Signature Associates

Posted By: The Detroit News on May 29, 2023.  For more information, please click here to read the source article. Oakland County has proposed a downtown redevelopment partnership with the city of Pontiac that would move several county operations and as many as 600 employees from the current Oakland County campus of 45 buildings in northwest Pontiac […]

Posted By: CoStar on May 25, 2023.  For more information, please click here to read the source article. Popular membership warehouse club Costco has acquired land at the former Northland Mall site in Southfield, Michigan, where it plans to open its first Costco Business Center in the state. The Washington-based retailer paid $6.5 million to acquire a 13.38-acre […]

Posted By: Detroit Free Press on April 12, 2023.  For more information, please click here to read the source article. Fundraising challenges have forced the nonprofit organization that puts on Detroit’s annual fireworks and Thanksgiving Day parade to delay its $45 million plan to buy and redevelop a long-vacant naval armory near the Belle Isle bridge. Detroit officials […]

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 […]

Posted By: mlive on March 8, 2023.  For more information, please click here to read the source article.   A southeast Michigan developer is bringing back plans to build a 111-room, five-story Staybridge Suites hotel at a vacant lot on the west side of the Grand River at 942 Front Ave. NW. Jimmy Asmar, of Stellar Hospitality Grand […]

Posted By: The Monroe News on March 13, 2023.  For more information, please click here to read the source article.   More than 140 acres off of LaPlaisance Road has been cleared and construction is now well underway in preparation for a Ford Customer Service Division packaging facility in Monroe Township. Announced in May 2022, the facility will […]

Posted By: mlive on February 24, 2023.  For more information, please click here to read the source article.   A long-time eyesore on a boulevard about to get a major makeover is up for sale – and the property has a bargain-basement price to attract developers. The dilapidated warehouse on Glenside Boulevard near Sherman Avenue has been acquired […]

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 […]

Posted By: Detroit Free Press on January 11, 2023.  For more information, please click here to read the source article. Developers are teeing up plans to turn another Lyon Township golf course into a subdivision of single-family homes. A conceptual plan to put 182 single-family homes on the 160-acre Cattails Golf Club site was presented to the Lyon […]

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 […]

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 […]

Posted By: The Blade on October 23, 2022.  For more information, please click here to read the source article.   Long before the board approved formal negotiations in August, Toledo Public Schools administrators had been negotiating to sell two former school properties, emails obtained by The Blade show. Email records from the district show Goodwill Industries and Connecting […]

Posted By: The Blade on October 18, 2022.  For more information, please click here to read the source article.   They call him “Coach.” Jim Jones, co-founder of a 19-year-old business called JAM Fleet Service, prefers that title and not because he once coached Sylvania Northview High School’s varsity wrestling team. He’s an unconventional owner of an unconventional business […]

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 […]

Posted By: The Monroe News on September 4, 2022.  For more information, please click here to read the source article.   The former Kmart in Frenchtown Charter Township will soon become a climate-controlled storage facility. New England-based self-storage developer True Storage has begun preliminary work to convert the sprawling remains of the former retailer into a self-storage facility […]

Posted By: MiBiz on August 31, 2022.  For more information, please click here to read the source article.   A pair of Grand Rapids nonprofits plan to redevelop a vacant furniture manufacturing building on the city’s south side into housing and office space and also construct an onsite tiny home community. Mel Trotter Ministries and Next Step of West Michigan — […]

Posted By: The Toledo Blade on September 7, 2022.  For more information, please click here to read the source article.   Toledo leaders say they hope redeveloping two of downtown’s largest and oldest buildings, the Spitzer and Nicholas, will spur additional investment in the area. Much of downtown could use such a jolt: Despite the revitalization of the […]

Posted By: MiBiz on August 8, 2022.  For more information, please click here to read the source article.   Marketing agency 1 Bold Step LLC has purchased a small office building on Grand Rapids’ west side as company executives gradually return to more in-person work. The Grand Rapids-based marketing firm purchased the building at 1255 Front Ave. NW for $575,000 […]

