DETROIT BUSINESS MAIN 05-05-08 A 1 CDB 5/2/2008 6:35 PM Page 1

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www.crainsdetroit.com Vol. 24, No. 18 MAY 5 – 11, 2008 $2 a copy; $59 a year

©Entire contents copyright 2008 by Crain Communica- THIS JUST IN Esperion UM architecture school names new dean buyback The A. Alfred Taubman Col- lege of Architecture and Ur- ban Planning at the Universi- ty of Michigan has named Monica Ponce de Leon as its goal: More new dean. Ponce de Leon is profes- sor of architecture and di- rector of the digital lab at drug offerings the Harvard University Gradu- ate School of Design. The appointment is BY TOM HENDERSON pending approval by the CRAIN’S DETROIT BUSINESS Board of Regents. Ponce de Leon is also a Roger Newton hopes he can make history principal at Boston-based repeat itself by reinventing Esperion Thera- design firm Office dA and peutics Inc., one of the most successful start- PHOTO ILLUSTRATION/ISTOCK.COM replaces Dean Doug Kel- ups in Michigan history. baugh, who is stepping A group of venture-capital partners has down after 10 years to re- bet nearly $23 million that he will succeed. turn to the faculty. Economic-development officials in Wayne and Washtenaw She joined the Harvard counties are betting that faculty in 1996 and has he will, too, and that his served on the faculties of Scene stealer? new company will also Northeastern University, Uni- serve as a much needed versity of Miami and Georgia Incentives draw ‘gold rush’ of film-related work to state incubator for biotech Institute of Technology. startups that until now — Chad Halcom BY DANIEL DUGGAN AND BILL SHEA Michigan Film Office, insiders say the state’s in- have found it very diffi- CRAIN’S DETROIT BUSINESS centives caused a wave of business on a scale cult to get access to wet Ex-hospice CEO to lead nobody imagined. Thirteen film projects have labs. (See story Page 34.) When Gov. Jennifer Granholm signed a pack- been approved for incentives by the state trea- Newton Newton founded Espe- women’s foundation age of incentives for filmmakers, Chuck Speed surer. rion Therapeutics in Ann was ready to go. Carolyn Cassin, named “It’s difficult for other states to beat this in- Arbor in 1998 as a small company that want- COO of Los Angeles-based Lexicon Entertain- ed to tackle a huge problem — high choles- one of Crain’s Most Influen- centive package because it’s so aggressive,” ment, he’s seen the cycle of incentives in other terol. He raised $200 million to fund drug tial Women in 1997, is re- said Chris Baum, senior vice president of sales states and has learned one thing — there is a development over the years, took the com- turning to Michigan to be- and marketing for the Detroit Metro Convention & come president and CEO of prize for first. pany public in a $54 million initial public “We didn’t want to waste any time,” he said. Visitors Bureau, which is promoting Detroit to offering in 2000, then sold it to drug giant the Michigan Women’s Foun- filmmakers. dation. “In other states, those who get in early and Pfizer Inc. for $1.3 billion in 2004. “Films that were due to shoot in other states Cassin, who has been build relationships have access to things that Thursday, Pfizer announced it had sold are picking up roots and moving here instead president and CEO of the the latecomers don’t.” Esperion back to Newton. Financial terms because it’s too much money to pass up.” were not disclosed, but Newton told Crain’s Jacob Perlow Hospice in New Speed’s company is now producing a movie Those in the film business are getting pre- Friday that all of the money he raised will York City since 2002, will and a TV series locally and has rented office pared for deal-hungry film executives to pounce go toward product development and clini- join the foundation in Sep- space in two Detroit buildings. tember, said board chair- With close to 100 other scripts waiting in the See Films, Page 36 See Esperion, Page 34 man Linda Forte, senior vice president of business af- fairs at Comerica Bank. She replaces interim president Delores Givens, who has served for the past Area execs back green spending if it yields green year since Barbara Hill left to take a position at Mary- this (the environment) and worked something grove College. BY CHAD HALCOM out 10 years ago, when we could handle it,” said Before moving to New RETURN TO THE CITIES CRAIN’S DETROIT BUSINESS Diana Fisher, owner and president of Bogart’s York, Cassin was CEO for Land costs, Southeast Michigan executives favor spending R E D Baskets & Gifts Inc. in Ferndale. “But right now is- 10 years of what is now Hos- D S E V incentives are L E on the environment if it yields a return, or if it n’t a good time; and for business, I favor keeping pice of Michigan. E L driving growth in I O benefits the public without a significant dent in things status quo at least until the (economic) sit- F redevelopment at She later served as COO P N uation changes.” M the bottom line. of Phoenix-based VistaCare, a time when W

E Detroit hosts the But shelling out big green just to go green is a Like most respondents, Fisher favors changes

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overseeing a four-state, N

R major national that benefit the environment in principle and

T tougher sell, according to a recent survey of 400

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would like to see Michigan adopt renewable-ener-

business owners, managers and department

from a Southfield office.

Brownfields 2008.

R T gy standards for utility companies and a new

E R P — Sherri Begin O heads for Crain’s Detroit Business and Honigman Page 11. state brownfield cleanup fund, but she opposes See This Just In, Page 2 Miller Schwartz and Cohn L.L.P. “We probably should have thought about all See Green, Page 37

Homemade music forces CRAIN’S LISTS area studios to adapt, Commercial, industrial brokers; NEWSPAPER Page 23 industrial parks, Pages 20, 22 DETROIT BUSINESS MAIN 05-05-08 A 2 CDB 5/2/2008 6:13 PM Page 1

Page 2 CRAIN’S DETROIT BUSINESS May 5, 2008

Lionel moves HQ to New York thority, the administration and Energy conference for biz Origen to sell servicing assets THIS JUST IN state government in general. Model train maker Lionel L.L.C., — Robert Ankeny Area businesses can learn im- Southfield-based Origen Finan- ■ From Page 1 which emerged from a long bank- mediate ways to begin saving en- cial Inc. (Nasdaq: ORGN) a real es- ruptcy last week, is moving its WSU, faculty sign contract ergy in their operations during tate investment trust that origi- Studio One lands Radio Shack, headquarters to New York City the Energy Conference and Exhi- nates and services loans for from Chesterfield Township. Wayne State University last week bition taking place Tuesday. buyers of manufactured housing, Utrecht Art Supply The company’s owners, which reached a tentative agreement in Sponsored by the Engineering So- has entered into an agreement include musician Neil Young and its first labor contract with a re- ciety of Detroit and DTE Energy Co., with Minnesota-based Green Tree When Detroit’s newest mixed- CEO Jerry Calabrese, expect Lionel the event will include exhibitions Servicing L.L.C., to sell the assets of use development, Studio One, is cently formed union of part-time to generate $70 million in sales instructors, union leadership from energy companies from its servicing platform. completed in June, it will include this year by introducing new around the U.S. and a panel dis- Origen, which will ask for Radio Shack and Utrecht Art Supply, confirmed Friday. train sets and partnering with The Union of Part Time Faculty cussion about the future of energy stockholder approval of the sale both expanding from nearby. New York institutions such as efficiency and productivity, fea- at an annual meeting to be sched- said it reached the agreement Formerly called South University Macy’s Inc. and the Metropolitan turing top executives from Ford uled in June, will transfer about Wednesday. The UPTF repre- Village, the project is a five-story Transit Authority. Motor Land Development Corp., Nex- $1.6 billion in loans and its lease sents more than 700 part-time fac- building developed on the site of — Crain News Service tEnergy, Durr Systems Inc., Bank of of a Fort Worth, Texas, facility. ulty members who voted to a former Vernors plant on Wood- America (formerly LaSalle Bank), The sale price was not dis- unionize in April 2007. ward Avenue between Canfield General Motors Worldwide Facilities closed. The proceeds will retire Amanda Hiber, a writing in- and Forest avenues. It will have Housing tax credits set for fall Group and Altair Engineering Inc. one loan of $15 million, partially structor in WSU’s English depart- 30,000 square feet of retail and 124 About $16 million in low-in- The daylong conference is $65 repay another loan of $46 million apartments. come housing tax credits should ment and chair of the UPTF Com- for ESD members and $85 for and provide working capital. Also filling retail space is a 40- be awarded in early fall, Keith munications Committee, said nonmembers. For more informa- Origen has been hard hit by employee Fifth Third Bank branch Molin, interim executive director contract provisions call for a tion, visit www.esd.org or call credit crunch resulting from the and lending office, which will of the Michigan State Housing De- floor compensation rate of $700 (248) 353-0735. subprime mortgage crisis. move personnel from Southfield. velopment Authority, announced per credit hour. All faculty earn- — Sherri Begin — Tom Henderson Utrecht is expanding from 4863 last week. ing less — some lower-paid facul- Woodward Ave., Radio Shack Molin said he plans to seek ty in the union make about $580 from 4825 Woodward Ave. MSHDA board approval of the per credit hour — will be elevated Marcel Burgler, a principal state’s Qualified Allocation Plan to the base rate, and all those CORRECTIONS with the project’s developer, the week of June 2 and will follow making $700 or more would see a Ⅲ Radio personality Dick Purtan and collaborator Tom Ryan split up Grand Rapids-based Prime Devel- by getting authorization from the $75 bump plus a 2 percent pay in- in 1983 from CKLW 800 AM. A Rumblings item on Page 26 in the April 28 opment, still needs to lease about administration to go ahead with crease, Hiber said. edition gave an incorrect station and year. 40 percent of the retail space. He the actual funding by the end of The agreement awaits ratifica- Ⅲ A story and photo caption on Page 1 of the April 28 issue gave an in- said a letter of intent has been September or early October. tion by union members later this correct employer for George Shaffner. He is manager of the Michigan signed by a coffee shop, and he The federal tax-credit program month and must also be approved refining division for Marathon Petroleum Co. L.L.C. has been in discussion with a allocates incentives to developers by the WSU Board of Governors. Ⅲ A story on Page 1 of the April 28 edition incorrectly said Dearborn- restaurant. to propose low-income housing Stephen Calkins, associate vice based Oakwood Healthcare Inc. compensated its board members. Oak- Wayne State University is a part- projects using guidelines origi- president of academic personnel wood board members are not compensated for their services. Some ner in the development, building nated at the state level. Molin for the university, confirmed the board members on Oakwood’s 2006 Form 990 are listed as receiving a 950-space parking structure. said that the plan must affirm pact on Friday. compensation. Figures listed for those trustees are for non-board- — Daniel Duggan policy commitments of the au- — Chad Halcom related duties as outside vendors or internal employees.

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May 5, 2008 CRAIN’S DETROIT BUSINESS Page 3

ABOUT BRIG. GEN. SCOTT WEST CRAIN’S Age: 54; born in C ’ Moses Lake, Wash. Megachurches turn to Title: Commanding general, U.S. Army INDEX Tacom Life Cycle Management Taking Stock: Less remodeling and fewer Command. new homes buffet Background: Masco’s earnings. Commanding pros to raise megabucks Page 4. general of the 21st Macomb County: Most Theater Support businesses back a Command in Kaiserslautern, Germany. proposal to create a Served in Operation Desert Storm in 1991 Troy church gets $17 million in pledges in 2 days county executive. Page 6. and Operation Iraqi Freedom in 2003-04. Blues bills: House, Education: B.A. in history, Eastern Senate to debate high- Washington University; M.S. in logistics BY SHERRI BEGIN sions, that is only likely to in- risk pools, rate bands. management, Florida Institute of CRAIN’S DETROIT BUSINESS crease, Schropp said. Page 7. Technology. Kensington “brought me in to Troy-based Kensington Communi- $25 figure out how to fuel a huge ty Church did something in two vision,” said Greg Gibbs, its direc- days in March that most nonprof- million tor of finance and development. its can only dream of — raise more Gibbs had than $17 million in pledges from Amount of Kensington Church’s served as a Mission: its 11,000 members for a capital capital campaign Southeast campaign. Michigan- Other nonprofits should take based consul- heed: Kensington is among a $10.6 tant for Fort growing number of large metro- Worth, Texas- Table Talk: Dirty Dog Jazz politan churches around the coun- based church Cafe’s owner is To grow million fundraising determined to give try that are hiring fundraising consultancy Detroiters a taste of New consultants and, in a few cases Kensington’s budget York. Page 25. like Kensington, full-time direc- for this year Gibbs Cargill Associ- New Tacom leader to ates before Givers & Shakers: The tors of development to assist in Belle Isle Women’s fundraising. Kensington hired him in 2006. Committee is hosting its of the Saginaw-based Iles Group of Nationwide, donations to Since 1990, Kensington has ex- fourth annual Belle Isle guide local expansion Merrill Lynch churches in 2006 constituted near- . “Religion has always ploded from 40 people to almost Legacy Luncheon. been, and I think will always be, 11,000 weekly attendees, drawn by Page 26. BY CHAD HALCOM ly a third, or $96.8 billion, of all tax-deductible donations that the number one cause for individ- live music, dramas, comedy skits, Quicken Loans: Matt CRAIN’S DETROIT BUSINESS modern dance, multimedia pre- Cullen’s move brings year, according to Giving USA Foun- ual donors.” sentations and guest speakers speculation about his Brig. Gen. Scott West admits he’s no dation’s “Giving USA 2007” report. As megachurches begin to hire new role, his GM such as Detroit Lions quarterback expert in engineering or ground-vehicle “When we look at where the fundraising professionals to com- successor. Page 33. John Kitna. technology, and sometimes his new post money goes, God always wins,” pete more effectively for dona- at U.S. Army Tacom Life Cycle Management said Scott Schropp, vice president tions and to fund their expan- See Kensington, Page 35 These organizations appear in this Command in Warren seems like an un- week’s Crain’s Detroit Business: likely assignment. Belle Isle Women’s Committee . . . . 26 But the two-time Persian Gulf veteran Bieri Co...... 35 with a logistics and supplies background Blue Cross Blue Shield of Michigan . 7 is used to overseeing military operations Bogart’s Baskets & Gifts Inc...... 1 Cranbrook Academy of Art ...... 27 with many moving parts — which may be Cranbrook Art Museum ...... 27 handy as the Detroit Institute of Arts ...... 27 defense indus- DMCVB ...... 1 OntheGrow try grows on Dirty Dog Jazz Café ...... 25 Born into real estate Donadio Financial Services ...... 28 several fronts On the Grow is a in Southeast Epic-MRA ...... 37 feature that will Esperion Therapeutics ...... 1 Michigan. appear in most issues Fairlane Green ...... 12 highlighting growing “Part of my ULI to honor Jerome Schostak for a Ford Land ...... 12 companies, large and mission is to Ford Motor Co...... 12 small. Know of a see Tacom General Motors Corp...... 13 company you think LCMC become lifetime of making deals, setting trends General Dynamics Land Systems . . 37 Ghetto Recorders ...... 24 Crain’s should write even more of a Harmonie Park Music ...... 24 about? Contact driver in the Hatch: a Hamtramck Arts Collective 27 BY DANIEL DUGGAN “You feel it in your fingers, it’s Managing Editor local econo- High Bias Recording Studio ...... 23 Andrew Chapelle at my,” he said. CRAIN’S DETROIT BUSINESS instinctive,” he said. “You can see Honigman Miller ...... 1 [email protected]. “Because our the sales are down, that the ten- Integrated Tax Strategies L.L.C. . . . 16 Asked how long he’s been in Kensington Community Church . . . . 3 needs aren’t ants are suffering. But when you the real estate business, Jerome look at it overall, it’s instinctive.” Key Bank ...... 16 just for boots on the ground and the peo- Macomb County Chamber ...... 6 Schostak’s answer carries a bit of Over the years, it’s been his in- ple who serve in Iraq or Afghanistan. humor and a bit of truth. Masco Corp...... 4 stincts that led his decisions on McLaren Health Care Corp...... 23 They’re for people in Troy, in Warren “75 years,” said the 75-year-old. the Wonderland retail property in MDEQ ...... 11 and downtown Detroit.” “I was born into it. There was West, 54, became the newest command- Livonia. Michigan Man. Association ...... 13 never any doubt about what I National Brownfield Association . . . 11 The property was the first ma- ing general late last month at Tacom, the would do with my life.” National City Corp...... 16 jor retail assignment for Schostak Warren-based center for tank-automo- The second generation of what Northridge Church ...... 35 in 1957. Prior to that, he had NTH Consultants ...... 19 tive and weapons systems research and will soon be a four-generation worked for his father on various Plante & Moran Cresa L.L.C...... 17 development, engineering, fielding and family business, Schostak is cred- upgrades. tasks, such as driving through re- PM Environmental Inc...... 17 ited with bringing national retail Russell Industrial Center ...... 27 tail areas and compiling occupan- He was previously commanding gener- trends to this region. Schostak Brothers & Co...... 3 cy details. al of the 21st Theater Support Command He’s considered a pioneer in SEMCOG ...... 13 in Kaiserslautern, Germany, and re- In 1957, Schostak Brothers & Co. RECOGNITION, REFLECTION Team Schostak Family Restaurants. 35 the concept of the enclosed mall, U.S. Army Tacom Life Cycle places Maj. Gen. William Lenaers, who developing the Livonia Mall and was a retail brokerage, but was Tacom commanding general since The Urban Land Institute will hold a Management Command ...... 3 Macomb Mall in 1962. He devel- Schostak urged his father to take 2004 and has retired. an ownership interest in proper- reception for Jerome Schostak and oped one of the first Kmart stores present him with the Lifetime West comes to a Tacom operation that ties such as Wonderland. Without in the region. And as consumers’ Achievement Award from 6-9 p.m. BANKRUPTCIES ...... 6 is expanding and is expected to foster a the available capital, they ex- tastes have changed, the company on May 27 at the Ritz-Carlton in BUSINESS DIARY ...... 32 booming local defense industry over the he carried forward has been at changed their fees for an owner- Dearborn. Tickets are $250. For CALENDAR ...... 31 next three years or so. the forefront of turning enclosed ship interest. tickets or information, call (248) CLASSIFIED ADS...... 30 Currently 278 employees in the Army malls into “open-air” retail cen- When the property opened, it 807-1600 or visit EARNINGS ...... 4 Future Combat Systems operations at ters. had a Federated department store, www.detroit.uli.org. Tacom are preparing to move into a for- KEITH CRAIN ...... 8 As a result, he will be honored a Montgomery Ward and a strip ■ mer Lear Corp. office and warehouse Schostak reflects on LETTERS ...... 8 with the Detroit chapter of the Ur- center between. building along Enterprise Drive, adja- his career and the OPINION ...... 8 ban Land Institute’s Lifetime It evolved into an enclosed mall fourth generation of his cent to Tacom, within a month, said FCS OTHER VOICES ...... 9 Achievement Award on May 27. during the 1980s, and was expand- family-owned business public information officer Paul Mehney. PEOPLE ...... 30 Running a business and making ed in 1998 to include a more mod- on a Crain’s video at The move is to allow another program of- RUMBLINGS...... 38 the right decisions have been part ern food court. www.crainsdetroit.com/multimedia. WEEK IN REVIEW ...... 38 See Tacom, Page 37 instinct, part knowledge, he said. See Schostak, Page 35 DETROIT BUSINESS MAIN 05-05-08 A 4 CDB 5/2/2008 5:05 PM Page 1

