
Toledo seeks more funds to bring old storefronts back to life
Posted By: The Toledo Blade on March 13, 2023. For more information, please click here to read the source article. The city of Toledo wants to expand two grant programs that have made it financially viable for the owners of long-vacant neighborhood commercial buildings to bring them up to code and get them back into productive use. […]
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Gotion puts battery plant plan on hold in one of two Mich. towns, official says
Posted By: The Detroit News on February 24, 2023. For more information, please click here to read the source article. A Chinese battery plant slated for development in the Big Rapids area appears to be putting plans on hold, at least temporarily, in a township where it was looking to locate its facility, the township supervisor said […]
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Developers team up in Westgate to bring apartments to Sears, Elder-Beerman sites
Posted By: The Toledo Blade on February 28, 2023. For more information, please click here to read the source article. The two out-of-state developers that separately own the old Sears and Elder-Beerman sites in Westgate are joining forces to build apartments and retail on the side-by-side parcels. Plans are still in the design phase, said Liz Holland, […]
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Michigan developer plans to build 192 apartments near Toledo’s Inverness Club
Posted By: The Toledo Blade on February 28, 2023. For more information, please click here to read the source article. A Michigan developer plans to break ground in the coming weeks on a 192-unit apartment complex off Dorr Street near the Inverness Club in Toledo. The approximately $15 million Brailey Apartments project will include six three-story buildings […]
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Asian-themed Project Sakura Novi Adding Korean Steakhouse, 117 Apartments
Posted By: DBUSINESS on January 30, 2023. For more information, please click here to read the source article. Sakura Novi, Michigan’s first Asian-themed, mixed-use real estate development, today announced a lease has been executed for The Dancing Pine Korean Steakhouse, while a joint venture agreement has been executed with Robertson Brothers Homes to build 117 townhouse apartments. The […]
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Townhome, retail development would transform stretch of Wealthy Street in Grand Rapids
Posted By: mlive on January 18, 2023. For more information, please click here to read the source article. A stretch of Wealthy Street SE between Lafayette and Prospect avenues would be transformed with 18 townhomes, two renovated single-family homes, and commercial space under a proposed development plan. The plan, being pitched by Grand Rapids-based Indigo Design + Development, […]
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Buell Motorcycle plans $6M round to invest in new products, add team members
Posted By: MiBiz on December 9, 2022. For more information, please click here to read the source article. The group behind the revival of high-performance brand Buell Motorcycle Co. continues to build out its team, add sales infrastructure and invest in new product engineering and development in West Michigan. CEO Bill Melvin, who led an effort to secure […]
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Grand Rapids OKs incentives for 4 mixed-use developments totaling 200 housing units
Posted By: MiBiz on December 6, 2022. For more information, please click here to read the source article. Grand Rapids city commissioners have approved tax incentives for four mixed-use projects that would add 200 housing units across the city. The approvals include 15-year Neighborhood Enterprise Zone tax exemptions for the Lofts on Grove multi-family project in the […]
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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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Developer outlines $20m, 5-story Utica Junction mixed-use development in Roseville
Posted By: Macomb Daily on November 16, 2022. For more information, please click here to read the source article. A home builder Tuesday night unveiled plans for a $20 million, mixed-use development along Utica Road to be the showcase piece of downtown Roseville. Waref Hawasli, head of Grosse Pointe Farms-based Hawasli Homes presented details for Utica Junction, […]
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‘Unprecedented’ $10M cannabis hospitality project planned in Muskegon
Posted By: MiBiz on November 7, 2022. For more information, please click here to read the source article. A group of Michigan and Chicago-based entrepreneurs are developing a one-stop cannabis destination in Muskegon that would include a growing and processing facility, dispensary, consumption lounge, outdoor venue, restaurant and bar. The $10 million Fields Cannary project would be […]
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Work starts on luxury apartment, retail complex near Toledo Hospital
Posted By: The Toledo Blade on November 27, 2022. For more information, please click here to read the source article. A project to build a luxury apartment and retail complex in Toledo’s former Colony area, near ProMedica Toledo Hospital, is finally moving forward. Work on the $45 million project, on a nearly 11-acre lot off Central and […]
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MEDC Approves $116M for Development Projects Across Michigan
Posted By: DBUSINESS on November 10, 2022. For more information, please click here to read the source article. The Michigan Economic Development Corp. in Lansing approved three major development projects in Flint, Lansing, and Parma representing a total capital investment of $116.5 million from the Michigan Strategic Fund. In Flint, funds will be used for the redevelopment […]
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Amphitheater developer looks to awaited final vote
Posted By: The Toledo Blade on November 14, 2022. For more information, please click here to read the source article. Weeks out from a vote on the proposed Waterville amphitheater project, developer Hunter Brucks is resolved to see the project through until the end. City council’s last meeting on Oct. 26 saw a quasi-judicial hearing in which […]
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Walker officials approve plans for 132K-square-foot distribution center north of I-96
Posted By: MiBiz on October 20, 2022. For more information, please click here to read the source article. The Walker Planning Commission has approved plans for a 132,680-square-foot distribution center north of I-96 that’s part of a larger 76-acre site being repurposed for industrial uses. Traverse City-area developer Mike Kolarevic, of ECEK GRR3.0 LLC, is leading plans […]
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TPS could soon close deals to offload two former school sites
Posted By: The Blade on October 23, 2022. For more information, please click here to read the source article. Long before the board approved formal negotiations in August, Toledo Public Schools administrators had been negotiating to sell two former school properties, emails obtained by The Blade show. Email records from the district show Goodwill Industries and Connecting […]
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Detroit poised to land 500-job parts plant at AMC site, Duggan says
Posted By: The Detroit News on October 12, 2022. For more information, please click here to read the source article. Detroit Mayor Mike Duggan said Wednesday the city is “about to land” a 500-job auto parts plant on the site of the former American Motors Corp. headquarters site on Plymouth Road on Detroit’s west side. “We are […]