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 […]

Posted By: The Toledo Blade on July 26, 2022.  For more information, please click here to read the source article.   The abandoned Rosemary Apartments, the site of a tragic teen death in 2016, will be demolished, the Lucas County Land Bank announced Tuesday. The announcement was made on what would have been the 23rd birthday of Joshua […]

For leasing information on Eastland Commerce Center, contact Joe Hamway/Greg Hudas. Posted By: The Detroit News on July 7, 2022.  For more information, please click here to read the source article.   Sixty-five years after Eastland Center opened its doors to shoppers, the developer of a $94 million industrial complex broke ground on the project that will replace […]

The vacant Lorraine Hotel cleared the first hurdle in its quest for revival on Thursday when the Toledo City Plan Commission unanimously approved a zoning change that will allow the prospective developers to move forward with the project. The project is being represented by Everett Gransberry and Monika Moss-Gransberry through Walnut Ventures LLC out of […]

With the dust of COVID-19 finally beginning to settle, commercial development in metro Detroit is once again bustling. Big plans are in store for several the area’s shopping malls and office buildings, many of which were left abandoned or under-utilized during the peak of the pandemic. Read on to see what’s in store for notable […]

The Toledo City Plan Commission Thursday approved a major site plan to redevelop the former North Towne Square location for industrial use. The proposal is being designed by Mannik & Smith Group of Maumee and would include three industrial buildings totaling approximately 852,000 square-feet, according to the plan commission staff report. NorthPoint Development with an […]

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 […]

The former Courtland Racquetball Club in Shelby Township is expected to be razed to make way for a new Porsche dealership. Township staff said the new dealership would be about 23,000 square feet on the east side of Mound Road and north of Hall Road/M-59. Construction could start as soon as late May or early […]

Out with the old, in with the new. That’s the theme behind a few demolition projects underway in the suburbs to make way for more than $300 million in new development across two very different sectors. In Birmingham, a handful of single-story buildings at the corner of Brown Street and Old Woodward Avenue have been […]

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 […]

After nearly a year of running a cold-pressed juice shop in Grosse Pointe, Rachael Schroeder and her husband, Kevin, decided to expand their business, Rhythm & Blue Juice Co. They chose retail space at the Elton Park Corktown Apartments for their second location, which they opened in late January — another business betting on the […]

The city of Detroit has, by far, the most new industrial construction underway out of anywhere else in the region. Some 2.75 million square feet is in the ground, according to a fourth-quarter report from the local office of New York City-based brokerage house Newmark. That’s the future. But what about all of its industrial past? That’s the […]

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 […]

As demolition of the former Eastland Center shopping mall proceeds, developers of a $94 million project to reuse the property in Harper Woods have named a leasing agent to market the 80-acre site for potential tenants. Signature Associates said Thursday it will exclusively lease space for the development, known as the Eastland Commerce Center, at […]

More than 12 years after General Motors closed its 36th Street stamping plant in Wyoming, the site has a new owner with an eye on redevelopment. Franklin Partners LLC announced Thursday that it has bought the property now known as Site 36 after gaining approval from the Wyoming Brownfield Redevelopment Authority. Wyoming City Manager Curtis […]

Michigan’s economic engine on Tuesday approved incentives for redevelopment of the former prison site in Northville and Plymouth townships. The $38.7 million project calls for a nearly 66,000-square-foot commercial flex space development from an affiliate of Novi-based real-estate firm Hillside Investments, a large stormwater retention pond and 9,000-square-feet of infrastructure improvements that include sidewalks, curbs, asphalt paving […]

Tire Wholesalers Inc. is expected to move out of its Troy headquarters into a new warehouse/distribution building more than double its current footprint under construction in Oak Park. The company, based at 1783 14 Mile Road, is taking the entire 275,000-square-foot building underway on the former Detroit Artillery Armory site, expanding from 100,000-plus square feet […]

