Detroit Business News

Business News
Adspro Agency API - HERE City

Adspro Agency API

Stay Connected

More Updates

BUSINESS NEWS

Renovation of the Detroit Secretary of State office

Renovation Plans for Detroit Secretary of State Office

News Summary The Secretary of State office at 14634 Mack Avenue in Detroit is set for major renovations starting October 27. The office will close temporarily to upgrade its infrastructure...

Rendering of the Neighborhood Promise Training Center in Decatur.

Decatur’s Neighborhood Promise Training Center Under Construction

News Summary Decatur is set to welcome the Neighborhood Promise Training Center by February 2026. This new facility will provide homeowners with essential repair skills, promoting self-sufficiency and financial stability...

Rendering of a modern six-story innovation center with a ground-floor café and adjacent residential tower on a Detroit city street

University of Michigan Unveils Center for Innovation in Detroit

Detroit, Michigan, October 21, 2025 The University of Michigan revealed plans and renderings for a new Center for Innovation in Detroit, a six-story, 200,000-gross-square-foot facility at Grand River Avenue and West...

Architectural rendering of a proposed multimodal transportation hub adjacent to the historic Michigan Central Station with trains, buses and streetcar connections

Detroit Announces New Multimodal Transportation Hub Adjacent to Michigan Central Station

Detroit, Michigan, October 21, 2025 MDOT, the City of Detroit, and Michigan Central have signed an MOU to develop a multimodal transportation hub adjacent to the restored Michigan Central Station within...

Large church building under construction at a Detroit intersection with cranes, scaffolding, and a newly paved parking lot

Perfecting Church Construction Resumes at 7 Mile and Woodward in Detroit

Detroit, Michigan, October 21, 2025 After nearly two decades of planning and legal challenges, construction on Perfecting Church’s new 168,000-square-foot facility at 7 Mile and Woodward Avenue in Detroit is actively...

Groundbreaking at Cody High School construction site with community members and students

Detroit Public Schools Begins Construction of New Cody High School

Detroit, MI, October 21, 2025 Detroit Public Schools Community District has started construction on a new Cody High School on the city’s west side as part of the district’s 20-year Facility...

Converted historic industrial building with mixed-use affordable housing and retail on a neighborhood street in Detroit

Detroit Expands Affordable Housing Through Redevelopment and New Projects

Detroit, MI, October 20, 2025 Detroit is advancing a range of affordable housing initiatives that combine adaptive reuse of historic buildings with new construction and preservation efforts. Major projects include conversion...

International cable-stayed bridge under construction over the Detroit River with cranes, completed deck and pedestrian path

Gordie Howe International Bridge Opening Delayed to Early Next Year

Detroit, Michigan, October 20, 2025 The Gordie Howe International Bridge, a major cross-border infrastructure project linking Detroit and Windsor, has been delayed and is now expected to open in early next...

Electric vehicles wirelessly charging on Detroit street with coils embedded under the pavement

Detroit debuts first public wireless-charging roadway for EVs

Detroit, October 20, 2025 Detroit has installed the nation’s first public wireless-charging roadway: a quarter-mile segment of 14th Street in the Michigan Central innovation district now contains inductive copper coils beneath...

Finance

PepsiCo manufacturing facility with a closed sign

PepsiCo to Close Detroit Manufacturing Facility, Lay Off 83 Employees

News Summary PepsiCo has announced the closure of its manufacturing operations at the Detroit facility, affecting 83 employees by September 27, 2025. The layoffs will impact various roles while other...

Exterior view of PepsiCo manufacturing plant in Detroit

PepsiCo Announces Layoffs at Detroit Manufacturing Plant

News Summary PepsiCo has announced the termination of 83 employees at its Detroit manufacturing plant as part of a strategic move to streamline operations. The layoffs, effective September 27, impact...

A vibrant urban scene of Detroit illustrating economic growth sectors.