Page 4 CRAIN’S DETROIT BUSINESS May 5, 2008 TAKING STOCK NEWS ABOUT DETROIT AREA PUBLIC COMPANIES

is pleased to welcome Less remodeling and fewer new homes buffet Masco’s earnings

ˆv̜˜Ê/œÜiÀÊUÊÇääÊ/œÜiÀÊ ÀˆÛiÊUÊ£È]{ǙÊ-µÕ>ÀiÊiiÌ BY NANCY KAFFER the only one in which home im- Some streamlining processes AND CHAD HALCOM provement products went down at may bear fruit in the near future, CRAIN’S DETROIT BUSINESS the same time as homes,” he said. he said, including the elimination nÊ"vvˆViÊ Õˆ`ˆ˜}ÃÊUÊ£]ÓäÇ]x™ÈÊ-µÕ>ÀiÊiiÌ “If anything, we’ve experienced of manufacturing inefficiencies, iÜÊ >˜>}i“i˜ÌÊUÊ iÜÊ`i˜ÌˆÌÞÊUÊ iÜÊ Õˆ`ˆ˜}Ê“«ÀœÛi“i˜Ìà “Hang in there, guys.” that during a slowdown in the the closure of 11 manufacturing That’s how one Wall Street ana- housing market, people are more plants since 2006 and a 15,000-per- ՏÊœœÀÃÊÀœ“ÊÓÇ]äääÊ-µÕ>ÀiÊiiÌÊ
Û>ˆ>Li lyst signed off a conference call willing to put money into their son employee reduction. with Masco Corp. (NYSE: MAS) ex- ˜ÌˆÀiÊÓxä]äääÊ-µÕ>ÀiÊœœÌÊ Õˆ`ˆ˜}Ê
Û>ˆ>Li homes, if they’re planning on stay- “We’ve been pretty active over ecutives last week. ing in their homes.” the last couple of months; as we The Taylor-based maker of home Manoogian predicted that the saw late last year, our cabinet op- fixtures and furnishings posted dis- consumer climate will worsen. erations in North America have For leasing information, please contact: mal first-quarter earnings last “People are uncertain as to the done a good job of trying to right- Mark Collins 248.351.2021 week, with a net income of $2 mil- value of their homes and, until size to market conditions,” Wad- lion or 1 cent a share on net sales of Renée De Spelder 248.936.6819 home prices bottom out, I think hams said. $2.44 billion, down from $143 mil- people are unwilling to put thou- However, he warned that too Jeffrey B. Bell 248.351.2074 lion — 37 cents a share — for the sands of dollars into their kitchens many closures will impair Masco’s www.cbre.com/detroit same quarter last year. and bathrooms,” he said. ability to rebound when the U.S. That’s a drop of $141 million, “We’ve been saying for some housing industry recovers. noteworthy even in today’s mori- Redefining Baluster Park as a Destination bund economy. time that we’ve been seeing a con- Last week, Masco also an- Masco’s stock closed at $18.60 on sumer recession.” nounced the sale of The Heating Not an Address Friday. Its 52-week high was $30.99 And that means bad news for Group, a collection of its radiator- on May 8 and its 52-week low was Masco. making companies in Belgium, for $17.78 on March 17. “The company currently esti- $155 million to an affiliate of Bel- 5750 New King St., Troy, MI 48098 Lower housing starts coupled mates that our 2008 sales percent- gian heating systems company www.emmesco.com with homeowner insecurity mean age decline will be in the low dou- Vaessen Industries. Masco closed Masco products are taking a hit on ble digits to midteens compared to the sale on Wednesday. two fronts, Chairman Richard 2007,” President and CEO Timothy Based in Dilsen-Stokkem, The Manoogian said in last week’s con- Wadhams said. “We had previous- Heating Group is a collection of ference call. It’s a climate he said ly estimated that the 2008 sales de- three Masco companies: Vasco, a he’s never seen before. cline would be high single digits to manufacturer of designer radia- “I’ve been through a lot of cycles midteens.” tors; and Brugman International and over the last 50 years, and this is This year, new housing starts Superia Radiatoren, both makers of are expected to decline 25 percent steel panel radiators. Combined to 33 percent to a range of 900,000 to 2007 sales for the three were ap- 1 million units, compared with 1.3 proximately $177 million. million units in 2007, he said. In a statement, Vaessen Indus- Think Green! The company’s product mix also tries President Jos Vaessen said the changed, Wadhams said, shifting company intends “to create a strong EARNINGS to cheaper products with a lower European group for radiators and profit margin. related products with a particular Think Dearborn! Asset Acceptance Capital Nasdaq: AACC Internationally, Masco is faring focus on the tremendous growth op- better. International sales were up portunities in Eastern Europe.” 1st Quarter March 31 2008 2007 A recognized leader in Brownfield Redevelopment Revenue ...... $64,354,730 $67,306,027 1 percent, Wadhams said, and Nancy Kaffer: (313) 446-0412, Net income ...... $6,777,824 $8,851,253 some products continue to per- [email protected]; Chad Halcom: Earnings per share ...... $.22 $.28 From beautiful tree-lined streets … form well in Europe. (313) 446-6796, [email protected]. Clarkston Financial Corp. OTCBB: CKSB to fields of sunflowers, green beltways, 1st Quarter March 31 2008 2007 Revenue...... $5,051,000 $3,472,000 bike and nature paths … to the world’s largest Net income ...... $514,000 $130,000 STREET TALK Earnings per share ...... $.41 $.10 green roof at Ford Motor Company’s Rouge Plant, THIS WEEK’S STOCK TOTALS: 40 GAINERS, 24 LOSERS, 10 UNCHANGED Credit Acceptance Corp. Nasdaq: CACC Dearborn enjoys a rich history of environmental 5/02 4/25 PERCENT 1st Quarter March 31 2008 2007 CDB’S TOP PERFORMERS CLOSE CLOSE CHANGE Revenue ...... $70,778,000 $57,351,000 conservation and restoration. To learn more Net income ...... $17,620,000 $15,360,000 1. Lear Corp. $30.54 $25.95 17.69 Earnings per share ...... $.57 $.49 2. ArvinMeritor Inc. 15.50 13.43 15.41 about Dearborn’s commitment to the 3. TRW Automotive Holdings Corp. 27.03 24.06 12.34 Detrex Corp. Pink Sheets: DTRX environment, visit 4. Ford Motor Co. 8.27 7.50 10.27 1st Quarter March 31 2008 2007 5. Community Central Bank Corp. 6.24 5.70 9.47 Revenue ...... $24,630,000 $24,325,000 Comerica Inc. 37.89 34.72 9.13 Net income ...... $502,927 $540,494 6. Earnings per share ...... $.31 $.33 7. Kaydon Corp. 52.96 48.65 8.86 8. Asset Acceptance Capital Corp. 12.34 11.37 8.53 Masco Corp. NYSE: MAS 9. General Motors Corp. 23.20 21.38 8.51 1st Quarter March 31 2008 2007 10. Universal Truckload Services Inc. 21.89 20.55 6.52 Revenue ...... $2,446,000,000$2,803,000,000 Net income ...... $2,000,000 $143,000,000 CDB’S LOW PERFORMERS 5/02 4/25 PERCENT Earnings per share ...... $.07 $.35 CLOSE CLOSE CHANGE 1. Rofin-Sinar Technologies Inc. $38.65 $44.94 -14.00 Penske Automotive Group NYSE: PAG 2. Meadowbrook Insurance Group Inc. 7.60 8.52 -10.80 1st Quarter March 31 2008 2007 3. Saga Communications Inc. 5.26 5.65 -6.90 Revenue ...... $3,204,470,000$3,080,015,000 4. Dearborn Bancorp Inc. 6.39 6.86 -6.85 Net income ...... $33,930,000 $14,582,000 Earnings per share ...... $.36 $.18 5. Champion Enterprises Inc. 9.84 10.40 -5.39 6. Citizens Republic Bancorp Inc. 8.1 8.56 -5.374 Rofin-Sinar Technologies Nasdaq: RSTI 7. Amerigon Inc. 13.30 14.01 -5.07 2nd Quarter March 31 2008 2007 8. FNBH Bancorp Inc. 12.00 12.50 -4.00 Revenue ...... $136,300,000 $116,061,000 9. Sun Communities Inc. 19.53 20.26 -3.60 Net income ...... $10,779,000 $13,076,000 10. Masco Corp. 18.60 19.17 -2.97 Earnings per share ...... $.35 $.41 6 months Source: Bloomberg News. From a list of publicly owned companies with headquarters Revenue ...... $271,289,000 $227,806,000 in Wayne, Oakland, Macomb, Washtenaw or Livingston counties. Note: Stocks trading Net income ...... $27,675,000 $24,569,000 at less than $5 are not included. Earnings per share ...... $.90 $.78 DBpageAD.qxd 4/9/2008 9:45 AM Page 1

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Page 6 CRAIN’S DETROIT BUSINESS May 5, 2008 Most Macomb businesses back proposal for a county exec

BY CHAD HALCOM If approved, the measure would tance of a centralized county elect- ests and its friends.” tively, of the $116,447 raised as of CRAIN’S DETROIT BUSINESS scrap the county’s current form of ed official who can foster econom- The ballot organizers also call April 25. government and ic-development programs. for reducing the number of county Other sizable contributors in- Members of Macomb County’s lead to as many But Nick Andreopoulos, presi- commissioners to help fund the clude New Baltimore-based Citi- business community are mostly as five more dent and co-owner of Nick’s 22nd new executive office. zens State Bank at $5,500, General Dy- behind an executive government elections to Street Steakhouse Inc. in Shelby “It’s probably a wash (in the namics in Sterling Heights at proposal before voters Tuesday, shape a new one Township, said he has voiced his county budget), if not a savings,” $5,000, the Michigan Maritime Trades with a handful of dissenters clash- — presumably anti-county executive views to any Shore said. “That’s why the busi- Port Council in Algonac at $5,000, ing about whether the investment with an execu- patrons who will listen. ness community has been so in- and Michigan Democratic Party in a costly electoral process will tive office. He fears the Tuesday proposal strumental in this ballot issue. It Chairman Mark Brewer at $9,893. yield a clear return. The Macomb will mean a bigger government will change the way the county Nathan Hlavin, a human re- Grace Shore, co-treasurer of County Cham- that doesn’t serve business. does its business.” sources manager at the Southfield offices of IT company Ciber Inc. and Charter = County Executive and CEO Shore ber represents “More government isn’t good for The Macomb Chamber and the and COO of the Macomb County more than 900 small business or big business,” he Detroit Regional Chamber are two of chairman of anti-ballot proposal Chamber, said much of the county’s member businesses and nonprofit said. “This will lead to another lay- the largest individual contributors committee Protect our Future Ma- business community is firmly be- agencies, and Shore said most er of government that isn’t looking to Charter’s election campaign comb, said the business communi- hind the Tuesday ballot proposal. seem to understand the impor- out for anyone but its own inter- fund at $16,300 and $17,000, respec- ty is not as sold on the economic advantages of a new government as Shore contends. He said volun- teers for his organizations are making phone calls and distribut- ing mailers against the proposal. “The economic strain on this county has come from job losses in automotive and manufacturing in- dustries, just like it has been a strain on Oakland and Wayne counties,” he said. “And the coun- ty executive isn’t some magic wand that would make that situa- tion disappear.” Protect our Future Macomb re- ported roughly $1,500 in fundrais- ing contributions in its April 25 campaign finance statement, but Hlavin estimated total fundraising was “nearly $2,000,” and most of its efforts are supported by volun- teerism and in-kind contributions. Most donations are from individu- als, including five current or for- mer Republican county commis- sioners, plus business owners or managers. Hlavin contends that businesses are attracted to Macomb County by its relatively small government and low property taxes, an advan- tage the county could lose if it cre- ates a whole new department around a county executive. Chad Halcom: (313) 446-6796, [email protected]

