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Crain's Michigan Business

 
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REAL ESTATE

Proposed buyout plan for General Growth tags four state malls as ‘underperforming'

12:27 p.m., Wed - In the complex negotiations for a buyout of bankrupt mall-owner General Growth Properties, Michigan shopping malls are being cast in a poor light, tagging malls in Traverse City, Battle Creek, Bay City and Taylor as “underperforming.”

ECONOMY

IT center tops list of MEGA grants: Southfield expansion promises to create up to 700 jobs

11:56 a.m., Wed - The state last week granted some $25.5 million in tax credits or other assistance to companies planning nearly $134 million in investment in Southeast Michigan.

TOURISM

Board votes to explore turning state fairgrounds site into metropark

11:55 a.m., Wed - Members of the Huron-Clinton Metropolitan Authority board of commissioners voted today to gather information about the possible development of a metro park at the Michigan State Fairgrounds, said Denise Semion, director of communications for the authority.


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