DETROIT-Leaner times have forced companies to pull back plans and throw sublease space on the market, Paragon Corporate Realty Services says in its First Quarter Office Market Report. However, overall vacancy rates remain firm.
FERNDALE, MI-A boulevard could expand the Woodward Avenue area's business potential at least four times what it is now with the Eight Mile Road overpass, the city manager says.
DETROIT-Local real estate investment firm Marcus and Millichap is holding a talk to discuss a market overview, trends and opportunities at 8:30 a.m., April 26 at the Excalibur Banquet Center in Southfield, MI.
DETROIT-Detroit Mayor Dennis Archer remains hopeful about a new plan to move only the MGM Grand alongside Detroit River, but wants agreement from a reluctant city council, angry that two casinos may opt to stay Downtown.
LIVONIA, MI-Michigan areas receive high-tech designation and more dollars for development. However, Gov. John Engler is criticized for the programs. A group says the governor's office is illegally using tax dollars for business use.
ANN ARBOR, MI-A new lab, science and administrative building promise to bring new space and ideas to the drug company, says a spokeswoman. However, further expansion may be needed.
DETROIT-More than $1.8 million is awarded to fund five development projects in Albion, Flint, Grand Haven, Monroe and Ypsilanti. Half the money will help fund Flint's $88-million redevelopment project.
DETROIT- Lawrence Technological University's Distinguished Architecture Alumni Award goes to SmithGroup Michigan vice president and director of building technology Thomas O'Connor.
DETROIT-The BLIMPIE Sub & Salad shop complements a new public housing complex nearby. It is the first franchise to locate in an Empowerment Zone and highlights $13 billion in economic growth occurring in neighborhoods.
CHESTERFIELD TOWNSHIP, MI-Dynamic Plastics plans a 25,000-sf manufacturing facility here to make manufacturing and plastic injection molds for the automotive industry, toy companies and the computer industry.