BANKRUPTCIES The following businesses filed for Chapter 7 or 11 protection in U.S. Bankruptcy Court in Detroit April 25- May 1. Under Chapter 11, a company files a reorganization plan that the court must approve. Chapter 7 in- volves total liquidation. Al-Maha Enterprises Co. Inc., 1808 Crooks Road, Royal Oak, voluntary Chapter 11. Assets and liabilities not available. Assured Resources L.L.C., 50 W. Big Beaver Road, Troy, voluntary Chapter 11. Assets and liabilities not available. SOMETIMES YOUR 401(k) PLAN CAN BE Assured Source PEO L.L.C., 50 W. Big Beaver Road, Troy, voluntary Chapter IN A BAD PLACE AND YOU DON’T EVEN KNOW IT. 11. Assets and liabilities not available. Assured Source PEO 2 L.L.C., 50 W. Big Nobody intends to neglect a 401(k) plan. It just kind of happens. That’s why we don’t judge. We just help make sure things are on track so your Beaver Road, Troy, voluntary Chapter employees can retire successfully. We’re Michigan’s largest 401(k) plan consultant, specializing in state-of-the-art investment advisory, employee 11. Assets and liabilities not available. Manchester Pizza Inc., 3111 Jeanette communications, retirement planning, and administrative services. For the past twenty years we’ve worked hard to build a reputation Drive, Chelsea, voluntary Chapter 7. on exceptional service and results. From our willingness to take on discretionary fiduciary responsibility that limits clients’ personal liability related Assets and liabilities not available. to investments, to a transparent fee structure, our retirement planning vision has been rewarded with nearly 100% client retention. Find out how Medical Equipment Depot L.L.C., 21267 Hilltop St., Southfield, voluntary our no cost, no-obligation, 401(k) Fiduciary Review can help you. Visit us online at FreedomOneFinancial.com/crains or call 248-620-8100. Chapter 11. Assets: $725; liabilities: $89,654. Radwan & Affes Real Estate Investment Inc., 14730 Harper Ave., Detroit, volun- tary Chapter 11. Assets and liabilities not available. Rent-A-Can Inc., 50633 Ryan Road, Utica, voluntary Chapter 7. Assets: $23,095; liabilities: $87,589. Plan design, implementation, and employee communication services provided by Freedom One Retirement Services. Registered investment advisory services provided by Freedom One Investment Advisors. — Compiled by Jonathan Eppley DETROIT BUSINESS MAIN 05-05-08 A 7 CDB 5/2/2008 4:27 PM Page 1

May 5, 2008 CRAIN’S DETROIT BUSINESS Page 7 House, Senate to debate high-risk pool, rates for Blues

BY JAY GREENE commercial insurance companies kets and the effect on premiums. ject to OFIR review and reversal if an annual report on how it is CRAIN’S DETROIT BUSINESS to fund the high-risk pool, which Identify how many individuals the deemed excessive. New rates meeting its social and charitable would be administered by Blue pool could cover and the cost of the would not go into effect until 60 mission as a state-chartered, tax- Insurance reform can be a Cross under the House version. premiums. Suggest the best types days after filing. exempt organization. messy business. Smith said he might be inclined of funding to ensure the long-term Allow rates to be set based on Add two public members to Michigan House and Senate to favor allowing the pool to be ad- stability of the pool. tobacco use and participation in the Blue Cross board, effective leaders are expected to start work ministered by a state agency. Study what cost-containment covered health screenings and Jan. 1. They would be appointed this week on a compromise to two “Insurers are not as opposed to measures could work the best. wellness programs. by the Senate majority leader and Senate-approved bills on individ- paying assessments as they are op- Allow premiums to be set Cut the waiting period for peo- the speaker of the House. ual market reform that are radical- posed to allowing Blue Cross to based on sex, age, residence, dis- ple with pre-existing conditions to No action in the Senate was tak- ly different from those approved in manage (the pool),” he said. ability, marital status or occupa- six months from 12 months for all en on two other bills related to the the House last October. Here are the highlights of the tion, based on a reasonable classi- insurance companies. Blues’ for-profit subsidiary, the Ac- The Senate passed bills that did Senate’s two substitute bills: fication system. This would Grant Michigan Attorney cident Fund Insurance Co. of America, not include a high-risk pool for pa- Instruct the Office of Finance require OFIR approval. General Michael Cox the right to which are part of the House pack- tients with costly and serious med- and Insurance Regulation to study Allow the Blues to set rates challenge the rates if he deems age. ical conditions. The Senate agreed what impact a high-risk pool will like other insurers, but those rate they are excessive. Jay Greene: (313) 446-0325, to order a one-year study of the in- have on individual and group mar- changes would continue to be sub- Require Blue Cross to submit [email protected] dividual insurance market. The Senate bills also did not in- clude premium rate bands, which set minimum and maximum rates that can be charged by insurers. Rep. Virgil Smith, D-Detroit, who chairs the House Insurance Committee, said he will convene a work group of House and Senate leaders to hash out the differences between the bills. House Speaker Andy Dillon, D- Redford Township, said he is still studying the Senate bills and had no immediate comment. “The House bills would elimi- nate cherry picking and allow Blue Cross to offer a product that is very affordable to people,” Smith said. Smith said the rate bands and high-risk pool are significant parts of the House legislation that should be preserved if possible. “It is disappointing the high- risk pool is not in there,” Smith said. “They want to study it for a year? Governments are good at studies. I like action. If it is a mis- take, we can come back and fix it.” Speaker Pro Tem Michael Sak, D-Grand Rapids, also said he will push House Democratic leaders to persuade Senate Republicans to in- clude a high-risk insurance pool and premium rate bands. Don’t Let the Waiting Game If House and Senate leaders can- not privately agree to a compro- mise, the bills could be hashed out Shape Your Bottom Line in a joint legislative committee. Another option could be for the House to change its bills and send As the saying goes, “Time is money.” the package back to the Senate, That’s especially true when it comes to your said Greg Bird, an aide to Dillon. Save money today! “I would vote not to concur with company’s retiree coverage. the Senate and move to a confer- ence committee to determine how BCN Advantage best to address the individual mar- Ask your Blues agent or is the group Medicare ket,” Sak said. “It is critically im- sales representative about Advantage plan with the experience, portant that a high-risk pool and dedication and accessibility to save you rate bands be included. I want to BCN Advantage. cap the charges (premiums).” money right now. Our streamlined referral Andrew Hetzel, vice president of process, comprehensive benefits and corporate communications with Blue Cross Blue Shield of Michigan, wellness programs help keep your retirees said the Blues oppose the Senate Blue Care Network of Michigan healthy and happy. bills and continue to hope the contracts with the federal government House bills prevail. and is a nonprofit corporation and Several groups have lined up to Our industry-leading expertise is paying off. support the Senate’s versions of independent licensee of the Blue Cross Realize significant savings now. the Blues bills. and Blue Shield Association. “By resisting efforts to estab- lish a risk pool, the Senate’s bi- partisan action guarantees that Michigan citizens who buy health insurance will not be slapped with what amounts to a tax hike Blue Care Network of Michigan on their premiums,” said Denise DeCook, spokeswoman for the MiBCN.com/medicare Coalition for Access and Affordability in Michigan, which represents com- H5883_08 O BCNADMAd_021508 Source Code: CRDB mercial insurers who compete with Blue Cross. The tax would be assessments on DETROIT BUSINESS MAIN 05-05-08 A 8 CDB 5/2/2008 4:32 PM Page 1

Page 8 CRAIN’S DETROIT BUSINESS May 5, 2008 OPINION Brownfield cleanup needs bond program ichigan has one of the biggest toolboxes in the coun- try to help redevelop contaminated or blighted sites. M State and federal tax credits, state bond money and tax-increment financing through the state Brownfield Re- development Authority are just some of the tools that have helped projects ranging from taking the cement silos down on the Detroit River to redeveloping former industrial sites in Pontiac and Oakland County inner-ring suburbs. It is no time to reduce that support. But as Tom Henderson reports on Page 16, tax credits worked well when banks made a lot of money and bought the credits from development projects. Now banks are losing mon- ey, so developers are finding it harder to sell the credits they generate. As 5,000 people converge on Detroit for the national 2008 Brownfield Conference, Michigan will be recognized as a na- tional leader in redeveloping sites. A decade ago, Michigan voters approved the sale of bonds for a “clean Michigan” program. More than $300 million in bond money has gone toward brownfield redevelopment. Michigan could use another bond program. With the suc- LETTERS cess of the past as a guide to the future, voters could see the value of another round of investment. Governor, MEDC work hard The Cobo conundrum continues Editor: The same was true at NAIAS. Crain’s Detroit Business Keith Crain, in his April 21 col- The governor met with auto exec- welcomes letters to the editor. Just when you think the debate over whether to expand umn, asks, “Where were the peo- utives at nearly every booth, had All letters will be considered for Cobo Center can’t get any more complicated, it does. private meetings with new and ex- ple coming to Detroit?” The an- publication, provided they are Last week, Oakland County Executive L. Brooks Patterson swer is: in Detroit. signed and do not defame isting companies and spent time let it be known he might be willing to drop his longstanding op- While it might make for enter- individuals or organizations. with the leaders of Michigan’s position to an expansion if William Beaumont Hospitals can taining reading and radio to sug- Letters may be edited for length auto industry. She hosted private get the support it needs to open a proton-beam cancer therapy gest that the governor and the and clarity. events to discuss potential invest- Michigan Economic Development ments and issues of importance. center in Royal Oak and a medical school on the campus of Write: Editor, Crain’s Detroit Corp. aren’t hustling Michigan Business, 1155 Gratiot Ave., When the governor and MEDC Oakland University. businesses for growth opportuni- Detroit, MI 48207-2997. travel overseas, they seek more job providers to open their doors Presumably that support involves legislative and guberna- ties at events like the Society of E-mail: [email protected] torial support — or at least lack of opposition — as needed. The Automotive Engineers and the in Michigan, and they don’t apolo- proton-beam center for Beaumont was shot down last week by North American International gize for it. A future trip to the Mid- Jim Epolito hosted two private dle East will be devoted to new the Certificate of Need Commission in favor of a consortium Auto Show, his premise is wrong. events with CEOs and company technology companies that can approach (see story, Page 33), but the commission can be over- The MEDC made heavy invest- ments in time and dollars to mar- executives who have projects that take advantage of our tech assets ruled by the governor or bypassed by the Legislature. ket the state at SAE and NAIAS. are ripe for Michigan. They also and skilled workforce. Real oppor- Politics is often about deals, and there’s no reason a med- Our booth, redesigned to focus on had half a dozen meetings with tunities exist there that can only ical school in Rochester Hills can’t be a regional resource in alternative energy and Michigan’s SAE companies that have Michi- add to our ongoing daily efforts to the same way that a downtown Detroit convention center is. technology leadership, was fully gan deals pending. They also help Michigan businesses grow here. The proton-beam therapy center, however, may be a difficult staffed all week by experts devoted spent personal time with 35 high- to telling SAE executives about po- level company officials and CEOs Lisa Dancsok bargaining chip because more players are involved than just Executive Vice President tential investments and jobs that over three days and encouraged elected political leaders. And the price tag for the new cancer Marketing and Communications Michigan can help foster. them to grow their businesses Michigan Economic Development Corp. treatment is so high it just may make sense to work collabora- Together, Gov. Jennifer here. The meetings were designed Lansing tively as a region on that investment. Granholm and MEDC Director to be productive, not publicized. See Letters, Page 9

KEITH CRAIN: I think we’re all running out of ideas Our mayor claims that he is still ly would help the com- collect his paychecks, weeks or even months. It’s ridicu- legal problems of our mayor, but able to do his job without any dis- munity. stay in the mansion, lous to assume our mayor would be they all seem to have an opinion. tractions from his ongoing defense. Why can’t we give the have the security detail, able to give his attention to the city This problem has been going on How can that be? I happen to be mayor a leave of absence etc. The deputy mayor when he’s got to be in attendance at far too long without a resolution. It distracted by everything related to with pay until this whole could act in his stead, a trial every day. looks like there aren’t a lot of busi- working with City his upcoming trial. How can any of issue is resolved? My guess is that the Detroit City ness executives who want to be Council. us really believe our mayor isn’t If the mayor were Council doesn’t have the power to counted. The business community distracted? Any of us would be. sick and needed to have This mess is a distrac- remove the mayor; and since the — with a couple of lonely excep- It’s pretty obvious the mayor is- some time to recover, I tion for every member of governor isn’t doing anything, tions — has been far too quiet on n’t planning on stepping down vol- can only assume that the city administration. maybe, just maybe the council this important issue. But I am sure untarily any time soon. There is City Council would al- Everyone knows that would be willing to give the mayor a they all have excuses that they no point in discussing again the low him to heal without something has to be leave. find to be perfectly acceptable. pros and cons of doing so. making him resign. done. It’s anyone’s guess I am constantly amazed that We are at an impasse. Something But I’ve got one more idea that I can only assume that the may- as to how long a trial is going to everyone, everywhere around the has to be done. Let’s consider giving might help our mayor and certain- or might take a leave of absence, take, but it would seem likely to last world has not only heard about the our mayor a leave of absence. DETROIT BUSINESS MAIN 05-05-08 A 9 CDB 5/2/2008 11:20 AM Page 1

May 5, 2008 CRAIN’S DETROIT BUSINESS Page 9 OTHER VOICES: Recycling can give city jobs, reuse land

Recently, the Detroit waste our resources. city. Additionally, many of these versify. Moving into the green current opportunity to shift its City Council took a very Detroit is the only city facilities can be located on and can economy makes lots of sense. processes. important step for the of the nation’s top 30 that reuse land that now is either va- Now that the resolution has On a positive note, we as mem- city’s future when it has not chosen to harness cant, contaminated or both. been passed, the “angel” is in the bers of the coalition have been passed a resolution in fa- the economic benefits of Detroit has a tremendous oppor- details of making the switch to a holding constructive meetings vor of moving the city to a recycling on a large scale. tunity to propel itself back to the new business model a reality. To- with Mayor Kwame Kilpatrick’s new business model for An informal survey of forefront of innovation in this day, the contracts held by the staff to review details of our pro- handling its trash and oth- companies that use recy- country. Our region has a rich his- Greater Detroit Resource Recov- posals. We urge Deputy Mayor An- er solid waste. cled glass, rubber, plas- tory of leading the nation in innov- ery Authority require the city to thony Adams to recommend this Council is to be congrat- tics, metals, etc. for the ative business practices, and this pay fixed high prices regardless of new approach right away to the ulated for making this Guy Williams raw material in new prod- era’s opportunities are on no less the amount of trash collected. This mayor while the current budget move and having the vision and ucts says that many are interested grand a scale. We can help lead the and other factors make the current discussions are under way. The courage to challenge the status in locating facilities in Detroit if way toward new state and national situation a financial loser as well city cannot afford to wait any quo. The resolution was originally given the opportunity. goals regarding climate change in as a deterrent to the health and longer to address this tremendous introduced by a citizen network It is projected that these facili- the process of adopting this new overall well-being of the city. waste of resources. known as the Coalition for a New ties would generate as many as 365 strategy. It is no secret that the There is a crucial June 1, 2008, Guy Williams is board chair of Solid Waste Business Model. The new jobs and represent close to $40 economy has been suffering and deadline that must be met for the Detroiters Working for Environ- basic premise is simple: Let’s not million in new investment in the that we need to look at ways to di- city to take best advantage of the mental Justice.

