Metro Detroit Commercial Real Estate


Wednesday, June 18, 2003
hello


Negotiation Hush-Hush for Prentice's RenCen Proposal - 6/16/03 - negotiation to put an eatery at the Renaissance Center - By Robert Carr / GlobeSt.com


Ground Broken for Retail Redevelopment in City - 6/18/03 - Mack Alter Square - By Robert Carr / GlobeSt.com


Plastech Plans Three Phase Complex - 6/18/03 - By Robert Carr / GlobeSt.com


EDS Consolidates Locally to RenCen - 6/17/03 - By Robert Carr / Globe St.com


Retail project under way in east side neighborhood - 6/18/03 - Mack Alter Square - By John Gallagher / Detroit Free Press


Growing businesses - 6/18/03 - Golfsmith opens store in Auburn Hills - Detroit Free Press


23 Mile bridge work put on the back burner - 06/17/03 - Work set for 2006; road commission says nearly 70-year-old structure is safe - By Tenisha Mercer / The Detroit News



Michigan Avenue makeover begins - 06/18/03 - State will finance update of Dearborn commercial artery - By Natalie Y. Moore / The Detroit News



Hospital site awaits its fate - 06/18/03 - Plymouth Township also plans major land deal - By Maureen Feighan / The Detroit News



Monday, June 16, 2003
hello


Lease to Oxford Twp. golf course set for auction - 6/16/03 - By Andrew Dietderich / Crain's Detroit Business


Developers put in bids again for Northville land - 6/16/03 - By Jennette Smith and Amy Lane / Crain's Detroit Business


Detroit chamber considers helping Taubman lobby effort - 6/16/03 - By Brent Snavely / Crain's Detroit Business


Troy shrinks ambitions for civic-center project - 6/16/03 - By Andrew Dietderich / Crain's Detroit Business (hotel, retail, restaurants)


Entertainment Pubs making most of new corporate siblings - 6/16/03 - The company is weighing whether to renew or move elsewhere in Troy - By Jennette Smith / Crain's Detroit Business


Domino's Farms seeks tenants - 6/16/03 - Campaign to coincide with expansion groundbreaking - By Laura Bailey / Crain's Detroit Business




SEMCOG report: Nonresidential building totaled 48 million square feet in 2002 - 6/16/03 - By Laura Bailey / Crain's Detroit Business


Flower Distribution Facility Now Underway - 6/16/03 - By Robert Carr / GlobeSt.com


Con-Way to Open New Service Center - 6/16/03 - By Robert Carr / GlobeSt.com


$1 Billion GM Facility Opens Wednesday - 6/13/03 - By Robert Carr /GlobeSt.com


Sterling Heights fined for its Freedom Hill actions - 6/14/03 = By Nate Trela / Detroit Free Press




2003 HOMEARAMA & CONDORAMA: Upscale bargains - This year's tour of new homes spotlights Metro Detroit's new hot spot: Washington Twp. - By Judy Rose / Detroit Free Press


Conway sees new housing, more people - 06/15/03 - Officials welcome development to respond to population growth - By C. Lerner Rugenstein / The Detroit News



Housing developments to rise on site of old Livonia eyesores - 06/15/03 - Ardmore land on hold; George Burns theater razed - By Natalie Y. Moore / The Detroit News



Was mortgage giant Freddie Mac building a house of cards? - 06/14/03 - By Marcy Gordon / AP Business Writer / Detroit News


IKEA furniture retailer looks at Metro Detroit - 06/15/03 - Canton Township and Madison Heights considered - By R.J. King / The Detroit News


Friday, June 13, 2003
hello


Non-Profit Buys Four Buildings in City - 6/12/03 - By Robert Carr / GlobeSt.com


TROY: Krispy Kreme rolls into Oakland County, at last - 6/12/03 - expected to open this fall in the Oakland Mall parking lot - By Lynne Meredith Schreiber / Detroit Free Press


Royal Oak venue could be revived - 6/13/03 - Nightclub owner wants to restore old theater - By Bill Laitner / Detroit Free Press


Where we live: Clinton Township - 6/06/03 - By Brendel Patterson / Detroit Free Press


Less-than-ideal homes can still sell - 6/06/03 - By John Boudreau / Knight Ridder Newspapers / Detroit Free Press


Housing less susceptible to plunging than stocks - By Judy Rose / Detroit Free Press


THE NATION'S HOUSING: Cheap loan rates keep resale values strong - By Kenneth Harney / Detroit Free Press




