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About / News / Michigan

Downtown Birmingham sees surprise surge of new retailers

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

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Developer envisions massive tower for former Joe Louis Arena site

A developer has put forth a conceptual design for a massive tower with 500 apartments to be built on the site of the demolished Joe Louis Arena. Detroit-based Sterling Group, which owns the former arena site, submitted a conceptual site plan to the city in July showing a 25-story, 290-foot-tall residential tower called The Louis where the old Red Wings arena […]

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Lake Trust Credit Union, other financial institutions wade into Michigan cannabis banking market

As the cannabis industry continues to expand in Michigan, there are a limited number of options for the businesses to put their money while their business is still illegal at the federal level. But that is changing. Nearly $125 million worth of recreational cannabis was sold statewide in September, up from $60 million the same […]

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New seafood-centric restaurant opening in Birmingham

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

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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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Northville to clear psych hospital property, repurpose for ‘active recreation’

The site of a former state psychiatric hospital in Northville Township will be cleared and redeveloped as an “active recreation site,” after township trustees approved a $12 million bond sale to fund the work, the township announced Tuesday. The bond funding will pay for the removal or relocation of the remaining 11 buildings on the 332-acre site, […]

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Lake Orion electric vehicle battery business expands as industry readies to boom

An electric vehicle battery business in Lake Orion has become a success story and earned a visit from Governor Gretchen Whitmer Monday. Subhash Dhar is the founder and chairman at American Battery Solutions. Despite a pandemic — the company is thriving in its manufacturing production of lithium-ion batteries. This comes as the US makes a […]

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Key retail property across from Oakland Mall sells for $34 million

Amid a global pandemic that has shaken the brick-and-mortar retail industry even more, a Baltimore buyer is betting $34 million on the success of a key property across from Oakland Mall in Troy. Continental Realty Corp., a private equity fund, has purchased Oakland Center and Oakland Square at 14 Mile and John R roads totaling some 392,000 […]

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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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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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Jiffy Mix maker plans new 120K-square-foot warehouse in Chelsea

Chelsea will soon make room for a whole lot more Jiffy Mix. Chelsea Milling Co., the family-owned maker of baking mixes shipped across the country, hopes to break ground on a new, 120,000-square-foot warehouse in the spring. When they’re not in “baking season” in the fall and winter, the company stores hundreds of thousands of its […]

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6 Michigan Industries With A Good Economic Outlook

Knowing which industries have a good economic outlook can help you to make savvy career choices. Whether you’re starting out or you’re thinking about your next promotion, choosing a sector or specialty that’s primed for growth can provide you with job security and lucrative opportunities. Similarly, if you’re a budding entrepreneur and you dream of […]

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Region’s third known Amazon Fresh grocery store coming to Troy

The region’s third Amazon Fresh grocery store concept is believed to be under construction in Troy. Permits and site plans obtained from the city through a Freedom of Information Act request show a layout and design similar to other Amazon Fresh stores around the country, including locations Crain’s previously first reported in the spring in Shelby […]

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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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Parade Co. gets the OK to buy long-vacant Brodhead Armory to turn it into new HQ

The Detroit City Council approved the sale of the R. Thornton Brodhead Naval Armory to the Parade Co. on Tuesday, paving the way for the nonprofit behind Detroit’s Thanksgiving Day parade to turn the long-vacant building into its new headquarters. At a meeting Tuesday the council approved amending the city’s Master Plan to make way for any redevelopment of the site […]

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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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Bella Piatti owner to open seafood concept Mare Mediterranean in Birmingham

Signature Associates is proud to be a part of this transaction. A new, modern seafood restaurant with Greek, Italian and Spanish influences is coming to downtown Birmingham later this year. Bella Piatti owner Nino Cutraro has teamed up with Jay Feldman of Feldman Automotive to open Mare Mediterranean where Cameron’s Steakhouse was at 115 Willits. Cutraro […]

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A tale of 2 malls: Partridge Creek is in trouble, Village of Rochester Hills isn’t. What’s the difference?

