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Read MoreBUSINESS NEWS
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...
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...
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...
Juicy Kitchen’s Renovation Plans Following Fire Incident
News Summary Juicy Kitchen in Ann Arbor is set to undergo major renovations after a fire caused extensive damage. The cafe, beloved for its vegetarian and vegan options, is launching...
Home Renovation Challenges in Game Day Neighborhoods
News Summary Living near college sports stadiums presents unique opportunities and challenges for homeowners looking to renovate. Homeowners in areas like Berkeley and Ann Arbor enjoy the vibrant atmosphere game...
University of Michigan’s $9.2 Million Renovation Project
News Summary The University of Michigan is investing $9.2 million to renovate its Wyoming field station, which includes demolishing old structures and building modern facilities. The upgrades will enhance dining,...
University of Michigan Proposes Major Renovation in D.C.
News Summary The University of Michigan is proposing a $9 million renovation project for its leased space in Washington, D.C., aimed at enhancing its facilities for alumni and students. The...
Renovation and Expansion of Beaver Stadium Underway
News Summary Beaver Stadium, home to Penn State football, is set for a $700 million renovation aimed at enhancing fan experience and increasing capacity. The upcoming upgrades include luxury seating,...
Detroit Urban Development: Mayoral Candidates Debate Housing Affordability
News Summary As Detroit’s mayoral race heats up, candidates Mary Sheffield and Rev. Solomon Kinloch, Jr. discuss key issues such as housing affordability, home repair programs, and public transportation infrastructure...
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
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...
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...
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...
Juicy Kitchen’s Renovation Plans Following Fire Incident
News Summary Juicy Kitchen in Ann Arbor is set to undergo major renovations after a fire caused extensive damage. The cafe, beloved for its vegetarian and vegan options, is launching...
Home Renovation Challenges in Game Day Neighborhoods
News Summary Living near college sports stadiums presents unique opportunities and challenges for homeowners looking to renovate. Homeowners in areas like Berkeley and Ann Arbor enjoy the vibrant atmosphere game...
University of Michigan’s $9.2 Million Renovation Project
News Summary The University of Michigan is investing $9.2 million to renovate its Wyoming field station, which includes demolishing old structures and building modern facilities. The upgrades will enhance dining,...
University of Michigan Proposes Major Renovation in D.C.
News Summary The University of Michigan is proposing a $9 million renovation project for its leased space in Washington, D.C., aimed at enhancing its facilities for alumni and students. The...
Renovation and Expansion of Beaver Stadium Underway
News Summary Beaver Stadium, home to Penn State football, is set for a $700 million renovation aimed at enhancing fan experience and increasing capacity. The upcoming upgrades include luxury seating,...
Detroit Urban Development: Mayoral Candidates Debate Housing Affordability
News Summary As Detroit’s mayoral race heats up, candidates Mary Sheffield and Rev. Solomon Kinloch, Jr. discuss key issues such as housing affordability, home repair programs, and public transportation infrastructure...
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...