Where we live: Lathrup Village - 6/13/03 - By Brendel Patterson / Detroit Free Press


Snow seeks more Freddie Mac, Fannie Mae oversight - 6/13/03 - By Brendan Murray / Bloomberg / Detroit Free Press


FROM RUINS TO RENTALS: Grand plan for Kales tower - 6/13/03 - Former Kresge home to welcome residents - By John Gallagher / Detroit Free Press


Single women outpacing men in buying homes - 06/13/03 - Low mortgage rates, higher incomes are contributing factors - By Steve McLinden / bankrate.com / Detroit News



Mortgage rates drop to a record low 5.2% - 06/13/03 - By Jeannine Aversa / Associated Press / Detroit News


Activists begin campaign to repair older state roads - 06/11/03 - They say too much is spent on new routes - By Delores Patterson / The Detroit News



Shriners buy Southfield arts center - 06/13/03 - $3.35 million deal will relocate 7,000-person membership from Masonic Temple in Detroit - By Delores Patterson / The Detroit News



Suburbs use demolition to fight growing blight - 06/11/03 - Cleanup helps build value, draws home buyers - By Natalie Y. Moore / The Detroit News



Thursday, June 12, 2003
Conflict Requires Another Bid for Surplus Hospital - 06/10/03 - By Robert Carr / GlobeSt.com


REIT Offers $61 Million for Centers-06/10/03 - may pay $61 million for four shopping centers in Michigan - By Robert Carr / GlobeSt.com


Cancer Institute Wants to Buy Own Space - 06/09/03 - By Robert Carr / GlobeSt.com


Property Exchange Web Site Starts in Michigan - 06/11/03 - LandChronicles.com - By Roberr Carr / GlobeSt.com


Insite Shepherds Through Three Commercial Deals - 06/11/03 - By Robert Carr / GlobeSt.com


Greenfield Village Reopens - 06/10/03 - $60 million in new facilities and renovations - By Robert Carr / GlobeSt.com


$20 Million Set Aside for Military Buildings - 06/12/03 - By Robert Carr / GlobeSt.com


GM Begins REIT for Pension Funds - 06/12/03 - By Robert Carr / GlobeSt.com -


Michigan Courting $900M Aircraft Plant - 06/11/03 - Willow Run in Ypsilanti has come out publicly about its interest - By Robert Carr / GlobeSt.com


WARREN, CENTER LINE: The jury's out on how to revamp Van Dyke - 06/12/03 - By Mary Owen / Detroit Free Press


18-screen theater complex is one step closer to reality - 06/12/03 - Firm revises site plan, hopes to build in fall - By Trish Robb / Detroit Free Press


Survey ranks Detroit tap near top - City among 6 in nation where water is 'good' - Detroit Free Press


Soil that has lead will be replaced - 06/12/03 - Yards at 71 houses in Detroit deemed unsafe - By Wendy Wendland-Bowyer / Detroit Free Press


Council OKs historic district - 06/12/03 - Tax credits a financial boon for Book-Cadillac - By Erik Lords / Detroit Free Press


Freddie Mac under U.S. probe - 06/12/03 - Prosecutors look into conduct of ousted chief - By Marcy Gordon / Associated Press / Detroit Free Press


Interest rates reduced for energy-saving homes - 05/30/03 - Freedom Seal plan spurs lenders to trim mortgage rates - By Holden Lewis / Scripps Howard News Service / The Detroit News



Rates are at 5.26% for home buyers - 06/06/03 - By Jeannine Aversa / Associated Press / Detroit News


U.S. 23 targeted for industry - 06/12/03 - Clyde Road crossing earmarked for light industrial, offices - By Deborah Davis Locker / The Detroit News




Hartland Township pursues growth - 06/12/03 - Officials stress more industrial development needed for tax base - By Deborah Davis Locker / The Detroit News




Wolverine Golf Club sold for redevelopment - 06/12/03 - Residents unhappy after paying premium to live near greens - By Edward L. Cardenas / The Detroit News



Fort Wayne opens doors to history - 06/11/03 - Re-enactments, plan for restoration set up - By Alan Fisk / The Detroit News


Plymouth's aura draws businesses - 06/12/03 - Main street-type communities create better retail atmosphere, are pedestrian-friendly - By Eric Pope / The Detroit News


Thrifty Florist chain plans a growth spurt - 06/12/03 - New outlet to open in Shelby Township by the end of 2003 - By Neal Haldane / The Detroit News


Builders: More homes per acre will cut sprawl - 06/12/03 - By R.J. King / The Detroit News