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$60M Woodward West Mixed-use Development Opens in Midtown Detroit
Posted By: dbusiness on October 3, 2022. For more information, please click here to read the source article. Detroit Mayor Mike Duggan, city of Detroit officials, and project developers Queen Lillian and The Platform have completed Woodward West, a $60 million new construction mixed-use development in Detroit’s Midtown neighborhood south of Martin Luther King Blvd. “As our […]
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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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Detroit economy overcoming pandemic challenges, faces recession fears, UM report says
Posted By: The Detroit News on August 25, 2022. For more information, please click here to read the source article. The city’s economy is expected to recover from pandemic-related challenges faster than Michigan or the United States overall, even as new recession threats loom, University of Michigan researchers predict. The Detroit Economic Outlook for 2021-27 notes that […]
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Royal Oak officials to consider new way of evaluating developers’ projects
Posted By: Royal Oak Tribune on July 11, 2022. For more information, please click here to read the source article. Royal Oak city commissioners are looking at a different way of assessing some development projects to encourage environmental and other benefits to the community. Commissioners are set to discuss ways of evaluating developments to bring them in […]
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Oakland County Land Bank Launches to Support Economic Development
Posted By: DBUSINESS on July 8, 2022. For more information, please click here to read the source article. The Oakland County Land Bank has been launched to support economic development and help revitalize communities and neighborhoods. “The Oakland County Land Bank Authority enables us to expand our economic development toolkit so that we can directly address property […]
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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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Over 200 acres by Ann Arbor’s Briarwood Mall now zoned for high-density development
The biggest property rezoning in recent Ann Arbor history is now finalized. City Council voted 8-3 Monday night, April 5, to OK reclassifying over 200 acres around Briarwood Mall under the city’s new TC1 transit-corridor zoning category to pave the way for downtown-style development on the city’s south side. “I’m very excited about this step […]
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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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Michigan leaders eye Marshall area land in push for big projects
Michigan officials have increased their focus on a 1,700-acre “megasite” in the Marshall area as the state pursues large and yet-to-be-named economic development projects, according to interviews and records obtained through the Freedom of Information Act. The effort to lure companies to the site, which is near the interchange of Interstate 94 and Interstate 69, […]
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In Birmingham, downtown streetscape project raises parking concerns
When clients visit Chris Habbo’s company, Care Mortgage on South Old Woodward, they’re able to pull up outside, park, and walk in to get an application, drop off paperwork and handle other business. All of that will change this spring when the city begins its $12 million reconstruction project that will reconfigure a half-mile stretch […]
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Franklin Partners purchases sprawling Site 36 in Wyoming for future manufacturers
Franklin Partners LLC purchased the sprawling former General Motors stamping plant in Wyoming known as Site 36 late last month for $5.25 million and plans a new industrial development on the property for multiple manufacturers. Grand Rapids- and Oak Brook, Ill.-based Franklin Partners, doing business as Franklin Site 36 LLC, bought the 74-acre site from the city […]
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SIGNATURE ASSOCIATES AWARDED THE EXCLUSIVE LEASING FOR UP TO 1 MILLION SQUARE FEET OF NEW CONSTRUCTION
Eastland Commerce Center will offer three state-of-the-art industrial facilities HARPER WOODS, MI — Signature Associates is pleased to announce the exclusive leasing representation of the Eastland Commerce Center in Harper Woods. This new Class A warehouse, distribution, and manufacturing campus will include three-buildings ranging from 200,000 square feet to 536,000 square feet, tilt-up concrete […]
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Detroit planners working on industrial property survey
The city of Detroit has, by far, the most new industrial construction underway out of anywhere else in the region. Some 2.75 million square feet is in the ground, according to a fourth-quarter report from the local office of New York City-based brokerage house Newmark. That’s the future. But what about all of its industrial past? That’s the […]
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Ann Arbor OKs industrial development district for Sartorius ‘flex-tech’ project
An area in Ann Arbor’s Research Park has been designated an industrial development district after it was approved by Ann Arbor City Council earlier this week. The resolution to turn 3874 Research Park Drive and four adjacent lots into an industrial development district was passed by City Council on March 7. The land is currently […]
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Construction firm, cannabis company partner on new commercial development on GR’s west side
Construction Simplified plans to move and expand its offices in Grand Rapids in preparation of eventually growing its presence across the country. The construction firm is currently located at 895 W. Fulton St. on the city’s west side. It has a development agreement with John McLeod, co-founder and head of new markets for Cloud Cannabis Co., to […]
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Waterfront hotel, cruise ship dock proposed near downtown Holland
A hotel, restaurants and apartment buildings along the waterfront, a cruise ship dock and more are part of a proposed plan to redevelop the Lake Macatawa shoreline near downtown Holland. The proposed plan calls for a mixed-use redevelopment along Lake Macatawa off of W 8th Street and Washington Boulevard that would include a 50-room hotel, […]
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New construction coming to Reynolds Road
A new building slated for the Reynolds Road corridor marks another new project in an area previously wrought with blight. The Toledo Police Federal Credit Union will invest $1.25 million for the construction of a new 4,200-square-foot building at 2340 S. Reynolds Road near the intersection of Heatherdowns and Reynolds roads. The site once housed […]
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Industrial development district for ‘flex-tech’ facility being considered by Ann Arbor City Council
A biotechnology company and SPARK Ann Arbor are spearheading efforts to create a city industrial development district to encourage growth and provide a tax abatement for owners in the area. The Ann Arbor City Council took public comments at its Jan. 3 meeting about the possibility of creating an industrial development district at 3874, 3990, […]
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Midtown development to break ground in second quarter of 2022