A pair of open-air shopping centers not so far apart are facing different fates. The Mall at Partridge Creek in Clinton Township is looking down the barrel of receivership after its Miami Beach, Fla.-based owners defaulted on a $725 million mortgage, buckling under the weight of massive debt, the COVID-19 pandemic and e-commerce. Tenants, in […]

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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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Whitmer signs letter calling for passage of pot banking law

Ahead of possible action by the U.S. Congress, Michigan Gov. Gretchen Whitmer is one of nearly two dozen governors pushing for legislation to reform marijuana banking laws. Whitmer and a bipartisan group of governors sent a letter on Monday to leading lawmakers in Washington, D.C., urging passage of the Secure and Fair Enforcement (SAFE) Banking […]

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Land of Opportunity

With the outbreak of the COVID-19 pandemic last March, Gov. Gretchen Whitmer issued Executive Order 2020-21 directing all “Michigan businesses and operations to temporarily suspend in-person operations that are not necessary to sustain or protect life.” The downside of the order reverberated throughout the state’s economy, resulting in bankruptcies, a sharp runup in unemployment filings, […]

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Is this empty Hall Road storefront the site of Amazon Fresh’s first Michigan location?

The proposed remodeling of the former Gander Outdoors store in Shelby Township could be a harbinger of a new grocery option making its way across the country: Amazon Fresh. A site plan I obtained through a Freedom of Information Act request to Shelby Township shows a new exterior to the building at 13975 Hall Road […]

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Michigan work went remote. Businesses now weigh whether they need offices.

Michigan work went remote. Businesses now weigh whether they need offices.

Michigan’s largest cities are seeing the negative effects of largely empty office buildings as white-collar workers work remotely — with no predictable end date for the COVID pandemic. Getting those employees back into offices is a short-term solution to repopulating central business districts and restoring customers for the restaurants, shops and services that depend on […]

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Emagine to take over operations at Birmingham 8 theater

Emagine to take over operations at Birmingham 8 theater

The Birmingham 8 movie theater has joined the Emagine family. Emagine Entertainment Inc. said Tuesday it has acquired the downtown Birmingham movie theater, effective immediately. The theater is not expected to undergo any changes to its interior or to its marquee, but it is getting a new name: Birmingham 8, Powered by Emagine. “We are pleased to […]

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Suburban Collection said to be near deal to sell to large dealership group

Suburban Collection said to be near deal to sell to large dealership group

Lithia Motors Inc. is poised to acquire Troy-based Suburban Collection, one of the nation’s biggest privately owned dealership groups and the largest in metro Detroit, according to a source familiar with the matter. The deal, giving Lithia a key foothold in the Midwest, could be announced as early as this week, according to the source. The […]

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Pandemic could bring permanent changes to delivery, office work

Pandemic could bring permanent changes to delivery, office work

There’s little doubt that living under a year of a global pandemic has caused many of us to adopt new routines and trends.  Purchases from Amazon, groceries by delivery, dining outdoors, meetings by Zoom.  But how many of those changes will remain after the coronavirus is finally under control? “This year has forced us to […]

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Michigan Ranked Third, Detroit Ranked First in USA for Foreign Direct Investment

Michigan Ranked Third, Detroit Ranked First in USA for Foreign Direct Investment

Michigan has been ranked third in the country, and Detroit has been ranked first in the country for foreign direct investment projects, according to new rankings released by Site Selection magazine. The rankings are based on U.S. projects the magazine has tracked since 2015 that have had at least a share of involvement by a foreign-based firm. […]

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Wacker Chemical Corporation to build headquarters near Ann Arbor

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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New $23 million Tenneco building vacant, up for sublease after company abandons move

New $23 million Tenneco building vacant, up for sublease after company abandons move

Powertrain part maker Tenneco Inc. is abandoning its plans to move to Northville Township. Its new $23 million building at 15701 Technology Drive near Five Mile and Beck roads sits vacant and is now up for sublease, according to a marketing brochure from the Southfield office of brokerage house Cushman & Wakefield. Steve Blow, executive […]