Ramco-Gershenson in Negotiations to Acquire Four Shopping Centers - 06/09/03 - Ramco-Gershenson Properties Trust Investor Relations Press Release


Taubman wins latest court skirmish with Simon - 06/10/03 - By Brent Snavely / Crain's Detroit Business


Brose North America breaks ground on new headquarters - 06/09/03 - $26 million headquarters in Auburn Hills - By Terry Kosdrosky / Crain's Detroit Business


Monday, June 09, 2003
hello


Development Spending Still Low in Michigan - 6/03/03 - By Robert Carr / GlobeSt.com




Taubman Dividend up to 26 Cents Per Share - 6/04/03 - By Robert Carr / GlobeSt.com


Three Vie for 400-acre Northville Property - 6/04/03 - By Robert Carr / GlobeSt.com


Thor Equities Buys 146,000-Sf Retail Center - formerly known as Warren Conner Shopping Center - By Robert Carr / GlobeSt.com


Leases Continue During Economic Recovery - 6/05/03 - leases of office, industrial and research space - By Robert Carr / GlobeSt.com


Mall Sees Switch in Tenants Following Kmart Close - 6/05/03 - Meijer department store will replace the closed Kmart at Tel-Twelve - By Robert Carr / GlobeSt.com


New Lofts Could Help Bring Back City - 6/04/03 - By Robert Carr / GlobeSt.com


Wayne County Wants to Mimic State's Expansion Methods - 6/06/03 - By Robert Carr / GlobeSt.com


CitiMortgage Leases in Galleria Space - 6/06/03 - By Robert Carr / GlobeSt.com


Cities to Appeal Rail Yard Designation - 6/05/03 - Riverview and Trenton don't want a new storage yard along the Detroit River - By Robert Carr / GlobeSt.com


Suburb Looking at Bonds to Finance Minor League Stadium - 6/06/03 - Mount Clemens is pushing forward with plans to bring a minor league baseball team - By Robert Carr / GlobeSt.com


Royal Oak Township sues to thwart annexation vote - 6/05/03 - Petitions are invalid, officials allege; election remains on schedule - By Joel Thurtell / Detroit Free Press


Growing businesses - 6/03/03 - Shield's Restaurant and Pizzeria, TCF Bank, House of Denmark, Flagstar Bancorp, Phoenix Theatres - Detroit Free Press


Meijer to raze closed Kmart, build big store - 6/04/03 - Tel-Twelve facility will open next year - By Gary Haber / Detroit Free Press


Campus Martius draws civic cheer - 6/04/03 - Leaders praise plans for downtown park site - By John Gallagher / Detroit Free Press


'02 nonresidential building hits record - 6/05/03 - Construction springs up in Detroit, suburbs - By John Gallagher / Detroit Free Press


House vote backs Taubman - 6/06/03 - Mall war moves to uncertain future in Senate - By Jennifer Dixon and Dawson Bell / Detroit Free Press


Plan divides partners - 06/03/03 - Washington Township's new master plan - By Tim Keenan / The Detroit News


Industrial plan debated - 06/03/03 - Washington Township draws neighbors' complaints - By Tenisha Mercer and Tim Keenan / The Detroit News



Property swap deal heads for approval - 06/08/03 - By Amy Lee / The Detroit News


Birmingham considers farmers market - 06/03/03 - Facility to feature produce, cooking stations, artisans - By Jennifer Chambers / The Detroit News


Detroit gets $6 million offer for ex-jail site - 06/03/03 - Company wants to buy the land to extend its technology park in western Wayne - By Darren A. Nichols / The Detroit News



Parking headaches confront downtowns with costly fix - 06/08/03 - Northville, Dearborn may add new decks - By Shantee' Woodards / The Detroit News



Tony Roma's opens at Laurel Park Place - 06/03/03 - Newest restaurant hopes to prosper in a location where other firms failed - By Neal Haldane / Special to The Detroit News



Malls' play areas lure families to spend more - 06/05/03 - Retailers change; now share with competitors - By Karen Dybis / The Detroit News



Simon defends Taubman bid - 06/06/03 - $20 a share offer acceptable to 85% of the shareholders - By Bloomberg News and staff reports



Land woes split Northville - 06/06/03 - Realtors, builders wrangle over 1,300 acres of prized property up for sale in township - By R.J. King / The Detroit News



Home building business heats up - 06/08/03 - $7 billion investment fund joins the fray with stake in Troy firm - By R.J. King / The Detroit News



