downtown detroit http://michiganradio.org en Plan to transform downtown Detroit released http://michiganradio.org/post/plan-transform-downtown-detroit-released <p>Downtown Detroit could undergo a major transformation under <a href="http://districtdetroit.com/">a development plan</a> unveiled today.</p><p></p><p></p><p>The organization that owns the Detroit Red Wings says it wants to transform the northern part of downtown Detroit into a sports/entertainment/retail and residential destination.</p><p></p> Sun, 20 Jul 2014 18:50:53 +0000 Steve Carmody 18445 at http://michiganradio.org Plan to transform downtown Detroit released Black business leaders want "a seat at the table" in Detroit re-development http://michiganradio.org/post/black-business-leaders-want-seat-table-detroit-re-development <p><span style="line-height: 1.5;">&nbsp;</span>There are a number of multi-million dollar development projects happening in and around downtown Detroit these days.</p><p>But according to the Michigan Black Chamber of Commerce, <a href="http://www.mlive.com/business/detroit/index.ssf/2013/09/michigan_black_chamber_of_comm.html">black-owned businesses feel left out of the boom</a>.</p><p>Black and other minority-owned businesses have effectively been locked out of the process of re-developing Detroit, says Chamber CEO Ken Harris.</p> Thu, 19 Sep 2013 00:07:56 +0000 Sarah Cwiek 14494 at http://michiganradio.org Black business leaders want "a seat at the table" in Detroit re-development Despite Detroit's troubles, a number of programs bring recent graduates to the city http://michiganradio.org/post/despite-detroits-troubles-number-programs-bring-recent-graduates-city <p>There seem to be two types of stories emerging from Detroit these days: one bleak and one optimistic.</p><p>Both can be spun wildly out of proportion, but the two – seemingly contradictory – narratives paint the same city in a very different light.</p><p>Detroit’s bankruptcy has garnered attention from around the world – from the <a href="http://www.guardian.co.uk/world/shortcuts/2013/jul/19/detroit-bankrupt-but-not-the-first-place">U.K.</a> to <a href="http://www.hindustantimes.com/world-news/Americas/World-s-auto-capital-Detroit-files-for-bankruptcy/Article1-1094790.aspx">India</a>. The bankruptcy, the underperforming school system, the lack of public services, the high crime, the dysfunctional local governments: they all contribute to the bleak narrative.</p><p>At the same time, there have been a number of reports that have highlighted a more optimistic narrative in the city.</p><p>A recent boom in population and economic activity in Midtown and downtown has completely changed those areas of the city over the last several years.</p><p> Thu, 25 Jul 2013 18:31:21 +0000 Michigan Radio Newsroom 13693 at http://michiganradio.org Despite Detroit's troubles, a number of programs bring recent graduates to the city Who owns downtown Detroit? http://michiganradio.org/post/who-owns-downtown-detroit <p>If you're in Detroit, and you drive south down Woodward from Midtown to downtown, you’ll see things that weren’t there four years ago: new developments,<a href="http://michiganradio.org/post/detroit-seeing-rise-pop-businesses"> pop-up businesses</a>, more people, a <a href="http://www.nytimes.com/2011/07/03/fashion/the-young-and-entrepreneurial-move-to-downtown-detroit-pushing-its-economic-recovery.html?pagewanted=all&amp;_r=0">new demographic</a>, a <a href="http://www.michiganradio.org/post/what-whole-foods-opening-means-and-doesnt-mean-about-midtown-detroit">Whole Foods</a>, <a href="htt Tue, 09 Jul 2013 17:47:34 +0000 Michigan Radio Newsroom 13438 at http://michiganradio.org Who owns downtown Detroit? More on the winners of the downtown Detroit Hudson's site competition http://michiganradio.org/post/more-winners-downtown-detroit-hudsons-site-competition <p>The iconic Hudson department store in Detroit was demolished 15 years ago, leaving a large empty space in the heart of downtown.</p> Wed, 12 Jun 2013 21:50:40 +0000 Michigan Radio Newsroom 13024 at http://michiganradio.org More on the winners of the downtown Detroit Hudson's site competition Downtown Detroit boosters share vision for 2016 http://michiganradio.org/post/downtown-detroit-boosters-share-vision-2016 <p>Exciting things are happening in downtown Detroit, and there’s a plan to keep up the positive momentum.</p><p>That’s the scenario the Downtown Detroit Partnership laid out at its annual lunch Wednesday.</p><p>The DDP outlined its vision for a dense, vibrant downtown Detroit of 2016.</p><p>The group is made up some of Detroit’s biggest business leaders. They’re putting money behind incentive programs and other projects to draw more residents and employees downtown.</p> Thu, 18 Apr 2013 00:42:41 +0000 Sarah Cwiek 12190 at http://michiganradio.org Downtown Detroit boosters share vision for 2016 New York investment firm offers to buy Compuware for $2.3 billion http://michiganradio.org/post/new-york-investment-firm-offers-buy-compuware-23-billion <p>A New York-based hedge fund said Monday that it wants to buy Compuware, Michigan’s largest technology company.</p><p>Elliott Management Corp. has offered to buy the company for $2.3 billion at $11-a-share. Elliott currently owns 8 percent of the Detroit-based software company.</p><p>The Detroit Free Press <a href="http://www.freep.com/article/20121217/BUSINESS06/121217024/New-York-hedge-fund-offers-to-buy-Compuware-for-2-3-billion?odyssey=tab|topnews|text|FRONTPAGE">has more</a>:</p> Mon, 17 Dec 2012 20:54:50 +0000 Michigan Radio Newsroom 10405 at http://michiganradio.org New York investment firm offers to buy Compuware for $2.3 billion Ilitch company proposes $650 million hockey arena, entertainment complex http://michiganradio.org/post/ilitch-company-proposes-650-million-hockey-arena-entertainment-complex <p>The Detroit Red Wings could have a new home if Mike Ilitch’s Olympia Development Company gets its way.</p><p>Officials from the company spoke to state lawmakers today, outlining a new $650 million complex in Downtown Detroit featuring shopping, apartments, offices and entertainment -- and a new home for the Red Wings.</p> Tue, 04 Dec 2012 22:06:31 +0000 Michigan Radio Newsroom 10210 at http://michiganradio.org Ilitch company proposes $650 million hockey arena, entertainment complex Quicken Loans closes deal on downtown Detroit building http://michiganradio.org/post/quicken-loans-closes-deal-downtown-detroit-building <p><a href="http://www.quickenloans.com/version">Quicken Loans </a>has completed the purchase of the 14-story Chase Tower in downtown Detroit. The deal will allow the company to move the remainder of its workforce from the suburbs to downtown Detroit.</p><p>When the move is complete, about 4,000 employees of Quicken and its related companies will work downtown.</p><p>The Chase Tower sits just south of the Compuware Building on the other side of <a href="http://www.campusmartiuspark.org">Campus Martius Park</a>, where Quicken moved about 1,700 of its employees last year.</p><p>The move downtown is part of Quicken founder Dan Gilbert&rsquo;s plan to help turn lower Woodward Avenue into a mecca for high-tech, Internet-based businesses.</p><p>Quicken is the nation&rsquo;s largest online mortgage lender.</p><p>Plans for the Chase Tower include retail space on the first floor, and room for tenants who fit into Gilbert&rsquo;s plan for a downtown Detroit technology hub. Thu, 07 Apr 2011 19:21:12 +0000 Sarah Hulett 1964 at http://michiganradio.org Quicken Loans closes deal on downtown Detroit building