint north of downtown building

The Detroit Athletic Club is looking into an expansion downtown. What precisely that will include will be hashed out in the next eight to 10 months as Detroit-based architecture and planning firm Rossetti Associates Inc. comes up with a new master plan. That process is expected to begin next month. In an article in its […]

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This hidden real estate sector is the healthiest in metro Detroit

Real estate is always in the news. Whether it’s shops and restaurants in Detroit’s Midtown district, new skyscrapers downtown, or the rising cost of condos everywhere, real estate makes headlines. Industrial real estate, by contrast, rarely gets into the news but for the biggest and most controversial projects. To cite one: Fiat Chrysler’s plan for […]

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Morgue Laboratory Equipment Provider Inks Lease in Detroit

Mopec, a Michigan-based laboratory equipment provider, plans to move into new industrial and office space in the Detroit area next year. The company leased the 63,470-square-foot 800 Tech Row, an industrial property that includes 21,568 square feet of office space, according to Gary Stephens with Signature Associates, which represented the landlord in the deal. The deal was […]

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Detroit seeks development proposals for Cass Park property

The city is seeking proposals from developers to revitalize a vacant, city-owned commercial property in the Cass Park neighborhood. The .86-acre site at Third and Charlotte sits along a major gateway between the city’s central business district and greater Midtown. It’s a short distance to venues including the Masonic Temple, Little Caesars Arena, Comerica Park and Fox Theatre. […]

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California’s Motiv Power Systems Secures $60M Investment to Establish Detroit Operations

California’s Motiv Power Systems, a supplier of all-electric medium-duty chassis for buses and trucks, has secured $60 million in equity funding to open a new engineering and manufacturing facility in Detroit. The Series B round of investment was led by investors GMAG Holdings Corp. and Winnebago Industries and will support the overall growth of the […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 3,000 SQUARE FEET OF OFFICE SPACE IN DETROIT, MICHIGAN

SOUTHFIELD, MICHIGAN—October 21, 2019— Signature Associates has been awarded the representation of 3,000 square feet of office space located at 6200 Second Avenue, Detroit, Michigan. This listing is located directly across from the new Henry Ford Detroit Pistons Performance Center. The building is three stories with a modern feel, complete with high ceilings and large […]

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SIGNATURE LEASES 10,070 SQUARE FEET OF OFFICE SPACE IN DETROIT, MICHIGAN

SOUTHFIELD, MICHIGAN—September 19, 2019— Signature Associates has negotiated the lease of 10,070 square feet of office space located at 7700 Second Avenue, Detroit, Michigan.   Chris Secontine of Signature Associates represented the tenant, American Federation of State, County and Municipal Employees, Council 25 (AFSCME). AFSCME is relocating from 600 W. Lafayette in Detroit after selling […]

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Opportunity Zone investments start to gain foothold

Opportunity Zone investments are getting a foothold in Detroit. In the city, the neighborhoods the most replete with investment — downtown, Midtown, New Center, Corktown, Eastern Market, the Detroit riverfront and others — are squarely in Opportunity Zones, the official name of areas that has become sort of a catch-all term to refer to a […]

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Method Development in Detroit Breaks Ground on Mansion Project in Brush Park

Signature is proud to be playing a part in this great project!   Detroit’s Method Development has broken ground on a $1.8-million project in Detroit’s Brush Park that will rehabilitate a mansion dating back to 1911. Originally a two-family home, the house will be turned into eight apartments expected to be complete by summer 2020. […]

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Book Tower restoration to feature hotel, retail, office space

Bedrock plans to bring the iconic Book Tower back to life with a mix of residential, hotel, retail and office space. New York-based architect ODA was chosen from among 10 firms to lead the design effort in restoring the nearly 500,000-square-foot Washington Boulevard structure originally built in 1916. “We selected them because they have quite a few projects around […]

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WeWork to more than double Detroit footprint with new TechTown space

Co-working space giant WeWork LLC expects to double its Detroit footprint by opening its largest location to date, in the TechTown area of Midtown. The New York City-based company, whose parent is We Co., has signed a lease for more than 91,000 square feet at 6001 Cass Ave. at York Street, Dan Austin, a spokesman […]

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New restaurants, bar coming to RenCen’s old Coach Insignia space

Not one, not two, not three, but four — count ’em — four new dining and drinking concepts will call the top of the Renaissance Center’s central tower on Detroit’s riverfront home come November. James Beard Award-winning celebrity chef Shawn McClain, best known for his work in Chicago and more recently Las Vegas, offered the first details since […]

