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Bedrock Breaks Ground on Detroit’s Monroe Blocks Mixed-use Project

Detroit’s Bedrock today broke ground on its 1.4-million-square-foot Monroe Blocks project, which will be located at the corner of Monroe Street and Campus Martius in downtown Detroit.

Livonia’s Pet Supplies Plus Acquired by Sentinel Capital Partners

Livonia’s Pet Supplies Plus, the third-largest pet store chain in the U.S., has been sold to Sentinel Capital Partners, a New York-based private equity firm. Terms of the transaction were not disclosed.

Dearborn Heights’ English Gardens Acquires Plymouth Township Nursery

Dearborn Heights-based English Gardens today acquired Plymouth Nursery in Plymouth Township. The transaction marks English Gardens’ sixth location in metro Detroit.

Enterprise Holdings to Add 100,000 Connected GM Cars to Rental Fleet in 2019

Enterprise Holdings plans to increase its fleet of connected General Motors rental vehicles by 100,000 during the next 12 months.

Troy’s Allegra Marketing Print Mail Acquires Midwest Banner

Troy’s Allegra Marketing Print Mail Wednesday announced it has acquired Midwest Banner, a signs and graphics company also located in Troy. As part of the deal, Midwest Banner now is operating as Image360.

Novi’s Stoneridge Pushes Technology Strategy with $10M Investment in California’s Autotech Ventures Fund

Novi-based Stoneridge Inc. will invest $10 million over the next 10 years in a fund managed by Autotech Ventures, a Menlo Park, Calif. venture capital firm focused on ground transportation technology.

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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More »From the Magazine

PDA Q&A: Noel H. Nevshehir, E-Interview

Director of International Business Services, Automation Alley, Troy

Arabian Night

An international auction of Arabian horses in Scottsdale, Ariz., was the brainchild of three metro Detroit investors.

Wood Work

Abir Ali and Andre Sandifer design and craft furniture in Detroit.

Work Wear

Duluth Trading Co. opens its first Michigan location in the backyard of Carhartt.

Plant and Repeat

The greens from Normandy Oaks Golf Club in Royal Oak find new homes at other courses in metro Detroit.

Stadium Wars

As Little Caesars Arena prepares to open in the fall, Ford Field is getting a $100-million renovation.

Supply Side

More available parcels for national retailers are needed in metro Detroit.

The Century Club 2017

From colleges to real estate and racing teams to construction firms, how companies last 100 years or longer is a testament to fortitude and vision.

Valentine's Day

Valentine Vodka in Ferndale is gaining national recognition for its spirits.

Fun and Games

Lights, cameras, dancers and DJs hit the mark at Greektown Casino.

The Scan Man

Local businessman is a pioneer when it comes to 3-D scanning.

Even Flow

Compendium News Links More »

The Outside Media Opine on the Motor City

If Obama Had Carter's Courage . . .

Source: The Wall Street Journal online

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