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Homebuilders, mobile home group sue to block new construction codes Credit: BloombergThe Home Builders Association of Michigan and the Michigan Manufactured Housing Association are suing the state over new construction codes. LANSING — Two statewide housing trade groups have sued the state of Michigan, challenging new residential construction and energy-conservation codes they contend will raise…
First they were doctors. Now, they’re leading metro Detroit development. Credit: Nic Antaya/Crain’s Detroit BusinessDr. Mahmoud Al-Hadidi poses for a portrait outside of the Renaissance Center Tower 600 in Detroit that he purchased in March. For two years, Dr. Mahmoud Al-Hadidi went to war with COVID-19. As a pulmonologist, internal medicine and sleep medicine specialist…
Embattled Detroit hospital developer files for bankruptcy Credit: Annalise Frank/Crain’s Detroit BusinessRon Castellano of Herman Kiefer Development LLC has been trying since 2015 to redevelop the Herman Kiefer hospital site in Detroit. The New York City-based developer who has struggled for a decade to redevelop the historic Herman Kiefer hospital and surrounding property in Detroit…
Comerica inks large lease in Dan Gilbert building Credit: Quicken LoansThe One Campus Martius building owned by Dan Gilbert in downtown Detroit. Comerica Inc. has inked a large short-term lease at Dan Gilbert’s One Campus Martius building downtown. The bank confirmed Friday that it signed a deal at the tower to serve as a home…
Owning a home is a keystone of wealth… both financial affluence and emotional security.