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City exploring more corporate aviation, industrial use for Detroit airport’s future

The city of Detroit is considering a plan that would transform the underused Coleman A. Young International Airport property for somewhere more than $100 million. A report by city contractor Avion Solutions Group LLC obtained by Crain’s describes a series of proposals the city wants to further explore that are aimed at making the airport that has […]

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Auto supplier plans $55M plant at Detroit Kettering High School site

An automotive supplier that builds interior components, suspensions and grilles for major automakers is planning to open a 600,000-square-foot factory on the site of the vacant Kettering High School on Detroit’s east side, three miles from where Fiat Chrysler Automobiles plans to build the city’s first new automotive plant in nearly three decades. Michigan-based supplier […]

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Walkable Urban Metros Leave the Suburbs Behind

America is walking again. Where are the most pedestrian-friendly economic centers in the U.S. and what’s behind their robust growth? No. 3—a surprise in the 2016 but it continues to be there—is Detroit!   The most walkable urban place in America is … New York. That may not be a big surprise, but the other […]

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Italian automotive supplier plans new manufacturing plant in Detroit

An Italian automotive supplier plans to build a new manufacturing plant in Detroit. Tiberina Group, a supplier of body-in-white and metal stampings for the auto industry, acquired 10 acres of land at the former American Axle & Manufacturing Holdings site on Holbrook Drive on the city’s border with Hamtramck. Tiberina purchased the land from Cleveland-based […]

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Detroit wins over Waymo for self-driving car plant

Google’s self-driving affiliate Waymo LLC will repurpose a former American Axle plant in the city to install fully autonomous vehicle hardware and software into cars, the Alphabet Inc. subsidiary said Tuesday. The move is another signal that next-generation auto manufacturing is continuing to grow in Michigan — and that Detroit possesses the knowledge and the capabilities valued in an auto industry likely to […]

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Developers pledge to keep Eastern Market’s identity even as prices rise

Here’s the dilemma facing Detroit’s Eastern Market. With real estate values and rents rising rapidly in and around Eastern Market, long-time retailers find they can cash out and retire. And owners new and old have more money available now to upgrade their century-old buildings. But that same rapid escalation of property values means long-time retail and […]

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Farmers Restaurant closes following Eastern Market property sale

Farmers Restaurant Inc., a longtime Eastern Market staple, has closed following the sale of its building to landlord Sanford Nelson. Nelson told Crain’s on Wednesday morning that he finalized the purchase of four buildings in the city’s food district on Tuesday for an undisclosed price. He said he plans renovations of all four properties.  He said he […]

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Fiat Chrysler to invest $4.5B in 5 Michigan plants, create 6,500 jobs

City officials have just 60 days to acquire 200 acres of land and secure City Council approval to pave the way for Fiat Chrysler Automobiles NV to open Detroit’s first new assembly plant in nearly three decades. The automaker confirmed plans Tuesday to revive a previously idled engine plant on the city’s east side as part of a $4.5 […]

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Apartments, retail planned for long-vacant Lee Plaza

The city of Detroit plans to sell the long-vacant Lee Plaza to a joint venture that will redevelop the historic building into 180 residential units and retail. The city announced Thursday that it has asked the Detroit City Council to approve the sale of the 1.7-acre site at 2240 W. Grand Boulevard for $350,000 to development partnership […]

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Detroit to revamp 7 business corridors starting this spring

Detroit is finalizing plans to revamp seven business corridors across the city this spring as part of a $125 million campaign to breathe life into its neighborhoods. A request for proposals for the projects will be released later this month. Dozens of city blocks, from the Livernois “Avenue of Fashion” to the heart of Mexicantown, […]

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Commercial property values rise 35 percent in Detroit over past year

Commercial property values in Detroit rose 35 percent between 2017 and 2018 after the city completed its first citywide reassessment of commercial buildings in decades, Mayor Mike Duggan said Tuesday. The overall value of commercial property in Detroit rose $2.96 billion to more than $4.5 billion, according to data from the city assessor’s office. Industrial […]

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SIGNATURE ASSOCIATES HOSTS COMPANY-WIDE VOLUNTEER EVENT AT GLEANERS COMMUNITY FOOD BANK

SOUTHFIELD, MICHIGAN—April 24, 2017— Signature Associates company-wide volunteer effort with 81 Signature professionals from our eight regional offices along with their friends and families gathered at Gleaners Community Food Bank on April 21, in downtown Detroit. Signature Team Cares worked together to touch over 24,000 Southeastern Michigan residents by redistributing and packing food along with […]

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