LETTERS CONTINUED ■ From Page 8 We must be hospitable Editor: The Society of Automotive Engi- neers and the North American In- ternational Auto Show are phe- nomenal conventions that deserve the same status we give world- class sports events. (Keith Crain: “Where were the people coming to Detroit?” April 21.) There is no reason we cannot ap- ply the same ingenuity and com- munity partnership that prompted such high praise from visitors dur- ing the All-Star Game, Super Bowl and Grand Prix. We know the mechanics because we had the good fortune to partici- pate in a real-life classroom. But there is another side to being a great host: It takes passion to want to make people happy. Gracious hospitality is the foun- dation of goodwill, which is some- thing our city desperately needs. If we want these events to not only come back but to grow and attract others, then we must show them we love them. The joy of serving others is contagious and might Manage your energy… just be the missing ingredient that helps us move this city forward. Gracious hospitality can be learned and will improve with from your fingertips. practice. Let’s continue what we learned in recent years and focus on those events that are part of our Don’t just use your energy – control it. MyEnergy Analyzer from DTE Energy gives culture and heritage and have you the power to manage your energy right from your computer. been here all along. J.G. Ted Gillary With MyEnergy Analyzer at my.dteenergy.com, you can: Executive Manager Detroit Athletic Club • Identify factors, like changing weather, that impact your energy bill. Our apathetic leaders • Get customized recommendations on how to lower your monthly costs. Editor: It was so kind of you to give us • See what you can expect to save by following those recommendations. the insight into the Pancakes and Politics breakfast in your April 18 MyEnergy Analyzer is simple to use and easy to understand. Use your report on crainsdetroit.com. You really painted such a lovely fingertips to get the information you need to manage your energy use. picture of our fine leaders’ com- pletely apathetic, entitled attitude. Visit MyEnergy Analyzer at my.dteenergy.com. Thank you for allowing us all to laugh with them and share in the apathy our leaders now consider “professional productive banter.” Marie Briganti Peterson Livonia Not moving downtown Editor: I read your article on the vitality gap (“Vitality gap,” April 14), and I The Power of Your Community e=DTE® wanted to comment on it. I am a young professional 26 years of age See Letters, Page 10 DETROIT BUSINESS MAIN 05-05-08 A 10 CDB 5/2/2008 10:47 AM Page 1

Page 10 CRAIN’S DETROIT BUSINESS May 5, 2008

LETTERS CONTINUED ■ From Page 9 and not married. I live in Fraser. I this isn’t possible under current not a lone voice. I believe there are Clinics give fine care based, tracked through electronic conditions. It would be the most ir- many suburban residents who feel health records and provided by graduated from Western Michigan Editor: responsible financial decision a exactly the same way. credentialed practitioners. University. I feel there are three Mike Scott’s article, “Retail person in my age group could I have decided to boycott the Dr. Chris Bush’s statement that factors preventing Detroit from be- health clinics sprout in area; doc- make. I hope that one day these is- city’s many wonderful cultural “Nurse practitioners ... don’t have coming a thriving metropolis. tors feel threat, have concerns,” First and most important is crime. sues will be addressed, and I think and sports events and have sug- the skill or experience to (proper- (April 7) focused on one of the most ly) diagnose a patient” is simply Second would be insurance costs. our city can become great. gested that my friends and busi- ness associates do the same. I’ll innovative options in the health inconsistent with reality. The final factor would be the in- Justin Quinn catch the Tigers on TV or radio in- care industry today — retail-based In fact, academic literature and ability to resell property. Fraser stead of going to the games. My convenient care clinics. These research testify that the care of- Also: neighbors will stay home on clinics are able to offer accessible fered by NPs is similarly high in Ⅲ Mass transit in the city is an Another boycotter Flower Day at Eastern Market. and affordable health care to con- quality to that provided by physi- issue; we have none. Editor: Maybe these actions are small sumers while maintaining a high cians. NPs diagnose patients, keep Ⅲ I agree with Peter Wurdock’s No major supermarket and, like Wurdock points out, a quality of care and achieving high them out of overcrowded and cost- chains. letter in the April 14 issue (“He’s drop in the bucket, but until May- patient satisfaction rates. ly emergency rooms and give care Ⅲ High taxes. Tax abatement is doing without Detroit”). Growing or Kilpatrick resigns, we’ll stay The services offered in conve- to individuals who might not oth- not a solution. up in Detroit and now a suburban- away from Detroit. nient care clinics are regulated erwise be able to afford the time or In short, I would love to be able ite, I am deeply troubled with the Mary Golip McIlraith and compliant with applicable money to get help. to move to the downtown area, but mayor and his actions. Wurdock is Livonia rules and guidelines, evidence- Tine Hansen-Turton Executive Director Convenient Care Association Philadelphia Kilpatrick is deceitful Editor: I couldn’t agree more with Judge (Greg) Mathis. The behavior of Detroit’s mayor exhibits the “type of deceit that has plunged our city into a deep crisis.” (“May- or’s former campaign backers launch defense fund,” March 31.) Are we to believe anything that comes from the mayor’s office? His self-serving actions have cost the city far more than $8 million to $10 million for the whistle-blower case. Further, with the mayor taking two or three vacations a month, it’s a miracle he has the time for all of those new developments he claims he’s brought to the city. I wish I could find a part-time job as lucrative as the mayor’s. A.J. Zaccanti Clinton Township Report is a disservice Editor: As a former board member of Gilda’s Club, I can attest that your article was poorly researched and inaccurate (“Unchecked passion,” April 21). The result is that you have done a disservice to Gilda’s Club, and to Michael Radner in particular. Client recognition. Contrary to the impression your reporter tried to manufacture, Michael Radner’s involvement is Our greatest honor. celebrated by current and past Gil- da’s board members. Gilda’s has thousands of members in Detroit In a recent Greenwich Associates customer satisfaction research who would be left to face cancer on their own if it were not for the ef- report, 97% of KeyBank’s Michigan Commercial Banking clients forts of Michael. You could have done the Detroit rate their overall satisfaction with Key as Excellent and Very Good.* community a far greater service if you were to concentrate on vari- At Key, satisfying our clients is our top priority. Our dedicated ous boards’ difficulties with inac- tive or apathetic board members. commercial banking team delivers ideas and solutions, and is Anyone who has served on a vari- ety of boards in Detroit can attest committed to our clients’ success. Receiving recognition for this to the difficulty of engaging indi- vidual board members. What you commitment and service is our greatest honor. have accomplished, inadvertently or deliberately, is to cause board For more information, please contact Rick Northrup at members to be able to justify mini- mal involvement. 734-452-5479 or visit key.com/commercialbanking. Those committed, active board members in the Detroit communi- ty who give so generously of their time and energy are to be com- mended. They are equally as im- portant as those who contribute fi- nancially. When you decide to report on this important aspect of Detroit philanthropy, you should include Michael Radner and give *Source: Greenwich Associates™ 2007 KeyBank Customer Satisfaction Survey, 5 point scale. him well-deserved kudos. KeyBank is Member FDIC. ©2008 KeyCorp. Peter E. Robinson Bloomfield Hills DETROIT BUSINESS MAIN 05-05-08 A 11 CDB 5/2/2008 10:48 AM Page 1

May 5, 2008 CRAIN’S DETROIT BUSINESS Page 11

A CONVERSATION WITH Brownfields 2008 Visit our Web site this week for coverage of the national conference Robert in Detroit and to participate in our Colangelo, brownfields blog: www. National Brownfield crainsdetroit.com/brownfields. Associations Real estate

Crain’s reporter Amy Lane talked with Robert Colangelo, CEO of the Chicago- based National Brownfield Trends, Associations, about Michigan’s brownfield cleanup track record and brownfield trends. Michigan officials challenges to are looking at the potential of a new environmental bond issue that could redevelopment in part provide new cleanup funding. Money from previous environmental- Detroit this week hosts bond issues is expected to be Brownfields 2008, the R E D D S E V depleted by year’s end. leading national L E E L conference in the I How does Michigan compare with other O redevelopment F P states in terms of funding for N industry. The M brownfield cleanups? Michigan holds W

conference E only those who have created the O

presents an N R

pollution liable for cleaning it up. So T

B

opportunity to

that makes it very unique, and it is the

showcase Detroit

only state in the country that has gone

R

T

E R success stories P against the federal Superfund liability O scheme that holds property owners and promote real that may or may not have caused the estate deal-making in pollution to be potentially liable. Michigan and nationwide. Michigan also offers the most Giving new life to old industrial financial incentives for brownfield sites or obsolete buildings is cleanup of any state. And it also has becoming more common in the dedicated staff at the Michigan Midwest and beyond. This Economic Development Corp. and the report covers brownfield Michigan Department of Environmental opportunities and challenges. Quality that are involved not just in Investors are attracted to getting sites cleaned up, but in getting brownfield opportunities in them redeveloped. Detroit, Cleveland and Chicago Redevelopment has brought new life to mixed-use projects at the Book Cadillac in Detroit (left), TechTown (center) because of depressed land How high a priority should it be for the near Wayne State University and retail center Fairlane Green in Allen Park. values and incentive state to come up with a new source of packages. Just last month, the funding? In a heavy industrial state … U.S. Environmental Protection that has an abundance of functionally Agency awarded 87 brownfield obsolete industrial property … this is grants totaling $18.6 million to really one of the paramount things that it needs to be looking at. With the 56 communities and downturn in the Michigan economy, organizations in EPA Region 5, the Great Lakes states. Brownfields: Prime it’s more important than ever to attract private sector investment. If The financing puzzle isn’t funding is decreased or eliminated, always easy, but government, then it makes it harder to attract that legal and cleanup experts are investment. finding solutions. How critical is brownfield redevelopment toward the goal of In this report: creating vibrant urban centers? That is ■ Fairlane Green in Allen Park time for growth where the connection of brown and raises the bar in green retail. green comes in. Younger workers want a green environment. They want Page 12 LEED (the U.S. Green Building High suburban land costs, incentives, Council’s Leadership in Energy and ■ The latest in waste-to-energy Environmental Design) designation … initiatives. One company’s all the cool, innovative green building waste is another company’s green movement drive return to cities design that can be implemented in the raw material. construction of new buildings. Page 13 BY DANIEL DUGGAN with a growing agenda to rebuild brownfield sites — Do you see increased interest or use of CRAIN’S DETROIT BUSINESS including obsolete buildings that once housed man- building to LEED criteria in brownfield ■ Dirty work. We outline the ufacturing. It’s a topic that will be discussed at hen it comes to gauging public interest, redevelopment? Yes ... I think in dirty dozen contaminants and length at Brownfields 2008, the national conference few companies are as plugged in as the TV commercial retail, they’ve perfected it challenges to brownfields. in Detroit that starts today at Cobo Center. to a point where you could decrease W networks. That’s why Chris Leinberger Nationally, 24,500 brownfield projects have been your operating expenses to offset the Page 14 says it’s no coincidence that the suburban sitcoms funded and are under construction, according to cost of building green. On the office of the ’60s and ’70s like the “Dick Van Dyke Show” Milford, Conn.-based Environmental Data Resources, end, we’re definitely seeing tenants ■ Paying for it. Trends in and “The Brady Bunch” later gave way to the urban which supplies data for environmental consultants. that want to see that LEED designation Michigan financing and locales of “Friends” and “Sex in But the potential is much higher. The group reports because their workforce requires it or tax credits. the City.” 1.7 million sites considered “spill sites,” with some because it’s important to their “It’s not a case of the tail wag- kind of contamination, and 620,800 underground corporate image and philosophy. Page 16 ging the dog. They do more focus storage tanks. group research than anyone,” said You’ve got cities like New York that ■ Turning brown into green. In Michigan since 1992, 234 brownfield projects Leinberger. “ ‘Seinfeld’ is aug- have received grant or loan funding for a total of have incorporated the LEED designation Blending brownfield menting ‘Leave It to Beaver’ in $104,088,904 in brownfield redevelopment. This has into building codes. redevelopment and eco- terms of what the American created an estimated 18,517 new jobs and resulted in friendly construction trends. Dream is.” $3.2 billion in projected private investments, ac- Leinberger, a developer, a visit- If you know Page 17 cording to the Michigan Department of Environmental someone ing fellow at the Brookings Institu- Leinberger Quality. Susan Erickson, chief of the Michigan De- interesting you ■ Leadership. States with tion and a professor at the Universi- partment of Environmental Quality environmental would like Amy case studies and policies to ty of Michigan, tells his real estate students they will stewardship grants and loans unit in Lansing, said Lane to interview support brownfield projects. spend the rest of their careers building for the pent- Michigan has also secured a good share of EPA call (517) 371-5355 up demand for urban, walkable housing and work funding. or write Page 18 environments. [email protected] That demand for urban lifestyles goes perfectly See Brownfields, Page 12 DETROIT BUSINESS MAIN 05-05-08 A 12,13 CDB 5/2/2008 10:49 AM Page 1

