A conference focused on the latest offerings in retail and residential real estate in metro Detroit will be held at the Suburban Collection Showplace in Novi next week.
The 2016 International Council of Shopping Centers — Michigan Chapter program, to be held Feb. 11, will offers attendees the latest information on upcoming retail and residential offerings in the region, including along and near the upcoming M-1 light rail line that is scheduled to be operational along Woodward Avenue in Detroit in early 2017. Attendees will also be able to earn six hours of Michigan continuing education real estate credits.
Attendees will include “business, principals, owners of shopping centers, developers, property managers, and retailers,” says Paul Magy, committee chair of the event. “This includes a development update. It’s a real opportunity for people who are involved in retail real estate to be up on what’s going on.”
The morning sessions offer multiple topic discussions, including the latest on mixed-use developments; new types of retail concepts; and new projects planned around the Detroit Red Wings Arena under construction near the northwest corner of I-75 and Woodward in Detroit. Panelists include Heath Carr, COO of Bedrock Manufacturing, which owns Detroit-based Shinola, and Steve Marquardt, vice president of Olympia Development, which is overseeing the new Red Wings Arena.
Paul Traub, an economist with the Federal Reserve Bank of Chicago in Detroit, will offer an economic forecast, followed by panel discussions on what it takes to create a successful retail development in Michigan, along with how to obtain financing on new commercial purchase transactions, among other topics.
Local radio and television commenter Jack Lessenberry will be the keynote presenter, offering his thoughts on the year ahead in politics.
“It’s great information,” says Jim Bieri, principal of Detroit-based Stokas Bieri Real Estate and a panel moderator at the event. “Not only does it fulfill your requirements, the programming is terrific. It’s something you have to do anyway in terms of getting your requirements, and the retail business in general continues to get better in the city."
The program costs $85 for Internal Council of Shopping Centers members and $110 for non-members through Feb. 8, with prices increasing afterwards.