March 13, 2014
A Detroit developer said financing is in place and a project to turn the 137-year-old, castle-like James Scott Mansion in Detroit into 25 condos should begin this summer.
Joel Landy, whose Detroit developments include the Burton Theatre, the Addison Building and the Leland Lofts, to name a few, said that financing has been arranged and it is “99 percent sure" that the development will move forward.
Landy said the gorgeous but crumbling Richardsonian-Romanesque building at 81 Peterboro in the Cass Corridor will cost about $7 million to redevelop, and has already been approved for $2.6 million in state historic and brownfield redevelopment tax credits.
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Rendering of the Statler City Apartments
March 26, 2014
Downtown Detroit’s hot rental market will get some needed units with approval of two apartment projects Wednesday by the Downtown Development Authority, including a bank of rental apartments planned for atop the Griswold parking deck near the Westin Book Cadillac.
The Griswold was originally planned as condominiums but the project fell apart during the Great Recession. It was resurrected and came back to the DDA on Wednesday as a $22-million apartment rental project. Construction is planned for later this year with an opening possible by late 2015.
In the second deal, the Village Green apartment development firm plans to build a 200- to 250-unit residential apartment project on the site of the former Statler Hotel near Grand Circus Park. The total project cost was estimated at $35 million to $40 million. The project is called the Statler City Apartments and will face Grand Circus Park between Washington and Bagley. Developers hope to start construction in two years.
Rendering of the Griswold development
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April 9, 2014
Activity is picking up at The Davenport, a 119-year-old apartment building in Midtown that was vacant for years. Announced late last year, the restoration project was limited to boring utility work over the winter. These days, the building is teeming with workers clearing junk and gutting the interior, which will be rebuilt as eight apartments of affordable housing. The Davenport expects to be ready in October, but don't forget to keep an eye on its larger neighbor, Cass Plaza. That effort should begin showing similar signs of life any day.
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June 10, 2014
United Way Building (left) and Cap Park Building (right).
Messy renovations at the Griswold and Bamlet buildings have stolen the show in Capitol Park lately, but the spotlight is shifting to the trio of buildings controlled by Karp and Associates. After announcing renovation plans in 2012, the United Way and Capitol Park buildings are finally showing signs of life. The Farwell isn't too far behind.
Built in 1895, the United Way was kept in decent shape over the years. Therefore, unlike makeovers scheduled for its younger neighbors across the park, this project might look relatively low-key from the outside. The $38.6M residential renovation washing through the interior will leave behind 56 "loft-style" apartments, most of them one-bedroom units. According to Crain's, work is expected to finish up by the end of the year.
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July 17, 2014,
DuCharme Place, a residential development planned for Lafayette Park, looks ready to leap from rendering to reality after a decade on the back burner. Featuring four contemporary residential buildings, DuCharme is slated for the site once home to Rochdale Court Apartments, a senior living center demolished in 2002. Featuring four contemporary residential buildings, DuCharme Place promises 185 new apartments right next to downtown. Construction is expected to begin this fall, with a grand opening planned for late 2015.
If you notice the residential projects are geared towards the high end demographic...Gentrification is not going to bring Detroit back to where it was.
You have whole city blocks around the downtown center that are wastelands of abandoned and rotting middle class homes.
July 02, 2014 - Since the recession some U.S metros have become more competitive in attracting their shares of the overall jobs added to the labor force, and Metro Detroit is among the top ten metros in the country on this front.
So says an analysis by CareerBuilder and Economic Modeling Specialists Intl., which used “shift share” analysis, or separating regional jobs trends from national ones, to reach the results.
The study from CareerBuilder and EMSI looked at the 50 most populous U.S. metros and their total job growth from 2010 to 2013, when overall U.S. job growth was at 4 percent.
Each metro area’s job growth was then compared to national job growth trends, the difference being each metro’s job competitiveness of lack thereof.