Page 12 CRAIN’S DETROIT BUSINESS May 5, 2008

FOCUS:REAL ESTATE Brownfields: Prime time for growth Fairlane Green a model ■ From Page 11 Michigan has received $44,934,000 from the EPA national, a Washington, D.C.-based consulting compa- since 1997, Erickson said. ny that works on environmental and community-de- The reason? Suburban land costs are trending up- velopment issues nationwide. of landfill redemption ward, governments want to get the best use for prop- “It’s because those states have the most brownfield erties near urban cores, and companies want to see sites, but also because they have had to deal with BY MAUREEN MCDONALD subsidiary of Goldman Sachs, with a old corporate-owned real estate reused. great economic development pressure in maintain- SPECIAL TO CRAIN’S DETROIT BUSINESS track record in geotechnical and Finding a new purpose for some of the best real es- ing jobs and economic viability,” Bartsch said. environmental aspects of projects. Shoppers seeking bargains at Attorneys helped structure a con- tate in the country only makes sense, said Dan Combining brownfield credits, tax-increment fi- Target or Bed Bath & Beyond in Young Dixon, director of design for Minneapolis, nancing and other incentives makes urban redevel- dominium-type land holding sys- Allen Park’s Fairlane Green retail tem whereby Ford owns the land Minn.-based Opus Corp. opments more cost-effective than building in a corn- center walk over an asphalt park- below the surface and maintains “Brownfield sites are prime real estate in terms of field, said Deborah Younger, director of the Detroit ing lot and into their favorite environmental liability while Ar- location, access to infrastructure, transportation and office for New York-based Local Initiatives Support stores. Unseen is the extraordi- chon owns phase on surface and support,” he said. “They’re no longer functional, so Corp. LISC pairs financing entities with developers. nary efforts by developers to trans- air rights. in a lot of cases, it’s a great way to reclaim sites.” But at the same time, she said, it requires a higher form the 234-acre landfill dense The site started life as a clay More urban redevlopments tend to be mixed use — level of skill to develop in crowded, urban areas, which with Rouge Plant refuse into a $150 office-retail or retail-residential — because of the val- is why these sites are often last to be redeveloped. million green campus. mine and became a landfill of in- ue of the land and the established infrastructure and “You have to figure out how to work on a block “Fairlane Green is a truly innov- dustrial waste. In 2006, Ford Land community, Dixon said. where there are things happening,” she said. “You ative development that is setting a and Archon developed it into the Suburban sites tend to include commercial uses have to block off a street, work with the traffic, drop new standard for responsible land nation’s first LEED-Gold multi- only like office or industrial space. Opus’ brownfield things from a helicopter — while there’s a building use and development,” said Sean tenant retail center. Fairlane work is about 40 percent mixed-use, 20 percent multi- next door.” McCourt, chairman of Ford Land, a Green will receive an award for family, 20 percent office, 10 percent industrial and 10 Change has been slow and will continue to be slow, subsidiary of Ford Motor Co. top accomplishments in the percent retail, he said. Younger said. The three-phase development brownfield industry — the EPA’s The greatest demand to rebuild urban cores has “The suburbs didn’t exist until the 1950s,” she said. expects to preserve more land Phoenix Award for Region 5 — at been in the Midwest and the East, following the life- “To change those dynamics will take at least the 50 than it develops with bioswales the Brownfields 2008 conference. cycle of development and decline of manufacturing years it took to develop the suburbs.” and wetland-type detention ponds “This is not the first redevelop- facilities, said Scott Miller, a managing director with Another factor driving brownfield development for storm water runoff, a 43-acre ment of a landfill site, but there are the development and asset strategy group of Chicago- comes down to a simple image issue. a number of things that are distin- based Jones Lang LaSalle. “Fortune 1000 companies are concerned with their park and miles of paved walking guishing about this,” said Frank “The Industrial Revolution was on the East Coast legacies, so they don’t want to have their names at- trails. Andrews, a principal with Miller and in the Midwest, and the development was in the tributable with a site that’s fenced off the communi- Ford called in big names in the Canfield’s environmental and regu- cities,” he said. “In the West, it was built away from ties,” Miller said. brownfield movement, including the residential components.” “The sooner they can get those properties back architect and designer William latory law practice group in De- Michigan, Ohio, Indiana, Illinois, Wisconsin, Min- and facilitate new jobs, the better people feel about McDonough of Charlottesville, troit. nesota, New Jersey and Pennsylvania historically that company.” Va., who helped Ford design its The law firm helped the Archon have been national leaders in brownfield redevelop- Daniel Duggan: (313) 446-0414, [email protected] living roof atop the Rouge Plant Group navigate regulations and ment, said Charlie Bartsch, senior fellow at ICF Inter- Marti Benedetti contributed to this report. and the Archon Group, the real estate statutes involved in the project.

Oakland County, Michigan Experts In Suburban Brownfield Revitalization Will YOU Be Our Next Success Story?

From Waste Site to Coordination of financial incentives through the County’s Thriving Retail Brownfield Redevelopment Authority and 19 local BRAs

• Tax Increment Financing • Michigan Business Tax Credits Revolving loan fund money also available for remediation of brownfield projects From Landfill Partners with to Modern • Oakland County’s Economic Development Team Corporate Offices • Oakland County’s Emerging Sectors® Program • Main Street Oakland County • Oakland County Business Finance Corporation • Oakland County Economic Development Corporation

Oakland County Waste Resource Management From Gas Station to Brad Hansen, Brownfield Specialist, 248-858-8073 L. Brooks Patterson Appealing Residential www.oakgov.com/waste/brownfield Oakland County Executive Development DETROIT BUSINESS MAIN 05-05-08 A 12,13 CDB 5/2/2008 10:59 AM Page 2

May 5, 2008 CRAIN’S DETROIT BUSINESS Page 13

FOCUS:REAL ESTATE New brownfield movement turns waste into ‘gold’

BY MAUREEN MCDONALD fuel and scrap engineering glass Virgin land near big cities is near- has a complex set of regulatory Capital, bought most of the 206-acre SPECIAL TO CRAIN’S DETROIT BUSINESS into designer kitchen counter tops. ly extinct, so the impetus for pri- standards defining the lines be- Steelcase campus in Grand Rapids vate-public partnerships and better tween waste, fertilizer and useful which is now a redevelopment. New thinking in the estimated Reuse, recycle reuse of materials has never been material. These regulations force “This is exactly the kind of ur- $3 billion brownfield movement in One of the leading advocates is greater. In Ohio’s Cuyahoga Coun- hundreds of millions of tons of use- ban renewal project for which we the United States — particularly in ty, including Cleveland, 95 percent ful materials the fledgling U.S. Business Council for have expertise,” the industrialized Midwest — in- of the available land has been devel- into landfills. By Sustainable Development, of which Harvey said. volves ways of transforming man- oped at least once, according to the applying better One of the Waste to Profit is one subsidiary. ufacturing waste into productive county’s department of develop- technology and first tenants her The council acts as a “dating applications. ment Web site. The concern, echoed policy, more firm recruited is Architect, designer service” for manufacturers R E D across the country, is that public waste could be Bata Plastics, a and consultant William D S E V looking to turn waste L E support through grants, tax credits used. company that E L streams into produc- McDonough calls the I O and other incentives is necessary “We cannot reprocesses of- F tive, profit-making movement “waste P N for developers to take on projects produce agricul- fice furniture equals food.” M uses, a process called W that promote waste to energy and tural fertilizer and packing ma-

E “byproduct synergy.” “The processes of O

N other brownfield redevelopments. through a bene- terials. It will

R Johnston Harvey

each organism in a T Chuck Hershey,

B

“Human health implications are ficial reuse ef- occupy a 120,000-

living system con- manager of environ-

a legitimate concern,” said South-

fort, but we can buy fertilizers square-foot facility on 10 acres, al-

R

T mental programs for E tribute to the health R P O field-based Michael Donahue. He is with the same constituents from lowing the 22-year-old company to of the whole,” said Mc- the Southeast Michigan a charter member of the U.S. Busi- another state and use it for agri- double its capacity to turn waste Donough, based in Char- Council of Governments, ness Council for Sustainable Devel- cultural purposes,” he said, hop- into profitable materials. lottesville, Va. hopes to make Michigan a pilot opment and former president and ing to modify the 2004-041 Environ- Spiraling energy costs prompt Incorporating this philosophy, site for grants for eco-industrial CEO of the Great Lakes Commission, a mental Quality Standards on Solid innovative waste-to-fuel ideas. an Allen Park shopping center, demonstration projects such as public agency representing inter- Waste Management. General Motors Corp. has become Fairlane Green, aided by $30 million sewer line backfill, landscape ests of the eight Great Lakes states A strong momentum for recy- one of the largest corporate users in tax credits, rises above a reme- screening berms and construction and two Canadian provinces. cling properties and reusing mate- of landfill gas in the U.S., accord- diated landfill. (See story, Page 12.) foundations. “We seek to manage resources Similarly, Chrysler L.L.C. converts “With increasing climate con- rials is growing, evidenced by par- ing to spokesperson Daniel Flores. not by political boundaries but by the landfill beyond its transmis- cerns and escalating cost struc- ticipation in brownfield “The sum of landfill gas capacity watershed. We’ve had a lot of suc- sion plant in Kokomo, Ind., to a tures for energy and materials, organizations and the sheer mag- at six GM operations using the fuel cesses.” demonstration project for Purdue these innovative uses are more nitude of $18.6 million in annual is equivalent to the energy needed University to grow poplar trees that feasible,” Hershey said. SEMCOG grants made by the Environmental to heat over 25,000 households, clean up environmental spills. In is developing redevelopment site Spinning straw into gold Protection Agency in just the Great which represents about 1.6 trillion Chicago, the four-year-old Waste to manuals and a series of workshops Mike Johnston, director of regu- Lakes states. BTUs per year,” he said, noting the Profit Network is devising ways to to help communities brainstorm latory affairs at the Michigan Manu- Susan Harvey, senior vice presi- installations save the automaker an turn factory-generated steam into ways to recycle waste streams. facturers Association, said the state dent of New York City-based Ashley estimated $5 million annually.

“OK, You’re Open for Business... Now What About Your Offices?” DETROIT BUSINESS MAIN 05-05-08 A 14,15 CDB 5/2/2008 11:03 AM Page 1

Page 14 CRAIN’S DETROIT BUSINESS May 5, 2008

FOCUS:REAL ESTATE EXPERIENCE-BASED Every cleanup proje

R E D BY DANIEL DUGGAN property can D S E V L E CRAIN’S DETROIT BUSINESS also be in- INSIGHT. E L I O cluded. F Developers and environmental P “So if N engineers can clean up just about M your small W

any kind of mess that’s left on a E O piece of N

site, thanks to advances in technol- R

property is T

B

ogy. Nevertheless, people in the in-

part of a

dustry keep their own lists of the

larger facili- R T

E

R P worst site challenges. ty, you’re sad- O Crain’s set out to find the “dirty dled with the des- dozen,” compiled from interviews ignation as well, and with developers, environmental you may be liable for the larger consultants and attorneys. Here’s parcel and not just your small what we found: piece,” he said. 1 Federal regulations 2 Refineries The engineers who tackle toxic, The problem with refineries is- even deadly, chemicals have a n’t just the end result, it’s the common fear — the federal govern- process, said Patrick Bell, group ment. leader of environmental service Topping the list of paperwork for Brighton-based Atwell-Hicks. pains is a federal designation giv- “You have the Many of our clients don’t realize how much they can gain en to some properties under the materials that from our tax experience until they experience it for themselves. Resource Conservation and Recov- are being re- ery Act, which means the property For real estate and construction clients that includes fined, such as is at a level far beyond chemical brownfield, new market, and historic tax credits that benefit petroleum,” he damage. said. “But then them and also revitalize and restore our communities. We’ve “RCRA is the worst contami- you also have grown to be one of the nation’s largest accounting, tax, and nant,” said Tom Wackerman, pres- the constituents ident of Brighton-based ASTI Envi- management consulting firms by helping businesses just that are being CPAs / Business Advisors ronmental. “It’s just really hard to like yours. When you need people who are at the top of their refined out, like work around.” field, call us. Gordon Goldie 248.375.7430. plantemoran.com THRIVE. Bell sulfides.” Sites are regulated under RCRA In Wood River, Ill., a former BP if they store or treat hazardous refinery is being cleaned up and waste, said Arthur Siegal, partner redeveloped. It’s a slow process with Southfield- and costly. The job has cost BP based Jaffe Raitt Heuer & Weiss $100 million to date, said Scott P.C. Dean, general manager of press re- The RCRA lations. laws may mean “It’s a methodical process, but it the property can certainly be done,” he said. must be cleaned to a standard 3 Nonaqueous liquids that is higher Siegal than what is re- This class of chemical has a quired under other state or federal nasty reputation, Bell said. regulations. Spillage of even a small amount “It’s hard to get closure the way can work its way down the ground you can under state guidelines,” quickly, he said. Among the com- he said. mon offenders is trichloroethyl- Making a RCRA designation ene, or TCE, used to degrease met- even more daunting, he said, the als. parcels that are contiguous to the “TCE is a compound that has a DETROIT BUSINESS MAIN 05-05-08 A 14,15 CDB 5/2/2008 11:04 AM Page 2

May 5, 2008 CRAIN’S DETROIT BUSINESS Page 15 oject presents its challenges

higher molecular weight than wa- With a clever twist on landfill E 9 Bad soil L ter, so it sinks,” he said. “It can get redevelopment, Opus is redevelop- O into fractures in the bedrock and ing the Sierra Point office park on A tricky brownfield project P sink down.” a landfill near San Francisco, doesn’t have to include chemical M

which harnesses the methane gas E or legal contaminants.

