Bedrock Inc. today broke ground on a $1-billion mixed-use development on the site of the former Hudson’s Department Store along Woodward Avenue in downtown Detroit. The start of construction follows years of planning and preparation that will result in a one-million-square-foot development that will include create Michigan’s tallest building at 800 feet, residences, retail space, conference centers, presentation theatres, and a skydeck.
Southfield-based automotive systems and component supplier Denso today announced the acquisition of Holland, Mich.-based InfiniteKey Inc., along with several key patents and development resources. Terms of the deal were not disclosed.
Troy-based Horizon Global Corp., a manufacturer of branded towing and trailering equipment, today announced a definitive agreement to acquire the Brink Group from H2 Equity Partners for $199.4 million.
Peloton Technology, a developer of connected and automated vehicle systems for U.S. and global freight carriers, hosted a live demonstration earlier this week of driver-assistive truck platooning on I-96 in Novi.
Olympia Development of Michigan today announced the beginning of construction on a new 285,000-square-foot, multi-story mixed-use building at the southwest corner of Temple and Park in The District Detroit.
The Entrepreneurs of Color Fund, a fund for minority-owned small businesses in Detroit, has tripled in size with an $18 million investment from the Detroit Development Fund (DDF), JPMorgan Chase, and the W.K Kellogg Foundation (WKKF).
The American Center for Mobility (ACM) today announced it has opened its state-of-the-art proving grounds for testing, with Visteon Corp. in Van Buren Township and Toyota Research Institute in Ann arbor on site to begin testing operations, and others scheduling for next week.
Auburn Hills-based automotive supplier Continental will demonstrate two new battery charging systems to maximize the advantages of electric vehicles, including an automatic wireless charging system that transfers power inductively, next month (Jan. 9-12) at the Consumer Electronics Show in Las Vegas.
As Amazon weighs where to build its second North American headquarters (H2Q), Troy-based G2 Consulting will provide construction engineering services for an 850,000-square-foot Amazon distribution center currently underway in Shelby Township.
The Holtzmann Wildlife Foundation in Farmington Hills today announced a $500,000 grant to assist the Detroit Zoo in Royal Oak with a 4,000-square foot expansion of the red panda exhibit. The red pandas renovated habitat will feature a more stimulating naturalistic environment combined with educational experiences for the zoo’s 1.5 million annual guests.
Oakland University (OU) in Auburn Hill will open a Plum Market on campus in the renovated Oakland Center in Fall 2018. The partnership will focus on quality food, service, and engagement with students and faculty.
The Ann Arbor-based Association for Advancing Automation (A3) today announced that the robotics, machine vison, motion control, and motor technology industries set records through the first nine months of 2017.
Ricardo Defense Systems in Van Buren Township and Lightweight Innovations For Tomorrow (LIFT), a Manufacturing USA institute in Detroit, today announced the successful completion of their pilot project to retrofit 10 Michigan National Guard vehicles with RDS’ optimized antilock braking system (ABS) and electronic stability control (ESC) to reduce fatal rollovers in High Mobility Multipurpose Wheeled Vehicles (HMMWV).
Bloomfield Township-based Penske Automotive Group, an international transportation service provider and leading retailer of vehicles, today announced a signed agreement to acquire The Car People, a fixed-price used vehicle retailer in the United Kingdom.
If Southwest Solutions, a multifaceted human services agency in Detroit, did nothing else but renovate affordable homes and sell them to lower-income residents, homeless people, or veterans, it would fail.
Rebuilding urban districts lining Michigan Avenue — Corktown in Detroit and the two downtown areas of Dearborn — follow a similar formula: Get land control, find strong developers, reduce red tape, and rebuild.