The CareerBuilder/EMSI study found that Metro Detroit had a total employment of about 1.9 million jobs in 2013, after adding 125,330 jobs from 2010 to 2013. To keep pace with the national average, it would have had to have added 89,148 jobs.
The sectors driving Metro Detroit’s competitiveness? Motor vehicle production, engineering services and temporary help work. Houston, Texas, led the top 50 metros for job competitiveness.
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April 5, 2014
General Motors is expected to announce Tuesday that it is investing $450 million and adding 1,400 jobs to two Michigan operations — including a facility located partially in Detroit, where the automaker plans to build a redesigned Chevrolet Volt.
The company’s plans include a second shift at its Detroit-Hamtramck plant, where the automaker currently makes the Chevrolet Malibu, Chevy Impala, Cadillac ELR, Chevy Volt and foreign versions of these cars.
GM also plans to invest in its smaller Brownstown Township manufacturing plant, where the company currently produces batteries for the Volt.
Gerald Johnson, GM’s vice president of North America manufacturing, is expected to reveal details of the investments at an Automotive Press Association luncheon Tuesday in Detroit. Detroit Mayor Mike Duggan and Michigan Gov. Rick Snyder have been invited to attend.
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GM employs 1,629 workers at the 3.6 million-square-foot Detroit-Hamtramck plant, including 1,436 represented by UAW Local 22. The automaker employs 100 workers represented by UAW Local 174 at the 406,000-square-foot Brownstown facility.
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MAY 27, 2014- A Michigan-based automotive supplier plans to invest up to $50 million in a new automotive components assembly facility in Pontiac, creating 450 new jobs at the site of a former General Motors plant.
Challenge Manufacturing Co., based in Walker, plans to build a 400,000-square-foot facility in Pontiac at 2100 S. Opdyke. The site, formerly the General Motors Pontiac East Assembly Plant, closed in 2009.
Pontiac has faced economic and employment blows over the past several years, as GM and others have closed factories, affecting thousands of people.
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July 22, 2014 - General Motors is planning to add as many as 1,750 jobs at its technical center in Warren and invest an additional $800 million in Michigan in the coming years, according to Michael Finney, CEO of the Michigan Economic Development Corp.
GM declined to say when the jobs would be filled.
The Michigan Strategic Fund, an arm of the development corporation, revised a tax credit for GM today and incentives for two Chinese manufacturers that are investing in the state — H.A. Automotive Systems and YanFeng Automotive.
GM has added or retained 33,000 jobs under an original tax agreement reached with the state in 2009.
“GM, as well as Ford and Chrysler, have over the last few years continued to invest very heavily in Michigan,” Finney said. The revised tax credit enables GM to add jobs, most likely at its technical center in Warren.
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July 17, 2014 - Dialog Direct, a fast-growing marketing and call-center company, plans to hire 300 new employees at its Highland Park headquarters.
About 250 of the new jobs are for licensed and non-licensed health insurance sales and service representatives who are paid from $21,000 to $33,000 a year. The company said it also will be hiring managers who earn $50,000 or more.
“We’re looking for people who are friendly, energetic and engaging over the phone to handle inbound customer service calls,” said Dialog Direct Chief Operations Officer Rob Hyman. “We’ll provide comprehensive subject matter content and coach the team on ways to deliver the ideal customer experience with every call.
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July 2, 2014 - AT&T is looking for job candidates to fill newly created positions, and current openings, throughout Michigan.
The company will be filling 95 jobs, including 59 new jobs, in areas including call center staffing, retail opportunities and technicians.
“AT&T continues to expand its customer base in Michigan and invest in our network to ensure we are providing the high level of service customers have come to expect,” said Jim Murray, president of AT&T Michigan in a release.
Positions are available in 32 communities in the state, with multiple opportunities in Macomb, Oakland and Wayne counties, the company stated.
Jul 17 2014 - S&P Data LLC is expanding to Troy with support from the Michigan Strategic Fund bringing in nearly $4.4 million and adding up to 420 new jobs.
