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Property Management Success: Attracting and Retaining Gen Z Office Workers

Posted By: Commercial Property Executive on March 31, 2024.  For more information, please click here to read the source article. A big part of the post-pandemic shift in office use is that workers often expect their spaces to provide many benefits of remote work, and then some. Amenity spaces, events, and food and beverage offerings all aim to outweigh […]

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Demolition continues on Dearborn’s Regent Court building, clearing way for development

Posted By: mlive on February 7, 2024.  For more information, please click here to read the source article. Demolition continues on the towering Regent Court office building along Executive Plaza Drive in Dearborn. The 670,000-square-foot office building formerly occupied by Ford Motor Co. changed hands in November 2022, after being purchased by local developer Mike Shehadi. Shehadi is […]

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Waterfront penthouses, yacht storage and brewery opening on Muskegon Lake this summer

Posted By: mlive on February 10, 2024.  For more information, please click here to read the source article. The $250 million Adelaide Pointe, a mixed-use development and marina planned for the Muskegon Lake waterfront, is gearing up for a huge summer.  Developers Ryan and Emily Leetsma are transforming the previous industrial site into a tourist destination.  Plans started […]

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$8M apartment complex breaks ground in heart of Whitehall

Posted By: mlive on January 7, 2024.  For more information, please click here to read the source article. Construction has begun on an apartment building in the heart of Whitehall designed for those who work in Whitehall but can’t find housing there. The 32-unit Harwood Flats is being constructed on Lake Street at the end of Colby Street. […]

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New Mixed-use Apartment Building Coming to Midtown Detroit

Posted By: DBUSINESS on October 24, 2023.  For more information, please click here to read the source article. A new mixed-use apartment building will break ground shortly at Second Avenue and Brainard Street in Midtown Detroit that will offer 57 apartments and 3,500 square feet of commercial space. The total cost of the project was not disclosed. Built […]

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Apartment developers push ahead despite high interest rates, costs in Metro Detroit

Posted By: The Detroit News on October 10, 2023.  For more information, please click here to read the source article.   As housing costs and demand continue to rise, developers are undertaking apartment projects in Metro Detroit, even in the face of high interest rates and growing construction costs. Among them are Marquette Companies, which recently renovated and […]

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$111M incentive package for ‘transformational’ housing, retail project in Grand Rapids approved

Posted By: mlive on February 1, 2023.  For more information, please click here to read the source article.   The Grand Rapids City Commission has approved a tax incentive, valued at $103 million over 27 years, to help transform a former industrial site on Godfrey Avenue SW into a mixed-use development with hundreds of apartments, commercial space and […]

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Construction Set to Begin on Oct. 10 for Sakura Novi Retail Project

Posted By: DBUSINESS on September 19, 2023.  For more information, please click here to read the source article. With construction set to begin on Oct. 10 for the Sakura Novi project, restaurants Chubby Cattle and Presotea have signed leases and are joining the project’s tenant roster. Sakura Novi, a mixed-used development project, features a collection of Asian-themed restaurants, […]

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Construction to begin soon on $16.4M Grand Rapids apartment, commercial building

Posted By: mlive on August 23, 2023.  For more information, please click here to read the source article. Construction is expected to start within 30 days on a two-building apartment development at the corner of Wealthy Street SE and Sheldon Avenue SE containing 58 market-rate units and ground-floor commercial space.  The development, being led by W&S Development Partners and […]

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Transformations of Lakeside, Oakland malls come into focus

Posted By: The Detroit News on June 26, 2023.  For more information, please click here to read the source article. During the fall, the owners of Lakeside Mall signed a deal with the city of Sterling Heights that would pave the way for the redevelopment of the 110-acre site into a mixed-use complex. Tenants at the mall are […]

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Victory Development Group Closes on Last Grand Rapids Property to Complete Celebration Village

Posted By: Victory Development Group.  For more information, please click here to read the source article. Victory Development Group has closed on the last developable property in Grand Rapids’ Celebration Village, opening plans for a mixed-use project on the city’s northeast side with 240 apartments and 10,000 square feet of retail. Victory Development Group closed on the 3-acre […]

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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 […]

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New restaurants, boutiques part of mixed-use plan for downtown Muskegon bank building

