FLINT, MI-Two developers will redevelop three vacant, blighted buildings in downtown Flint for mixed-use. The Michigan Economic Development Corp. kicked in nearly $1 million in tax credits to support the project.
TROY, MI-The garden store chain receives court approval to emerge from bankruptcy as a real estate development company. It now has 42 properties it plans to redevelop in a dozen states.
TROY, MI-The garden store chain receives court approval to emerge from bankruptcy as a real estate development company. It now has 42 properties it plans to redevelop in a dozen states.
FARMINGTON HILLS, MI-In light of the company's outstanding shares and the number of shares reserved for issuance upon the exercise or conversion of options, Ramco-Gershenson is increasing its number of common stock shares available.
DETROIT-The Southeast Michigan Council of Governments' annual report shows a drop in construction activity during 2004, but predicts that numbers will increase in 2005.
REDFORD, MI-The senior living agency says each of the two senior citizen residences will cost $1.5 million. The Green Houses are a new approach for PVM to provide senior citizen housing and care for frail seniors.
DETROIT-A new auto dealership will result after the state kicks in brownfield funding. Michigan Economic Development's president and CEO Don Jakeway is confident the redevelopment of the properties will serve as a catalyst for further development and jobs.
DETROIT-A China-based manufacturer says it is looking for a Michigan location to begin North American operations. The company is looking at sites in Michigan to be close to its US customers Ford and General Motors.
BLOOMFIELD HILLS, MI-The REIT also declares early dividends for Series A, G, and H preferred shares. The Series A shares and preferred dividends will be available for redemption on July 11.
DEARBORN, MI–A Ford executive is named to lead a temporary business entity that will operate 24 auto parts and supplies plants until they can be sold. Ford hopes to accomplish the sale by 2008 or 2009.