Homecoming Spurs Expats to Give Back, Invest in City Invitees to Return to Detroit This Week for Second Event
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20150928-NEWS--0001-NAT-CCI-CD_-- 9/25/2015 6:09 PM Page 1 Readers first for 30 Years The X’s and Lear to buy O’s of XPO’s Gilbert building 18-wheel deal for downtown CRAIN’S to acquire innovation Con-way, center, DETROIT BUSINESS PAGE 3 PAGE 3 SEPTEMBER 28-OCTOBER 4, 2015 Homecoming spurs expats to give back, invest in city Invitees to return to Detroit this week for second event By Dustin Walsh [email protected] Soon after Thomas Tierney graduated from Wayne State University in 1960 and became an offi- cer in the U.S. Air Force, he left Detroit — and didn’t look back. That’s until his alma mater came calling. Last year, Wayne State persuaded Tierney, president of Tustin, Calif.-based VitaTech Nutritional Sciences Inc., to attend the inau- gural Detroit Homecoming event. This year, Tierney will return to his hometown, as among more than 170 “Detroit expats” who will descend on the Motor Thomas Tierney: City from Wednesday through Hecker Smilely Friday for the invitation-only mansion renamed Detroit Homecoming. Last after his $2M gift. year’s event attracted about 160. Also this week, the university will dedicate the former Hecker Smiley mansion property on Woodward Avenue to Tierney, thanks to a $2 million gift. The mansion, now owned by Wayne State, has been renamed the Tierney Alumni Hudson’s,Monroe Block plans on deck? House. SEE HOMECOMING, PAGE 31 Gilbert controls two coveted downtown parcels desirable in downtown Detroit, is expected DETROIT HOMECOMING to be determined soon. By Kirk Pinho garage, has been completed, the founder Development plans for the Hudson’s [email protected] and chairman of Quicken and Rock Ven- site on Woodward Avenue between State By the time Dan Gilbert moved his on- tures LLC and now downtown’s most prolif- Street and East Grand River Avenue are ex- line mortgage company downtown in ic real estate buyer, still has the develop- pected this year, and plans for the Monroe 2010, he had sewn up the rights to develop ment rights to the other two: The 2-acre Block — bounded by Monroe, Farmer and three prime pieces of central business dis- former site of the Hudson’s department Bates streets, Woodward and Cadillac trict land as part of the incentive package store and a 1.96-acre site known in devel- Square east of the Compuware building — to lure Quicken Loans Inc. to Detroit from opment circles as the Monroe Block. are due next year. Livonia. What’s next for these two properties, Although one of the projects, The Z considered by many to be the two most SEE DEVELOPMENT, PAGE 32 In this issue and online © Entire contents copyright 2015 ■ Author and Homecoming attendee David by Crain Communications Inc. All rights reserved. crainsdetroit.com Vol. 31 No 39 $2 a copy. $59 a year. Detroit’s RFPs: Maraniss dishes on how the All-American Mustang A status was almost “Imported From Detroit.” Page 31. report on ■ Follow all the Homecoming events and attendees Brewster online at detroithomecoming.com and by Wheeler,other following the Twitter hashtag #dethomecoming. developments ■ See live streams of select Homecoming events in city, provided by WXYZ-Channel 7 by visiting Page 32 crainsdetroit.com. NEWSPAPER 20150928-NEWS--0002-NAT-CCI-CD_-- 9/25/2015 12:02 PM Page 1 2 CRAIN’S DETROIT BUSINESS // SEPTEMBER 28, 2015 MICHIGAN MICH-CELLANEOUS U.S. Department of Veterans Affairs, INSIDE Ⅲ The seventh edition of the annu- with an immediate $10.9 million THIS ISSUE al ArtPrize competition began last order for endoscopes used in surgi- CALENDAR . 25 CLASSIFIED ADS . 29 week in Grand Rapids and runs cal procedures for veterans, The CRAIN’S LIST . 23 through Oct. 11. Artists will compete Grand Rapids Press reported. Al- DEALS & DETAILS . 26 for $500,000 in prizes, including a liant, which will supply the medical OPINION . 6 BRIEFS $200,000 grand prize selected by pub- technology for nine VA hospitals in OTHER VOICES . 6, 7 lic vote. Now about that vote. A tech- the Midwest, is owned by Bob Tay- PEOPLE . 28 Aeron and Leap chairs were nology snafu halted voting Wednes- lor, a former U.S. Air Force major. RUMBLINGS . 34 Herman Miller to err on side Ⅲ of caution to defend design searched, links popped up directing day, the first day of the 19-day event, Matthew Vlasic, a University of WEEK ON THE WEB . 