Minneapolis-based The Opus Group, which has a subsidiary in Ann Arbor, is starting construction on a 275,401-square-foot industrial building on the site of the former Detroit Artillery Armory on Eight Mile Road in Oak Park. Prior to the start of construction, the originally planned speculative building has been fully leased to an undisclosed user. It […]

A $180 million plan to redevelop the former General Motors Transmission plant site in Warren is expected to bring 1.4 million-square feet of new industrial space and 600 jobs, according to the city. The Warren City Council will consider on Tuesday a brownfield plan for the 117-acre site at 23500 Mound. The owner, Missouri-based NorthPoint Development, […]

Toledo City Councilman Theresa Gadus hopes the imminent auction of a long-troubled hotel in her district means a new beginning. “I think that the timing of it would be wonderful for the right purchaser,” Ms. Gadus said of the former Days Inn and Jill’s Bar and Grill near I-75 in East Toledo. “The momentum is […]

The Eastland Center site in Harper Woods is one step closer to a $94 million redevelopment after Michigan Economic Development Corp.’s Michigan Strategic Fund board approved Tuesday tax incentives for the project. The $4.7 million in brownfield tax credits were granted to Missouri-based NorthPoint Development, which plans to build three commercial light industrial buildings totaling […]

Lucas County leaders hope that a share of the $350 million in state money available this year to clean up contaminated sites could lead to the future redevelopment of the Nicholas and Spitzer buildings downtown. Known as brownfield sites, their legacy of pollution at such properties often stands in the way because of additional redevelopment […]

The 142-acre Harbor Dunes Golf Club in Monroe Charter Township will soon be transformed into an automotive-related warehousing and distribution center, township supervisor Al Barron announced Tuesday. Barron revealed the first details of the proposed project at the Monroe County Chamber of Commerce’s December Koffee Club event, at which elected officials from across the region discussed ongoing and upcoming […]

A developer growing its industrial presence in Detroit plans to demolish the former American Motors Corp. headquarters site for a new development, likely for an automotive supplier, officials said.  Detroit Mayor Mike Duggan and other officials announced the $66 million redevelopment Thursday morning at the 2-million-square-foot abandoned AMC campus.  AMC took its headquarters to Southfield […]

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 […]

Renovating and remodeling Fort Industry Square, comprising 13 buildings with 13 different floor plans hasn’t dissuaded Kevin Prater from taking on what some could see as an even more daunting challenge. “This has probably been the most difficult project I’ve ever done,” the owner of Prater Development Ltd. told an audience of about 100 at […]

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 […]

City officials on Thursday announced the long-vacant former North Towne Square Mall property will soon be redeveloped into Toledo’s latest industrial park, a move Mayor Wade Kapszukiewicz said will bring at least 500 well-paying, advanced manufacturing jobs to the community. Kansas City-based NorthPoint Development intends to spend $70 million to build two industrial buildings totaling […]

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, […]

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 […]

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 […]

Luxury condos, a marina, restaurant, event space and expanded public trails are part of a $250 million vision to transform 30 acres of Muskegon waterfront property. Developer Ryan Leestma and his wife, Emily Leestma, unveiled details of their plans for the Adelaide Point project on Wednesday alongside their development team, city officials and environmental advocates. […]

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 […]

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 […]

The Blake Family of Companies on Tuesday announced the completion of a $1 million redevelopment project that gives the brand a new, expanded multi-purpose, year-round retail and entertainment venue. Blake’s Backyard, located at 5600 Van Dyke Ave. in Almont, is open daily and features a 10,000 square foot taproom that offers Blake’s Hard Cider, beer […]

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 […]

The developer who earlier Thursday confirmed its plans to tear down the Eastland Center mall in Harper Woods is also attempting to buy and redevelop General Motors Co.‘s idled Warren Transmission Plant, Crain’s has learned. Riverside, Mo.-based developer Northpoint Development LLC has the 123-acre site at 23500 Mound Road under contract to purchase, with the deal expected to […]