Developers of The Mid, a more than $250 million mixed-use development along Woodward in Midtown, expect to begin construction in the second quarter of 2022, officials said Tuesday. The development on 3.8 acres at 3750 Woodward Ave., was originally slated to open in December 2020. Emery Matthews, one of the developers involved in the project, has previously cited the […]
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Prime Oshkosh riverfront sold to new developer
The former site of the Morgan Door Co., a prime waterfront property on Oregon Street that has been dormant for years, has been sold to a new developer. What happens next at the site is unclear. “Nothing has been submitted to the city for approval,” said Kelly Nieforth, Oshkosh’s director of community development. “It will […]
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Livingston County still waiting on commercial building boom that never came
Jon Savoy took data projections in the mid-’90s to heart when he moved his real estate business, Lee & Associates, to Brighton. He was betting on population growth that came, to an extent, but the commercial building wave that he expected to follow never actually materialized. He has since moved back to Southfield. Around many […]
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Grand Rapids advances $22M brownfield plan for new Spectrum Health campus
City officials have taken another step toward approving $22 million in brownfield incentives for Spectrum Health’s Center for Transformation and Innovation campus. The City Commission’s Community Development Committee recommended setting a public hearing for the $100 million project on Dec. 7 before the full commission. The committee resolution is expected to be approved by the full commission […]
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Former Detroit-owned prison property in Plymouth Township eyed for large new warehouse
The city of Detroit plans to sell off its owned portion of the former Detroit House of Corrections site in Plymouth Township for $5.5 million. If all moves forward under the current plan, the 190.5-acre vacant site would be developed into a 1.2 million-square-foot build-to-suit building by an out-of-state developer that does work for FedEx […]
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Demolition begins on blighted Witmark building in Plainfield Township; property listed for $3.2M
The side wall of the Witmark building came crashing down Thursday as workers began demolishing the blighted building that has sat vacant for about 20 years. Local residents commonly refer to the 45,000-square-foot, boarded up building at 4189 Jupiter Ave. NE as an eyesore. Citing safety concerns, Plainfield Township issued an order to property owner Regency […]
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UPS to occupy 225,000-square-foot building on Glenwood Road
A new United Parcel Service facility will be the cornerstone of a nascent industrial park off Glenwood Road in Rossford for which development is starting to move, Rossford Mayor Neil MacKinnon announced Friday. The mayor said he did not yet have details about how many jobs the 225,000-square-foot facility will generate, but that Scannell Properties, […]
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Mixed-use building set for Junior League site
A mixed-use three-story building is planned for the former Junior League of Birmingham site, and has received preliminary site plan approval by the Birmingham Planning Board. The new building, to be located at 460 N. Old Woodward, received unanimous recommended preliminary site plan approval from the planning board in late July, with conditions that must […]
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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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Shovel-ready state? Push on for site-prep money after Ford plants head south
Gov. Gretchen Whitmer’s administration, economic developers and industry groups are pushing for the creation of a $100 million fund for industrial development on large tracts of land after Tennessee and Kentucky landed $11.4 billion in investments from Ford Motor Co. and a battery maker. The $100 million would give the Michigan Economic Development Corp. a pot of money to […]
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Why self-storage is one of the hottest sectors in real estate
Michael Berger didn’t get the amount he wanted for his self-storage portfolio when it sold last month. The Southfield-based real estate investor got much more. The $170 million sale of his 28 U-Store Management Co. properties to Colorado-based SpareBox Storage is proof positive that the self-storage industry, several decades ago just a blip on the […]
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Residents, leaders hopeful new YMCA will be catalyst for neighborhood
Residents of the Warren-Sherman neighborhood on Monday gathered in the multipurpose room of the Wayman D. Palmer YMCA to share their vision for what a new YMCA should look like in order to best serve the community. The city of Toledo is partnering with the YMCA of Greater Toledo to demolish the existing YMCA and […]
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Automotive ‘country club’ in the works for Howell site
A racecar-loving father-and-son business duo are moving forward with an ambitious plan to bring a multimillion-dollar automotive country club and garage development to a 270-acre site owned by the city of Howell. The project, Motorsports Gateway, calls for 67 private garage suite units along a 2.2-mile, European-inspired road course geared toward local car enthusiasts, said […]
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Chris Webber to build up to $175 million cannabis compound in southwest Detroit
Chris Webber, an NBA Hall-of-Famer, former University of Michigan basketball star and Detroit native, broke ground Tuesday on the first phase of an estimated $175 million cannabis-focused development in southwest Detroit. Webber, a 48-year-old cannabis investor, plans to run industry job training through his partnership with West Coast lifestyle brand Cookies, as well as grow cannabis at […]
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West Michigan Construction Institute facility slated to open in 2022, aid in construction labor shortage
A hub for talent recruitment, skills development and job placement is expected to open early next year in Grand Rapids in hopes of filling the workforce pipeline for West Michigan construction jobs. The West Michigan Construction Institute (WMCI) will be located at 801 Century Ave. SW, west of US-131 in Grand Rapids at Owen-Ames-Kimball Co.’s former equipment yard. […]
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Perrysburg Township project includes restaurants, gym and French Quarter theme
A New Orleans-themed development in Perrysburg Township with restaurants, a coffee shop and gym is under construction and slated to open starting early next year. French Quarter Square will be worth $15-$20 million when finished, said Mike Denman, vice president of developer River Rock Property Group. The property at 10630 Fremont Pike is just east […]
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Ohio awards tech company a tax credit for expected 378 new jobs in downtown Toledo
Ohio has awarded Bitwise Industries a tax credit for its planned downtown Toledo innovation center, which the California tech company pledges will create 378 jobs with an annual payroll of $20.4 million. The Ohio Tax Credit Authority on Monday agreed Bitwise will get a 1.8 percent, 10-year job creation tax credit for its efforts, a […]
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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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First-of-its-kind study of GR to guide long-term development
