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Cinema Chat: On Broadway At The Michigan, Shang-Chi At The State, And More

Cinema Chat: On Broadway At The Michigan, Shang-Chi At The State, And More
wemu.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wemu.org Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesUnited kingdomState theatreCity ofGreat britainChristine baranskiOren jacobyTate donovanEmilia jonesJames mcavoyViola davisBenedict wongFerdia walsh peeloDominic cookeShawn levy

Cost to redevelop Ilitch-owned United Artists Theater building jumps $12 million

The housing development is moving forward again after encountering $12M+ in higher costs due to the COVID-19 pandemic.

United statesCity of detroitRichard hoseyDon bardenEmmett moten jrDonald rencherC howard craneJunfu hanDetroit free press united artists theaterUnited artistsMichigan strategic fund in lansingDevelopment for the city of detroitMichigan strategic fundHotel eddystoneBagley development groupUnited artists theater

United Artists Building project gets additional $2 million in state funding to close financing gap

United Artists Building project gets additional $2 million in state funding to close financing gap United Artists Building project gets additional $2 million in state funding to close financing gap Construction costs again swell; project now pegged at $85.6 million Work would begin this summer, pending financing being finalized CoStar Group Inc. The developer trying to convert the vacant United Artists Building on Grand Circus Park into apartments has secured another $2 million in state financing for the project. The long-delayed United Artists Building redevelopment into apartments has received another $2 million in state financing, upping the state s stake to $7 million, to help close a financing gap caused by yet another round of increased construction costs.

United statesScott allenC howard craneTom gossRichard hoseyTroy robertsWayne thomasEmmett moten jrBob charlesOlympia development of michiganUs department of housingMichigan strategic fundBagley development groupUnited artists buildingEmmett motenUrban development

Ilitch-owned United Artists Theater redevelopment back on track

View Comments The redevelopment of the long-vacant, 18-story United Artists Theater building in downtown Detroit into nearly 150 apartments is moving forward again after delays and cost increases resulting from the COVID-19 pandemic. The pandemic and recent price spikes for construction materials have pushed up the project s costs by about $12 million to likely over $80 million. It also pushed back the anticipated start of construction by more than a year to this July or soon after. On Tuesday, the Michigan Strategic Fund in Lansing approved a $2 million increase to the project s community revitalization loan to help cover the rising costs. The rest of the gap will be filled through various other funding sources, including a $7.6 million increase in the project s Housing and Urban Development loan and an additional $1 million from the city.

United statesCity of detroitRichard hoseyDon bardenEmmett moten jrDonald rencherC howard craneUnited artistsMichigan strategic fund in lansingDevelopment for the city of detroitMichigan strategic fundHotel eddystoneBagley development groupUnited artists theaterUrban developmentHistoric detroit

Cinema Chat: State Theatre Anniversary, The Father, Raya And The Last Dragon, And More

Cinema Chat: State Theatre Anniversary, The Father, Raya And The Last Dragon, And More
wemu.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wemu.org Daily Mail and Mail on Sunday newspapers.

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