DBusiness Daily Update: Mackinac Island’s Inn at Stonecliffe Makes Time’s World’s Greatest Places List, and More

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The Inn at Stonecliffe brings a new luxury hospitality experience to Mackinac Island after completing a $40-million property-wide transformation. // Photo courtesy of The Inn at Stonecliffe

Mackinac Island’s Inn at Stonecliffe Makes Time’s World’s Greatest Places List

The Inn at Stonecliffe on Mackinac Island is featured as one of the exciting new places to stay in Timemagazine’s annual list of 100 of the World’s Greatest Places.

Located on Mackinac Island, The Inn at Stonecliffe brings a new luxury hospitality experience to the island after completing a $40-million property-wide transformation. The remodel included new common spaces, modern guestrooms, and three new private cottages. New on-property dining concepts include The Straits, The Backyard, and Horsey’s Pub, a new event venue featuring an expansive lawn with firepits and games, an apple orchard, and more.

“Stepping off the ferry that takes you from Michigan’s Upper or Lower Peninsula to Mackinac Island is like stepping back in time,” Time writes. “The Inn at Stonecliffe, a 1904 estate built for a Chicago meatpacking magnate sitting high above Lake Huron on the island’s West Bluff, was a residence until 1949 and became a hotel in the1970s — its wide, manicured lawn providing jaw-dropping views of the Straits of Mackinac.”

The public spaces and 16 guest rooms in The Inn at Stonecliffe’s Tudor mansion have been completely renovated, with original moldings, stained glass windows, fireplaces, wood floors, gables, and timberwork all painstakingly preserved, the Time article continues. Guests also can select one of 32 renovated guest rooms in the more modern Summer House, featuring kitchenettes and dining areas, while larger groups might opt for one of three new three-bedroom cottages.

The hotel is owned by the Pulte Family Charitable Foundation and 100 percent of net profits go toward charitable initiatives it supports around the globe.

To compile this list, Time solicited nominations of places from its international network of correspondents and contributors, as well as via an application process, with an eye toward those offering new and exciting experiences.

See the full list here.

To access DBusiness’ exclusive Northern Michigan Restaurant Guide, visit here.

Lineage Announces Full Exercise of the Underwriters’ Option to Purchase Additional Shares, Increasing Gross Proceeds to $5.1B

Lineage Inc. in Novi today announced that the underwriters of its previously announced initial public offering have fully exercised their option to purchase an additional 8,532,307 shares of the company’s common stock at the initial public offering price of $78.00 per share, less underwriting discounts and commissions.

The option closing will settle on July 31, subject to customary conditions. After giving effect to the option closing, the company sold a total of 65,414,358 shares of its common stock in the offering, representing gross proceeds of approximately $5.1 billion, prior to underwriting discounts and commissions and estimated expenses payable by the company.

Lineage’s common stock began trading on the Nasdaq Global Select Market on July 25 under the ticker symbol “LINE.”

Suburban Collection Showplace in Novi to Host Military Vehicle Conference Aug. 13-15 

The National Defense Industrial Association (NDIA) Michigan Chapter is hosting the 16th Annual Ground Vehicle Systems Engineering and Technology Symposium (GVSETS) and Modernization Update Aug. 13-15 at the Suburban Collection Showplace in Novi.

GVSETS stands as the cornerstone event for advancing national security through cutting-edge technology and cross-sector collaboration. This year’s theme, “Digitizing the Army to Enable Formations Today and Tomorrow,” underscores the critical importance of technological innovation in safeguarding the nation’s future.

As North America’s premier defense technology expo, GVSETS is poised to attract more than 2,000 attendees, including top minds from government, academia, and industry. This gathering offers a platform for networking, knowledge sharing, and forging partnerships that will shape the future of defense technology.

Highlights include:

  • Technical sessions covering autonomy, AI, robotics, digital engineering, and more.
  • Panels featuring high-ranking military officials and industry leaders.
  • Exhibitions showcasing the latest in defense technology.
  • Networking opportunities with decision-makers and innovators.

To register, visit here.

Citizens Business Conditions Index Jumps in Q2

The national Citizens Business Conditions Index (CBCI) rose to 52.2 in the second quarter, pushing into expansionary territory after taking a step back at the beginning of the year. The reading above 50 indicates that economic momentum is building, in this case due to higher company revenue coupled with the prospect of easing monetary policy, which lowers the cost of capital.

Citizens’ proprietary data showed strong company revenue trends during the period after soft performance across most industries in the first quarter. All other components of the Index remained relatively neutral with the labor market and new business growth showing signs of rebalancing.

“Increasing company revenue drove the Index higher in the second quarter as our clients felt some wind in their sails,” says Eric Merlis, managing director and co-head of global markets at Citizens.

The underlying components of the Index were neutral but provide a solid foundation for growth in the coming months.

  • The ISM non-manufacturing component remained in expansionary territory but declined from the first quarter. The ISM manufacturing component was contractionary for the seventh consecutive quarter.
  • Employment trends, as measured by initial jobless claims, continued to show resilience and were neutral to the Index.
  • New business applications were neutral for the quarter but remain elevated relative to pre-pandemic levels.
  • The activity data of Citizens’ Commercial Banking clients showed strong revenue trends after a weak first quarter, serving as the main engine for the Index’s uptick.

Overall, the second quarter CBCI reveals a business environment that has adapted to a sustained period of higher rates.