As the city updates its nearly 20-year-old Master Plan to guide future development, local officials say a first-of-its-kind study last year can help ensure equitable outcomes while providing the best return on investments. Downtown Grand Rapids Inc. commissioned the “Economics of Place” study by Washington, D.C.-based Places Platform LLC, which first presented its preliminary findings to business […]
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Car wash company building $30M headquarters in Holland
VisionQuest Companies plans to begin construction this month on a a $30 million headquarters near the corner of M-40 and Waverly Road. VisionQuest, which owns car wash companies and manufactures car wash equipment, says the new building is expected to be complete by fall 2022. It includes 75,000 square feet of office space and a […]
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TriMas in Bloomfield Hills Expands Packaging Business with New Ohio Facility
Bloomfield Hills-based TriMas Corp. announced today that Rieke Packaging Systems, part of the TriMas Packaging Group, is expanding its North American manufacturing presence by building a 230,000-square-foot facility in New Albany, Ohio, with operations set to commence in the second quarter of 2022. The new facility will be located near Rieke’s current New Albany manufacturing […]
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Royal Oak’s Main Art Theatre has gone dark; Birmingham 8 looks to ‘pick up the slack’
It appears the final credits have rolled at the Main Art Theatre, a Metro Detroit moviegoing staple for decades and a home for independent and arthouse fare that opened film fans’ eyes to a world beyond Hollywood blockbusters. “Landlord kicked us out,” reads the theater’s iconic marquee, along Main Street just north of 11 Mile in downtown Royal […]
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Ruling gives green light to Pontiac marijuana development
A holdup with the city of Pontiac regarding a proposed medical marijuana complex appears to be resolved after an Oakland County Circuit Court judge ruled that the property is appropriately zoned for the venture. Construction is expected to begin in the next two months on the nearly $40 million Glenwood Plaza development, said Joseph Brown, principal of the […]
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An Auburn Hills revival: Main business district sees $55 million in projects and construction
A small stretch of Auburn Road in Auburn Hills is being built out with a raft of new apartments, office and retail space. The main business district between Squirrel Road to the west and stretching a few blocks to the east has about $55 million in new buildings under construction or completed recently across seven […]
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Developer acquires three more properties for massive Sligh factory mixed-use project
A Detroit-based developer recently acquired three properties near downtown Grand Rapids as part of a larger mixed-use plan to redevelop the former Sligh Furniture Co. building. Sturgeon Bay Partners, doing business as JV SBAM SA LLC, acquired 188 Wealthy St. SW, 190 Wealthy St. SW, and 440 Grandville Ave. SW on May 14 for a total […]
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Ford plans to sell popular 26-acre site in Dearborn
Ford Motor Co. expects to finalize the sale this summer of Rotunda Fields, a longtime popular site for community ballgames, Ford Land confirmed to the Free Press on Monday. The 26.62-acre site at Rotunda Drive and Schaefer Road in Dearborn is considered by the company to be “underutilized vacant land,” said Donna Booker, Ford Land spokeswoman. “The sale of this surplus […]
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Developers eye U.S. 131 commerce center
A group of property owners in Hopkins Township are attempting to have approximately 500 acres of land along U.S. 131 annexed to the city of Wayland to allow development for a new West Michigan Commerce Center. Brian Silvernail, realtor associate at Show Grand Rapids Real Estate, said he is representing 13 property owners who signed […]
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Perrigo breaks ground on Grand Rapids HQ
Grand Rapids on Wednesday celebrated the start of a multimillion project bringing Perrigo downtown. Leaders from pharmaceutical manufacturer Perrigo and Michigan State University joined developers for the 1 p.m. groundbreaking ceremony. Perrigo’s new North American corporate headquarters will be at the corner of Monroe Avenue and Michigan Street NE in MSU’s Grand Rapids Innovation Park. The company joined economic […]
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City begins demolition of former Driggs Dairy site
Neighbors rejoiced Tuesday as the city announced it will demolish the former Driggs Dairy site in Central Toledo with intent to redevelop the blighted property into something useful to local residents. The site at 1157 Grand Ave., just east of Detroit Avenue, was where Driggs set up a local milk-processing plant when it expended to […]
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Pandemic delays Cherry Street development
To great fanfare last June, Mercy Health announced that it would continue to revitalize the Cherry Street Corridor by building a mixed-use development on Cherry Street in partnership with local commercial real estate firm NAI Harmon Group. Unfortunately, the announcement was all that has happened thus far. The partners had hoped to complete the development […]
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Pfizer breaks ground on $465M production facility
Pfizer broke ground Wednesday on its $465 million pharmaceutical production facility at its campus in Portage. The New York-based drugmaker broke ground 1 p.m. Wednesday on a modular aseptic processing (MAP) facility at 7171 Portage Road in Portage that will initially manufacture the pain medicine known as Dynastat, which is supplied to several international countries, […]
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$6M coming for development of new industrial park on Jackson County farmland
An industrial development project in Blackman Township is one step closer to breaking ground after getting a nearly $6 million investment from the U.S. Economic Development Administration. The funds will help develop infrastructure around Jackson Technology Park North, a 181-acre plot of farmland along County Farm Road. The Blackman Township Local Development Financing Authority purchased […]
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How busy Troy got an Opportunity Zone to kick-start development
The Top of Troy high-rise along its namesake city’s vaunted retail and office corridor is somewhat deceiving. Sometimes called the PNC Center with the bank’s name emblazoned on the top, it is an homage to capitalism and wealth: 363 feet towering high above the upper middle-class Oakland County city, no building for miles close to […]
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Site Selection Magazine ranks Toledo first in new business investment
Site Selection Magazine has named Toledo No. 1 for new business investment among metropolitan areas with populations between 200,000 and 1 million, a ranking Mayor Wade Kapszukiewicz said the city has never before secured. Toledo tied with Savannah, Ga., for the top spot in the magazine’s Governor’s Cup 2020 awards. The mayor announced the economic […]
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MEDC supports mixed-used development in Holland