“S&P Data’s investment means Michigan residents will find good job opportunities that could well have gone to other states,” said Michigan Gov. Rick Snyder. “Michigan is America’s comeback state and this expansion is another demonstration that we have changed Michigan in ways that now means more and better jobs and greater prosperity.”
S&P Data Michigan, LLC, is a new subsidiary of S&P Data LLC – which has been in operation since 2006 in Ontario, Cleveland and San Diego – providing contact center solutions to Fortune 500 companies in the United States and Canada.
The parent company plans to expand in Michigan to service newly acquired contracts from two major mobile companies. With its new Troy location, there will be nearly $4.4 million invested and a total of 420 new jobs created. As a result, the company has been awarded a $1 million Michigan Business Development Program performance-based grant.
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July 12, 2014 - Michigan's largest auto suppliers, known as Tier-1 suppliers, have announced investments of just under $5 billion and added more than 28,000 jobs from 2009-2013, according to data from the Center for Automotive Research and Michigan Economic Development Corp.'s Automotive Industry Office.
"The automotive industry is driving the comeback in the State of Michigan," said Nigel Francis, Michigan's senior automotive adviser, during a phone interview on Wednesday.
The substantial investments come even as the number of suppliers has dropped from 886 to 790 in the Great Lakes State, largely due to bigger suppliers consolidating or purchasing smaller companies during the economic downturn five years ago.
The auto suppliers' investments are in addition to the automakers' investments of roughly $14 billion in Michigan during the same four-year time period. Francis said the investments are expected to continue, as suppliers work to keep up with demand and the U.S. automotive industry drives on strong.
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11/15/12 - Chrysler plans to add up to 1,250 jobs at three Detroit-area factories as it prepares for a rise in pickup sales.
The company said Thursday that it will invest $238 million at engine plants in Detroit and suburban Trenton, Mich., and add a third shift at a pickup truck factory in nearby Warren, Mich.
The hiring is another step in Chrysler's comeback from its 2009 government-funded bankruptcy. The company, majority-owned by Italian carmaker Fiat SpA, now has about 62,200 employees worldwide, including more than 41,000 in the U.S. It is profitable again and has hired 12,000 workers since leaving bankruptcy protection in 2009.
The new hires would boost Chrysler's total employment to 63,450.
About 1,000 of the jobs will be at the Warren plant. That factory produces a newly redesigned Ram pickup and will add the third shift in March.
Another 250 jobs could come to the Mack 1 Engine Plant in Detroit, which will be retooled to make V-6 engines instead of a large V-8 made there currently. Those jobs will be added "subject to market conditions," Chrysler said in a statement.
The Trenton plant will get additional equipment so it can make a four-cylinder engine along with the V-6 that it currently produces for the Ram and other vehicles.
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Lore wrote:Gentrification is not going to bring Detroit back to where it was.
They come no where near what the old employment numbers were for the auto industry
copious.abundance wrote:You said:Lore wrote:Gentrification is not going to bring Detroit back to where it was.
Where Detroit "used to be" was a manufacturing economy highly dependant on the auto industry. Even the 1928 National Geographic article said so. Now that I'm showing you Detroit is in the process of getting back to "where it was," you decide to contradict yourself and suddenly tell me that's not a good thing.They come no where near what the old employment numbers were for the auto industry
Right. Notice the 1928 article said that some of these auto plants employed as many as 55,000 or 65,000 each. Nowadays an auto plant that produces the same (or more) number of vehicles as those 1928 plants are lucky if they employ 5,500 or 6,500 each. And most are in the 1,000-3,000 range. So, thanks to automation, the auto industry is never going to employ as many as it used to.
So we have a dilemma here. Since auto employment is never going to be what it was (even if it starts rising again), in order for the city to prosper we need something else. When I tell you that gentrification is going on, you complain about that, too. You don't even seem to have a solution, because no matter what happens you complain about it.
copious.abundance wrote:There are already plenty of other cities well on their way to becoming centers of alternative energies. Not everyone can do that.
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