Detroit

Shared Workspaces Help Business Development in Metro Detroit

By Veronica Grecu, Associate Editor
With the number of floating workers rapidly increasing in the new economy, the concept of shared workspaces is growing in the country’s major cities and their metropolitan areas. Freelancers, professionals working from home or independent contractors […]

Home Sales Continue to Sink in Metro Detroit; RiverWalk to Inaugurate New Facilities

By Veronica Grecu, Associate Editor
According to a report issued this week by Realcomp II Ltd., a real estate information company headquartered in Farmington Hills, Metro Detroit residential real estate continued to fall for the sixth consecutive month. The report, quoted […]

New Student Grant Program will Offset Rents and Decrease Apartment Vacancies

By Veronica Grecu, Associate Editor
Grosse Pointe Park city officials and the Grosse Pointe Housing Foundation launched a student grant program that would help reduce the renting cost for 580 units. According to Patch.com, the program is designed to encourage young […]

Dilapidated Buildings in Detroit Redeveloped, Others Demolished

By Veronica Grecu, Associate Editor
The empty David Whitney building, located at 1553 Woodward Ave., might be transformed into a boutique hotel, a one-of-a-kind entity in Detroit. Though the boutique hotels movement started in London in the early 1980s and popular […]

Detroit Welcomes Green Business Incubator in Zero Energy Building

By Veronica Grecu, Associate Editor
After more than two years, the renovation of one of the dilapidated buildings located at 4444 Second Ave. in Midtown Detroit is nearing completion. According to www.greengaragedetroit.com, the building dates back to 1920, when it served […]

Report Shows Increase in Detroit Home Sales

By Veronica Grecu, Associate Editor
Detroit region’s home sales rose 4.3 percent in May 2011 according to recent data released by MLS Realcomp II Ltd., a real estate information company based in Farmington Hills. The report quoted by Crain’s Detroit Business […]

Land Banks and Tech Companies Help Economic Growth

By Veronica Grecu, Associate Editor
The sixth annual Land Bank Conference that was held in Detroit from June 5 to 7 at the MotorCity Casino Hotel reunited about 450 urban experts around the country. The discussions tackled the development and operation of land […]

Good Times, Higher Occupancy Rates for Metro Detroit Hotels

By Veronica Grecu, Associate Editor
With an occupancy rate of 55.8 percent, Metro Detroit hotels had a very busy April, according to a report by STR, a Tennessee-based information company that specializes in hotel research. The average occupancy rate of 54.5 […]

Detroit Private-Public Riverfront Revitalization Plan Takes Shape

By Veronica Grecu, Associate Editor
After decades of planning to transform Detroit’s downtown riverfront into an attractive site, the project is finally starting to take shape. Green spaces have been introduced in the area between Joe Louis Arena and Belle Isle, […]

Signs of Hope in Some Detroit Neighborhoods

By Veronica Grecu, Associate Editor
One month after a census confirms that Detroit continues to face an exodus, the city’s population shows few signs of growth. Despite the fact that local officials are rejecting the census results, claiming that thousands of […]