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Kroger and online grocery firm to build $95M fulfillment center in Romulus

Kroger and online grocery firm to build $95M fulfillment center in Romulus

The Kroger Co. and grocery ecommerce firm Ocado Solutions will build a $95 million customer fulfillment center to Romulus. The 135,000-square-foot facility at 15675 Wahrman will create 250 jobs, officials said Monday. The companies had previously announced plans to build a center in the Great Lakes Region. “Kroger is incredibly excited to develop one of our industry-leading customer […]

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Michigan’s $1.3B Cannabis Market Draws $25M Growing Facility in Madison Heights

Michigan’s $1.3B Cannabis Market Draws $25M Growing Facility in Madison Heights

Innovative Industrial Properties Inc., the first real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, today announced it closed on the acquisition of a property located at 29600 Stephenson Highway in Madison Heights (halfway between 12 Mile and 13 Mile roads). The purchase price for the property was […]

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Wyoming reopens Ideal Park after $1.8 million redevelopment

Wyoming reopens Ideal Park after $1.8 million redevelopment

The city of Wyoming announced the grand reopening of Ideal Park. The reopening of the nearly 100-year-old park comes after severe weather-related damage in 2014 caused by a tornado and subsequent flooding events caused delays in reconstruction. With an investment of over $1.8 million, Ideal Park, 5843 Crippen Ave SW, features improved parking and enhanced […]

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Michigan Scores Eight Top 10s in National Business Rankings

Michigan Scores Eight Top 10s in National Business Rankings

Michigan is No. 1 in automotive manufacturing strength, according to the recent rankings by Business Facilities magazine, but the Great Lakes State also scored top-10 honors in seven other categories. The state was in the top 10 in manufacturing output percentage of GNP (No. 3), manufacturing employment (No. 4), foreign direct investments (No. 5), opportunity zones (No. […]

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Michigan Reveals Spaceport Site, Potential 40K New Jobs by 2025

Michigan Reveals Spaceport Site, Potential 40K New Jobs by 2025

After a year-long search, the Michigan Aerospace Manufacturers Association has announced the location of a new vertical-launch spaceport in the state. The Sterling Heights-based trade organization has identified a location just north of Marquette in the Upper Peninsula as the best site from which to launch rockets from launch pads. The location along the shores […]

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Cannabis Provider Green Peak Innovations Expands Across Michigan

Cannabis Provider Green Peak Innovations Expands Across Michigan

Green Peak Innovations in Lansing, a vertically integrated cannabis operator, today provided an update regarding the company’s COVID-19 response, second quarter performance, and plans for growth across Michigan. Jeff Radway, co-founder and CEO of Green Peak, says the company has remained fully operational throughout the COVID-19 pandemic as cannabis cultivators, processors, and retailers were deemed […]

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Heidtman Steel Products invests $9.1 million in expansion, adds 65 jobs

Heidtman Steel Products invests $9.1 million in expansion, adds 65 jobs

Heidtman Steel Products, Inc., a Toledo-based processor of flat-rolled steel, is expanding its operations in Bedford Township and the city of Bedford Township to create a new steel tubing operation that is expected to create 65 jobs when finished. Heidtman, which has nine steel processing facilities in four Great Lakes states, is backing a new […]

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Michigan Moves Up 19 Spots in Chief Executive Magazine’s Best and Worst States for Business List

Michigan Moves Up 19 Spots in Chief Executive Magazine’s Best and Worst States for Business List

Michigan is now No. 13 in Chief Executive magazine’s 16th annual Best and Worst States for Business survey, released this week. The state jumped 19 spots, one of the biggest single-year moves in the ranking’s history. According to Chief Executive, CEOs who selected Michigan as the best state for doing business cited the workforce, regulatory environment, overall favorable business […]

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Signs of Hope: Tourist towns bank on cabin fever-weary Michiganders to revive industry

Signs of Hope: Tourist towns bank on cabin fever-weary Michiganders to revive industry

