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Stoney River Steakhouse at Columbia Center in Troy to Open in October

Adding to what is the highest concentration of steakhouses in Michigan, J. Alexander’s Holdings Inc. today announced it will open a new Stoney River Steakhouse and Grill on Oct. 29 at 155 West Big Beaver Road (near Livernois) in the Columbia Center campus in Troy.

The M Den to Open at Columbia Street in Downtown Detroit Next Year, Includes The Victors Collection

The M Den and Olympia Development of Michigan today announced that the official merchandise retailer for University of Michigan athletic apparel will open its first Detroit location along the new Columbia Street shopping and dining destination next year.

Metro Detroit Home Permits on Pace for Second-Best Year Since 2006

A total of 503 single-family permits were issued in Macomb, Oakland, St. Clair, and Wayne counties in August 2018, according to a new report from the Home Builders Association of Southeastern Michigan. This is more than the 440 permits the association’s econometric model had forecasted.

MSU in East Lansing Receives $2M to Reimagine U.S. Power Grid

East Lansing’s Michigan State University Wednesday announced it has received $2 million to help develop next-generation designs for long-duration storage on the U.S. power grid. MSU will work with partners Arizona State University, Dresser-Rand, and Saudi Aramco Energy Ventures on the project.

Southwest Solutions Receives $2.5M Gift to Renovate Homes in Detroit’s Newberry Neighborhood

Southwest Solutions in Detroit Wednesday announced it has received a $2.5-million gift from Judith Yaker to establish the Sam L. and Judith Yaker Fund that will be used to catalyze homeownership and revitalization in the Chadsey-Condon neighborhood in southwest Detroit.

The Kiefer Foundation in Plymouth Expands Efforts to Combat Distracted Driving

The Kiefer Foundation in Plymouth, which trains and educates teenage drivers and their parents about the importance of safe and responsible driving, Wednesday announced the second phase of a project with the Michigan Department of Transportation to install a 1.3-mile stretch of protective cable guardrail on I-96 near East Lansing.

Henry Ford Health System to Occupy New Office Building in Downtown Royal Oak

Detroit-based Henry Ford Health System today announced it will occupy all of Royal Oak City Center, a new six-story, 145,000-square-foot, high-tech outpatient medical center that is expected to open in mid-2020.

David DiChiera, Founder and Former General Director of Michigan Opera Theatre in Detroit, Passes Away

David DiChiera, founder and long-time general director of Michigan Opera Theatre (MOT), died Tuesday at his home in Detroit with his family by his side. He was 83 years old and had been diagnosed with pancreatic cancer in March 2017.

Report: Home Sales Down Slightly in August, Median Sales Price Up

Metro Detroit home sales are down year-over-year while the median sales price has increased, according to the August 2018 RE/MAX of Southeastern Michigan Housing Report.

Terry Adderley Retires as Chairman of Troy-based Kelly Services

Kelly Services Inc., a large workforce solutions firm in Troy, today announced the retirement of Terence E. “Terry” Adderley as chairman, and elected lead director Donald R. Parfet to be its next chairman. George S. Corona will continue as president and CEO of Kelly Services and remain a member of Kelly’s board, while Adderley remains the controlling shareholder.

Southfield’s CarbonTV Relaunches and Expands Outdoor Lifestyle Content and Offerings

CarbonTV, a Southfield-based outdoor, online over-the-top (OTT) streaming content site, Tuesday announced the relaunch of CarbonTV.com. Updates include a streamlined interface, faster-loading content, and a predictive featured-content engine that will provide a customized experience.

Grand Rapids’ Blackford Capital Invests in California Audiovisual Company

Blackford Capital, a national private equity firm based in Grand Rapids, Tuesday announced it has invested in Tustin, Calif.’s Hall Research, a designer, engineer, and manufacturer of audiovisual hardware and software systems that better communicate between audiovisual sources and displays.

Genuine Parts Co. in Atlanta Acquires Detroit’s Hastings Auto Parts Inc.

Atlanta’s Genuine Parts Co. today announced its U.S. Automotive Parts Group has entered into a definitive agreement to acquire Hastings Auto Parts Inc. in Detroit. The effective close date is Oct. 1. Details of the transaction were not disclosed.

The Corner Apartment and Retail Project at Old Tiger Stadium Site in Detroit to be Completed in February

The former Tiger Stadium site in Detroit received the city’s first modular home drop today as part of a mixed-used development at Michigan and Trumbull called The Corner. The $30-million project, which will feature 111 apartments and 26,000 square feet of commercial space, will be completed in February.

Ann Arbor’s U-M Receives $18M for Tobacco Research Center

The University of Michigan in Ann Arbor today announced its School of Public Health will house a new, multi-institutional center focusing on modeling and predicting the impact of tobacco regulation, funded through an $18-million federal grant from the National Institutes of Health (NIH) and the Food and Drug Administration (FDA).
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More »Marco Leadership Insights

The Self-Firing Plan

Being an effective leader means we also have to know when it’s time to part ways and take action. Retaining an underperforming employee is a reflection on us and can impact the perception of our competency.
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More »From the Magazine

Homebred

More than a wealthy enclave, Indian Village brought architectural richness and exceptional civility to Detroit.

Higher Support

More and more companies and businesses are supporting employees in their efforts to receive higher education.

Chocolate Collateral

A cuisine team from Redford Township converges on cocoa.

Pixar Persuasion

The force was with Jay Shuster, and he rode it all the way to Hollywood.

Parts Air

Ford Motor Co. utilized a massive Antonov AN-124-100 aircraft to ensure the delivery of a 87,000-pound die.

Lip Service

Aspiring beauty mogul Adonai Alexander is our Young CEO of the Year.

Immigration Nation

Low unemployment and rising job postings should be a catalyst for the federal government to boost the number of immigrants entering our country.

Virtual Clouds

Data centers benefit from the region’s stable environment and market access.

A New Hope

Exhibitions are a huge draw for the Detroit Institute of Arts, and to be successful, they must be researched, planned, choreographed, and presented in exacting detail.

PDA: Q&A Elissa Noujaim Pinto

The E-Interview, Shareholder, Butzel Long, Bloomfield Hills

Meat Market

Once a small enterprise, the Peters’ food empire has grown to $40 million in annual sales.

Mortgage Might

Metro Detroit’s mortgage industry, which has three of the top 12 home loan companies in the nation, can realize further growth by taking advantage of new business-friendly regulations, investing more in technology, and providing a better customer experience.

Compendium News Links More »

The Outside Media Opine on the Motor City

Let Syrians Settle Detroit

Source: The New York Times

Larry Page Looks Ahead

Source: Fortune

Detroit Homes Still Selling for $1

Source: The Daily Caller News Foundation

You Can Sell a Lot of Cars with a Tent

Source: Bloomberg Businessweek

The Death and Life of Detroit

Source: The American Prospect

Matty Moroun, Detroit's Border Baron

Source: Bloomberg Businessweek

Women in a Man’s World

Source: The Wall Street Journal

Obama Pushes False GM Success Story

Source: Investors Business Daily

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