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Detroit soccer club seeks $15M to complete $50M equity raise for new stadium Credit: Larry Peplin for Crain’s Detroit BusinessThe Detroit City FC soccer teams currently play in Keyworth Stadium in Hamtramck. They are looking to build a new 15,000-seat stadum in southwest Detroit. The Detroit City FC soccer organization is looking to raise another…
New downtown Birmingham building tops out Credit: Courtesy of The Boji GroupStructural steel has topped out at the 370 Brown St. development in downtown Birmingham. The structural steel has topped out at a new $80 million mixed-use development in downtown Birmingham. The milestone is a significant step toward completing the 135,000-square-foot, four-story building at 370 Brown St. …
Massive $270M development planned next to Novi convention center Credit: Suburban Collection ShowplaceThis rendering shows plans for the Novi City West development, which the owners of the Suburban Collection Showplace in Novi are planning to build next to the convention center. The owner of the Suburban Collection Showplace in Novi is rolling out an ambitious…
Owners of metro Detroit office buildings underwater on loans as value tanks Credit: Kirk Pinho/Crain’s Detroit BusinessThe Bank of America Building/Somerset Atrium in Troy. A New York City-based landlord swooped into metro Detroit in 2017 and dropped $74 million on the storied Bank of America office building in Troy. Eight years later, the building is…
Owning a home is a keystone of wealth… both financial affluence and emotional security.