“The second quarter index reading shows a business environment that is turning the corner with the prospect of easing monetary policy and cheaper capital,” says Merlis. “Concerns about inflation persist but the economy has shown resilience and seems poised for greater expansion.”

Delphinus Medical Technologies in Novi Installs SoftVue at West Jefferson Medical Center

Delphinus Medical Technologies in Novi today announced the latest installation of its breakthrough dense breast imaging technology SoftVue Breast Ultrasound Tomography (UST) at West Jefferson Medical Center in Louisiana.

“The launch of West Jefferson Medical Center’s SoftVue Dense Breast Screening Program demonstrates the expanding adoption of SoftVue across the country. West Jefferson joins a growing group of progressive health centers investing in Delphinus’s advanced breast ultrasound tomography as an adjunct to mammography, to better serve the 50 percent of women with dense breasts screened annually,” says Scott White, CEO of Delphinus Medical Technologies.

“The proactive approach taken by the West Jefferson Medical Center team to improve patient outcomes for women with dense breasts is in lock step with our mission to enable the early detection of breast cancer.”

SoftVue UST is the only imaging modality designed specifically to find more cancer in women with dense breasts and is also the only ultrasound-based breast imaging system that is FDA-approved for same-day screening as mammography. Delphinus designed the system as an adjunct to mammography for women with dense breasts to address the fact that breast cancer screening with mammography alone reduces mortality by 41% in women with non-dense breasts but reduces mortality by only 13% in women with dense breasts.

“We recognize that women with dense breasts need screening in addition to mammograms, as cancers can hide in dense breast tissue on x-ray, but until now our breast center lacked an efficient and effective modality,” says Monica Bologna, chief nursing officer at West Jefferson Medical Center – LCMC Health. “SoftVue offers a screening solution for this patient population that not only increases cancer detection, but also  improves our workflow and the patient experience which is what has been missing in our breast center.”

When combined with mammography, SoftVue increases sensitivity by 20 percent and specificity by eight percent, offering comprehensive characterization at the point of screening which helps increase cancer detection and reduce short-term follow-ups.

In addition, SoftVue can be performed during the same visit as the women’s mammogram, saving patients time and improving the diagnostic clinical workflow for a bustling breast center.

For more information, visit delphinusmt.com/.

Corewell Health Named a Best Workplace for People with Disabilities

Corewell Health, based in Southfield and Grand Rapids, has been recognized as a top-scoring company in the 2024 Disability Equality Index, which is the world’s most comprehensive benchmarking tool for companies to measure disability workplace inclusion inside their organization and to assess performance across industry sectors.

“We are honored to receive this recognition from the Disability Equality Index, which reflects our ongoing commitment to creating an inclusive workplace for all,” says Carlos Cubia, chief inclusion, equity, diversity, and sustainability officer at Corewell Health. “While achieving a top score is an honor, we view it as a milestone rather than an endpoint. Our goal is not just to meet benchmarks, but to consistently raise the bar in making our workplace the most welcoming and accommodating it can be for people with disabilities.”

Corewell Health’s initiatives supporting team members with disabilities include:

  • Implementing physical workplace accommodations and adaptive technologies such as the continuous promotion of closed caption features and usage of language services to promote American Sign Language needs.
  • Partnering with the Adaptabilities Business Resource Group to optimize facilities for wheelchair users.
  • Providing accessible workstations and ergonomic equipment.
  • Collaborating with community partners, such as Project SEARCH, that specialize in disability employment to attract diverse talent.
  • Engaging in partnerships with local and national organizations supporting people with disabilities including the Health Anchor News, Kent Intermediate School District, Michigan Rehabilitation Services, and many more.
  • Conducing disability awareness and inclusion training for leaders and team members.
  • Performing regular audits where team members can self-report disabilities, which helps Corewell Health implement initiatives to create a more inclusive and supportive environment for team members with disabilities.

August is Educator, Educator Appreciation Month at Detroit Historical Society Museums

The Detroit Historical Society is celebrating educators with free admission to the Detroit Historical Museum and the Dossin Great Lakes Museums for the entire month of August.

This opportunity is open to teachers, paraprofessionals, public and school librarians, and other educational support staff and school employees. In addition to free museum admission, educators will be eligible for discounts in the museum stores, and discounted membership packages. Guests are required to show a school, educational facility, or library ID or paystub at the front desk for free admission.

The celebration begins Aug. 1 with extended hours 10 a.m.-8 p.m., and a book talk at 2 p.m. by local author Sam Lovall talking about his new collection of adventure stories for youth, Mud Lake.

The Detroit Historical Society has themed curricula for all grades available online at detroithistorical.org. In addition, the Society offers professional development and teacher workshops throughout the year, co-curricular project creation, educational outreach programs, and joint exhibition opportunities.

Capuchin Soup Kitchen to Benefit from Aug. 4 Detroit Tigers Game

The Capuchin Soup Kitchen will be a charity partner Of the Detroit Tigers for its Sunday, Aug. 4, game against the Kansas City Royals.

The game starts at 1:40 p.m. and tickets are $22, with a portion of each ticket sale going directly to Capuchin Soup Kitchen. They can be purchased here.

As a bonus, every Sunday is Chevy Kids Day at Comerica Park for fans 14 and under, with free carousel and Ferris wheel rides, player autograph opportunities, and a chance to run the bases after the game.