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About / News / Development

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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Moving (even) more upscale: High-end projects changing the face of Birmingham

Developers are changing downtown Birmingham, no more than five stories at a time (per zoning rules). More than a half-dozen projects totaling well north of $250 million are either under construction or in the serious planning phases, working their way through the various city approval processes. In all, they will bring a new luxury hotel, […]

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Industrial Site To Be Transformed: $20 Million Housing Development Proposed In Downtown Auburn Hills

We’re pleased to report that Bacall Development LLC has submitted a development application to the City of Auburn Hills to construct a $20 million multi-family residential development called Fountain Circle of Auburn Hills on 16.4 acres of land generally located north of Auburn Road, east of College Drive.  The project is proposed within the City’s Downtown Development Authority (DDA) District. The luxury apartment […]

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Downtown Lansing to Add Meijer Urban Market, Hotel, Residential Mixed-Use Building

Lansing’s Gillespie Group unveiled a four-story, mixed-use concept in downtown Lansing that is designed to transform the 600 block of East Michigan Avenue at the southeast corner of Larch Street. The project was announced Wednesday. The 150,590-square-foot development is pending approvals. Gillespie Group is working with the Michigan Department of Environmental Quality, city of Lansing, […]

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Developers buy Wixom property, aim for $300 million hotel/water park development

A massive $300 million-plus hotel water park and mixed-use development could be coming to Wixom if a local developer’s grand vision comes to fruition. Wixom-based Damas Group LLC has purchased 82 acres of empty land surrounding its home base at 28345 Beck Road, just north of I-96. The property was sold by Wixom 96 LLC […]

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First major retail center in more than a decade planned

A Commerce Township plan for the first major retail development in Southeast Michigan in more than a decade moved a step closer to becoming a reality last week. The township approved a planned unit development for the mixed-use project last week. As envisioned by developer Robert B. Aikens LLC, the $100 million first phase of […]

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