June 28, 2019 $40 million manufacturing plant coming to Hazel Park, MI Source: Dustin Walsh, Crain’s Detroit German battery maker Akasol AG plans to open a $40 million manufacturing plant in Hazel Park. The plant will be located at the former Hazel Park Raceway and is expected to create 224 jobs. The …
Tag: Detroit
Business News Flash – Detroit, MI
June 11, 2019 $300 million housing redevelopment coming to Detroit, MI Source: Candice Williams, The Detroit News HUD has approved a land sale that will pave the way for a $300 million mixed-use development in Detroit. The land, which is the site of the former Brewster-Douglass housing projects, has been sold to …
Business News Flash – Detroit, MI
May 14, 2019 $3.2 million development coming to Hazel Park, MI Source: Kurt Nagl, Crain’s Detroit Business A mixed-use development is coming to the former site of a CVS in downtown Hazel Park, MI. The site has been vacant for 15 years. The development will include 33 apartment units and 14,000 square …
Business News Flash – Detroit, MI
May 6, 2019 $2.5 billion auto plant conversion project in Detroit, MI moves forward Sources: Kirk Pinho, Chad Livengood, & Kurt Nagl, Crain’s Detroit Business Fiat Chrysler Automobiles has struck a deal with the owner of 82-acres of land, which the company plans to use as part of a project to invest in …
Business News Flash – Detroit, MI
April 30, 2019 $48 million medical laundry facility coming to Detroit, MI Source: Breana Noble, The Detroit News Three healthcare providers are teaming up to bring a $48 million medical laundry facility to Detroit. Henry Ford Health System, Michigan Medicine at the University of Michigan, and St. Joseph Mercy Health System have plans …
Business News Flash – Detroit, MI
April 23, 2019 Google subsidiary Waymo to lease, invest in Detroit factory Source: Pete Bigelow, Crain’s Detroit Waymo had reached an agreement with American Axle & Manufacturing to lease an existing factory in Detroit, MI. The company will invest $13.6 million in the factory. The move will allow Waymo to retrofit Fiat …
Business News Flash – Detroit News
March 6, 2019 Kroger to revitalize former Kmart site in Sterling Heights, MI Source: Anisa Jibrell, Crain’s Detroit A Kroger Marketplace is planned for the site of a now-closed Kmart building in Sterling Heights, MI. Demolition is set to begin this week, and will include three vacant spaces next door to the former …
Business News Flash – Detroit, MI
February 27, 2019 Assembly plants in Detroit, MI to create 6,500 jobs Source: Derick Hutchinson, Click On Detroit Fiat Chrysler has announced plans to build a new assembly plant in Detroit. The company also plans to invest $4.5 billion in five of its existing Michigan plants. The moves is expected to create 6,500 jobs. Included …
Business News Flash – Royal Oak, MI
February 15, 2019 Restaurants, retail under construction on 13-acre site in Royal Oak, MI Source: Mike Martindale, The Detroit News Officials at Beaumont Health – which owns a 13-acre site called Woodward Corners – have announced some of the businesses that will open at the site of the former Northwood Shopping Center. The …