Detroit’s Economic Growth Forecast Shows Modest Progress

News Summary Recent insights by economists from the University of Michigan reveal that Detroit is projected to experience modest economic growth over the next five years. While the city recovers...

PepsiCo manufacturing plant in Detroit showing signs of layoffs

PepsiCo to Lay Off Employees at Detroit Plant

News Summary PepsiCo has announced it will lay off 83 employees as it shuts down its Detroit manufacturing plant, effective September 2025. The decision affects multiple workers, with the company...

Detroit small businesses benefiting from the Legacy Business Project

Detroit Launches Round 2 of the Legacy Business Project

News Summary Detroit has initiated Round 2 of the Legacy Business Project, providing $310,000 in grants for long-established businesses. The initiative supports firms that have played a crucial role in...

Community members participating in workforce training and development programs.

Ally Financial Grants Over $1.6 Million for Workforce Development

News Summary Ally Financial Inc. has announced a commitment of more than $1.6 million in grants to support workforce development initiatives across 57 nonprofit organizations in Detroit and Charlotte. Nearly...

CBD Detroit Apartments complex in a declining downtown environment

CBD Detroit Apartments Enters Receivership Amid Market Decline

News Summary CBD Detroit Apartments, a luxury complex at 313 Park Ave, has entered court-ordered receivership after owner Jonathan Holtzman defaulted on an $84 million loan. With current occupancy at...

Detroit skyline with skyscrapers and community areas

Detroit’s Economic Transformation and Ongoing Challenges

News Summary Detroit is witnessing a significant transformation with the completion of new skyscrapers, the return of the Pistons, and rising property values, suggesting economic recovery. Yet, many long-standing residents...

City skyline representing Detroit's tech industry growth

Detroit Launches New Initiative to Support Local Startups

News Summary Detroit has announced the Detroit Startup Fund, a program designed to support local tech businesses with grants up to $50,000. The initiative, backed by $700,000 from the city’s...

CONSTRUCTION

Renovation of the Detroit Secretary of State office

Renovation Plans for Detroit Secretary of State Office

News Summary The Secretary of State office at 14634 Mack Avenue in Detroit is set for major renovations starting October 27. The office will close temporarily to upgrade its infrastructure...

Rendering of the Neighborhood Promise Training Center in Decatur.

Decatur’s Neighborhood Promise Training Center Under Construction

News Summary Decatur is set to welcome the Neighborhood Promise Training Center by February 2026. This new facility will provide homeowners with essential repair skills, promoting self-sufficiency and financial stability...

Rendering of a modern six-story innovation center with a ground-floor café and adjacent residential tower on a Detroit city street

University of Michigan Unveils Center for Innovation in Detroit

Detroit, Michigan, October 21, 2025 The University of Michigan revealed plans and renderings for a new Center for Innovation in Detroit, a six-story, 200,000-gross-square-foot facility at Grand River Avenue and West...

Architectural rendering of a proposed multimodal transportation hub adjacent to the historic Michigan Central Station with trains, buses and streetcar connections

Detroit Announces New Multimodal Transportation Hub Adjacent to Michigan Central Station

Detroit, Michigan, October 21, 2025 MDOT, the City of Detroit, and Michigan Central have signed an MOU to develop a multimodal transportation hub adjacent to the restored Michigan Central Station within...

Large church building under construction at a Detroit intersection with cranes, scaffolding, and a newly paved parking lot

Perfecting Church Construction Resumes at 7 Mile and Woodward in Detroit

Detroit, Michigan, October 21, 2025 After nearly two decades of planning and legal challenges, construction on Perfecting Church’s new 168,000-square-foot facility at 7 Mile and Woodward Avenue in Detroit is actively...

Groundbreaking at Cody High School construction site with community members and students

Detroit Public Schools Begins Construction of New Cody High School

Detroit, MI, October 21, 2025 Detroit Public Schools Community District has started construction on a new Cody High School on the city’s west side as part of the district’s 20-year Facility...