N 4 and uses it to power the building’s Luke Bonner, economic develop- T Subsurface conditions

utilities. ment manager for the city of Ster-

Brownfield projects on their ling Heights, said something as third or fourth life may not have 6 Dry cleaners simple as “bad soil” can make a been thoroughly cleaned, leaving cleanup much more expensive old basements, foundations and While there’s typically a dry than originally expected. piles of concrete under the ground. cleaner on every corner, in most “If it doesn’t compact right, “If you have communities there’s also a batch doesn’t have enough load-bearing 15 parcels of nasty chemicals lurking under- capacity, the soil can kill the prop- pieced together ground. erty,” he said. “In that case, you for a project, a “Dry cleaning solvent goes right have to put pylons into the ground lot of times through the concrete,” said Har- and it gets really expensive.” there were less. “Usually in a space that’s 400 buildings at one to 600 square feet, the top two or point on those 10 Unexploded ammunition three feet under the slab will be sites,” said Though a rare condition, the James Harless, screaming hot with solvent.” The problem, he said, is that the presence of unexploded bombs or Harless a senior consul- tant with Ply- solvents under the slab create va- ammunition is a real issue, Wack- mouth-based Soil and Materials Engi- pors that pollute the air for people erman said. Typically, the redevel- neers Inc. “So if there was a in the space if it is redeveloped. opment of former military facili- basement that was paved over, you ties brings up the issue of Envision-healthy-vibrant-livable- have to dig it out before you can 7 Gas stations unexploded materials, he said. build on it.” “Not only is it difficult to clean sustainable-welcoming-communities SME, for example, has to dig With the possibility of leaking up, you’re also risking personal in- underground tanks and the 80,000 cubic yards of soil for the jury,” said Wackerman. “This is a Now make them happen with University of Detroit Mercy’s Master of Mason Run project under con- spillage of gasoline on the ground Community Development degree. unique problem, so there also struction in Monroe. and into the soil, gas stations are aren’t that many people who know For Donna Murray, a community development executive with Charter One Bank playgrounds for toxic chemicals how to deal with it.” and a current MCD student, UDM’s Community Development program comple- said Harless. 5 Landfills Specialists are currently clean- ments her current knowledge as a community development practitioner. “Just like dry cleaners, you ing up the 59,000 acres of the for- It’s not just that there is a have vapors in the ground that can Says Murray,“My passion is making a difference in the community. I wanted to mer Lowry Bombing and Gunnery mountain of trash under the come back up through the surface broaden the knowledge and experience I have in my role at Charter One with an Range in Colorado, according to academic discipline. The MCD Program and the HOPE model, in particular, ground, but the and be harmful to humans, plus surface is un- U.S. Army Corps of Engineers expands community development perspectives beyond economic to include they’re volatile,” he said. “And if the . even, there are human, physical and organizational development. This program has filled in you’re going to build over the site, Schools, retail centers and resi- liability issues the gaps and allows me to be even more effective in my capacity with greater the tanks in the ground have to dential developments are all under and gases need impact in the community.” come out.” way on the site. to be constantly For information on the MCD Program and available scholarships, visit vented from the www.udmercy.edu/mcd or contact our Admissions office at 800-635-5020. site. 8 Mercury 11 A mix of contaminants Despite this, Even though schoolchildren When developers take on mas- landfills can of- were allowed to play with mercury sive redevelopment sites, consul- Dixon ten make great tants say it can sometimes bring We want great things for you. redevelopments, said Dan Young in 1950s science classes, it’s a nasty chemical to clean up. Making it the worst of all worlds. Dixon, director of design for Min- “With a large manufacturing tougher is that regulations crack neapolis-based Opus Corp. site, like an automotive plant, the down on the liquid. “They tend to be in great loca- scale of the job becomes an issue,” “It has such low acceptable con- tions, since they were built near said Harless. “The number and va- the urban cores and in prime loca- centrations that it’s tricky,” said riety of issues can be tough.” tions,” he said. Wackerman. The Shops at Atlas Park in New York has been awarded for tack- ling a variety of environmental is- sues. The land was used by an oil See us at the Transaction Forum company, a laundry and a special- ty plastics manufacturer. Despite We turn challenges Brownfields 2008 the issues, a $300 million retail project opened on the site in 2006. into opportunities 12 Angry residents With all the technology in the world, a redevelopment can be- come insurmountable when the surrounding community isn’t on board. David Lloyd, director of the of- fice of brownfields and land revi- talization in the U.S. Environmental Contamination backs down when ARCADIS is around. Protection Agency, said there’s nothing harder to see than the fi- Sure, contaminated property is a force to be reckoned with. But easily www.arcadis-us.com nancing for a cleanup fall apart. managed – given the correct approach. Rob Ferree “If a community isn’t involved, 28550 Cabot Drive, Suite 500 the process of reusing a site can be- The ARCADIS approach starts with an unprecedented vantage point. Novi, Michigan 48377 248.994.2244 come a lot more difficult,” Lloyd We stand our ground with patented technologies, GRiP® and $1 billion in [email protected] redeveloped property. We stake our claim on satisfied clients and 3-time said. *GRiP is ARCADIS’ trademarked guaranteed “Projects are a lot more success- winner of the Phoenix Award for excellence in brownfield redevelopment. remediation for one-price program.

ful when the developer can get the We see liabilities as assets and brownfield remediation as serious business. RFP now available - due June 1 support of the community.” Daniel Duggan: (313) 446-0414, Imagine the result Infrastructure, environment, facilities [email protected] DETROIT BUSINESS MAIN 05-05-08 A 16,17 CDB 5/2/2008 11:08 AM Page 1

Page 16 CRAIN’S DETROIT BUSINESS May 5, 2008

FOCUS:REAL ESTATE Diminished tax credits, tighter standards toughen funding search TESTING ENGINEERS & CONSULTANTS, INC. With you every step of the way… BY TOM HENDERSON its directly to the state Treasury CRAIN’S DETROIT BUSINESS for 85 cents on the dollar and eased WHERE TO FIND U Brownfield Redevelopment U Geotechnical Engineering eligibility for demolition costs. Like seemingly all things finan- The state also streamlined the ap- FUNDING HELP Assistance Site Prep Oversight U cial, funding for brownfield redevel- proval process for brownfield U Environmental Due U Construction Materials opment is in flux. Some big banks Incentives and credits Michigan work plans and sped up the time brownfield projects might qualify Diligence Testing that have traditionally been buyers for reimbursement on for include: U Pre-demolition Asbestos of tax credits are now losing money some preconstruc- R E D Tax increment financing Management and can’t use credits. And they D S E V tion costs. L E through a Brownfield aren’t funding deals, either. E L Locally, the I O Redevelopment Authority Banks that are lending have F uncertainty P to capture property and N 248-588-6200 tightened credit standards on all has been com- M school taxes to pay for

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www.testingengineers.com deals, making it all the more im- pounded by E cleanup-related costs, O

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portant to take advantage of every R

Ann Arbor, Detroit & Troy, Michigan the woes of T B

available tax credit and incentive, abatement.

A Certified WBE/DBB Cleveland-

Michigan Business Tax

say developers, bankers and

based National

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E R P brownfield development profes- City Corp., which O credits. sionals (See box, this page). has been a leading Obsolete Property The state of Michigan has player in brownfield Rehabilitation Act, which allows communities to freeze the taxable helped offset the credit crunch development in Southeast Michi- with recent initiatives that in- value for nonschool taxes for up to gan, both as a buyer and seller of 12 years. creased urban brownfield tax cred- tax credits from developers and as its from 12.5 percent to 20 percent, Michigan Department of a lender for their deals. Environmental Quality has allowed developers to sell cred- With losses in the hundreds of redevelopment grants and loans, millions of dollars in the past two available to local units of quarters, stemming from former government and funded by the Chairman David Daberko’s push Clean Michigan Initiative. into subprime mortgages, Nation- MDEQ Revitalization Revolving al City has no taxes to offset and is Loan Fund, for environmental more worried about fixing its bal- assessment and demolition. IT’S MORE THAN JUST THE LAW. ance sheet than making new real Renaissance Zones, which estate loans. abate most state and local taxes. An interview that had been Neighborhood Enterprise Zones, arranged with a specialist on which reduce taxes for new brownfield development in the residential housing and for some Troy headquarters of National rehabilitation of existing housing. City’s Michigan operations for this Fast Track Land Bank story was canceled by officials in Authorities, which can hold and acquire property and offer clear Cleveland. But according to fig- title for those returning ures provided by National City, underperforming properties to the bank has been involved in pro- productive use. jects worth hundreds of millions of Environmental Protection Agency dollars in recent years in South- brownfield assessment and east Michigan, including the Tech- cleanup grants. Town incubator associated with EPA brownfield cleanup revolving Wayne State University, the Mexican- grants. town Mercado and Welcome Center New Market Tax Credits against by the Ambassador Bridge and the federal income taxes. Book-Cadillac Hotel. Federal brownfield tax “NatCity has been fabulous for incentives. the Detroit area as far as helping EPA brownfield job training developers utilize various re- grants. sources for brownfield develop- U.S. Housing and Urban ment,” said Julie May, president of Development Brownfield Economic Southfield-based Integrated Tax Development Initiative. Strategies L.L.C., which helps devel- Historic tax credits. opers bundle and sell tax credits. Source: AKT Peerless Environmental “What company is going to step in Services and fill the role NatCity filled? We’ve had so many clients who gy is to focus on segments of the just loved NatCity. They played market where we could leverage such an important role.” our people and capital to have an Coincidentally, Key Bank’s par- impact. … In an environment like ent, Cleveland-based KeyCorp, was this, where people choose to look reported to be one of those inter- inward, we can look outward to ested in buying National City be- help clients solve problems.” Maximize Your Business Opportunities fore National “We’re seeing a lot of activity in City announced Southeast Michigan,” said Tom With Economic Development Incentives on April 21 that Walker, Key’s community develop- it was no longer ment lender and relationship man- for sale and was ager, who works at the Livonia of- raising $7 bil- fice. Of brownfield development, Opportunity abounds in the U.S. and Canada for those who know the lion in a stock he said, “It’s a good business and a right resources. &RPSHWLWLRQLVÀHUFHIRUHFRQRPLFGHYHORSPHQWDQG offering. Key is good place to get deals done. ” EXVLQHVVH[SDQVLRQ(YHU\VWDWHFRXQW\SURYLQFHDQGFRPPXQLW\LVY\LQJ aggressively Bruce Martin, senior vice presi- IRUQHZSURMHFWVPRUHMREVDQGWKHUHYHQXHWKH\JHQHUDWH6RUWLQJRXW seeking brown- dent of community development real estate at JPMorgan Chase, said WKHRSWLRQVNQRZLQJWKHUXOHVDQGPHHWLQJWKHFULWHULDFDQEHDFKDOOHQJH Koehler field deals, with :HҋYHDVVHPEOHGDGLYHUVHWHDPRIDWWRUQH\V³VSHFLDOL]LQJLQUHDOHVWDWH projects that activity has picked up at his bank, JRYHUQPHQWWD[HQYLURQPHQWDOODZFOLPDWHFKDQJHDQGPRUH³WREH\RXU bundle its buying of tax credits — too, as struggling lenders cut back. JXLGHWKURXJKWKHFRPSOH[PD]HRIWD[FUHGLWVDEDWHPHQWVVXEVLGLHV it is still a profitable bank — with “Chase is well-capitalized,” he H[HPSWLRQVDQGLQFHQWLYHVDQGWRKHOS\RXDFKLHYH\RXUEXVLQHVVJRDOV loans to developers. said. “We’re seeing longer looks at William Koehler, president of transactions in general. If other lenders aren’t lending, it provides MICHIGAN s ILLINOIS s MASSACHUSETTS s NEW YORK s FLORIDA s CANADA s POLAND Ann Arbor-based Key Bank’s Michigan district, said “the strate- See Financing, Page 17 DETROIT BUSINESS MAIN 05-05-08 A 16,17 CDB 5/1/2008 4:06 PM Page 2

May 5, 2008 CRAIN’S DETROIT BUSINESS Page 17

FOCUS:REAL ESTATE States take the lead to help creation of green brownfields

BY PATRICK ROLLENS ing field for developers interested side,” he said. “Now, a lot of busi- SPECIAL TO CRAIN’S DETROIT BUSINESS in brownfield redevelopment. At nesses have gotten their feet wet least 23 states around the and know how to do this. The in- Brownfield redevelop- R E D country offer some cremental cost is probably less ment counts green D S E V L E sort of tax credit for than 5 percent — and it’s often re- E L building as a close sib- I remediation pro- ported to be zero.” O ling in the environ- F P jects, according to During the LEED certification N mental business, but M the EPA. process, developers earn points for

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gle, authoritative re- N

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(Leadership in En- and strategies like mitigating

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E R P two concepts, according O ergy and Environ- storm-water runoff and restoring to experts. mental Design) rating green space can contribute addi- “It’s been my experience system have pulled together tional points. that one person’s in charge of the the best green building practices Developers seeking the happy brownfields program and one per- into a peer-reviewed system, but union of these two sustainable con- son’s in charge of the green build- specific initiatives aren’t yet in cepts must still wade through ing program,” said Steven Siros, a place to meld green building with brownfield paperwork — and then partner with Jenner & Block’s envi- brownfield redevelopment. Look devote more time and money to the ronmental law and energy practice for that to change in the future. green engineering process. group in Chicago. “A lot of urban development ob- Large projects seem to be the “I think that the concept of try- servers think that there are very trailblazers. For example, in Den- ing to link those two ideas together strong synergies between brown- ver, Cherokee Denver’s redevelop- is really interesting.” fields and green building and sus- ment of the Gates Rubber Factory Envision-healthy-vibrant-livable- In 2002, the Environmental Protec- tainable development,” said Evans is proceeding alongside the devel- tion Agency launched its Green Paull, a senior policy analyst at opment of a new light rail station, sustainable-welcoming-communities Buildings on Brownfields Initia- the Washington-based Northeast allowing the project to claim tive, a comprehensive look at the vi- Midwest Institute. “There’s a strong points for transit-oriented develop- Now make them happen with University of Detroit Mercy’s Master of ability and challenges of developing movement in the market in that di- ment on the LEED checklist. Community Development degree. green buildings atop brownfields. rection.” The Detroit-based Southeast The eight pilot participants Paull is moderating a panel at Michigan Council of Governments is For James Ribbron, a Detroit urban planner and 2008 MCD Program graduate, spanned a range of developments, Brownfields 2008 in Detroit. He creating a low-impact develop- UDM’s Community Development program met his needs and kept him including a mixed-use riverfront wrote a paper in March highlight- ment manual that blends concepts “current on a lot of new ideas in planning.” parcel in Toledo, Ohio, and an old ing the intersection of green and of sustainability, land stewardship “Having a Master of Community Development degree provides the opportunity power plant in St. Louis. Each pro- brown. He documented three large and brownfield redevelopment. to work on projects which are fulfilling and beneficial to the city,” explains ject received technical assistance urban brownfield projects under Amy Mangus, coordinator of Ribbron. “The MCD Program helped us look at our community, assess it from and consulting from the EPA. way in Atlanta, Colorado and environmental programs at SEM- every direction and devise new ways to compete in this global society.” EPA expects to launch a re- Ohio. In each situation, the devel- COG, said the organization is tak- vamped technical assistance pro- opments were seeking LEED certi- ing pointers from Minnesota and For information on the MCD Program and available scholarships, visit gram for green brownfields this fication from the green building New Jersey, two states that have www.udmercy.edu/mcd or contact our Admissions office at 800-635-5020. summer. In the absence of an over- council — a feat Paull attributes to produced similar green develop- arching set of guidelines, however, a fast-growing knowledge base. ment guidelines. Low-impact de- states have forged ahead with “Conventional wisdom four or five velopment involves sustainable their own strategies. One common- years ago was that doing green planning practices like storm-wa- We want great things for you. ly used tool is tax-increment fi- buildings involved a fairly incre- ter management and revegeta- nancing, intended to level the play- mental difference on the cost tion.

