Redico LLC has purchased the One North Main office building in downtown Ann Arbor, to the tune of $25.3 million. Redico will renovate the 115,000-square-foot building by improving common areas, elevators and offices. The University of Michigan and law firms Varnum LLP and Miller Canfield are the primary tenants in the building. The building is […]
City officials broke ground on the Ralph C. Wilson Centennial Park on Tuesday. The park is the last part of the Detroit Riverfront Conservancy’s revitalization plan. The $75 million investment will consist of 22 acres of playscapes and recreational spaces. A $40 million commitment from the Ralph C. Wilson Jr. Foundation kickstarted the 2018 plans […]
The Ralph C. Wilson Jr. Centennial Park on the west Detroit riverfront will feature a bear slide, an otter slide, and a slide in the form of a beaver. The park will include swings, trails, a treehouse, a replica of Fort Wayne and an outdoor classroom. The park broke ground on Tuesday afternoon, a month […]
Blue Cross Blue Shield of Michigan is vacating the RenCen and consolidating its Health Plan Business employees from that location into the high-rise it owns at 600 E. Lafayette Blvd. Last month, the complex lost Deloitte LLP, its third-largest tenant. At this time, the exact number of BCBSM employees the move impacts is unknown. BCBSM […]
The Triumph Church is expecting to repurpose the shuttered Star Southfield movie theater into a new campus. The site will include a worship center, a children’s area, a student area and a community space. The church site will also provide assistance with transportation, medical, financial and rental assistance, employment skills training, a pregnancy center and […]
Birmingham’s downtown transformation continues with the four-story building planned at 294 E. Brown. Part of the development will house a new, multi-story RH showroom. The building with include office and residential space, underground parking, and rooftop use that will include a pool. The Birmingham planning board reviewed and recommended the final site plan for approval […]
A building permit has been issued for the planned apartment tower on the former Joe Louis Arena site. A large office tower is also planned. Crews have been on the property since winter. The apartment building construction is expected to be complete within the next two years. There has been talk of building two hotels […]
A possible development for the Flint’s former Buick City site could be a game changer for the city, potentially creating thousands of jobs. Real estate developer Ashely Capital has the site under contract. The $300 million construction plans are dependent on financing environmental remediation for the site. The funding gap is $15-$20 million. The city […]
On April 26, the Plymouth Township Board of Trustees voted 4-2 to approve the Toll Brothers’ and Pomeroy Living’s Plymouth Walk planned 369-unit townhouse/apartment development, despite the concerns of residents. Neighbors expressed concerns about increased traffic issues in the area and the elimination of green space. The developers agreed to spend $1.8 million to pave […]
Metro Detroit home prices have increased, up 14.6 percent in February when compared to last year. The increase is the highest they’ve been in decades. The managing director for S&P Dow Jones Indices has gone on record saying they’re in the top decile of growth for Detroit over 30 years of tracking. The country is […]
