News

$250M grant request indicates deal could be near for Michigan megasite Michigan economic development officials are expected to seek approval for a $250 million grant to support a massive manufacturing development near Flint. The Michigan Strategic Fund is scheduled to consider on Tuesday a proposal for the Strategic Site Readiness Program grant for the Mundy…

Detroit planners set stage for future new uses at Rencen tower City planners have taken a step toward allowing Renaissance Center Tower 600 to be used for more than just office space.  With the Detroit Planning Commission’s approval on Thursday night, an entity connected to Farmington Hills-based Friedman Real Estate, which owns the 336,000-square-foot Tower 600 of the…

Friedman bought 2 RenCen towers in December. It sold 1 later that day. Friedman Real Estate’s ownership of the 500 tower of the Renaissance Center didn’t last long at all. The same day in December 2023 that the Farmington Hills-based real estate company purchased the 500 and 600 towers on the Detroit riverfront, it turned around and…

New $80M building in downtown Birmingham has major anchor tenant Construction on an $80 million, four-story mixed-use building in downtown Birmingham has begun, starting with demolition. Developer Ron Boji’s new project on East Brown Street west of Old Woodward Avenue, next door to the new RH (formerly Restoration Hardware) store under construction, comes armed with a…