SOUTHFIELD, MI-Owner Ramco-Gershenson Properties Trust will open up Tel-Twelve Mall into outside retail shops. Kmart will expand and a 140,000-sf Lowe's will join to make the area a big-box bonanza.
BLOOMFIELD HILLS, MI-The mega-mall REIT pushes up the fourth-quarter dividend to more than $0.25 cents, an increase of 2%. The company's preferred dividend of $0.51875 per share also is declared.
DETROIT-The smaller of the two grants, $150,000, helps the local Port Authority conduct environmental investigation and limited remedial activities on 35 acres along the Detroit River on West Jefferson Avenue.
DETROIT-The smaller of the two grants, $150,000, helps the local Port Authority conduct environmental investigation and limited remedial activities on 35 acres along the Detroit River on West Jefferson Avenue.
NOVI, MI-This city must either change its master plan, go to a referendum to give away park land or raise taxes to settle a $70 million debt with Sandstone Associates over a failed 100,000-sf project.
DETROIT-Hometowne Building Co. of Farmington Hills and Hughes Properties of Bingham Farms have three projects lined up, totaling more than $63 million of new multifamily units in Downriver area.
PORT HURON TOWNSHIP, MI-The state awards reclamation funds to a company that purchased the former Anchor Recycling property. Victor Fiber and Supply firm will clean the site and expand with two new facilities.
LEELANAU, MI-Detroit developer David V. Johnson is allowed to consolidate his holdings on the lower portion of an island as part of swap involvinging two islands in western Michigan, ending years of negotiations.