The owner of Rosie O’Grady’s, a popular downtown Ferndale bar and restaurant, closed the establishment over the weekend and aims to redevelop the property in the city’s central business district. In a Saturday evening post on Facebook, the restaurant owners said the establishment would be closing for good, and said “staffing shortages” were “in part” […]

Planning officials in Grand Rapids, Kentwood and Wyoming hope a nearly completed study will help spur redevelopment along South Division Avenue after a highly touted bus rapid transit project failed to deliver on its economic development promises. Involving local residents and community leaders to share their vision for the future was a key aspect to […]

Fifteen months ago the city of Toledo soundly rejected tax abatements that would have helped a California firm redevelop the former Elder-Beerman property on Secor Road. It appears the once-popular department store will remain vacant for the foreseeable future because tearing it down and erecting new retail space on the site is not economically feasible […]

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 […]

The city of Holland is seeking statements of qualifications from developers interested in redeveloping a 17-acre property owned by the Holland Board of Public Works located on the Lake Macatawa waterfront in downtown Holland and currently home to the decommissioned James De Young power plant. The site presents an opportunity to develop a large-scale, regional […]

Less than a month ago, the city of Toledo formally took title to a parcel of land at 1110 Hastings Ave. — the final piece in its long-sought acquisition of the former Champion Spark Plug plant on Upton Avenue. The Champion property has been vacant and undeveloped for more than 20 years. The acquisition, however, […]

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 […]

For the last five years or so, the only growth one could find at the Monroe Factory Shops on LaPlaisance Road in Monroe Charter Township was the overgrown weeds springing up from cracks and seams along its neglected walkways. Once a thriving retail mecca originally called Manufacturers Market Place, the few remaining retailers at the […]

RH, also known as Restoration Hardware, has submitted a preliminary site plan, special land use permit request and a community impact study for a new four-story mixed use building at the southwest corner of S. Old Woodward and Brown streets in Birmingham, which is on the city planning board’s Wednesday, March 24, agenda. The preliminary […]

City officials are moving to reposition the former North Towne Square Mall property for redevelopment in their latest move to get vacant city-owned land back into productive use. The North Toledo site has been vacant for 16 years, and 11 years ago the city took ownership of the former shopping mall so that it could […]

A developer for the former Herman Kiefer hospital site is marketing the sprawling grounds for a potential innovation hub, garment manufacturing or medical technology complex. Ron Castellano, managing member of Herman Kiefer Development LLC, on Thursday shared his vision for a “commercial, job-generating campus” across the 11 buildings on the 860,000-square-foot site. During an annual update on […]

The Southfield City Council is expected Monday to discuss a proposal for the sale of the former Northland Center for $11 million to a Bloomfield Hills company that plans to redevelop it into apartments, restaurants and retail space. The sale to Contour Companies of Bloomfield Hills is expected to be finalized in January and construction is […]

After getting caught up in a federal investigation into union corruption, the training center along the Detroit riverfront jointly owned by General Motors Co. and the United Auto Workers has been sold to two developers and will be renamed “The Icon.” The sale of the 420,000-square-foot building on 18 acres at 200 Walker to a […]

A $64.5 million plan to restore the 15-story Park Inn hotel downtown, expand and renovate the adjacent SeaGate Convention Centre, and tear down the nearby former Hotel Seagate is proceeding on schedule with construction activity likely before the month ends. “Everything’s very close to getting moving. I expect you’ll see some demolition there in the […]

The Grand Rapids Brownfield Redevelopment Authority recently received Michigan Strategic Fund approval of a brownfield work plan that will include $228,939 in state tax capture reimbursement for the Leonard Development project. The Business Journal previously reported Leonard Development Partners LLC will construct a three-story, mixed-use building on the site where three vacant commercial properties were recently demolished. The […]

A once-thriving area of Northwood is destined for a rebirth after several years of stagnation. The city is working with Bowling Green-based Reveille, a planning and economic development agency, to bring a mixed-use development to 120 acres formerly occupied by the Woodville Mall. Plans call for office space, smaller commercial buildings and retail, and housing […]

