AUBURN HILLS, MI-General Development Co. uses brownfield redevelopment money to convert a former asphalt plant into a tax-producing property that will include 220,000 sf of industrial space worth more than $15 million.
TROY, MI-Residents and city council doubt the public will get much use out of a proposed private development. Proponents argue the cost isn't much, and the project is needed for a larger development.
NOVI, MI-Fifty acres of wooded land at Wixom and Grand River roads here, valued at $8.4 million, is given to the school to create a larger campus. The land is near an industrial and retail area.
BLOOMFIELD HILLS, MI-The investment, development and management firm buys a 83,319-sf shopping and office center in Ann Arbor, MI. The mall is 100% leased and has retained high occupancy since opening in the 1970s.
DETROIT-Keen Realty Consultants Inc. of Great Neck, NY says it generated more than $100 million as a result of its Family Golf Centers Inc. bankruptcy auction, including two entertainment centers in Michigan.
DETROIT-Eight conservation and commercial groups have created a proposed bill that will allow for smart residential growth. It gives developers incentives to preserve natural resources.
SOUTHFIELD, MI-The business software development company credits a rise in 2000 sales for whopping expansion. It moves from a 3,500-sf headquarters on Nine Mile Road to a 9,500-sf facility on Evergreen Road.
DETROIT-Keeping technology firms, land conservation and the naming of new government offices were discussed in Gov. John Engler's speech. More than 6,000 information technology companies now call Michigan home.
TROY, MI-The developer hopes to build a 13-story office building on 5.5 acres at the northwest corner of I-75 and Big Beaver Road, "probably the most significant corner in Southeast Michigan.
BRIGHTON, MI-Two groups are presenting a conference titled, Retail Development Through Public/Private Partnerships, at the Genoa Woods Conference Center here at 8 a.m. March 28. Three speakers will give presentations.