DETROIT-Marygrove College has received a $1.8 million grant from the federal government to completely renovate the third floor of its Liberal Arts Building.
DETROIT-The old Michigan Central Depot in southwest Detroit is Mayor Kwame Kilpatrick's choice to be the city's new police headquarters. Although it is favored for a number of reasons, a deal has yet to be worked out between the city and the building's owners on the renovations that would be needed.
TAYLOR, MI-Friedman real estate has negotiated a 12,000-sf lease for light industrial space in Taylor. The tenant, Commercial Tire Services, is expanding into the Detroit market.
TRAVERSE CITY, MI-The $1 million grant will assist in the cleanup of the former Traverse City State Hospital brownfield site to eventually be redeveloped into a mixed-use commercial and residential project.
DETROIT-More than $2 billion worth of industrial construction projects are in the works for the fourth quarter of the year in Michigan, a new report says.
TROY, MI-iCap forecasts a volatile market for the rest of 2003. The company thinks that given interest rates are at or close to 40-year lows, there is more risk rates will rise significantly than fall significantly.
BLOOMFIELD HILLS, MI-Construction is now under way on a 10,000 sf veterinary diagnostic lab in this Detroit suburb. It is described as the largest veterinary lab now being built anywhere in the country.