The former Lincoln Motor Co. headquarters in the Northwest Goldberg neighborhood of Detroit will be made into a mixed-use, mixed-income development. This project and more were approved by the Michigan Strategic Fund on Tuesday, according to the Michigan Economic Development Corp. “Today’s MSF approvals demonstrate the significant role we play in restoring Michigan’s economic recovery, […]

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 […]

For their efforts in establishing a solid foundation to attract private investment and further build on municipality assets, the city of Rochester Hills has been awarded the Redevelopment Ready Communities (RRC) certification, the Michigan Economic Development Corporation (MEDC) announced today. Rochester Hills joins 44 other Michigan communities in all corners of the state which have qualified as […]

The retail landscape continues to shift in the U.S. and a pair of properties in northwest Ohio provide an interesting juxtaposition. After a decade of conjecture and stalled plans, the former Southwyck Mall site in Toledo is being transformed into an Amazon delivery station, which city officials consider a monumental victory. There is more positive […]

A Toledo-area real estate firm announced Friday that the Holiday Inn French Quarter will be demolished and replaced with a multi-phase, mixed-use commercial center under the name of French Quarter Square. River Rock Property Group, LLC issued a news release Friday saying it has completed the purchase of the former Holiday Inn French Quarter in Perrysburg Township. […]

A shuttered cereal factory in Battle Creek could be getting new life after officials from the company that purchased it said they want to join the efforts in revitalizing the city’s downtown. New Mill Capital, a company that specializes in redeveloping closed manufacturing plants, purchased the 450,000 square foot building on South McCamly Street from […]

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 […]

Lakeside Mall has been sold to a Miami group that says it will add other uses beyond shopping to revive the Sterling Heights shopping center, according to Sterling Heights city officials. The deal on the struggling mall was completed Tuesday. The mall’s previous owner, General Growth Properties Inc., defaulted on its $144 million mortgage, Sterling Heights officials said. Earlier this year, Lord […]

The state of Michigan is providing funding assistance for a new mixed-use development in downtown Muskegon. The Michigan Strategic Fund voted Tuesday to award Sweetwater Development Partners LLC financial assistance in the amount of $1.5 million through the Michigan Community Revitalization Program. The request supports an $8.9 million project that includes a six-story mixed-use building called […]

New businesses are being proposed at currently vacant sites along Secor Road. The largest proposed development would come to the former Elder-Beerman department store location at 3301 Secor Road, which closed in July, 2018, after parent firm Bon-Ton Stores went bankrupt. The closure left a 154,000-square-foot, two-story building empty. According to Toledo Plan Commission documents, […]

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 […]

A $36,000 state grant is being used to promote new development at Flint’s former Delphi Flint East property, a part of nearly a half-million in grants supporting the Flint & Genesee Chamber of Commerce programs focused on economic and community growth. The site readiness program grant from the Michigan Economic Development Corporation will help get […]

La-Z-Boy Inc. has sold its former headquarters and surrounding 26 acres to the city of Monroe, which plans to demolish the buildings next year and then redevelop the area into housing and retail stores. The sale was announced Friday and is the first step by Monroe to implement a “subarea” plan developed in March. La-Z-Boy, […]

Wayne County’s Commission on Thursday unanimously signed off on a $40 million development deal for the shuttered Pinnacle race track. Wayne County Executive Warren Evans said Texas-based Hillwood Enterprises L.P. is acquiring the Pinnacle Aeropark Property from the county for about $4.9 million. The company, founded by Ross Perot Jr., is expected to develop the […]

LivWell Michigan, a licensee of Colorado-based LivWell Holdings, will lease a 156,000-square-foot industrial space in Warren where it will operate a licensed cannabis cultivation and processing facility upon completion of redevelopment. The property was purchased for $19 million by and leased to LivWell by San Diego’s Innovative Industrial Properties. LivWell is expected to invest up […]

Tech giant Amazon sent shock waves throughout Pontiac when news broke of the expected development of the Silverdome site into a distribution center as part of a $250 million project that would bring 1,500 jobs. The first steps in the plans to develop the 127-acre site were discussed during a Pontiac Planning Commission meeting on Wednesday night. The commission […]

