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Commercial Real Estate Archives

Recent litigation could halt mall project on east coast

Though thousands of miles away from residents here in Michigan, a case out of New Jersey this month highlights the very complexities of real estate law we talk about every week on this blog. The case in question revolves around a contract dispute between a development company and several New York sports teams and a couple sports stadium operators. According to the recent litigation, the New York and New Jersey plaintiffs are suing the developer for breaching contract. The developer disagrees, stating that the teams and operators reneged on all of the contractual agreements, thereby undermining their own case.

Deed issues a hold up for downtown Kalamazoo property

When downtown Kalamazoo officials announced PlazaCorp Realty Advisors Inc.'s plans to purchase--and perhaps reinvest--in the land and buildings along the west side of the 200 block of Rose Street, there may have been some trepidation among some of the current tenants.  That's mainly because there was no word of what PlazaCorp intended to do with the property once it had purchased it.

Detroit approves memorandum for new Red Wings stadium

Hockey fans in Michigan rejoiced this month after the city of Detroit announced that it had approved a memorandum of understanding to build a new home for the Red Wings in the downtown area. The $650 million project is expected to cover approximately 45 blocks from Grand Circus Park to Charlotte St., between Woodward Ave. and Grand River Ave. According to planners from the Downtown Development Authority, the new stadium will finally incorporate all three of the state's major league sports venues into one entertainment district at the heart of the city.

Should cities rethink building codes after serious storms?

It seems like every time you turn on the news lately, another storm is barreling across the country.  From Hurricane Sandy to the deadly tornados striking the Midwest, rebuilding communities will be a top priority for survivors.  But with so much destruction comes the question of whether new constructions should included updated building codes, especially in areas where severe weather is so prevelant.

Michigan State University dormitory demolition continues

Morrill Hall has been a prominent feature on the campus of Michigan State University since 1900 when the building was built.  Housing the first female dormitories, it's considered to be the oldest structure still standing on campus.  But after several inspections revealed that its wooden structure had deteriorated beyond repair, the school decided that it was time to lay this historic property to rest.

Arbor Hills to become newest shopping district in Ann Arbor

Back in 2006, the Ann Arbor City Council approved a plan for an ambitious 138,000-square-foot retail and residential project called The Shops at Arlington. The project was to replace vacant commercial buildings and a former car dealership in an attempt to redevelop a growing area. But when the economy tanked, the project fell apart and the property needed to be sold.

A new way to look at retirement life

When most people in Michigan think about retirement-living communities, their brains tend to conjure of images of retirement homes with bland food and décor that appears to have hit its stride 30 years ago. But with new ideas about what retirement life should really be like sweeping the nation in recent years, this common image could become a thing of the past.

Vacant GM properties could be assets to new companies some say

There is no questioning the fact that the recession hit many communities hard; but as we've mentioned before, some were hit harder than others. This was definitely the case for Flint which is still trying to recover economically and having a difficult time doing so. It's not for lack of trying by the people in the community, say many experts; it's the difficulty of convincing out-of-state businesses to come to Michigan that's been the tricky part.

University of Michigan-Dearborn gets first close-to-campus housing

Few people may know this, but the University of Michigan in Dearborn is the only four year college or university in the state that does not have housing on or close to campus. It's a surprising fact for a school that hosts thousands of students each year.

Federal government fines company for violating Clean Water Act

Passed in 1972, the Clean Water Act, also known as the Federal Water Pollution Control Act Amendments of 1972, was considered to be a radical departure from previous federal water-quality legislation because it transformed how society viewed their impact on the environment on a whole.

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