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About / News / Oakland County

Relief programs for small businesses spin up

Help from entities big and small is making its way to Main Street businesses across Michigan. Beyond the federal $2 trillion stimulus plan signed late last week, the state, Southeast Michigan municipalities and entrepreneurial support entities are pushing forward with their own programs aimed to throw a lifeline to small businesses. Michigan’s economic performance had already been […]

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Pontiac firm to open longest enclosed pedestrian bridge in US

The city of Pontiac will soon be home to what is being called the nation’s longest enclosed pedestrian bridge. Fast-growing mortgage firm United Shore Financial Services announced Thursday that it has obtained city approval to construct the 1,000-foot-long, 26-foot-wide bridge across South Boulevard. The $20 million bridge will connect the firm’s existing headquarters to its recently […]

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Plans underway to replace mobile home park on Cass Lake with luxury apartments

A post-World War II mobile home park in Keego Harbor may be replaced with a luxury apartment complex. Within about two years, Ara Darakjian and his Birmingham-based Tir Equities LLC hopes to begin construction on the 5.33-acre site on Orchard Lake Road overlooking Cass Lake in the tiny Oakland County community nestled between Sylvan Lake […]

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BorgWarner says Delphi purchase will help it move faster to electric cars

Delphi Automotive, the former parts division of General Motors, spun off its powertrain operations more than two years ago. The remaining business was called Aptiv, with a mission to focus on self-driving and connected vehicle technology. It was seen as a sign of things to come. Now, a new chapter is being written for the powertrain […]

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Baker College’s new campus building in Royal Oak could rise nearly 100 feet, cost $27.6 million

More specifics of a planned new campus building for Baker College in downtown Royal Oak that would alter the suburb’s skyline are revealed in a pair of documents obtained by Crain’s. A request for proposals for construction managers verifies many of the details reported last month about the private college’s efforts to construct a consolidated campus building […]

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Commerce Township expecting 2020 groundbreaking for new $100M retail center

Sometime this year, Commerce Township is anticipating a groundbreaking to a downtown that has been talked about since 2002 on the northeast corner of Pontiac Trail and Martin Parkway. The developers, Robert B. Aikens and Associates, plan to create an entertainment center for families to enjoy which will include restaurants, retail shops, a high-end grocery […]

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SIGNATURE TEAM CARES DONATES SUPPLIES FOR FOSTER CHILDREN TO OAKLAND COUNTY FOSTER CLOSET

SOUTHFIELD, MICHIGAN—July 15, 2019— This Summer, Signature Team Cares collected supplies for Signature First Night Bags to be donated to Oakland County Foster Closet. Foster families often struggle financially when welcoming a new foster child due to a lack of necessities and many foster children must resort to carrying around their belongings in trash bags. […]

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Holistic Industries to build $20 million medical marijuana grow, retail facility in Madison Heights

A Washington, D.C.-area cannabis company, Holistic Industries, plans to build a $20 million Michigan headquarters in Madison Heights. The company aims to redevelop the vacant former Fairlanes Bowling hall property near 12 Mile Road and I-75, according to a news release, and build a 65,000-square-foot medical marijuana center for growing, processing and retail. It expects […]

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Kelly Services renovating headquarters, consolidating space with sale-leaseback deal

A sale-leaseback deal expected to close early next year will result in a real estate musical chairs for Troy-based Kelly Services Inc., which is consolidating employees into a renovated headquarters building and another building nearby. The publicly traded staffing company (NASDAQ: KELYA, KELYB) on Thursday announced a pending sale of three of its owned properties, […]

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Production Tool Supply Company Expands Headquarters & Operations in Novi

Production Tool Supply Company, a leading supplier and distributor of industrial tools, is establishing a new headquarters and fulfillment center Novi, Michigan. To keep pace with current and future growth, the company plans to build a North American headquarters and fulfillment center in the city of Novi, according to Michigan Economic Development Corporation. The company will utilize […]

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Varsity Shop demolition expected to begin soon