The city of Holland received support from the state for a new five-story, mixed-use development project in its downtown. The Michigan Strategic Fund (MSF) of the Michigan Economic Development Corporation (MEDC) on Tuesday approved support for a community revitalization project in Holland that it said will help create a vibrant place that attracts and keeps […]
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Land Bank to seek federal funds for industrial site cleanup
The Lucas County Land Bank board voted Wednesday to submit a first-time application for a $350,000 share of the city of Toledo’s Community Development Block Grant. If awarded by Toledo City Council, the money would be spent on two projects: to beautify an abandoned industrial site next to a central Toledo neighborhood and to stabilize […]
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Grand Action 2.0 reveals plan for riverfront development
Grand Action 2.0 revealed a conceptual plan for riverfront development along a currently underutilized stretch of Market Avenue south of Fulton Street. The business-based, private economic development nonprofit Grand Action 2.0 presented on Wednesday during the Economic Club of Grand Rapids program a conceptual plan that came out of a study commissioned by Grand Action […]
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St. Clair County saw over $95M invested, over 500 jobs created in 2020
Despite the COVID-19 pandemic, St. Clair County continued to see economic growth in 2020 with more than $95 million invested and over 500 jobs created. The Economic Development Alliance of St. Clair County holds a luncheon every February to discuss the year’s financial successes. Although the meeting was held virtually via Zoom Thursday and lunch wasn’t […]
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Slicing construction timeline, Greektown residential tower envisioned in 16 months
Signature Associates is excited to be a part of this new development, for more information click here to see our listing. It was only in June that news was first revealed about a 16-story residential tower planned for Detroit’s Greektown neighborhood, the first new residential units in that area in decades. Now construction of the $64.6 million […]
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Investment totaling $7.1 million to bring 266 new jobs to Ann Arbor area
Two major projects will bring well-paying jobs and new investments to the Ann Arbor area, the Michigan Economic Development Corporation announced on Tuesday. Building on Gov. Whitmer’s Back to Work Michigan plan, the projects are expected to create 266 jobs and generate a total private investment of $7.1 million. Navitas Systems, an energy storage provider, […]
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Arena authority approves option to buy riverfront property for amphitheater in Grand Rapids
The public authority that owns Van Andel Arena is moving forward with a proposed plan to build a 14,000-seat amphitheater in downtown Grand Rapids.The Grand Rapids-Kent County Convention Arena/Authority (CAA) approved an option agreement with the city to purchase part of a 17-acre stretch of property along the Grand River. This is the “second step […]
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St. Clair sells 65 acres of industrial park to auto-parts manufacturer
St. Clair officials finalized a sale for most of the city’s industrial park this week with an auto-parts manufacturing subsidiary of Canadian company Magna International. But the deal is a little less than what was initially discussed, and officials remain mum on the company’s plans. City Council members OK’d the purchase agreement with Dieomatic Incorporated, […]
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Anonymous company considers lot purchase in Triad Business Park
An anonymous company is considering purchasing 6.5 acres of land from the city of Toledo as part of a $300,000 deal that would also contribute to the redevelopment of two historic downtown buildings. The agreement, if approved by Toledo City Council, would allow Louisville Title Agency for N.W. Ohio, Inc., a local title company, to […]
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Perrigo moving its North American HQ downtown
Perrigo is investing $44.7 million to move its North American corporate headquarters to Medical Mile in downtown Grand Rapids in a move that will create 170 jobs. The Right Place, in collaboration with the Michigan Economic Development Corporation (MEDC), Michigan State University, Rockford Construction and the city of Grand Rapids, on Tuesday announced the Dublin-based pharmaceutical […]
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Emerging Tech Complex in Plymouth Township Completes Infrastructure
Land in Plymouth and Northville townships is being prepared for high-tech and research and development companies as part of a development collaborative. The Michigan International Technology Center, an emerging real estate initiative focused on technology companies, has completed critical infrastructure at Ridge 5 Corporate Park, an MITC community in Plymouth Township. The park, a 60-acre […]
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Wacker Chemical Corporation to build headquarters near Ann Arbor
A chemical company is building a new innovation center and regional headquarters in the Ann Arbor area. Wacker Chemical Corporation is investing in a nearly 14-acre site at 4950 S. State St. in Pittsfield Township. The North American Innovation Center and Regional Headquarters will house 300 employees, including those in its Adrian headquarters and 70 […]
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Junior Achievement breaks ground on Grand Rapids center
Junior Achievement of the Michigan Great Lakes is set to break ground on a new $12.9 million Free Enterprise Center. The Junior Achievement Free Enterprise Center at 4090 Lake Drive SE, Grand Rapids, will serve as the regional staff headquarters. The 35,000-square-foot building also will house the three experiential labs for students across West Michigan: Fox […]
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‘New urban community’ proposed for 22-acre site near Ann Arbor
Birmingham-based developer is eyeing a 22-acre site in Pittsfield Township for a mixed-used project. Bob Gibbs of Gibbs Planning Group aims to create a pedestrian-friendly environment at 6464 S. State St., targeting young professionals, families and empty-nesters. Gibbs submitted a proposal for “Sutherland Square” to the Pittsfield Township planning department and expects to share more […]
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Downtown hotel opens at Studio Park
The long-awaited Canopy by Hilton hotel at Studio Park is ready to welcome guests to downtown Grand Rapids. The eight-story, 155-room upscale hotel, which opened Tuesday, was previously announced as a feature of the Studio Park mixed-use development and will be the first Canopy to open in Michigan. At 131 Ionia Ave. SW, Canopy by Hilton […]
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Hudsonville Ice Cream breaks ground on $35M expansion project
Hudsonville Ice Cream is adding 156,466 square feet of freezer space at its 48th St. headquarters in Holland. The $35 million project is expected to be complete in spring 2021. “We take great pride in our ability to reinvest in our home region of West Michigan as we continue to grow the distribution of our […]
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Detroit Looks to Sell State Fairgrounds, Deal Could Bring Amazon Facility to City
The city of Detroit plans to sell 142 acres at the site of the former Michigan State Fairgrounds near the southeast corner of Woodward and Eight Mile Road in Detroit. The proposed deal would bring a 3.8 million square foot facility with more than 1,200 new full-time jobs. The development is slated for completion in […]
