Harper Woods’ 60-year old Eastland Center wrapped up its last holiday season. With only two remaining stores, K&G Fashions and Shoppers World, the center is slotted for demolition next year. NorthPoint Development will redevelop the site into a $94.2 million industrial complex. Hudson’s built the center in 1957. Just 20 years ago, it housed nearly […]
Pontiac’s Woodward Avenue Loop opened in 1964 during the urban renewal binge. State high engineers announced they would turn Detroit’s I-375 spur into a street-level boulevard over the next several years. MDOT announced that it’s making a similar commitment for the Woodward Loop. Construction will take place in 2024-2025, along with the simultaneous reconstruction of […]
Ann Arbor real estate developer, Oxford Companies, plans to build a new apartment building on Ann Arbor’s south side. The space is currently used as parking for its main office. No timeline has been set for construction. The development endeavors to create a more walkable and livable neighborhood. The 226-acre area may potentially be rezoned […]
The Michigan Land Conservancy purchased 162 acres of wetlands, forest and former cropland for $1 million. The acreage is located east of Ann Arbor in Superior Township. This is a second purchase toward preservation efforts in Superior Township. Previously, Superior Township leaders voted unanimously to buy 300 acres known as the “Rock property.” The newly-purchased […]
The S&P CoreLogic Case-Shiller 20-city home price index, out Tuesday, increased 18.4 percent in October from a year earlier. This was a slight deceleration from the 19.1 percent increase noted in September. All 20 cities noted on the price index recorded double-digit gains with Phoenix, Tampa and Miami leading the pack. Low mortgage rates and […]
Plans for a new 83-unit apartment building near the Masonic Temple and Little Caesars Arena were shared with the public during a virtual community meeting. 3rd & Charlotte, the name of the development, is a joint project between developer Stephen Ross’ Related Cos. and the development firm The Platform. The apartments would be leased at […]
Prospective buyers in Michigan’s housing market placed higher bids in 2021. A lack of inventory caused a 13.8% increase in residential sale prices in 2021 compared to the same period in 2020. There was a 3% increase in total sales. Branch County, Detroit, Bay County, Sanilac County and Mason, Oceana and Manistee counties reported higher […]
According to RE/MAX of Southeastern Michigan and the Home Builders Association of Southeastern Michigan, November was a robust month for home sales and new home starts. December promises even stronger home sales than last year’s figures. New single-family home permits were above 300 in Macomb, Oakland, St. Clair and Wayne counties for 18 months running. […]
The long-awaited Lafayette West development on a former Wayne State University pharmacy school building site is expected to be vertical in the first quarter of 2022. The developer snagged two loans totaling $52 million. The project will include more than 300 units of housing, either for-sale or for-rent. Excavation and back-filling began in October, readying […]
Dan Gilbert, billionaire founder and chairman of Rocket Companies Inc. has purchased the former UAW-GM Center for Human Resource building for an undisclosed price. Developers Dominic Moceri and Christos Moisides bought it a little more than a year ago, paying $34 million for it in November 2020. The purchase adds almost 1 million square feet […]
