TROY, MI-The city plans to spend about $210 million to land conference and performing arts centers. Officials see the MeadowView Marriott Conference Resort and Convention Center in Kingsport, TN and the Rosemont, IL Convention Center.
ROYAL OAK, MI-After nixing a $60-million mixed-use deal, city officials say they will keep about $650,000 if Tri-Mount Construction doesn't finish its condo project. The company blames the city for much of the delays.
DETROIT-The plan commission recommends market-rate rowhouse and townhome units in the Hubbard-Richard Rehabilitation Project Development Area, which is surrounded by subsidized housing. A local citizens council favors the project.
DETROIT-Former executive vice president of PROQUEST Commercial Property Management Fred Klugman takes over the Downtown office. PROQUEST will continue to manage Downtown buildings such as 211 W. Fort and 1001 Woodward.
BIRMINGHAM, MI-Live-work units and other high-priced multifamily living is proposed by the Novi,MI-based developers for a trendy Downtown community. It will be built later this year on a former Erb Lumber site.
PONTIAC, MI-The city wants the 80-acre parcel after the developer was snubbed by neighboring Bloomfield Township for the mixed-use Bloomfield Park project. Voters will be asked whether the city should annex the land.
NORTHFIELD TOWNSHIP, MI-This mostly rural township 40 west of Detroit is in high demand for development since installation of sewer system. Midwestern Consulting LLC of Ann Arbor shares plans with township officials.
BLOOMFIELD HILLS, MI-The local branch of the New York commercial lender hires experienced multifamily loan originator D. Michael Jehle, formerly vice president and senior loan officer at Berkshire Mortgage Finance/Bankers Mutual.
DETROIT-A public hearing is held on rezoning for a college technology park and the New Amsterdam project. The multi-phase project would include $44 in new development, including an industrial park.
DETROIT-John W. Brown, chairman, president and chief executive officer of the Stryker Corp., will serve on the corporate and executive boards of the Michigan Economic Development Corporation.