downtown detroit

Opinion
9:29 am
Thu October 30, 2014

Yes, there is room for black people in the new Detroit

Joe Louis Mural at Berts in Detroit Eastern Market Photo by Michigan Municipal League

Recently, Suzette Hackney of POLITICO wrote an article that asked the question, “Is There Room for Black People in the New Detroit?” Her account begins at the corner of Agnes and Parker at a local restaurant where she describes seeing “designer dogs” and “tattooed millennials."

From her piece: 

The whole scene was a far cry from when I lived in the adjoining apartment building in the early 2000s... but this is the new Detroit.

I live in the neighborhood she describes, and even though Craft Work could be considered a “hip” establishment, I'm a little sad the area she described was reduced to a gentrified stereotype.

Read more
Business
2:50 pm
Sun July 20, 2014

Plan to transform downtown Detroit released

An artist's conception of the yet-to-be named downtown hockey arena.
Credit Olympia Entertainment

Downtown Detroit could undergo a major transformation under a development plan unveiled today.

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.

Read more
Economy
8:07 pm
Wed September 18, 2013

Black business leaders want "a seat at the table" in Detroit re-development

The Michigan Black Chamber of Commerce says minority-owned businesses are "locked out" of Detroit development deals.
Credit Sarah Cwiek / Michigan Radio

 There are a number of multi-million dollar development projects happening in and around downtown Detroit these days.

But according to the Michigan Black Chamber of Commerce, black-owned businesses feel left out of the boom.

Black and other minority-owned businesses have effectively been locked out of the process of re-developing Detroit, says Chamber CEO Ken Harris.

Read more
Economy
2:31 pm
Thu July 25, 2013

Despite Detroit's troubles, a number of programs bring recent graduates to the city

Detroit
Bob Jagendorf Flickr

There seem to be two types of stories emerging from Detroit these days: one bleak and one optimistic.

Both can be spun wildly out of proportion, but the two – seemingly contradictory – narratives paint the same city in a very different light.

Detroit’s bankruptcy has garnered attention from around the world – from the U.K. to India. 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.

At the same time, there have been a number of reports that have highlighted a more optimistic narrative in the city.

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.

Read more
Economy
1:47 pm
Tue July 9, 2013

Who owns downtown Detroit?

Michael Ilitch, center
Dave Hogg Flickr

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, pop-up businesses, more people, a new demographic, a Whole Foods,

Read more
Arts & Culture
5:50 pm
Wed June 12, 2013

More on the winners of the downtown Detroit Hudson's site competition

Postcard of the J.L. Hudson Building.
Credit wikipedia.org

The iconic Hudson department store in Detroit was demolished 15 years ago, leaving a large empty space in the heart of downtown.

Read more
Business
8:42 pm
Wed April 17, 2013

Downtown Detroit boosters share vision for 2016

Credit via Downtown Detroit Partnership

Exciting things are happening in downtown Detroit, and there’s a plan to keep up the positive momentum.

That’s the scenario the Downtown Detroit Partnership laid out at its annual lunch Wednesday.

The DDP outlined its vision for a dense, vibrant downtown Detroit of 2016.

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.

Read more
Economy
3:54 pm
Mon December 17, 2012

New York investment firm offers to buy Compuware for $2.3 billion

Compuware moved its headquarters to downtown Detroit in 2002.
Urban Adventures flickr

A New York-based hedge fund said Monday that it wants to buy Compuware, Michigan’s largest technology company.

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.

The Detroit Free Press has more:

Read more
Economy
5:06 pm
Tue December 4, 2012

Ilitch company proposes $650 million hockey arena, entertainment complex

Joe Louis Arena, the current home of the Detroit Red Wings
femaletrumpet02 flickr

The Detroit Red Wings could have a new home if Mike Ilitch’s Olympia Development Company gets its way.

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.

Read more
business
3:21 pm
Thu April 7, 2011

Quicken Loans closes deal on downtown Detroit building

Courtesy Quicken Loans

Quicken Loans 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.

When the move is complete, about 4,000 employees of Quicken and its related companies will work downtown.

The Chase Tower sits just south of the Compuware Building on the other side of Campus Martius Park, where Quicken moved about 1,700 of its employees last year.

The move downtown is part of Quicken founder Dan Gilbert’s plan to help turn lower Woodward Avenue into a mecca for high-tech, Internet-based businesses.

Quicken is the nation’s largest online mortgage lender.

Plans for the Chase Tower include retail space on the first floor, and room for tenants who fit into Gilbert’s plan for a downtown Detroit technology hub.