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Gilbert-backed housing in North Corktown seeks tax reprieve for soon-to-be residents Housing advocates in the neighborhood just north of Ford Motor Co.’s Michigan Central Station are seeking a tax abatement for the area’s future residents. The North Corktown Neighborhood Association is asking city lawmakers to establish a Neighborhood Enterprise Zone (NEZ) property tax abatement for…
Home of Detroit’s only Whole Foods is up for sale One of Peter Cummings’ signature development projects in Detroit is now on the market — the latest in a string of properties the prominent developer is looking to unload. There is no asking price for the retail space at The Ellington at Mack and Woodward…
Compass makes play for @properties parent amid consolidation of real estate brokerages The nation’s largest residential real estate brokerage could soon have a presence in Southeast Michigan and across the state. New York City-based Compass Inc. (NYSE: COMP) announced Monday afternoon that it has reached a deal to acquire Christie’s International Real Estate as well…
Music Hall eyes early 2025 groundbreaking for new multi-story expansion Music Hall’s $125 million expansion project, delayed this year while financing plans and other requirements for $80 million in nonprofit bonds were firmed up, could see a groundbreaking as soon as early next year. The organization secured a $45 million bridge loan last month from…
Owning a home is a keystone of wealth… both financial affluence and emotional security.