Michigan. bids for Boeing plant - 06/08/03 - Willow Run Airport seen as top contender for facility that could create up to 1,200 jobs - By Deb Price / Detroit News Washington Bureau



Meijer store will replace Kmart at Tel-Twelve shopping center - 6/04/03 - By Jennette Smith / Crain's Detroit Business


Detroit DDA OKs site plan for parking lot on Madison-Lenox Hotel site
- 6/04/03
- By Robert Ankeny / Crain's Detroit Business


$15M Hilton proposed at site of B'ham landmark - 6/09/03 - Plan would raze gas station, reconstruct Hunter House -
By Andrew Dietderich / Crain's Detroit Business


MEDC looks to land Boeing in Michigan - 6/09/03 - Willow Run among sites seeking new plant - By Michael Strong / Crain's Detroit Business


Harbor Cos. plans to start Bloomfield Park by end of year - 6/09/03 - By Andrew Dietderich / Crain's Detroit Business




Township OKs addition for Domino’s Farms office park
- 6/05/03
- By Ian McClure / Crain's Detroit Business


Shippers to open Ann Arbor service center
- 6/06/03
- By Michael Strong / Crain's Detroit Business


State to rebid Northville land sale over potential conflict of interest - 6/09/03 - By Amy Lane / Crain's Detroit Business


Monday, June 02, 2003
hello


Washtenaw Red Cross to get more breathing room with $6 million HQ - 05/22/03 - By Brian Charlton / MichiganNonprofit.com


3 bids received for former Northville hospital land - 05/30/03 - By Laura Bailey / Crain's Detroit Business



hello


Bosch Plans New Facility by Next Year - By Robert Carr / GlobeSt.com


Borders Could Open by Christmas at Compuware - 06/01/03 - By Robert Carr / GlobeSt.com


Development of $1 million homes is rejected - 05/30/03 - Genoa Township plan has problems such as lot size, officials say - By Steve Pardo / The Detroit News



Harper may be upgraded - 05/30/03 St. Clair Shores - By Edward L. Cardenas / The Detroit News


Downtowns come to life - 05/30/03 - Four Macomb County communities plan major renovations - By Edward L. Cardenas / The Detroit News



Nederlander backs off bid for Meadow Brook Theatre - 05/30/03 - He changes mind after strong public backlash - By Joe Menard / The Detroit News



Livonia squabbles over land - 05/29/03 - Rosedale Gardens residents want park on parcel; developer wants to build homes - By Natalie Y. Moore / The Detroit News



Canton breaks ground on arts center - 05/30/03 - $11.5 million performance, education facility will feature 400-seat theater in Cherry Hill Village - By Karen Bouffard / The Detroit News



Checker hopes for boost from Compuware opening - 06/01/03 - Checker Bar & Grill, a 52-year-old family restaurant in downtown Detroit - By Maureen McDonald / The Detroit News


ROYAL OAK: Diner may have reached end of line - 05/29/03 - Closed after fire, R&J may never reopen - By Amber Hunt Martin / Detroit Free Press


Restaurant turns down spice: Owners say ads gave wrong image of new Royal Oak spot - 05/29/03 - the Press Box, a sports bar and steak house slated to opennext month at Fourth and Lafayette - By Amber Hunt Martin / Detroit Free Press


Home sprouts business, gets historic recognition - 05/29/03 - By Liz Hill / Detroit Free Press


ROCHESTER: Downtown dwellers wooed with new housing - 05/29/03 - By Laura Potts / Detroit Free Press


Where we live: Harper Woods - 05/30/03 - By Brendel Patterson / Detroit Free Press


Firm is named to design vast riverfront theme - 05/31/03 - By Tom Walsh / Detroit Free Press


Simon Group complains of Taubman legislation - 05/31/03 - Mall rival describes lobby tactics to avoid takeover - By Jennifer Dixon / Detroit Free Press


New Neighborhoods: Stonegate Pointe - By Judy Rose / Detroit Free Press


Friday, May 30, 2003
Downtown Brighton project will overhaul city's 'East Block' - 05/23/03 - Redevelopment to get under way this month - By Tom Tolen / Ann Arbor News


Designers taking a fresh look at Howell - 05/23/03 - Design Michigan community makes cost-effective recommendations to update storefronts - By Stephennie Koehn / Ann Arbor News


Developers sketch plans for US-23 north corridor - 05/28/03 - Residents, officials fear impact of Ann Arbor-Whitmore Lake buildup - By John Mulcahy / Ann Arbor News