Posted By: mlive on June 24, 2023.  For more information, please click here to read the source article. In downtown Muskegon, an old bank building that has sat vacant is being transformed into a mixed-use space that includes a restaurant collective with diverse cuisines and boutique retailers. The plan for the six-floor building, located at 221 W. […]

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The property management challenge: It’s all about managing tenant experiences

Posted By: REjournals on June 7, 2023.  For more information, please click here to read the source article. The property management business has evolved. There was a time when property management teams focused on making sure the snow was plowed, trash picked up and lights stayed on. Those are still important jobs. But today, property managers are equally […]

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$500M Mega Projects Developed by Silverman Cos. Coming to North Oakland County

Posted By: DBUSINESS on May 22, 2023.  For more information, please click here to read the source article. Silverman Cos., a multi-faceted real estate development company in Bloomfield Hills, has gained final approvals to bring forward, with multiple partners, Waldon Village in Independence Township and Baldwin Village in Orion Township. Together, both mixed-use projects, which are set, respectively, […]

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Large housing, retail project would transform aging, industrial stretch of Grand Rapids

Posted By: mlive on April 11, 2023.  For more information, please click here to read the source article. Several dilapidated, largely vacant warehouses along the 600 block of Godfrey Avenue SW would be transformed into a 475-unit housing development with office, retail and event space, and a food hall under a proposal from three metro Detroit developers. The […]

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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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EGLE awards $5.8 million to clean up four Detroit sites for redevelopment

Posted By: The Detroit News on January 5, 2023.  For more information, please click here to read the source article. Four contaminated properties in Detroit, including the former American Motors Corp. headquarters site, will receive financial help for cleanup after the Michigan Department of Environment, Great Lakes, and Energy approved $5.8 million in brownfield grants, loans and tax […]

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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 […]

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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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Lakeside Mall redevelopment gets thumbs-up from Sterling Heights council

Posted By: The Detroit News on November 1, 2022.  For more information, please click here to read the source article.   Plans to redevelop the struggling Lakeside Mall into a mixed-use development moved forward Tuesday night when Sterling Heights City Council approved an agreement with the shopping center’s owner. The council approved, by a 5-2 vote, a memorandum […]

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Ford sells Dearborn office building to developer eyeing mixed-use plans

Posted By: The Detroit News on November 4, 2022.  For more information, please click here to read the source article.   Ford Motor Co. this week sold its Regent Court office building in Dearborn to a local real-estate developer who is planning a mixed-use redevelopment of the property. Mike Shehadi, CEO of Farmington Hills-based pharmacy company PharmaScript, confirmed […]

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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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Main Art theater demolished Monday afternoon in downtown Royal Oak

Posted By: The Detroit News on July 25, 2022.  For more information, please click here to read the source article.   The curtains were literally coming down Monday afternoon on the Main Art theater in Royal Oak as a crew worked to demolish the 80-year-old venue, a  showcase of independent cinema in Metro Detroit since the 1990s. Red curtains […]

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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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Fairlane Town Center’s new owner to redevelop Dearborn mall with mixed-use destinations

The new owner of Fairlane Town Center says it will redevelop the Dearborn mall for mixed use-destinations after its previous owner defaulted on loans. Centennial, a Dallas-based real estate investment firm focused on retail and mixed-use properties, on Wednesday said it has acquired the struggling 1.4 million-square-foot shopping center from Florida’s Starwood Capital Group. Details of […]

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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 […]

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After lawsuits, bills, blight, a blaze and Taserings, Southfield hotel hits market

The former Plaza Hotel & Conference Center in Southfield flatlined in more ways than one. And now it is up for sale in the hopes that someone will resuscitate it, even as the city is seeking a receiver and to foreclose upon a mortgage it has on the long-vacant and troubled building off the Lodge Freeway. One […]

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Fowlerville getting $3.7 million apartment and commercial development downtown

A local couple is preparing to break ground on a more than 13,500-square-foot commercial and apartment building in downtown Fowlerville. The Michigan Strategic Fund board on Tuesday approved a $1.45 million loan through a Michigan Economic Development Corporation program, which will help them finance the estimated $3.7 million construction project. Jennifer Cooke and her husband, Dan — […]

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Vacant Sears store at Westgate to be demolished; area to be redeveloped