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Developers, city partner on downtown Kalamazoo plaza
Treystar, Catalyst Development and the city of Kalamazoo are partnering on a placemaking project for downtown Kalamazoo. Named after the historic Haymarket District where it will be located, Haymarket Plaza will run along the north side of East Michigan Avenue between the Main Street East buildings and the 180 Water St. project. The project is […]
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County seeks $10 million federal grant to renovate SeaGate Convention Centre
The Lucas County Commissioners took a small step Tuesday toward a much larger plan to make the downtown SeaGate Convention Centre more attractive by agreeing to submit an application for a $10 million federal grant. Should the county be approved for the Economic Development Administration grant, which would come under the Coronavirus Aid, Relief, and […]
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The Creamery development in Kalamazoo set be finished January 2021
The Kalamazoo Edison neighborhood was getting a new development expected to open at the beginning of 2021. The development is a 60,000 square foot multi-use, mixed income building named the Creamery. The Creamery was expected to have 48 apartments, with 39 of them being held for affordable housing. “The most critical need we have right […]
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Developer proposes 350 apartments across from Midtown Whole Foods
A longtime Detroit area developer is planning a 350-unit apartment complex on a key site across from the Whole Foods Inc. grocery store in the city’s Midtown neighborhood. Jonathan Holtzman, the co-founder and CEO of Farmington Hills-based City Club Apartments LLC, is proposing the three-building project as part of a broader 7-acre site at the […]
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Office leasing opens in $3M downtown Muskegon development
Office leasing opened in a recently completed mixed-use development in downtown Muskegon that houses restaurants, retail and professional suites. John Essex, managing director of Port City Ventures, which owns Core Realty Partners, said Core Realty Partners began accepting deposits for individual office spaces within the NorthTown 794 development at 794 Pine St. in downtown Muskegon within the […]
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Grand River Aseptic Manufacturing opens $60M fill-and-finish facility
A parenteral contract development and manufacturing organization for the pharmaceutical and life sciences industries completed its 20-month, $60 million expansion. Grand Rapids-based Grand River Aseptic Manufacturing (GRAM) today hosted a private grand opening for its new 61,500-square-foot injectable fill-and-finish facility that is the fifth building in GRAM’s footprint and its third fill-and-finish facility. It is located at […]
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Hotel Seagate to be demolished; Park Inn Hotel rehab planned
In a major shift in development plans for downtown Toledo, the crumbling skeleton of the 19-story Hotel Seagate on Summit Street that was to be renovated this year now will be torn down, and the nearby Park Inn Hotel will be renovated starting later this year with completion sometime in early 2022. The $64.5 million […]
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New retail, entertainment development planned for Levis Commons
n a surprise move, Toledo-based developer Ed Harmon announced Monday that he will break ground in July on a new retail/entertainment development in Levis Commons in Perrysburg. The two-story, 80,000-square-foot development will be located on 4½ acres of vacant ground adjacent to an existing building, known as the Orleans Building, which houses the Benchmark restaurant […]
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Glass City Metropark, International Park to be blended into one big downtown riverfront project
Several actions were approved on Earth Day by Metroparks Toledo board members to keep on track what the organization calls the single most ambitious project in the park district’s history. Perhaps none were more important than the formalization of a marriage between the future Glass City Metropark and International Park, the latter of which was […]
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Chemical company looking at Ann Arbor area to build headquarters
A chemical company looking to open its North American headquarters and research and development facility is eyeing several areas around Ann Arbor after previous attempts to begin construction failed in Pittsfield Township. Wacker Chemical Corporation has received letters in support of a potential development from leaders in Ann Arbor, Pittsfield Township and Scio Township for […]
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A first look at Amazon facility at old Southwyck Mall Location
We are getting a first look at the renderings of the new Amazon facility that will be going in at the old Southwyck Mall location. The new development is expected to take up nearly 60 acres of space and will bring in 10 full time and 100 part-time jobs. The next planning meeting where it […]
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Design plans for Downtown Kalamazoo Justice Facility moving along
Design plans for the new Downtown Justice Facility are moving along, according to designers of the project. According to county documents, the new building will be a five-story, 165,000 sq. foot facility. It will be located next to the Kalamazoo County Administration Building along Kalamazoo Avenue and serve as the consolidated base of County courts, prosecuting […]
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Coronavirus not slowing down most development projects
At least one major economic development project in northwest Ohio is at a standstill due to the coronavirus outbreak, but for now, most developers and officials remain optimistic about the future. Construction workers are exempt from Gov. Mike DeWine’s stay-at-home order, but Cleveland-Cliffs announced last week that it is pausing work on a hot briquette […]
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After $1B invested in St. Clair County in 2019, officials aim to grow
Over $1 billion was invested in St. Clair County in 2019, and county officials are working to keep that momentum going. The Economic Development Alliance of St. Clair County held a luncheon this week with stakeholders, economic partners, community leaders and keynote speaker Amanda McClanahan, Michigan Economic Development Corporation’s chief operating officer. The region’s economic success for 2019 was celebrated, […]
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Roseville accepting proposals for Utica Junction development
Roseville is taking applications from developers who are interested in developing two sites in the Utica Junction area that are owned by the city. Roseville officials are hoping this will help efforts to revitalize the area around Utica Road and Gratiot Avenue. The city also will be offering incentives for certain developments that could help […]
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Key development projects slated to impact Downriver in the years ahead
The Detroit Regional Partnership, an economic development nonprofit, held the Downriver Economic Development Summit on Monday, where a number of new projects impacting the region were discussed. Gordie Howe International Bridge The Gordie Howe International Bridge soon will give travelers a new route between the United States and Canada. An agreement for the new bridge […]
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Muskegon County busy with redevelopment projects