As states consider when and how to loosen stay-at-home restrictions, some West Michigan business owners look to summer tourism with careful optimism. Their hope followed a startling hit to the country’s tourism industry, which hemorrhaged as coronavirus disease 2019 infected more than a million people and killed tens of thousands of others. “In the short term, […]

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Manufacturing back to work, but it can only do so much

Manufacturing back to work, but it can only do so much

Michigan manufacturers return to work Monday. But how many employees come back remains a question as demand is still likely muted and Michigan’s manufacturing sector plays a smaller role in the state’s economy. Gov. Gretchen Whitmer announced May 7 that manufacturers could resume operations on May 11, catering to auto industry demands that would facilitate automakers starting […]

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Uptick in demand for Macomb County industrial space may signal rebound

Uptick in demand for Macomb County industrial space may signal rebound

Up until last month, the industrial market in Macomb County was performing about as well as any in the region. The vacancy rate in Metro Detroit was 4 percent across nearly 399 million square feet, with one-fifth of that market, or nearly 83 million square feet, in Macomb County outpacing the region at just 2.8 […]

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Governor’s office: Construction to be allowed beginning May 7

Governor’s office: Construction to be allowed beginning May 7

Gov. Gretchen Whitmer will allow the construction industry to get back to work May 7, a spokesman for the governor confirmed Wednesday morning. The Michigan Information & Research Service (MIRS News) first reported the date on Tuesday. Zack Pohl, a Whitmer spokesman, confirmed the report. “No one should be surprised that the governor would open […]

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Michigan Moves up to 12th in Nation for Doing Business

Michigan Moves up to 12th in Nation for Doing Business

Michigan was ranked 12th among the top states for doing business, according to the Tax Foundation’s 2020 State Business Tax Climate Index that was released this week. The new ranking is up five spots from last year, and Michigan is one of only two Midwest states to be in the top half of the rankings. […]

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Gun Lake Casino plans $100 million expansion

Gun Lake Casino plans $100 million expansion

A 72,000-square-foot expansion at Gun Lake Casino will allow the operation to grow its gaming, restaurant and entertainment options. Preliminary site work for the $100 million project is currently underway. Gun Lake Casino expects construction to begin in the coming weeks, with an opening expected in summer of 2021. The expansion, which involves adding a new […]

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Michigan’s attractiveness grows among aerospace manufacturers

Michigan’s attractiveness grows among aerospace manufacturers

Michigan is the most attractive state in the Midwest for new aerospace manufacturing businesses. That’s according to a recent report from PricewaterhouseCoopers (PwC), a global consulting firm. The annual rankings report, which also raised the state from 8th nationally in 2018 to fourth in the 2019 report, cited the state’s “favorable corporate tax structure” and […]

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Team Schostak Family Restaurants acquires 56 Wendy’s restaurants in Michigan

Team Schostak Family Restaurants acquires 56 Wendy’s restaurants in Michigan

Livonia-based Team Schostak Family Restaurants has acquired 56 Wendy’s restaurants in Michigan. With the addition, family-owned Team Schostak now owns and operates more than 160 restaurants throughout Michigan. “As our team actively sought opportunities to grow TSFR’s restaurant business, this unique opportunity came up in our home state to purchase these Wendy’s and the acquisition […]

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Why Michigan is the center of the ‘pickleverse’

Why Michigan is the center of the ‘pickleverse’

Michigan harvested nearly 35,000 acres of pickling cucumbers in 2018 — more than any other state The state’s well-drained, sandy soils and temperate climate are conducive to cucumber growing Pickle industry emerged before WWI and now counts Heinz, Hausbeck, Vlasic and Topor’s among its giants   Long before Michigan became the automotive capital of America, […]

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Michigan Ranks 9th in Nation for Economic Development Projects

Michigan Ranks 9th in Nation for Economic Development Projects

Michigan ranks ninth among the top 10 states with the most economic development projects according to Site Selection magazine’s 2018 Governor’s Cup rankings, moving up two places from last year’s list. The magazine covers economic planning and expansion nationwide. “There is no doubt that Michigan is a home for economic opportunity, and these rankings are a testament […]

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