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Read MoreBUSINESS NEWS
Revitalizing Briarwood Mall: A Focus on Renovation and Development
News Summary The Briarwood Mall in Ann Arbor is facing a significant legal dispute over property tax assessments, revealing the pressing need for extensive renovations. As discussions around the mall’s...
University of Michigan Plans Major Renovations with $85 Million Investment
News Summary The University of Michigan is set to vote on an ambitious $85 million renovation plan that will rejuvenate its Ann Arbor and Dearborn campuses. Funding will be allocated...
Plumbing Scandal Disrupts Home Renovation Industry
News Summary The plumbing company Orduna Plumbing faces serious accusations for employing hundreds of undocumented immigrants across six states, amounting to $74 million in work. The owners, Moises and Raquel...
Renovation Transforms Little Caesars Store in Leesburg
News Summary The Little Caesars store in Leesburg is set to reopen on November 15, 2025, following a major renovation aimed at enhancing speed and customer convenience. The store features...
Northwestern Wildcats Stadium Construction Nears Completion
News Summary The construction of the Northwestern Wildcats’ new stadium, costing $862 million, is nearing completion. With a seating capacity of 35,000 and innovative designs focused on enhancing fan experience,...
Trinity Health Ann Arbor Emergency Department Renovation Underway
News Summary Trinity Health Ann Arbor is set to undergo a major overhaul of its Emergency Department, with a $60.5 million investment aimed at expanding and modernizing facilities. Construction begins...
Transition in Leadership at Gleaners Community Food Bank
News Summary Angela Moloney is set to become the new president and CEO of Gleaners Community Food Bank, marking a new chapter for the organization. With a commitment to combat...
Ford’s Innovative Dealership Renovation: A New Era in Automotive Infrastructure
News Summary Ford is set to revolutionize the automotive dealership experience with its new ‘Signature 2.0’ design, focusing on hospitality and comfort. The initiative will transform all 9,000 dealerships globally...
Kansas City Chiefs Consider Major Renovations for Arrowhead Stadium
News Summary The Kansas City Chiefs are exploring innovative renovations for Arrowhead Stadium, including a dome-like structure with a flexible roof. This initiative, backed by Governor Mike Kehoe, aims to...
Finance
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...
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...
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 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 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...
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 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’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...
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
Revitalizing Briarwood Mall: A Focus on Renovation and Development
News Summary The Briarwood Mall in Ann Arbor is facing a significant legal dispute over property tax assessments, revealing the pressing need for extensive renovations. As discussions around the mall’s...
University of Michigan Plans Major Renovations with $85 Million Investment
News Summary The University of Michigan is set to vote on an ambitious $85 million renovation plan that will rejuvenate its Ann Arbor and Dearborn campuses. Funding will be allocated...
Plumbing Scandal Disrupts Home Renovation Industry
News Summary The plumbing company Orduna Plumbing faces serious accusations for employing hundreds of undocumented immigrants across six states, amounting to $74 million in work. The owners, Moises and Raquel...
Renovation Transforms Little Caesars Store in Leesburg
News Summary The Little Caesars store in Leesburg is set to reopen on November 15, 2025, following a major renovation aimed at enhancing speed and customer convenience. The store features...
Northwestern Wildcats Stadium Construction Nears Completion
News Summary The construction of the Northwestern Wildcats’ new stadium, costing $862 million, is nearing completion. With a seating capacity of 35,000 and innovative designs focused on enhancing fan experience,...
Trinity Health Ann Arbor Emergency Department Renovation Underway
News Summary Trinity Health Ann Arbor is set to undergo a major overhaul of its Emergency Department, with a $60.5 million investment aimed at expanding and modernizing facilities. Construction begins...
Transition in Leadership at Gleaners Community Food Bank
News Summary Angela Moloney is set to become the new president and CEO of Gleaners Community Food Bank, marking a new chapter for the organization. With a commitment to combat...
Ford’s Innovative Dealership Renovation: A New Era in Automotive Infrastructure
News Summary Ford is set to revolutionize the automotive dealership experience with its new ‘Signature 2.0’ design, focusing on hospitality and comfort. The initiative will transform all 9,000 dealerships globally...
Kansas City Chiefs Consider Major Renovations for Arrowhead Stadium
News Summary The Kansas City Chiefs are exploring innovative renovations for Arrowhead Stadium, including a dome-like structure with a flexible roof. This initiative, backed by Governor Mike Kehoe, aims to...
Real Estate
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...
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 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...
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...
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,...
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...
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,...
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...
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...