With a $19 million convention center underway, several projects on the waterfront, a micro hotel and some mixed-use buildings, downtown Muskegon has become an epicenter of development activity along the lakeshore. “We are in a historic transformation,” said Dave Alexander, the business development manager for the city of Muskegon. While downtown Muskegon remains arguably the […]
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Ypsilanti Township’s American Center for Mobility to Develop Technology Park
The American Center for Mobility in Ypsilanti Township announced it now has site-ready real estate for the development of a Technology Park at Willow Run. The space will provide opportunities for mobility companies to co-locate next to the center’s already established Smart City Test Center. Since opening two years ago, more than 50 global automotive […]
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Allegan County offers diversity of properties, development opportunities
The various pockets of development in Allegan County make the area difficult to define in broad strokes. To the west, there’s the Lake Michigan shoreline, dotted with high-end homes and the resort community of Saugatuck, as well as a corner of the city of Holland that includes the West Michigan Regional Airport. In the middle of […]
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Fortune 500 company coming to spec building near Toledo Express
Developer Ed Harmon, whose gamble on an industrial spec building at the old Willys Jeep plant site morphed into a bustling industrial park with three auto suppliers and 600 workers, has purchased a vacant spec building near Toledo Express Airport to be used by a Fortune 500 company that plans to hire between 50 and […]
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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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Banking on flex space: Ann Arbor developers plan large speculative project
Cameron McCausland and Joe Vig have formed a new real estate development company planning a 230,000-square-foot speculative project in Ann Arbor costing $60 million to $70 million. The two longtime real estate professionals — McCausland had been a broker with Plante Moran CRESA and Colliers International Inc. for nearly three decades and Vig has his […]
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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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$160M Studio Park opens downtown
Downtown Grand Rapids’ latest attraction now is open to the public. Studio Park celebrated its grand opening today at 123 Ionia Ave. SW. The 62,500-square-foot development offers several dining and retail options, a 200-seat concert venue called the Listening Room, a nine-screen movie theater, luxury lofts and an outdoor piazza. The $160 million project is […]
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Economic development picking up steam in Wood County
Wood County is home to some of the most unique geography and infrastructure in the region, and developers are noticing. Two of the longest highways in the country — I-80/90 and I-75 — intersect in Rossford. CSX operates three lines in portions of the county, and Norfolk Southern runs another. Toledo Executive Airport in Millbury […]
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Caledonia insurance firm coming to Studio Park will bring 400 jobs downtown
Studio Park, the $160 million project just south of Van Andel Arena that includes a movie complex, restaurants, apartments, retail shops and more, on Wednesday announced the tenant of its six-story, $40 million office tower. Acrisure, a Caledonia Township-based insurance, risk management and benefits design firm, will move from its current headquarters to the new […]
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It’s official: Amazon is coming to Rossford
The tenant has finally been revealed for a major economic development project in Rossford, and it’s not a surprise. Amazon.com announced Monday morning that it is building a fulfillment center on 100 acres in The Crossroads, just east of I-75 and north of U.S. 20/23. A second center will be location in Akron. City and company […]
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Former La-Z-Boy site land transfer OKed
A land swap between City of Monroe and Frenchtown Township has been approved; the goal is to redevelop the Telegraph Road property where La-Z-Boy’s headquarters once stood. The Monroe City Council unanimously approved a land transfer agreement Monday that allows the city to move forward on a planned redevelopment of the former La-Z-Boy Incorporated headquarters. […]
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Ferndale approves developer deal for mixed-use parking garage project
A public-private partnership is moving forward to finance and construct downtown Ferndale’s first mixed-use parking garage development. City Council unanimously approved Monday night a development agreement between the city and Royal Oak-based developer Versa Wanda LLC, according to City Manager Joseph Gacioch. Construction started in February on the long-planned, city-financed portion of the approximately $40 million DOT (Development on […]
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Western Michigan prepares to sell sites at business park expansion
Western Michigan University now has the green light to begin selling business parcels in the second phase of the Business, Technology and Research Park. While the preparation of the site itself is ongoing, the university’s Board of Trustees formally established the park’s second phase at its meeting Wednesday, June 26, and granted university officials permission […]
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Mixed-use development, $3.2 million streetscape planned for Hazel Park
As Hazel Park plots to build a downtown, a proposed mixed-use development and $3.2 million streetscape plan could help move the vision forward. A mixed-use apartment building with 33 units and 14,000 square feet of retail is planned for the site of a long vacant CVS store on John R. Road — the city’s main […]
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Farmington Hills’ Dembs Development Constructing Facility in Novi for Sweden’s Hexagon
Dembs Development in Farmington Hills has started construction on a two-story, 88,000-square-foot Technology Center of Excellence at the Beck North Corporate Park in Novi. The facility will be used by Stockholm Sweden-based Hexagon’s Manufacturing Intelligence division and is slated for completion in the fourth quarter of 2019. The division is a global company specializing in […]
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Roseville to host developer showcase for Utica Road corridor
Roseville city officials on Wednesday will host a developer showcase to outline development opportunities along Utica Road, a move that could land a developer for a multi-million building project. Local developers, realtors, state and city officials have been invited to attend the showcase, along with a team of officials from the Michigan Economic Development Corporation. […]
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A look at 6 projects in Grand Rapids authority’s 2020 budget
Renovations at Lyon Square and Calder Plaza, street improvements on Division Avenue, and sprucing up the outdoor plaza near Van Andel Arena are among the priorities outlined in the Grand Rapids Downtown Development Authority’s 2020 budget. Tim Kelly, president and CEO of Downtown Grand Rapids Inc., the entity that oversees the DDA, provided an overview […]
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Could south Ann Arbor’s office district become a second downtown?
