SOUTHFIELD, MI-Lawrence Technical University is naming its new student center in honor of shopping mall developer A. Alfred Taubman, who studied architecture there in the evenings while starting his real estate business.
BLOOMFIELD HILLS, MI-Taubman Centers says it has contracts with 40 retailers to help populate its newest property, the Northlake Mall now under construction near Charlotte, NC. The mall already has five anchors in place.
DETROIT-An $870,000 Single Business Tax credit will pay for 10% of the redevelopment of the five-story Chevy Creative Services building located within the Woodward Technology Corridor SmartZone.
DETROIT-DaimlerChrysler has begun work overhauling its Jefferson North Assembly Plant, where it hopes to produce more than just Jeep Grand Cherokees. Cost is not disclosed, but similar overhauls have meant spending at least $100 million.
DETROIT-The long-vacant Madison-Lenox residential hotel has been named one of America's 11 Most Endangered Historic Places. Ilitch Holdings has been denied permission twice to demolish the building.
DETROIT-General Motors is moving its Saab subsidiary's headquarters operations from suburban Atlanta to its world headquarters at the Renaissance Center. All of the GM brands will have headquarters operations in the Motor City.
DEARBORN, MI –While retail properties are changing hands, the industrial and office sales markets are relatively quiet, brokers in a panel discussion at RealShare Detroit report.
BATTLE CREEK, MI-Cereal maker Kellogg Co. is moving its US Snacks business unit from Elmhurst, IL to its home city. "To actually be able to woo a division of a corporate headquarters from Illinois to Michigan is great news," says Michigan Gov. Jennifer Granholm.
DEARBORN, MI-Livingston County is growing, but don't expect an office hub on the western fringe of the Detroit market any time soon. "It is just too far from the rest of the population base," opines Mitchell Lipton, executive vice president at Freidman Real Estate Group.
DEARBORN, MI-Exhibit Enterprises, Inc. is moving to a new 25-acre site in Rochester Hills in an expansion. Executive, sales and design offices will be housed with production and warehouse operations.