Annual 2018

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Gov. Snyder Signs Legislation to Create Authority to Oversee Straits of Mackinac Line 5 Replacement

Michigan Gov. Rick Snyder today signed legislation to protect the Great Lakes, provide energy security for the state’s residents, and create better infrastructure connections between Michigan’s peninsulas.

Bloomfield Hills’ Agree Development to Acquire 100+ Sherwin-Williams Retail Properties

Bloomfield Hills-based Agree Realty Corp. Tuesday announced that through its subsidiary, Delaware-based Agree Development, it has entered into a purchase agreement for the acquisition of a portfolio of more than 100 retail properties in connection with a sale-leaseback transaction with The Sherwin-Williams Co.

Gilbert Family Foundation Gives $12 Million to NF1 Gene Therapy Research

The Gilbert Family Foundation is providing $12 million over the next three years to several teams researching the underlying genetic abnormalities in neurofibromatosis type 1 patients in hopes of facilitating a cure for the disease. This is the organization’s first initiative involving gene therapy.

DoubleTree by Hilton Opens New Luxury Hotel in Bloomfield Hills

Metro Detroit’s newest luxury hotel, the DoubleTree by Hilton that was redeveloped from the former Kingsley Inn, expects to greet its first public guests in mid-to-late December, just in time for the holiday season. The property has undergone a complete, multi-year renovation.

Site Prep to Begin for Pullman Parc Residential Development in Detroit’s Lafayette Park

Site preparation will begin on Pullman Parc, a four-acre residential development planned for Detroit’s Lafayette Park, Detroit’s Broder and Sachse Real Estate, Farmington Hills’ Hunter Pasteur Homes, and Southfield’s Woodborn Partners announced today.

Troy’s Rehmann Merges with Florida’s Lamn, Krielow, Dytrych & Co.

Troy-based financial services company Rehmann is continuing its growth in Florida with the merger of Jupiter’s Lamn, Krielow, Dytrych & Co., which has served southeast Florida for nearly 50 years.

Loan Program for Independent Medical Practices Coming to Michigan

Practice Pathways, a program through Zions Bancorporation, Monday announced it has expanded to 33 states, including Michigan. It offers lending solutions for entrepreneurial dentists, veterinarians, optometrists, physicians, and pharmacists.

Cooper Standard in Novi License to PolyOne Corp. Expands Fortrex Material Beyond Automotive Market

Cooper Standard of Novi has diversified the reach of its lightweight elastomeric Fortrex material by licensing it to Avon Lake, Ohio-based supplier PolyOne Corp. Cooper Standard will generate revenue and profit from royalty income based on PolyOne's sale of Fortrex-based polymer formulations to its customers.

University Research Corridor Institutions Awarded $3.5M to Continue Gerontology Research

Detroit’s Wayne State University, East Lansing’s Michigan State University, and Ann Arbor’s University of Michigan together received a $3.5-million grant renewal from the National Institutes of Health’s National Institute on Aging to extend the Michigan Center for Urban African American Aging Research (MCUAAAR) to Flint, WSU announced Monday.

Indian IT Provider Wipro to Open Automotive Innovation Center in Detroit Area

Wipro Ltd., an information technology, consulting, and business process services provider based in Bangalore, India, today announced it plans to open an Automotive Innovation Center at an unspecified location in metro Detroit.

Detroit Auto Show to Host Second Annual Mobility "Match Meetings" Jan. 16

The North American International Auto Show, Michigan Economic Development Corp., and PlanetM are staging their second annual business-to-business AutoMobili-D Match Meetings on Wednesday, Jan. 16, from noon to 4 p.m. at Cobo Center.

Restaurant, Bar, Entertainment Spot 925 Social Opens in Oxford

Looking for a single location to eat, drink, and try to keep it all down on a go-kart track? A new restaurant, bar, and entertainment spot called 925 Social had a soft opening on Sept. 25 in Oxford and offers just that and a slew of other activities.
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