34 people to LuxuryChair.com before but was resolved that evening. Orga- Michigan student and member of When it comes to its chairs, Zee- the companies’ own websites. nizers say there are more than 1,550 the Sigma Alpha Mu fraternity, was land-based Herman Miller takes a entries by artists from around the sentenced to probation and or- COMPANY INDEX: stand — specifically, if any compa- Mylan countersues Perrigo, world, with displays on view around dered to pay $5,000 for his role in SEE PAGE 33 ny copies its designs and sells the alleges false statements the Grand Rapids area. weekend vandalism in January at resulting knockoffs for less. Ⅲ The city of Flint plans to issue the Treetops Resort ski resort in MLive.com reports that the office- Now who could have seen this an advisory about how to minimize northern Michigan, The Associated preys has reached a 30-year low in furniture maker is taking legal ac- coming? Not even a week after Perri- exposure to lead in water amid con- Press reported. On that same week- Lake Huron and a 20-year low in tion against New York City-based go Co. plc filed suit against Mylan N.V., cerns about the water supply, The end, Boyne Highlands reported prop- Lake Michigan, The Associated Madison Seating, claiming its rival claiming Mylan was misleading in- Flint Journal reported. Flint is ask- erty damage by students. Press reported. Numbers also are gives customers the impression that vestors as part of a hostile takeover ing Gov. Rick Snyder for $30 million Ⅲ A judge ordered former Kent down in the other lakes, although refurbished Herman Miller furni- attempt, Mylan countersued Perri- to improve the city water system, County Commissioner Michael they remain above target levels in ture is brand-new. go, alleging Chairman and CEO Joe which once got its water from De- Wawee to pay the Diocese of Grand lakes Superior and Erie. The average One reason Herman Miller is Papa made misleading and false troit. Flint officials say the water is Rapids more than $140,000 in restitu- lamprey kills up to 40 pounds of fish. going public: Madison Seating’s statements when he argued against safe and meets standards. tion for his role in an alleged kick- Ⅲ The Van Andel Institute in owner is Levi Cohen, who got into it the hostile takeover attempt. Ⅲ Kellogg Community College in back scheme, The Grand Rapids Grand Rapids received a $3 million with Herman Miller nearly a decade As in Perrigo’s case, MiBiz report- Battle Creek has suspended its Press reported. Wawee sold cemetery gift from the late Arthur Jabury, who ago on the same issue when he ed, Mylan’s suit asks a judge to de- search for a new president for at services for the Catholic Church. had no connection with the insti- owned LuxuryChair.com. Herman clare Perrigo’s statements to in- least the next year. In a release, KCC Ⅲ A $1.5 million federal loan tute, The Grand Rapids Press report- Miller contends Cohen is violating a vestors as “materially false and board Chairman Steve Claywell said guarantee is expected to boost ef- ed. Jabury, 87, left nearly half his for- consent agreement with terms that misleading” in violation of federal that interim President Mark O’Con- forts to rehabilitate the vacant tune to the institute upon his death explicitly prohibit him from engag- securities law. The suit also seeks a nell has done a good job in the role three-story Sperry’s building in in October 2014. He worked in ac- ing in Madison Seating’s current ac- judgment that requires Perrigo to since March. The college also said downtown Port Huron, The Associ- counting for General Motors. tivities and imposes specific penal- issue correct statements. Perrigo, that because of declining enroll- ated Press reported. An awning and Ⅲ Grand Rapids-based Spectrum ties for violating the judgment. while domiciled in Ireland, has its ment and a tight budget, it makes bricks on the building were dam- Health appointed Ron Lewis as pres- Herman Miller and competitor headquarters in Allegan. no sense to devote resources to a aged in June by a military helicopter ident of Zeeland Community Hospital, Steelcase Inc. sued Cohen and Luxu- Perrigo shareholders have until national search for a new president. dropping off soldiers as part of an MiBiz reported. Lewis was vice ryChair.com in 2006, claiming Nov. 13 to decide whether to sell Ⅲ Grand Rapids-based Alliant urban military training exercise. president and COO of Community Cohen’s company bought Google their shares to Mylan. 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