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Former Kmart HQ redevelopment may soon take the next step

Former Kmart HQ redevelopment may soon take the next step The redevelopment of the former Kmart Corp. headquarters site could take a step forward next month. The proposal in Troy to turn the 40-acre site into a mixed-use development called Somerset West goes before the Planning Commission for a public hearing and expected vote on the long-in-the-works…

Interest rates and materials costs were already driving up housing prices. Then came tariff threats.

Interest rates and materials costs were already driving up housing prices. Then came tariff threats. Michigan’s homebuilders fear tariffs will complicate matters for an industry already struggling to build affordable housing after the pandemic drove up materials costs and interest rates. President Donald Trump on Feb. 1 announced across-the-board 25% tariffs on Canadian and Mexican…

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