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Consumers Energy seeks 7% rate hike to bolster grid Consumers Energy is seeking a $325 million, or 7%, hike in electricity rates — an increase that Michigan’s second-biggest electric utility says is needed to begin implementing a multi-year plan to harden and upgrade the grid to avoid outages. The Jackson-based company filed the request with the state…
See inside the restored Michigan Central Station Detroit is set to celebrate the grand re-opening of a long-shuttered landmark this week. Following a six-year-long renovation by Ford Motor Company to fix 30-plus years of vacancy, Michigan Central Station is ready for its next chapter; no longer as a hub for train travelers, but as a…
Northville Downs redevelopment breaks ground on plan for 400-plus residential units, large green space A large mix of developers is moving forward on a wholesale makeover of the site of the Northville Downs racetrack, totaling well into the hundreds of millions of dollars. Officials broke ground Monday on a mix of rental and for-sale residential…
Here’s what it will cost to live in new Hudson’s Detroit condos The nearly 100 Edition-branded condos planned for the Hudson’s Detroit skyscraper will be unlike anything that “has ever been done in Detroit before,” according to the New York City broker leading sales of the units. Detroit-based developer Bedrock LLC and Douglas Elliman, the…
Owning a home is a keystone of wealth… both financial affluence and emotional security.