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Vacant WBJK Building To Become Midnight Golf Headquarters
/in Detroit, SE Michigan /by Tracy WillisOn August 5, the deed to the former WJBK-TV Studios building was transferred to another entity called 7441 MGP Properties LLC. The building, located in Detroit’s New Center area, will become the new headquarters for the Midnight Golf Program nonprofit. James Jacob, CEO of Ajax Paving Industries Inc. bought the building through his family foundation and donated it to the nonprofit. He has not disclosed the price he paid for the building. According to the founder and president of Midnight Golf, Renee Fluker, the organization is readying a capital campaign to raise the $10-12 million needed to retrofit the property. The program provides college coaches, life skills training and mentoring to about 1,500 students, mostly first-generation college students.
Metro Detroit’s Fair Market Rents Increase
/in Detroit, National, SE Michigan /by Tracy WillisThe U.S. Department of Housing and Urban Development is predicting rent hikes for the 2023 fiscal year in metro Detroit. It published fair market rents at a 11.9 percent increase for a two-bedroom apartment. The rate is increasing from $1,084 to $1,213, beginning October 1. This increase is higher than the Michigan and national averages which hover around 10.3 to 10.4 percent. Metro Ann Arbor rates are 9.7 percent higher. Kalamazoo County wins the prize for the highest fair market rent increase at 19.3 percent. Private sector data was used to estimate changes. The figures are used to determine rent ceilings for certain low-income and emergency grants, as well as the worth of housing vouchers and the maximum award amounts for Continuums of Care.
Amazon Pivots, Cancels Warehouse Plans in Ypsilanti Township
/in SE Michigan /by Tracy WillisAfter years of expansion in southeast Michigan, Amazon has begun scaling back by scrapping its plans for a new warehouse building in Ypsilanti Township. The plan had called for a 183,200-square-foot facility and had been dubbed “Project Yoga.” The cost of the project was $21.4 million and was to be constructed on about 30 acres of a 120-acre parcel. Amazon has also indefinitely postponed it’s plans to build a new facility in Pittsfield Township. Amazon’s footprint in the region includes about 13 million square feet or more and includes redevelopments of the former Pontiac Silverdome site and the former Michigan State Fairgrounds property in Detroit. It’s finalizing construction on a Canton Township facility in the coming weeks.