Target set to open supply chain facility at former Michigan State Fairgrounds in Detroit
Posted By: The Detroit News on July 10, 2023. For more information, please click here to read the source article. Target Corp. intends to open a supply chain facility in Detroit on the site of the former Michigan State Fairgrounds in an area where a historic building recently was razed, the retailer confirmed Monday. The facility will be […]
Ohio awards $2.7M in historic tax credits to three Toledo revitalization projects
Posted By: Toledo Blade on June 29, 2023. For more information, please click here to read the source article. More than $2.7 million in Ohio historic tax credits will help revitalize three buildings in the downtown Toledo area, state officials announced Thursday. The largest local tax credit award, worth $1.35 million, will help rehabilitate the remaining bays and […]
Cameron Mitchell and Local Partners to Reopen Big Rock Chophouse in Birmingham
Posted By: DBUSINESS on June 8, 2023. For more information, please click here to read the source article. Cameron Mitchell Restaurants today announced it will reopen the Big Rock Italian Chophouse at 245 S. Eton St. in Birmingham, set in the former Grand Trunk Western Railroad Depot, in the summer of 2024. The project is a joint venture […]
Downtown Vistula District continues to revitalize in historic area
Posted By: WTOL11 on May 19, 2023. For more information, please click here to read the source article. The Vistula Historic District is one of the oldest neighborhoods in Toledo and is known as the gateway to downtown. So, developers are working to revitalize it. Developers have invested millions in new commercial and business spaces to blend the old with […]
New Restaurant Planned for Former Big Rock Chophouse in Birmingham
Posted By: DBUSINESS on May 5, 2023. For more information, please click here to read the source article. A new restaurant and banquet facility planned for the former Big Rock Chophouse, set in an historic train station at the north end of the Rail District in Birmingham, is going through the municipal approval process. The new owners, […]
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. […]
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, […]
Land bank picks Cincinnati developer to overhaul two Toledo ‘skyscrapers’
Posted By: Toledo Blade on January 11, 2023. For more information, please click here to read the source article. The Lucas County Land Bank on Wednesday chose a Cincinnati developer that it hopes will eventually transform two of downtown Toledo’s oldest and largest office buildings — the Spitzer and Nicholas — into hundreds of apartments and ground-level commercial […]
Retail, apartments in plan for revival of Burt’s Theatre site
Posted By: Toledo Blade on December 28, 2022. For more information, please click here to read the source article. Burt’s Theatre, better known by its most recent incarnation as Caesar’s Showbar, has been awarded a $908,360 state tax credit toward its renovation into retail and housing space, the Ohio governor’s office announced. The $8.3 million renovation of the […]
Moro’s of Allen Park, long-standing Italian restaurant, up for sale after 42 years
Posted By: Detroit Free Press on October 17, 2022. For more information, please click here to read the source article. Justin Gaffrey and Bruce Baja of Signature Associates are handling the sale of this property. Moro’s of Allen Park, an Italian eatery known for its tuxedoed servers, is up for sale, according to a listing on Loopnet.com. The […]
Four developers shortlisted to redevelop Toledo’s Spitzer, Nicholas buildings
Posted By: Toledo Blade on September 22, 2022. For more information, please click here to read the source article. The Lucas County Land Bank said Thursday that four developers have been formally shortlisted to redevelop the Spitzer and Nicholas buildings in downtown Toledo. Eight development teams submitted initial proposals. The four finalists will be invited to submit […]
East Toledo’s Masonic Temple, vacant for decades, will soon be senior apartments
Posted By: The Toledo Blade on July 2, 2022. For more information, please click here to read the source article. It’s the second big project by ARK, which also turned the old Wonder Bread bakery into housing East Toledo’s former Masonic Temple has sat vacant for at least two decades, a fact that would be easy to guess […]
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 […]
Pinnacle Construction plans $13M historic renovation for riverside apartment, office development
Pinnacle Construction Group Inc. plans to renovate historic buildings next to its Grand Rapids headquarters along the Grand River to create a 12-unit affordable apartment building with office space. The approximately $13 million project at 974 Front Ave. NW on the west side of the Grand River would be LEED-certified with apartment units that achieve 60 […]
Royal Oak Planning Commission backs plan to demolish beloved Main Art Theatre
The Royal Oak Planning Commission recommended demolishing the Main Art Theatre in favor of a five-story mixed-use building in a 4-2 vote Tuesday night. The public meeting included a presentation of the proposed building plan and roughly one and a half hours of public comments, mostly from those in support of the theater. Main Art Theatre, a […]
Whitmer OKs extending development tax incentives by 5 years
Michigan developers with “transformational” plans to redevelop brownfield sites can continue to seek tax incentives after Gov. Gretchen Whitmer and the Legislature extended the program for an additional five years. The state’s economic development board can approve new projects through 2027, instead of 2022, under a bill signed last week. The law, which was enacted in 2017, […]
Fifth Third Bank lists historic downtown Holland branch building for $4.5M
Fifth Third Bank is looking to sell its historic branch building in downtown Holland. The iconic three-story, 25,000-square foot building at 36 E. 8th St. was constructed in 1928 and has a sale price of more than $4.5 million, according to the listing by NorthStar Commercial LLC. The listing includes two additional parcels behind the historic structure […]
Detroit Fisher Building on the block after $30M in upgrades
After six years and more than $30 million in improvements, the owners of the Fisher Building have placed the historical landmark up for sale. The Platform, co-owners of the building, said Tuesday that it is the right time to find it a new owner. During six years of ownership, the firm said it has doubled […]
Apartments, new restaurant part of renovation plans at historic building in downtown Kalamazoo
An historic building in downtown Kalamazoo will soon undergo renovations to make way for 11 apartments above the city’s oldest restaurant. The renovations are being led by 266 Michigan Ave. Kalamazoo LLC, which boasts the East Michigan address of the property being renovated in its name, according to a news release from the Michigan Economic […]
Land Bank to replace Spitzer Building roof, commission feasibility study for redevelopment
The Lucas County Land Bank is commissioning a feasibility study of the historic downtown Spitzer and Nicholas buildings to see if and how they can be redeveloped. The land bank’s board at a special meeting on Wednesday authorized a payment of up to $100,000 to Cleveland-based Sandvick Architects to conduct the assessment. David Mann, the […]
Historic Lofts Coming to Hubbard Farms Neighborhood in Detroit’s Mexicantown
An abandoned historic structure will be redeveloped in Detroit’s Hubbard Farms neighborhood in Mexicantown as part of the city’s Strategic Neighborhood Fund initiative. The Murray – Hubbard Farms is located at 4004 Porter St. near Clark Park. It will undergo a total renovation to become 12 units of modern, efficient housing across 16,404 square feet. […]
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 […]
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. […]
Fort Industry Square rehabilitation gets $5 million tax credit
The Ohio Development Services Agency awarded a $5 million tax credit for the rehabilitation of Fort Industry Square on Summit Street. The credit is part of more than $28 million in tax credits the agency awarded for the rehabilitation of 49 historic buildings across the state, according to a release from the agency on Wednesday. […]
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 […]
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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