In 2016, Signature negotiated the contract on behalf of the client and closed on this project.  Our innovative process combined consulting, marketing & transactional services to best manage and support our client’s needs.    The Varsity Shop property at 277 Pierce St. in Birmingham may start coming down soon, the city says. It is owned […]

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Royal Oak’s Tennis & Golf Company sold out of Chapter 11

The Tennis & Golf Company on Woodward Avenue has been purchased by two local businessmen who seek to refresh the Royal Oak fixture and add online capabilities. Founded in 1977, the specialty shop selling tennis, golf, running, and fitness equipment and clothing filed a voluntary petition for Chapter 11 bankruptcy on March 7 in the […]

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Superior Electric Great Lakes Co. Opens Renovated Troy Headquarters

Troy employee-owned electrical contractor Superior Electric Great Lakes Co. last week officially opened its newly renovated, 50,000-square-foot headquarters at 1740 E. Maple Rd. More than 150 guests and employees took part in a ribbon-cutting ceremony for what the company calls one of the most advanced engineering departments of any electrical contractor in the Midwest. “This […]

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Pontiac back on track, mayor says, citing growth, business

A decade after the state declared a financial emergency in the city, Pontiac is attracting more businesses, on the road to ridding blight and poised for growth, Mayor Deirdre Waterman said Wednesday. “Families and new companies … are increasingly choosing to make their home in Pontiac,” the mayor told an audience during her State of the […]

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Palace of Auburn Hills to be razed; redevelopment in works

The former home of the Detroit Pistons soon will be demolished to make room for the homes of technology companies and corporations. A joint venture between Detroit Pistons owner Tom Gores and Livonia-based Schostak Brothers & Co. Inc. have purchased the Palace of Auburn Hills to be redeveloped into 1 million square feet of mixed-use office and research […]

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Webasto Moving Headquarters to Auburn Hills from Rochester Hills

Automotive supplier Webasto Roof Systems is moving its North American headquarters from Rochester Hills to an existing building at 2500 Executive Blvd. in Auburn Hills. Timing for the move was not announced. Webasto is investing $40 million in the move and utilizing a $350,000 Michigan Business Development Program performance-based grant from the Michigan Economic Development […]

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Corporate Eagle Opens New and Larger Headquarters and Bay Hangers in June

Corporate Eagle, a provider of membership-based fractional and managed business aviation programs at Oakland County International Airport in Waterford Township, will open its new headquarters on June 4 following a year of construction. The new facility includes two, side-by-side, 29,000-square-foot hanger bays, along with 9,400 square feet of office space and 8,600 square feet of […]

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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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Retail magnet: Birmingham to use data to pull in national, regional stores

Birmingham — home to a 96 percent retail occupancy rate and 60 salons — has hired a new consultant to target specific regional and national retailers to help create the right downtown mix. And luring more restaurants isn’t a priority. The city’s Birmingham Shopping District employed Bloomfield Township-based CC Consulting starting March 7 to recruit […]

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Truck lighting supplier to move HQ to Southfield

A truck lighting supplier is moving its headquarters from southwest New York to Southfield, state officials said this week. Truck-Lite Co. LLC plans to invest $4 million into a new building in the Oakland County community and create 95 jobs after moving from Falconer, New York. The company cited proximity to supply chains and qualified workers […]

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$224 million, 8.5-mile overhaul of I-75 in Oakland County to start next month

Construction on I-75 in Oakland County is set to ramp up again next month with an 8.5-mile overhaul as well as the state’s first carpool lane and two more interchange projects. Segment two of the nearly $2 billion I-75 Modernization Project will include redoing the freeway from Coolidge Highway to 13 Mile Road. The Michigan […]

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FCA division will invest $12.6M, create 106 jobs in Oakland County

Fiat Chrysler Automobiles’ Magneti Marelli components business plans to invest $12.6 million and create 106 new jobs in Oakland County. As a result of the planned investment, the Michigan Strategic Fund board approved an almost $1.6-million Michigan Business Development Program grant this week for the company. “The company is hiring new employees, constructing new labs […]

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