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Luxury retailer in downtown Birmingham nears its opening Credit: Kirk Pinho/Crain’s Detroit BusinessThe under-construction RH flagship store in downtown Birmingham on Tuesday, July 1. Birmingham’s luxury retail scene is going to get a lot bigger in the coming months. There is no formal opening date set for the flagship RH (formally Restoration Hardware) store yet,…
Controversial steam line moves forward for Lafayette Park condo building Credit: Nick Manes/Crain’s Detroit BusinessResidents of the Mies van der Rohe Historic District in Detroit’s Lafayette Park neighborhood just east of downtown are protesting Detroit Thermal work in the area. Controversial plans to connect a Detroit high-rise building to steam heat using a historic residential…
Oracle, OpenAI consider Michigan site for data center as Stargate deal expands Credit: Dhiraj Singh/BloombergA server room in a data center. Open AI has agreed to rent a massive amount of computing power from Oracle Corp. data centers as part of its Stargate initiative, underscoring the intense requirements for cutting-edge artificial intelligence products. The AI…
Detroit sues blockchain real estate company over poor conditions at hundreds of rentals Credit: Anna Fifelski/Crain’s Detroit Business.This home at 22233 Lyndon St. in Detroit is a rental owned by Real Token, a blockchain-based real estate investment company that has landed in hot water with the city over health and safety violations. The city of…
Owning a home is a keystone of wealth… both financial affluence and emotional security.