Michigan Real Estate News

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Stiiizy Opens Ferndale Dispensary

California’s best-selling cannabis brand is coming to Michigan. Stiiizy opened its new location in Ferndale this past weekend. It hosted a grand opening at 642 E. Nine Mile Road. Stiiizy offers a clothing line, skateboard decks, and smoking accessories in addition to cannabis products. The company has previously partnered with charitable efforts in Michigan. In 2021, Stiiizy partnered with the Michigan Urban Farming Initiative to host an event to teach sustainable gardening to children at Detroit’s MUFI urban farm.  In early 2022, they worked with Easterseals Miracle League to fundraise for a new accessible field in Orion Township’s Friendship Park.

 

 

New Michigan State Law Is Pricing Out Redevelopment Plans

A new state law that allows for former property owners to collect surplus proceeds after a foreclosed property is sold is crippling redevelopment plans. The law received praise because it allowed those who were able to recoup some of the money from sales that would have gone into county government monies. More than 300 metro Detroit property owners filed forms to recoup the profits of the auction sales on their foreclosed properties. According to Hazel Park City Manager, he rejected taking two properties that the city would’ve normally developed because former property owners had filed claim forms on them. In Oak Park, the city passed on a property with a filed claim form because its value was too high. The claims add more cost to the purchase price of the foreclosed homes, making them prohibitively expensive.

$37 Million Hospice Long-Term Care Facility Coming to Grand Rapids

Beaumont Health and Spectrum System has begun construction on a $27 million long-term care, hospice and dialysis center in Grand Rapids. The facility will span 94,000-square-feet and is expected to be complete by spring 2024. The facility will include 125 beds, as well as art therapy and other therapeutic programs. The new center is replacing the current continuing care facility located on Fuller Avenue. Currently, the Fuller Avenue facility provides post-acute rehab, including care for accident and stroke victims. Those services will move to another property underway on Leffingwell Avenue NE.  All employees of the Fuller Avenue sub-acute rehab and long-term care facility will have the opportunity to transfer to other locations.