It’s easy to see while walking – or driving – around downtown Ann Arbor that vacant space is scarce. According to the Ann Arbor Downtown Development Authority’s (DDA) 2018 State of the Downtown report, downtown office vacancy is at 3.6%, nearly three times less than the city’s average 9% vacancy rate. With downtown nearly at […]
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Toledo Zoo buys land along Anthony Wayne Trail
The Toledo Zoo has purchased a portion of the once heavily contaminated former Jennison Wright property along the Anthony Wayne Trail. The 8.95-acre parcel, previously owned by Ron Gorney as trustee, is part of the larger South Toledo site where the company once processed coal to produce asphalt pavement sealer — the product known locally […]
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Plans for $50 million luxury apartment building, “The Bond”, moving forward in Novi
The development agreement for a $50 million luxury apartment building being proposed in Novi has been approved. Recently, Novi City Council unanimously approved that agreement, which outlines the long-planned development called “The Bond.” The development will include two, four-story apartment buildings in addition to a single story commercial building, a two-story parking structure and other […]
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Birmingham’s massive Bates Street development project hinges on public approval
he Birmingham City Commission approved on Monday night a development agreement with Woodward Bates Partners for one of the largest projects ever proposed in the city, but with conditions. The project, which involves public and private components including demolition and reconstruction of a North Woodward parking structure, extension of Bates Street, a public plaza, and multiple […]
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Kensington Church looks to build Bloomfield campus at Detroit Country Day site
Kensington Church is looking to build another massive campus in metro Detroit after entering a $3 million contract to take over property from Detroit Country Day. The Troy-based nondenominational church is under contract to purchase the private school’s Bloomfield Village Campus at Lahser and Maple roads, said Melissa Thwing, spokeswoman for Kensington Church. The school […]
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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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First Parcel of Detroit House of Corrections in Plymouth Township Sold, Will be Developed into a Technology Business Park
The first parcel, an eight-acre plot, of the former Detroit House of Corrections in Plymouth Township has been sold, according to the Michigan Land Bank Fast Track Authority. “The sale of this property is yet another step forward in ensuring this once dilapidated property is put back into productive use for the Plymouth community,” says […]
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Developers plan $150 million development, 850 jobs at old Ford Wixom plant site
An Ohio-based company is planning a $150 million brownfield redevelopment of a former Ford Motor Co. plant in Wixom that would create 850 new jobs. The project at the 182-acre site would reactivate the property with 1.66 million square feet of commercial/industrial space, according to the Michigan Economic Development Corp. Construction on the first of […]
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Developer of St. Clair Inn snaps up 2 more historic St. Clair County buildings
The California real estate development firm that will finish its $40 million renovation of the historic and iconic St. Clair Inn in St. Clair this summer has been smitten with more of the county’s history. In September, Sherman Oaks, Calif.-based J.D. Market Acquisitions, a real estate broker, developer and property manager that owns or operates […]
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Major development would transform Erwin Orchards property in Lyon Township
Proposals have been shot down over the years but Howard Fingeroot said his plan is something different. Fingeroot, a Oakland County-based developer, will be pitching his mixed-use development proposal to the Lyon Township Planning Commission on Wednesday night. The proposed development, called Cider Mill Village, would transform the nearly century old Erwin Orchards property in […]
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Florida developer seeks $107.5 million payday for City Center property in Troy
The Orlando-based developer of the Troy City Center project is trying to sell the property for $107.5 million. Unicorp National Developments Inc. is marketing the recently renovated 1979 office property plus its new parking deck and retail space at West Big Beaver and Crooks roads through Southfield-based The Jonna Group, a division of Marcus & Millichap Real […]
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- Signature Associates consistently maintains 42% of the market share, completes thousands of transactions and over a billion dollars’ worth of business annually in local, national, and international transactions.
- Signature Associates has 6 veterans or active duty military officers.
- Almost 60% of Signature’s professionals have been with the firm at least 10 years.
- Signature Associates consistently maintains 42% of the market share.
- Signature loves animals! Over 60 professionals have dogs and 20 professionals have cats and collectively we’ve raised thousands of dollars in the last year alone for area animal shelters.
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- Signature Associates and its team donate time and money to over 40 organizations throughout Michigan, Ohio and the United States.
- Signature Advisory and Management Services team performed comprehensive construction management services for projects totaling over $60 million and managed more than 10.7 million square feet of commercial space for our third-party clients, making us the largest locally owned third-party property management firm in the market.
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