Some concepts for any redevelopment of the former Kmart Corp. headquarters in Troy still involve tearing it down. However, nothing is firmed up and any redevelopment of the existing 1.1 million-square-foot, long-vacant behemoth or new development on the 40 acres on which it sits are easily years out. In general, it’s been a high-octane recovery […]

The University of Toledo Board of Trustees is progressing with plans to sell Scott Park campus and recently approved a resolution to begin the process of securing state approval. The university will need permission from the General Assembly to transfer the property. State agencies typically need such approval because property is owned by the state […]

Bedrock plans to bring the iconic Book Tower back to life with a mix of residential, hotel, retail and office space. New York-based architect ODA was chosen from among 10 firms to lead the design effort in restoring the nearly 500,000-square-foot Washington Boulevard structure originally built in 1916. “We selected them because they have quite a few projects around […]

Each day at Balance Pan-Asian Grille’s downtown eatery customers who look out the restaurant’s west-facing windows can count on a dismal view of the corner of North Summit Street and Jefferson Avenue. Staring back at them is the half-demolished,19-story skeleton of the former Hotel Seagate, its street-level deconstruction hidden by a perimeter construction fence but […]

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 […]

The city of Detroit is considering a plan that would transform the underused Coleman A. Young International Airport property for somewhere more than $100 million. A report by city contractor Avion Solutions Group LLC obtained by Crain’s describes a series of proposals the city wants to further explore that are aimed at making the airport that has […]

An Indian automaker is poised to breathe new automotive life — and at least 2,000 jobs — into Flint’s iconic Buick City site. Mahindra Automotive North America Inc., maker of the Roxor off-road vehicle and a finalist to build the U.S. Postal Service’s next-generation delivery truck, has signed a non-binding letter of intent to acquire the 364-acre site from the trust charged with cleaning […]

An automotive supplier that builds interior components, suspensions and grilles for major automakers is planning to open a 600,000-square-foot factory on the site of the vacant Kettering High School on Detroit’s east side, three miles from where Fiat Chrysler Automobiles plans to build the city’s first new automotive plant in nearly three decades. Michigan-based supplier […]

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 […]

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. […]

From industrial firms to retailers and from land owners to community planners, the mantra of real estate agents applies.  Location, location, location. With mixed results, some of Macomb County’s largest parcels appear destined for redevelopment. A few remain vacant with no immediate plan, while announcements and groundbreakings are on the horizon at others. Projects could […]

One of the nation’s largest providers of post-acute health care services wants to build a 40-bed rehabilitation hospital on Monroe Street at Secor Road on the former Sisters of Notre Dame property where Kroger once planned to build a new store. Encompass Health Corp. of Birmingham, Ala., plans to spend $27 million to construct the […]

In recent years, the West Michigan village of Spring Lake found its downtown looking like those of many small villages around the state. Buildings sat empty and in disrepair, but with a small population of 2,323, it was hard to interest developers in taking on major and expensive projects. Until recently, a state program to […]

The future redevelopment of the Northville Downs racetrack is anticipated to cost $200 million. Randy Wertheimer, president and CEO of Farmington Hills-based residential developer Hunter Pasteur Homes, said construction on the 13-acre underdeveloped northern portion of the property should begin in the first quarter next year. Plans call for 300 apartments and 19,000 square feet […]

The city of Detroit plans to sell the long-vacant Lee Plaza to a joint venture that will redevelop the historic building into 180 residential units and retail. The city announced Thursday that it has asked the Detroit City Council to approve the sale of the 1.7-acre site at 2240 W. Grand Boulevard for $350,000 to development partnership […]

A $40-million redevelopment of a vacant site near the University of Michigan medical campus and downtown Ann Arbor is expected to break ground in 2019. It’s been more than a year since the City Council voted unanimously in December 2017 to approve a site plan for the nine-story project known as The Glen, a hotel with ground-floor […]