ANN ARBOR, MI-Drug manufacturer Pfizer Inc. will buy an adjacent 55-acre North Campus parcel to expand its research operations, while the university will use the funds to build science wings.
FARMINGTON, MI-The Michigan Municipal League lauds the $615,000 purchase and renovation of the historic theater, keeping it from wrecking ball. The city also cited downtown economic development in buying the property.
DETROIT-General Motors Corp. says sports cars are no longer hot, so the company can't keep up production at its 36-year-old plant in Canada, where it invested $3 billion since 1986. It will close next September.
SOUTHFIELD, MI-A drilling company and Krispy Kreme doughnut maker find property in Livingston County and Detroit, respectively. Keller Well Drilling buys 12.63 acres while Dough Re Mi leases 19,800 sf.
NORTHVILLE TOWNSHIP, MI-Township officials agree to buy the property, which would be worth more than $8 million if it was zoned for commercial use, to expand park land next to a state prison.
BLACKMAN TOWNSHIP, MI-The move, assisted by $3 million in state and local aid, will consolidate the company that recently acquired a Rockford, IL firm. The incentives helped keep the merged company in Michigan.
ROYAL OAK, MI-The city is becoming a popular spot for condominium projects that are replacing old and dilapidated hotels, which rent by the week or longer, along 11 Mile Road and Woodward Avenue.
DETROIT- The suburbs of Ferndale, Holly and Lake Orion will receive three years of financial assistance and professional advice on building up their Downtown areas. Two others will get help on their applications.
DETROIT-Ashley Capital plans to buy the 156 acres and build a 750,000-sf warehouse and distribution building. Other facilities will be encouraged. Dynecol Industries has purchased additional properties in the zone.