Over the years, Downtown Detroit has gone through some major transformation, all in a bid to revive the city after it declared bankruptcy back in 2013.
DBusiness Magazine
Land of Opportunity
Can a red-hot industrial market in the region, driven by nearly unsatiable demand for mobility, e-commerce, and R&D facilities, finally bring about a renaissance in Detroit?
Fair Deal: An architectural rendering of Amazon’s Detroit Fulfillment Center to be built on the site of the former Michigan State Fairgrounds near Woodward Avenue and Eight Mile Road. // Courtesy of Amazon
With the outbreak of the COVID-19 pandemic last March, Gov. Gretchen Whitmer issued Executive Order 2020-21 directing all “Michigan businesses and operations to temporarily suspend in-person operations that are not necessary to sustain or protect life.” The downside of the order reverberated throughout the state’s economy, resulting in bankruptcies, a sharp runup in unemployment filings, an exodus from offices and schools, and a resulting patchwork of dozens of controversial and conflicting regulations.
Real Estate Insider: Expect Hudson s site hotel operator to be named next year, Bedrock exec says
Kirk Pinho/Crain s Detroit Business
Contractors on Thursday afternoon began pouring concrete at grade level on the site of the former J.L. Hudson s department store building in downtown Detroit.
Nearly three years to the day after ground was broken on Dan Gilbert s development on the site of the former J.L. Hudson s department store in downtown Detroit, contractors started pouring concrete to start above-grade construction on the northern portion of the 2-acre property.
In addition, more concrete information on the hotel operator is expected to be announced in 2021, Joe Guziewicz, vice president of construction for Gilbert s Bedrock LLC, told me Thursday afternoon during a media event marking the first grade-level concrete pour.