Financing: Standards tougher ■ From Page 16 GEOTECHNICAL more opportunity for us.” Lithuanian Hall and the Vernor Scot- They’re still tough deals, but with Said Ron Hodess, leader of the ten Apartments in southwest De- the changes in incentives, if you’re ENVIRONMENTAL real estate practice group for Miller troit. up to the challenge, brownfield is a WE HELP TURN Canfield: “There William Lichwalla, president good place to be.” CONSTRUCTION are other buyers and CEO of Southfield-based Plante Michael Kulka, president of of tax credits & Moran Cresa L.L.C., a real estate Hazel Park-based PM Environmental ENGINEERING out there. Bank services company, said that while Inc., which does due diligence on BROWNFIELDS of America is a the tightening of capital markets is brownfield sites for prospective buyer of credits, affecting brownfield development, lenders, said developers on large and they’re com- “Michigan has made a fairly ag- brownfield deals, in the $50 million ing into the mar- gressive effort that is having a sig- to $100 million range, “are having TO GREEN ket.” nificant impact on countering a heck of a time. They need banks “We can put a tightening credit standards.” pooling money, and no one is. On Hodess great package The impact of changes in state smaller deals, the volume is G2's engineers and environmental consultants have the expertise together, but law means that for some develop- healthy.” and experience required to move your project from a possibility to bank financing is still difficult,” ers who are financially stretched, PM is doing a brownfield devel- occupancy. said Corey Leon, director in the “brownfield credits may be the dif- opment for its own new headquar- Detroit office of Saginaw-based ference in doing a deal or not. If it’s ters in Berkley, and Kulka said the AKT Peerless Environmental Services. a greenfield, you might not be able $80,000 it will get in tax credits Troy, MI: 248.680.0400 His specialty is advising cus- to do it,” he said. made the project doable. Brighton, MI: 810.224.4330 tomers on project feasibility and Those changes “made it easier “I knew it was a contaminated Chicago, IL: 847.353.8740 whether leveraging tax credits and to do a brownfield deal,” said site before I bought it,” he said. other incentives will make a devel- Hodess. “Brownfield deals are al- “Credits make it work. We’ll apply www.g2consultinggroup.com opment profitable. Projects in- ways more difficult to put togeth- the credit to our own liability. clude the Fort Shelby Hotel, the Whit- er, because they typically have That’s real dollars in my pocket.” tier Hotel, and, on behalf of multiple layers of financing and Tom Henderson: (313) 446-0337, Southwest Housing Solutions, the multiple layers of incentives. [email protected] UNEARTHING POSSIBILITIES DETROIT BUSINESS MAIN 05-05-08 A 18,19 CDB 5/1/2008 4:07 PM Page 1

Page 18 CRAIN’S DETROIT BUSINESS May 5, 2008

FOCUS:REAL ESTATE Midwest states among leaders in redevelopment

BY MARTI BENEDETTI Tom Darden, CEO of Raleigh, Michigan Department of Environmen- SPECIAL TO CRAIN’S DETROIT BUSINESS N.C.-based Cherokee Investment Part- tal Quality environmental steward- BROWNFIELD BRIGHT SPOTS ners L.L.C., a private-equity compa- ship grants and loans unit in Lans- The creative approaches by Mid- ny that has invested in more than ing, said Michigan is recognized as Detroit can stake claim western states to completing suc- 500 brownfields since 1990, said pro- a leader in brownfield remedia- to brownfield success stories in the works or cessful brownfield redevelopment jects need to make sound eco- tion, but such a claim is difficult to recently completed. projects have made them nomic sense but have an document since each state mea- R E D ■ Several miles of models for the rest of the D S E V additional benefit of sures success differently. country, according to L E waterfront have been E L community service. “Right now we are hurt by our I transformed into the O brownfield redevelop- F “For brownfield economy,” she said. But the state P RiverWalk as a ment leaders. N has several laws in place that M development to be brownfield

“These states have W

E successful, it will make remediating contaminated redevelopment by the O

a very diverse and N have to be done on a land more palatable. One of those Detroit Riverfront R

rich set of offerings to T

B is a liability law instituted in 1996 Conservancy.

for-profit basis or

address brownfield is- ■

whereby the purchaser of contami- Bettis/Betters

you can’t raise capi-

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sues,” said Charlie T Development L.L.C. of E nated property is only liable for R P O tal,” he said. “But I Bartsch, senior fellow at Pittsburgh recently DOWNTOWN DETROIT PARTNERSHIP think the underlying ac- cleanup of a site if they “made the ICF International, a Washing- received a three-year Downtown Detroit’s RiverWalk. tivity is a public service.” mess,” said the EPA’s Dufficy. ton-based consulting company. Erickson is proud of the state’s extension for cleanup on Dufficy said the future of brown- the old Uniroyal plant site near Trust for Historic Preservation for 20 Joe Dufficy, chief of the brown- Brownfield Revolving Loan Pro- percent tax credits on restoration field redevelopment is dependent Belle Isle because complex field section for the Environmental gram, which allows municipalities work because the building’s 1951 on what restrictions are placed on negotiations on cleanup costs and Protection Agency’s Region 5, said to borrow $1 million a year for 15 state reviews have caused delays. portion was designed by renowned that Illinois and Minnesota had leg- existing growth patterns. years, providing $15 million in Plans call for the site — leveled architect Minoru Yamasaki. islation in place for brownfield “If energy and water become very funding for redevelopment. The and dormant for more than 20 “Now is an exciting time to be part of cleanup as early as 1987. It wasn’t dear, you will see more investment developer gets the first five years years — to include apartments, brownfield redevelopment,” said Doug Brown, marketing director of until 1995 that the EPA made its in brownfield sites. There has to be of the loan interest-free and pays 2 town houses, stores and cafés. ■ ASTI Environmental in Brighton. first big push to provide money for some awareness that you can’t have percent interest for the next 10 Phoenix-based developer Michael Finn recently bought the “Private capital follows public brownfield redevelopment. sustainable growth if you are leav- years. The state gets the money incentives. Every time acreage is He said Region 5 (which includes back over time and can use it for Federal Reserve Building in ing parcels to fester.” redeveloped it increases the Michigan, Indiana, Illinois, Min- other brownfield projects. downtown Detroit with hopes of Here’s a review of some Midwest converting it to market-rate assessed taxable value.” nesota, Ohio and Wisconsin) is She said her office and its coun- states with redevelopment success- apartments. A deal broker for his Brown, as co-director, is among ahead of the federal government in terpart — the Michigan Economic es and their brownfield strategies: firm, Summit Properties, was those behind Detroit’s hosting role addressing brownfield issues. Pro- Development Corp. — are looking Rebecca Binno Savage of the Detroit this week of the Brownfields 2008 jects in these states get done by piec- forward to showing some of Michi- office of environmental testing and national conference at Cobo Center. ing together a variety of state and Michigan gan’s initiatives and best cleanup remediation firm AKT Peerless. She See www.brownfields2008.org federal programs. Susan Erickson, chief of the See Midwest, Page 19 successfully petitioned the National — Maureen McDonald

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May 5, 2008 CRAIN’S DETROIT BUSINESS Page 19

Midwest: States among the leaders in Brownfield redevelopment ■ From Page 18 projects at the Brownfields 2008 planned $2 billion in private and previously used as a freight depot. more than $30 million in financial property in 2007 and invested more convention in Detroit. The confer- public investment upon project It will be redeveloped into condo- assistance through grants and than $4 million in demolition and ence starts today. completions, according to Kelly miniums. loans, according to the Indiana Fi- cleanup, with the state providing Among the successful Michigan Schlissberg, news bureau manager, nance Authority. $1 million in brownfield grants project case studies is Grand Land- communications and marketing of- Indiana One of its most high-profile rede- and incentives. Now it is being re- ing in Grand Haven on the state’s fice, Ohio Department of Development. velopments is the former Ertel Man- developed by Major Tool and Ma- west side. Formerly an industrial, Among these projects is a site in The Indiana Brownfields Pro- ufacturing Corp. site in Indianapo- chine Co., which is investing $19 mixed-use site of about 20 acres, it Columbus where oil cloth, war ma- gram, managed by the Indiana Fi- lis. It was a large foundry and million to expand and create 53 now houses $22 million of invest- terials and vinyl fabric products nance Authority, works in partner- automotive parts manufacturing high-tech jobs while retaining 200 ment that includes luxury and loft- ship with the EPA and state style condominiums and retail. were produced that is being rede- plant. It was sold to Dyna Gear North jobs. The plant will double Major Town houses with additional re- veloped into a 500-unit residential agencies to help communities with America in 1998 and closed in 2002, Tool’s manufacturing capacity tail are being built along the wa- community. In Sandusky, a $3 mil- redevelopments. leaving behind equipment, liquids and house the manufacturing of terfront, according to city officials. lion grant is bringing new life to a From its inception in 1997 until and contaminants. The city, made steel centrifuge casings for the A hotel and convention center and section of Lake Erie waterfront 2007, the program has provided aware of the hazards, bought the Ohio-based nuclear industry. other attractions are also planned. Steve Willobee, senior project professional for Detroit-based NTH Consultants, a brownfield remedia- tion company, said tax incentives are crucial for such projects to happen. One NTH project was a site on the Detroit River formerly occupied by a concrete silo. De- troit developer Dave Bing, along with partners, is marketing the property called the Watermark, which will include luxury condo- miniums and other amenities. Illinois Steve Colantino, manager of the Illinois EPA’s office of brownfields assistance in Springfield, said the state has fine-tuned its brownfield resources. The results are seen in brownfield redevelopments in- cluding Commuter’s Plaza Shopping Center in Palatine, a suburb of Chicago, and Retain the Rain, a na- ture area in Rock Island. The Palatine project consisted of four privately held commercial properties in the downtown area. One of the properties, Commuter’s Plaza Shopping Center, was the site of a former dry cleaning center that was dormant for years. Now it has been transformed into Gateway Center, a parking, office and retail center. The city of Rock Island received $240,000 in an Illinois Municipal Brownfield Redevelopment Grant EP728 EP910 EP7150 TX800 to conduct environmental investi- Portable Series Professional Series Micro Series Portable Series gations at 10 sites totaling 12.5 acres. Midway Oil, on one of the sites, was a former fueling station At AVI-SPL, we carry the high-quality, cutting-edge audio video and bulk-petroleum storage facili- ty. It contained several above- equipment you need to enhance communication and improve ground storage tanks. It took seven years for Rock Is- productivity. With more than 40 years of experience and the land to turn the blighted industrial latest technologies, like our award-winning line of Optoma video properties on the Mississippi Riv- er into Retain the Rain, which in- projectors, we can help you make a statement before saying a corporates native plantings, Thursday, May 29 8:00am – 4:30pm porous paving and other initia- Find out more at avispl.com/events/ single word. tives to teach the public about the reduction of storm water runoff. Ohio Whether it’s your boardroom, conference room or training facilities, Ohio has yet another way to get look to AVI-SPL for integrated audio video solutions that will brownfield development projects done. The Ohio Department of Devel- capture your audience’s imagination and streamline the exchange opment is responsible for support- ing the legislated Clean Ohio Coun- of information. cil. The council was created to select projects, through a competi- tive process, that will receive 248.669.4286 • www.avispl.com grants and low-interest loans from the Clean Ohio Fund. 2605 East Oakley Park Rd. The council has awarded 64 Clean Ohio Revitalization Fund Walled Lake, MI 48390 awards since 2002, totaling more than $158 million in brownfield re- mediation funds, while leveraging a DETROIT BUSINESS MAIN 05-05-08 A 20 CDB 5/1/2008 4:09 PM Page 1

Page 20 CRAIN’S DETROIT BUSINESS May 5, 2008

CRAIN'S LIST: LARGEST COMMERCIAL AND INDUSTRIAL BROKERS Ranked by sales and leases

Number of Company Total sq. ft. Total sq. ft. Total sq. ft. Total lease/ Total lease/ agents Address sold or leased/ leased/ sales sales transaction locally/ Phone; Web site leased sold sold transactions volume nationwide Rank Top executive 2007 2007 2006 2007 2007 January 2008 Top deals CB Richard Ellis Inc. 38,266,771 19,795,654 13,698,452 528 $944,219,047 46 Sales: Baluster Park; Liberty Property Portfolio; Waco, 2000 Town Center, Suite 500, Southfield 48075 18,471,117 22,881,761 134 $1,093,688,228 3,000 Texas, Apartment; Kalamazoo, Apartment; Troy, Office 1. (248) 353-5400; www.cbre.com Michael Gerard, managing director

Signature Associates, A Cushman & Wakefield 36,033,735 16,429,439 19,405,270 686 465,962,245 81 Leases: 24450 Glendale, Redford, 393,940 sq. ft.; 4400 Alliance Member 19,604,296 13,514,934 294 681,734,552 1,950 Purks, Auburn Hills, 157,100 sq. ft. Sales: 325 N. Old 2. 1Towne Square, Suite 1200, Southfield 48076 Woodward, Birmingham, 101,000 sq. ft.; 2705 Commerce (248) 948-9000; www.signatureassociates.com Parkway, Auburn Hills, 172,000 sq. ft.; Kensington Steven Gordon, president Portfolio, Metro Detroit, 400,000 sq. ft. Marcus & Millichap Real Estate 15,255,302 0 0 0 0 39 Sales: Enterprise Automotive Systems, Warren; BAE, Investment Services 15,255,302 14,725,805 287 1,613,629,947 1,300 Auburn Hills; Westwind Lake Village Shopping Center, 3. 28411 Northwestern Highway, Suite 750, Southfield 48034 West Bloomfield; Cooper Standard Automotive (248) 415-2600; www.marcusmillichap.com Headquarters, Auburn Hills; Michigan Industrial Portfolio, Steve Chaben, first vice president, regional manager Madison Heights L. Mason Capitani TCN Worldwide 11,434,972 5,224,249 4,826,097 656 149,556,396 21 Leases: Valeo Research Center, Troy, 103,253 sq. ft.; 5775 2301 W. Big Beaver Road, Suite 625, Troy 48084-3329 6,210,723 5,737,388 239 329,971,566 1,335 10 Mile, Warren, 100,000 sq. ft. Sales: Delphi Technical 4. (248) 637-9700; www.Lmcap.com Center, Auburn Hills, 437,000 sq. ft.; 5775 10 Mile, Mason L. Capitani and Jason Capitani, executive vice presidents Warren, 100,000 sq. ft.; 3271 Five Points Drive, Auburn Hills, 36,000 sq. ft. Friedman Real Estate Group Inc. 9,449,843 2,407,722 2,222,334 313 130,244,317 31 Leases: LMS North America, 5755 New King, Troy; 34975 W. 12 Mile Road, Farmington Hills 48331 7,042,121 4,182,044 72 126,304,676 28 Quicken Loans, 27555 Farmington Road; Siemens Product 5. (248) 324-2000; www.friedmanrealestate.com Lifecycle Management, 5555 New King, Troy Sales: David Friedman, CEO and president International Place Apartments; 23849 West Road

Grubb & Ellis Co. B 9,143,500 5,027,763 5,020,966 315 158,225,637 28 Leases: 3000 University, Auburn Hills; 31758 Enterprise 26555 Evergreen, Suite 500, Southfield 48076 4,115,737 3,992,210 86 207,656,530 1,844 Dr., Building 7, Livonia. Sales: 3000 University Auburn 6. (248) 350-9500; www.grubb-ellis.com Hills; 500 Centerpoint Parkway N., Pontiac; 1801 Fred Liesveld, executive vice president and managing director Jefferson, Detroit.

Colliers International 7,531,364 5,269,784 6,471,262 341 231,059,243 41 Leases: Amcor Pet Packaging, Wythville, Va.; Helicon 2 Corporate Drive, Suite 300, Southfield 48076 2,261,580 3,922,752 85 81,021,407 1,807 Therapeutics, San Diego, Calif.; Rosenau Powersprots Inc., 7. (248) 540-1000; www.colliers.com/detroit Dearborn Heights; Dura of Mexico, Matamoros, Mexico Leo Tosto and Cameron McCausland, managing partner, Sales: Thomas M. Cooley Law School, Auburn Hills director and director of brokerage services UGL Equis Corp. 4,095,422 3,751,298 1,046,554 76 241,329,691 8 Leases: DaimlerChrysler Financial, 153,909 sq. ft.; 28411 Northwestern Highway, Suite 1250, Southfield 48034 344,124 1,543,773 1 565,000 184 Champion Enterprises, 38,799 sq. ft.; H&K Norwood, 8. (248) 354-4470; www.ugl-equis.com 31,176 sq. ft.; Capmark, 6,050 sq. ft.; Leukimia & Brian Piergentili, executive vice president Lymphoma Society, 4,586 sq. ft.

