Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message.
Detroit Historical Museum Exhibit Recalls Magic of Holidays at Hudsons
The Detroit Historical Museum’s “Hudson’s Holidays” exhibit will bring back the memories and magic of Hudson’s in pop-up exhibitions throughout the museum, starting Thursday.
The exhibition will feature a selection of must-see items from the Detroit Historical Society collection, including the toys and decor that made the holidays at Hudson’s so magical, the fashions and accessories that made the store a year-round shopping destination, and some artifacts from the downtown store that evoke the massive building’s distinctive features.
Visitors will be able to revisit traditions enjoyed by generations of Detroiters, like seeing the World’s Largest Flag, visiting Santa in Toy Town, and shopping for deals in the Basement Store.
Throughout December, the museum will offer Free Holiday Sundays to showcase the “Hudson’s Holidays” exhibition. For details, visit detroithistorical.org.
Founded as a humble clothier for men and boys in 1881, J.L. Hudson Co. reportedly racked up an average of 100,000 sales per day by the 1950s, and its 25-story building was the world’s tallest department store until 1961. Visitors will learn what made Hudson’s so popular, like its huge selection of merchandise and full-service approach, which went beyond in-store restaurants, salons, and alterations departments to offer amenities like a circulating library, a writing lounge, and an in-house dry cleaner.
Lear to Supply Advanced Connectivity Technology to Global EV Manufacturer
Southfield-based automotive seating and e-systems technology provider Lear Corp. today announced it will begin supplying its 4G/5G telecommunications unit in late 2022 to a global electric vehicle automaker to provide advanced connectivity and vehicle positioning solutions that assist driving and parking functions.
This is a new automotive production application of Lear’s proprietary Global Navigation Satellite System — a high-accuracy vehicle positioning technology — integrated into Lear’s 4G/5G telecommunications unit, which connects the vehicle to cloud services and controls diagnostics and communications to and from the vehicle.
Lear says its system offers the automaker “industry-leading, better than lane-level vehicle position accuracy,” supporting the requirements of advanced driver-assistance systems.
“Our global customers are seeking innovative solutions that provide market-leading safety and consumer experiences,” says Carl Esposito, a Lear senior vice president and president of e-systems at the company. “This award validates our unique value proposition of offering a telecommunications unit integrated with precise vehicle positioning solutions.”
Lear’s high-accuracy vehicle positioning solutions offer:
- Vehicle accuracy up to 10 centimeters (4 inches).
- Global availability, including China, without reliance on local positioning infrastructure.
- Modular and flexible software-based solution that doesn’t require specialized hardware.
- Data optimized corrections service that uses 20 to 30 times less data than competing solutions — substantially reducing operating expenses for automakers.
- Robust and predictive solution that mitigates loss of connectivity for up to 15 minutes.
“This program award is the result of Lear’s unique value proposition — global expertise in connectivity, software, services, and high-accuracy vehicle positioning,” Esposito says. “We look forward to collaborating with our customer to deliver Lear’s market leading connectivity technologies.”
Visit Detroit Named Presenting Sponsor of The Rink at Campus Martius Park
The Downtown Detroit Partnership has named Visit Detroit as the presenting sponsor of the 2021-2022 season of The Rink at Campus Martius Park during an event to unveil the sponsor logo on center ice.
The family-friendly outdoor ice rink in the heart of downtown will operate at full capacity for the season.
“The Rink at Campus Martius Park offers one of the most beautiful and iconic skating experiences in the country and continues to be a top destination for the entire region during the holiday and winter seasons,” says Eric Larsen, CEO of the DDP.
David Cowan, chief public spaces officer at the DDP, says, “Like Visit Detroit, community is central to everything we do. With Visit Detroit as our new rink partner, it affords us the opportunity to continue enhancing the experience at the rink and, together, strengthen its role in the community and attract more people to explore everything our great city has to offer, including spectacular light displays, winter markets and shopping, activities for families and kids, entertainment, sports and dining.”
This sponsorship by metro Detroit’s tourism bureau is an opportunity for Visit Detroit to share with the world what it is and to reintroduce it to the tri-county residents.
“We take pride in representing the metro Detroit area to people all over the world,” says Claude Molinari, president and CEO of Visit Detroit. “This is a chance to express on a large scale just how much we love Detroit. We appreciate partnering with the DDP who always goes above and beyond to elevate the city and beautifully activate some of our highly visited greenspaces.”
The Rink opens officially on Friday, Nov. 19, following the Detroit Tree Lighting Ceremony. The Rink will be open daily, including holidays, through March 6, 2022.
Admission for the 2021-2022 season is $11 for adults; and $9 for children 12 and under and seniors 59 and older. Military and first responders pay $8. Skate rental is $5. Tickets and skate rentals may be purchased on site at Campus Martius Park or by phone at 313-963-9393. They are offered on a first come, first serve basis.
For more information visit DowntownDetroitParks.com.
Newmark Announces 710K+ Square Feet of Industrial Renewals in Metro Detroit
Commercial real estate company Newmark, which has offices in Southfield and Farmington Hills has inked 710,066 square feet of industrial leasing in metro Detroit since the beginning of 2021on behalf of STAG Industrial Inc. of Boston.
Newmark Executive Managing Director Dan Labes represented STAG in the five lease renewals across five different warehouse distribution facilities. The leases represented a 20 percent increase in rental income on average with annual rent escalations averaging more than 3 percent. Tenant industries ranged from 3PLs to e-commerce companies to auto suppliers.
“These transactions demonstrate the strength of the industrial market in metro Detroit, which continues to be an incredibly attractive area metro for industrial businesses to operate,” says Labes. “With few vacancies and a very tight market, industrial tenants who are looking for space are often limited when it comes to relocation options, so structuring renewals becomes paramount.”
According to Newmark Research’s Q3 2021 Metro Detroit Industrial Market report, the metro Detroit vacancy rate fell 20 basis points to 4.2 percent during the third quarter, as just more than 956,000 square feet were absorbed.
Visit here to view the entire report.
Great Lakes Data & Analytics Summit Looking for Speakers
The Great Lakes Data & Analytics Summit, March 10, 2022 at the Troy Marriott, is looking for speakers to share their knowledge and practical use cases of digital solutions, including data integration, advanced analytics, data engineering, data visualization, or analytics automation.
Topics that can be covered during the one-day event include but aren’t limited to:
- Data Catalog
- Data Visualization
- Data Management
- Machine Learning
- Predictive Analytics
- Augmented Analytics
- Conversational Analytics
The audience will range from business analysts to key analytics decision-makers from various industries in the area. The deadline to submit an idea is Friday, Jan. 14, 2022. If you are chosen, you will be notified as soon as possible.
To submit an application to speak, visit here.