Dan Gilbert's Bedrock Real Estate Services LLC has purchased two more downtown Detroit buildings, at 620 and 630 Woodward Ave., and plans to fill them with retail and restaurants.
Charlie Knoll started out in the motorcycle business washing bikes at his family's Harley-Davidson dealership in Burlington, Iowa, at age 9. Now, at 28, he is opening the first Michigan dealership to sell exclusively high-end Ducati motorcycles.
Most members of the board of trustees at Oakland University
aren't talking about President Gary Russi
's retirement or the university's decision to fire his wife, Beckie Francis
, the women's basketball coach. And there looks to be a reason for that.
In the first real estate deal this year at the government-led Detroit Region Aerotropolis
site near Detroit Metropolitan Airport
, a growing local logistics company plans to build a new $8 million headquarters and expanded logistics center.
Deputy Managing Editor Daniel Duggan has been given an award by the National Association of Real Estate Editors
for a 2012 story he wrote about a group of Detroit investors.
The original infield is still visible, flanked around the infield by a three-level apartment building and in the outfield by an L-shaped office building and a three-level apartment complex. Sections of the outfield walls still stand. And there's a weathered old scoreboard in right field that is going to be restored.
A winning design was announced today for the former J.L. Hudson Co. department store site.
Magna International Inc. will relocate about 300 employees into 117,300 square feet of office space in a new Troy headquarters by September.
Whether the Wayne County Consolidated Jail project ends up being a textbook-definition 'boondoggle' remains to be seen, but Michigan has a rich history of bungled projects.
A bank from the small but colorfully named city of Bad Axe in Michigan's Thumb is taking aim at the upscale banking needs of business owners and the wealthy in Ann Arbor.
A source says Emergency Manager Kevyn Orr plans to offer Detroit creditors 10 percent of what they are owed; Whole Foods opens its doors in Midtown; Compuware makes changes at the top; musician Jack White paid the back taxes bill for the historic Masonic Temple.
The former Showcase Cinemas building on Opdyke Road in Auburn Hills will be razed starting June 17 and turned into a high-tech business park.
The Detroit-Wayne Joint Building Authority, which owns and operates the Coleman A. Young Municipal Center, might build a new $18 million, eight-story parking structure just east of the building that houses much of the city of Detroit’s and Wayne County’s governmental operations.
After 96 years in business, the downtown men's clothing store Serman's is closing its doors. Bedrock Real Estate Services LLC, the real estate arm of Dan Gilbert's Rock Ventures LLC, purchased the building last week, and a closeout sale is happening now inside the store.
The hiring spree in the Southfield office of Colliers International Inc. continues as Managing Director Paul Choukourian has added five new commercial real estate brokers to his team.
The sale of the 84-percent occupied, 921,000-square-foot mall at Gratiot Avenue and Masonic in Roseville closed on May 6, according to the West Bloomfield Township-based Lormax Stern. Interior and exterior renovations are expected.
has moved out the Madison Building and into larger downtown digs. The accelerator outgrew its old office and relocated in late May to 1528 Woodward Ave., the former Arts League Building around the corner from the Madison.
could invest more than $40 million and add more than 100 local jobs in the region over the next year under a corporate plan to add six new locations in metro Detroit -- including two on the sites of closed auto dealerships.
Relocating the headquarters of PulteGroup Inc. to Atlanta will impact local morale more than it will homebuilding, local builders say. Richard Dugas Jr., PulteGroup chairman, president and CEO, said the move won't impact the company's local homebuilding, noting there is still money to be made in the Detroit market.
Wayne State University soon will name a successor to President Allan Gilmour, and that person will take the reins of an institution struggling to fulfill its mission as an educator of students and a full partner in the University Research Corridor.
There are signs of hope for millennials who entered the labor market during the recession and have since remained underemployed. This special report delves into the state of talent as Michigan's business and government leaders tackle the issue this week as well.
On the field, you know him as Detroit Lion
No. 31. Off the field, Ron Bartell is the latest small-business owner to invest in the Avenue of Fashion, that strip of Livernois Avenue spanning McNichols and Eight Mile roads.
Detroit Bizdom has moved out of the Madison Building and into larger downtown digs. The accelerator outgrew its old office and relocated last week to 1528 Woodward Ave., the former Arts League Building around the corner from the Madison.
An out-of-state investor has put Jacoby's German Biergarten
up for sale and is asking $779,000 for the building and the pub. The bona fide Detroit institution, located at 624 Brush St., is not expected to close.
The Michigan State Housing Development Authority
is seeking legislative approval to create a new $100 million fund to support housing projects around the state.