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Business Desk

Detroit MI Business Archive — Page 2

Every business story we have published in Detroit — mergers, openings, executive moves, capex, and the deals that move the local economy.

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Business

Book-Cadillac Penthouse Lists for $2.795M in Detroit

October 16, 2026
DETROIT, Mich. — A two-level corner condo high in Detroit's Westin Book Cadillac tower is listed at $2,795,000, putting a landmark residence back on the market. Unit 2902 covers about 3,079 square feet with two bedrooms, an office, assigned parking and a storage unit. Corner windows look out over the river, the Ambassador Bridge and
Business

Detroit Housing Tilts Further Toward Buyers, Redfin Says

October 16, 2026
DETROIT, Mich. — Metro Detroit is operating as a buyer's market, with home sellers outnumbering active buyers by 37.9% in September, according to brokerage Redfin's latest tally. Redfin counted about 7,102 sellers against 5,152 buyers in the Detroit metro that month. Nationwide, sellers topped buyers by 63%, the widest gap the firm ties to conditions
Business

Van Buren Township Approves Google Data Center Site Plan

October 16, 2026
VAN BUREN TOWNSHIP, Mich. — Van Buren Township planners gave a 5-1 green light Wednesday to the site layout for a Google computing campus on 282 acres beside I-94 and I-275, just west of Detroit Metro Airport. The hyperscale build, nicknamed Project Cannoli, covers nearly 1.5 million square feet. Approval lets developer Panattoni keep laying
Business

State Space Innovation Hub Will Be Based at Newlab in Detroit

October 16, 2026
DETROIT, Mich. — A new statewide network meant to help Michigan companies win work in the space industry will make its home in Detroit, at Newlab inside the Michigan Central Innovation District, Gov. Gretchen Whitmer announced Thursday. The Michigan Space Innovation Hub is set to open Oct. 28. A one-year grant of almost $1.2 million
Business

Little Ghost plans second spot in Grosse Pointe Woods

October 12, 2026
Grosse Pointe Woods, Mich. — Little Ghost, the fast-casual burger stand from the team behind Grey Ghost, plans a second location at 20567 Mack Avenue in Grosse Pointe Woods with an early 2027 opening target. The Ferndale original opened in August 2025 on Woodward south of Nine Mile and drew long lines for chef-crafted burgers.
Business

Detroit, Mich., insurer faces AG monopoly antitrust suit

October 9, 2026
DETROIT, Mich. — Michigan Attorney General Dana Nessel filed an antitrust lawsuit Wednesday, Oct. 8, accusing Detroit, Mich., based Blue Cross Blue Shield of Michigan of building an illegal health insurance monopoly that squeezed providers and raised costs for families. The complaint was filed in U.S. District Court for the Eastern District of Michigan. Nessel
Business

Detroit, Mich., sees Waymo begin driverless testing

October 8, 2026
DETROIT, Mich. — Waymo began fully autonomous testing in Detroit, Mich., on Tuesday, Oct. 6, sending its robotaxis onto city streets with no human specialist behind the wheel as the company moves toward eventual public service. For now, rides are open only to Waymo employees while the company sets up what it calls a safety
Business

Detroit, Michigan, pizzeria Grandma Bob’s adds West Village spot

October 7, 2026
DETROIT, Mich. — Grandma Bob’s, the Corktown pizzeria known for Detroit-style square pies, is opening a second location in Detroit, Michigan’s West Village neighborhood this fall. The new restaurant will take over the former Marrow butcher shop and restaurant space at 8044 Kercheval. Marrow closed its West Village spot in early June after its owner