Converted historic industrial building with mixed-use affordable housing and retail on a neighborhood street in Detroit

Detroit Expands Affordable Housing Through Redevelopment and New Projects

Detroit, MI, October 20, 2025 Detroit is advancing a range of affordable housing initiatives that combine adaptive reuse of historic buildings with new construction and preservation efforts. Major projects include conversion...

International cable-stayed bridge under construction over the Detroit River with cranes, completed deck and pedestrian path

Gordie Howe International Bridge Opening Delayed to Early Next Year

Detroit, Michigan, October 20, 2025 The Gordie Howe International Bridge, a major cross-border infrastructure project linking Detroit and Windsor, has been delayed and is now expected to open in early next...

Electric vehicles wirelessly charging on Detroit street with coils embedded under the pavement

Detroit debuts first public wireless-charging roadway for EVs

Detroit, October 20, 2025 Detroit has installed the nation’s first public wireless-charging roadway: a quarter-mile segment of 14th Street in the Michigan Central innovation district now contains inductive copper coils beneath...

Real Estate

Luxury apartment complex with pool and fitness center

Birmingham Pointe Opens Luxury Apartment Complex

Birmingham, Michigan, September 18, 2025 News Summary Birmingham Pointe, a new luxurious apartment complex in Birmingham, Michigan, has opened, offering 152 upscale rental units with resort-style amenities. The complex has already...

Rendering of the new Kresge Foundation headquarters in Detroit with solar panels.

Kresge Foundation to Relocate Headquarters to Detroit

News Summary The Kresge Foundation is moving its headquarters from Troy to the Marygrove College site in Detroit, with a $180 million investment aimed at revitalizing local neighborhoods. The new...

CBD Detroit Apartments complex in a declining downtown environment

CBD Detroit Apartments Enters Receivership Amid Market Decline

News Summary CBD Detroit Apartments, a luxury complex at 313 Park Ave, has entered court-ordered receivership after owner Jonathan Holtzman defaulted on an $84 million loan. With current occupancy at...

Volunteers distributing food to families in need at a local food bank.

Forgotten Harvest Awards $4.5 Million to Combat Food Insecurity

News Summary Forgotten Harvest, a food rescue nonprofit in Metro Detroit, has concluded its three-year Agency Capacity Grant Program, awarding $4.5 million to local food distribution partners. The initiative aims...

Artist's impression of Wayne Lofts redevelopment in Detroit

Detroit Executive Plaza Acquired for Redevelopment

News Summary Blackacre Management has acquired the Detroit Executive Plaza for $5 million, a significant redevelopment milestone in Corktown. Plans are in place to transform the site into Wayne Lofts,...

Aerial view of Detroit showcasing residential housing developments.

Detroit Faces Affordable Housing and Child Care Challenges

News Summary Detroit is confronting severe issues related to affordable housing and child care services. The recent opening of La Joya Gardens, an affordable housing complex, is part of a...

Conceptual interior of NoMad Detroit luxury hotel

NoMad Hotels to Open Luxury Hotel in Detroit

News Summary NoMad Hotels is set to open a new location in Detroit at the historic Michigan Central Station in 2027. The hotel will feature 180 guest rooms, including suites,...

Urban landscape depicting cultural landmarks significant to Motown history

Detroit Native Jeff Swaney Shares His Memoir

News Summary Jeff Swaney, a Detroit-born entrepreneur and tech engineer now in Dallas, releases his memoir ‘None of the Answers.’ He will promote the book in Metro Detroit with his...

Upscale townhomes and single-family homes in Detroit

Detroit Sees Growth in New Housing Developments

News Summary Detroit is witnessing a notable increase in the inventory of newly constructed homes, particularly upscale townhomes and single-family houses, especially in the greater downtown area. While the starting...

Here Detroit

Have your Press Release on our site!

Here Detroit

Would you like to add your business to our site?

WordPress Ads