The owners of the Westgate Village Shopping Center plan to purchase the vacant Sears building and redevelop the property, the company’s CEO told The Blade. Liz Holland, the CEO of Chicago-based Abbell Credit Corp., which owns the Westgate plaza, said the vacant building will be razed and the company will evaluate various redevelopment proposals for […]

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New land use plan to be discussed at Perrysburg committee meeting

A new draft of the Perrysburg land use plan, including potential plans for the Perrysburg Heights neighborhood, will be discussed at the city’s planning and zoning committee meeting on Wednesday. Paul Belazis, board president for the Perrysburg Heights Community Association, said while the new draft is not as extreme as past versions, Heights community members are […]

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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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MDOT wants to transform Detroit’s ‘cramped’ Amtrak station into $57M hub with retail, more

Rail passengers traveling into and out of Detroit via Amtrak could see a new train station rise in the city’s New Center area in coming years. The Biden administration has announced a $10 million grant — money not connected to the recently passed $1.2 trillion infrastructure bill — to help fund the Michigan Department of Transportation’s longtime goal […]

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Malls ditch shopping to fill wasteland of vacant retail stores

Imagine 16 deserted Mall of Americas. That’s how much space battered mall owners need to fill heading into 2022, more than 90 million square feet. It’s no easy task, with dozens of retail chains already cutting back or shutting down, and it won’t get any better if the newest pandemic wave scares off shoppers. So […]

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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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New vision for Kmart’s old headquarters in Troy: But could it work?

As Kmart ends its story in Michigan and closes its last store here in Marshall, the former Kmart Corp. headquarters in Troy still sits awaiting its next chapter. The property at 3100 W. Big Beaver Road, likened in the past to an assortment of brown shoeboxes sticking out of the ground, has been empty for 15 years. Its future […]

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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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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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Restaurants, shops and medical offices coming to Perrysburg’s Levis Commons

Growth at Perrysburg’s Levis Commons may have slowed to a crawl after the Great Recession, but in the last five years it has come on strong as developers pumped tens of millions of dollars into new hotels, apartments and retail space. New projects at the mixed-used development — off State Rt. 25 near the I-475/U.S. 23 interchange […]

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Shunned by shoppers and squeezed by online retail, iconic Detroit malls to get new lives

Eastland Center and Northland Center malls opened in the 1950s to the fanfare of Metro Detroiters looking for a suburban shopping experience. Decades and the internet later, both sites face different futures. Eastland on Vernier Road in Harper Woods will close in January, and an industrial facility will be built in its place. The former […]

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Mixed-use project will repurpose vacant downtown Muskegon bank building

A historic bank building in downtown Muskegon will be redeveloped into a mixed-use space after being vacant for four years.  Core Development Group plans to repurpose the six-story tower at 221 W. Webster Ave. into offices, commercial space and apartments. “It’s preserving an old building. If it sat here forever, who knows what it would […]

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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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Southfield sells Northland mall property for $11.1M

After entertaining a number of interested parties, the city of Southfield has finally inked an $11.1 million deal with Bloomfield Hills-based Contour Cos. for a majority of the 114-acre former Northland Center property. The signing of the deal, which was announced July 29, came shortly after the city received approval of a $26 million Michigan […]

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Redevelopment of key property bridging Midtown and downtown sought by Muskegon officials

A building at a key location near Muskegon’s downtown could revert to its historic look through mixed-use redevelopment being sought by city officials. The city-owned building on Third Street had housed offices of Catholic Charities West Michigan, which recently moved to new facilities in the city. The property includes vacant lots on which the city […]

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West Mich. redevelopment projects awarded $4.6M in state brownfield funding

The Michigan Department of Environment, Great Lakes and Energy recently awarded $4.6 million in brownfield grants and loans to five redevelopment projects on contaminated properties in West and Southwest Michigan. The developments are among the 21 that the agency has funded for environmental remediation this summer totaling $15.6 million. The projects that recently received funding […]

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Northland mall sale closes; redeveloper plans to build housing, commercial space

The City of Southfield finalized the sale Thursday of the abandoned Northland Center mall to a private developer who plans to demolish big portions of the old shopping mall, save some of it and build new housing and commercial space. Bloomfield Hills-based Contour Companies closed on the $11.1 million purchase agreement for the 97-acre site and the money is sitting […]

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