NAI Farbman 3,707,141 1,283,462 2,520,000 232 263,131,793 23 NA 28400 Northwestern Highway, fourth floor, Southfield 48034 2,423,679 3,000,000 26 173,529,793 NA 9. (248) 353-0500; www.farbman.com Andrew Farbman, CEO and co-president

Hendricks & Partners 3,621,332 0 0 0 0 13 Sales: Riverfront Towers; The Crossings at Canton; 1025 E. Maple Road, Suite 200, Birmingham 48009 3,621,332 4,385,565 15 196,374,000 100 Pickwick Park/Westminster Park; Beachwood; Peninsular 10. (248) 646-7701; www.hendrickspartners.com Place Paul Dietz, partner

Income Property Organization 1,962,400 0 0 NA NA 6 Sales: Castleway, 224 units, Saginaw; Leslie Towers, 171 6421 Inkster Road, Suite 200, Bloomfield Hills 48301 1,962,400 1,743,700 22 87,760,005 6 units, Southfield; Town Apartments, 260 units, Detroit; 11. (248) 932-0300; www.incomepropertyorganization.com Dover Place Apartments, 162 units, Ypsilanti; Holly Gregory Coulter, managing member Manor Apartments, 121 units, Holly

Swisher Commercial 1,370,103 654,948 953,622 118 18,000,000 14 Sales: 2716 Baker, Dexter; 4343 Concourse, Ann Arbor; 208 E. Washington St., Ann Arbor 48104 715,155 466,026 41 29,500,000 14 720 Industrial, Chelsea Leases: 260 Metty, Ann Arbor; 699 12. (734) 663-0501; www.swishercommercial.com James L. Hart Parkway, Ypsilanti Dave Hamilton, CEO

The Staubach Co., Great Lakes Region 1,304,521 1,290,175 431,890 111 79,474,451 4 Leases: State of Michigan, multiple locations; ABX 3000 Town Center, Suite 2222, Southfield 48075 14,346 9,665 1 1,700,000 1,625 Logistics, 121,480 sq. ft.; Lagasse, 52,924 sq. ft.; 13. (248) 356-5600; www.staubach.com Patterson, 52,280 sq. ft; Christian Tabernacle, 45,271 sq. George Elliot, managing principal, Great Lakes Region ft.

GVA Detroit 1,244,000 794,000 1,975,000 78 25,300,000 NA Leases: Visiting Nurse Association; Sika Corp.; Universal 26100 American Drive, Suite 600, Southfield 48034 450,000 275,000 15 5,300,000 875 Watch and Jewelry Sales: Urban Campus Communities 14. (248) 262-8000; www.gvadetroit.com (Wayne State University); Dover Corp. Michael Ziecik, president

Burger Easton & Co. 922,910 547,311 759,196 62 9,241,600 9 Sales: 60,500 sq. ft, Detroit; 30,000 sq. ft., 4 acres, Taylor; 24701 Halsted Road, Farmington Hills 48335 375,599 266,362 23 14,648,850 NA 19,000 sq. ft., 10 acres, Romulus; 26,000 sq. ft., 12 acres, 15. (248) 615-6000; www.burgereaston.com Taylor; 42,000 sq. ft., 4 acres, Warren Paul Burger, president

CORE Partners 497,356 414,680 166,496 76 NA 13 Sales: 1441 E. Maple Road, Troy; 2300 Genoa Business 26622 Woodward Ave., Suite 250, Royal Oak 48067 82,676 77,591 3 NA 13 Park. Leases: Butterfield Office Center, Troy; 23400 16. (248) 399-9999; www.corepartners.net Michigan Ave., Dearborn; 535 Griswold, Detroit Matthew Farrell and Eric Banks, executive principal, partners

Transwestern 382,800 378,040 210,140 31 39,553,577 3 Leases: Thomson-Medstat, 143,523 sq. ft.; Delphi, 32255 Northwestern Highway, Suite 206 4,760 312,000 1 346,400 274 107,152 sq. ft.; Reliance Software, 20,620 sq. ft.; Midwest 17. Farmington Hills 48334 Reemployment, 25,652 sq, ft.; Brazen, Kennelly et al, (248) 932-2840; transwestern.net 7,719 sq. ft. William Harvey IV, senior vice president The Hayman Co. 299,897 299,897 263,008 58 NA 7 Leases: Recaro; SDE business partnership; Hickey, Cian 5700 Crooks Road, Suite 400, Troy 48098-2809 0 50,000 NA NA 7 Ciolo et al; TKS Industrial; Intell Costing L.L.C. 18. (248) 879-7777; www.haymancompany.com Stephen Hayman, president

Pankhurst Properties Inc. 248,516 248,516 303,297 40 38,097,503 2 Leases: Stout Risius Ross, 37,530 sq. ft.; New York Life, 2000 Town Center, Suite 350, Southfield 48075 0 0 0 0 2 18,543 sq. ft.; CB Richard Ellis, 24,628 sq. ft.; Clayton & 19. (248) 350-2222; www.southfieldtowncenter.com McKervey, 14,360 sq. ft.; Wells Fargo, 11,024 sq. ft. William Pankhurst, partner and president

This list of leading commercial and industrial brokers is an approximate compilation of the largest such brokers in Wayne, Oakland, Macomb, Washtenaw and Livingston counties. It is not a complete listing but the most comprehensive available. Information was provided by the brokers. B Merged with NNN Realty Advisors December 2007. LIST RESEARCHED BY ANNE MARKS AND JOANNE SCHARICH DBpageAD.qxd 4/30/2008 3:07 PM Page 1

Thanks to you, our reputation for excellence continues to build.

Together, we have continued to build on the ever-growing REDICO legacy of success in development, design/construction, & property management …and create an award-winning level of satisfaction among our mutual tenant customers.

CB Richard Ellis Ludwig & Seeley Colliers International McNabnay & Associates CORE Partners Newmark Knight Frank Fisher Commercial Properties Plante Moran CRESA Friedman Real Estate Group Signature Associates GH Real Estate Advisors Source Real Estate and Investment Company Grubb & Ellis Stokas Realty Advisors GVA Strategis Studley Howard Schwartz Commercial Real Estate The Bieri Company L. Mason Capitani The Hayman Company LaKritz-Weber & Company The Staubach Company Landmark Commercial Real Estate Whitehall Real Estate Interests Lormax Properties

248 827 1700 PROUD RECIPIENT OF THE 2006 & 2007 CEL NATIONAL REAL ESTATE “A LIST” AWARD FOR SERVICE EXCELLENCE

www.redico.com DETROIT BUSINESS MAIN 05-05-08 A 22 CDB 5/1/2008 4:10 PM Page 1

Page 22 CRAIN’S DETROIT BUSINESS May 5, 2008

CRAIN'S LIST: CRAIN'S LARGEST BUSINESS PARKS Ranked by total acres

Total Property name Owner Property manager acres Number of Rank city, zip code Phone Phone 2008 occupants Occupants Oakland Technology Park multiple multiple 1,100 NA Chrysler L.L.C., Plante & Moran P.L.L.C., Marposs Corp., 1. Auburn Hills 48326 Fanuc Robotics, Champion Enterprises Inc.

MetroWest Technology Park DeMattia Group DeMattia Group 609 24 Johnson Controls, AVL North America, LedCo, Metaldyne Plymouth Township 48170 (734) 453-2000 (734) 453-2000 Corp., Freudenberg-NOK, SBC, Koyo Machinery USA Inc., 2. Dow Corning

Brownstown Business Center Ashley Capital Ashley Capital 432 17 Chrysler L.L.C., Ford Motor Co., TDS/US Inc., International Brownstown Township 48183 (734) 957-1000 (734) 957-1000 Paper, Reviva, Butcher Engineering Enterprise, NWS 3. Michigan, BBi Enterprises Group, Detroit Edison Co., Transfreight, C-Mac Transportation, Menlo Logistics, Bekins, RCI, Solutia, Lear, TNT Logistics Haggerty Corridor Corporate Park Northern Equities Group Northern Equities Group 400 50 Magna International, Paychex Inc., Omron Automotive, Novi 48377 (248) 848-6400 (248) 848-6400 Trinity Health, Citizens Bank, FCI Corp., Asmo, NGK 4. Ceramics, Ryder Integrated Logistics, Henry Ford Health System, The Art Institute of Michigan Redies-Shelton-Sauk Trail Industrial Parks multiple City of Saline 383 NA Liebherr, Davco, Stucchi's, McNaughton-Gunn, Ann Arbor Saline 48176 (734) 429-4907 Plastics, Renosol Corp., Associated Spring, JAC Products, 5. Condat Corp., Scherer and Trier, ThyssenKrupp N.A.

Crossroads Distribution Center Ashley Capital Ashley Capital 359 12 Accuflex Industrial Hose, AEL SPAN, Exel, Parcel Direct, Van Buren Township 48111 (734) 957-1000 (734) 957-1000 Steelcase, ABX Logistics, Exel, UPS, Lagasse Brothers, F.X. 6. Coughlin, Shaw Industries, AD Transport Express

Centerpoint Business Park Etkin Equities Etkin Equities 350 30 General Motors Pontiac East Assembly; Pontiac Centerpoint Pontiac 48341 (248) 358-0800 (248) 335-7755 Campus-Central, West, East and North; General Motors University; Edcor Data Services; RCO Engineering; JAC 7. Products; Sandvik Coromant; Hubbell Roth & Clark; Ibiquity Digital; Edscha; Acro/Intier; Irvin Automotive; Solutia; Isuzu; Kindercare; Marriott Courtyard & Residence Inn MetroWest Industrial Park DeMattia Group DeMattia Group 335 100 Progessive Insurance, DeMattia Group, Karmann USA Inc., Plymouth 48170 (734) 453-2000 (734) 453-2000 Frito-Lay, McLane Foodservice Inc., Lear Corp., Comau, 8. Awtec, Broder Bros., TriStar Fire Protection, Edy's

Farmington Hills Freeway Industrial Park multiple multiple 275 NA TRW, White Castle Distribution, Kraft Foods, Tachi-S Farmington Hills 48335 Engineering, Electro-Matic Products, Grace & Wild, Aco 9. Hardware headquarters and warehouse, Grace & Wild Inc.

McPherson Industrial Park multiple multiple 239 NA Ogihara, Pepsi, Key Plastics 10. Howell 48843

TransWest Industrial Center DeMattia Group DeMattia Group 223 15 Anheuser-Busch, Blue Water Automotive Systems, Ideal 11. Howell 48843 (734) 453-2000 (734) 453-2000 Steel, Data Pak Services, Carcoustics

Quadrants Industrial Research Centre Quadrants Inc. Quadrants Inc. 200 NA Mohawk Carpet, The Express Group, Lord Corp., M.C. 12. New Hudson 48165 (248) 960-3900 (248) 960-3900 Carbide, A&M Label, Decanter Imports, Kawasaki Robotics

North Bay Park of Industry multiple multiple 200 NA Unova, Huron Precision Parts, Detroit Newspapers, TI Chesterfield Township 48051 Automotive, Sentry Fastener Inc., Constitution Mold and 12. Engineering

Cherry Creek Corporate Park Shelby Industrial Investors L.L.C. Grubb & Ellis 200 18 Delphi, Magna, Crown Enterprises, Randazzo Heating & Shelby Township 48315 (248) 644-7600 (248) 350-9500 Cooling, Eagle Manufacturing, Wal-Mart, Avon Gear, 12. National City, Discount Tire, Hampton Inn, Starbucks anchored strip center 23 Square R.C. Schmidt & Sons R.C. Schmidt & Sons 200 10 Henry Ford Hospital, Trans Nav, St. Clair Plastics, Anchor Chesterfield Township 48051 (586) 949-2000 (586) 949-2000 Bay Packaging, International Star, R.C. Schmidt & Sons, 12. Young Supply, Chesterfield Township Water & Sewer Department, M.J. Foley Co., The Sports Academy Washtenaw Business Park DeMattia Group DeMattia Group 190 21 General Dynamics, Flint Ink, Washtenaw Community Ypsilanti Township 48197 (734) 453-2000 (734) 453-2000 College, Washtenaw Retail Center Leo's Coney Island, 16. Powerhouse Gym, Profiles Hair Salon, Wireless Zone

I-94 Industrial Park, Phase 1 Detroit Economic Growth Corp. Detroit Economic Growth 189 4 Exel Logistics, Dynecol Inc., Liberty Burnishing, Monarch Detroit 48211 (313) 963-2940 Corp. Steel 17. (313) 963-2940

Chesterfield Towne Center Argagona Properties, Carlo Cos., GTR NA 180 NA NA 18. Chesterfield Township 48047 Builders

Pinnacle Corporate Center multiple multiple 170 NA Grupo Antolin, Jabil Circuit Inc. 19. Auburn Hills 48326

Avis Farms Research & Business Park multiple multiple 165 15 Medstat, TetraTech, Atwell-Hicks, Fedral-Mogul, CFI, Ann Arbor 48108 Genecodes, Fry Inc., Analytical Design Service Corp., LCC 20. International Inc., Novastar Home Mortgage

Orchard Hill Place Office & Research multiple multiple 165 NA Cooper Standard Automotive Group, American Tower Inc., Novi 48375 Ascential Software, FM Global, Nagase Plastics America 20. Corp., Sirisoft Inc., Sake Space System Inc., International Transmission Co., Trinity Continuing Care Services, FedEx Corp. Haggerty/I-275 Industrial Park DeMattia Group DeMattia Group 160 10 Ricardo North America, Graybar, Coca-Cola, Daikin Clutch 22. Van Buren Twp. 48111 (734) 453-2000 (734) 453-2000

Avis Farms South Avis Farms South L.L.C B Asset Property Management 157 1 Citibank 23. Ann Arbor 48108 (248) 262-2000 (248) 262-2000

Beck North Corporate Park Amson Dembs Development Inc. Amson Dembs Development 150 16 Accurate Technologies, The Detroit News, FiberClass, ADI, 24. Novi 48377 (248) 380-7100 Inc. Sun Tech, Trek, Adept Plastics, KraussMaffei: Adept (248) 380-7100 Plastic:Majic Windows headquarters

MetroNorth Technology Park DeMattia Group DeMattia Group 150 25 Autoliv North America, JML Facilities, Delta Tooling Co., 25. Auburn Hills 48326 (734) 453-2000 (734) 453-2000 Inalfa Roof Systems USA, Jabil Circuit Inc., Dow Automotive

This list of business parks is an approximate compilation of the largest such properties in Wayne, Oakland. Macomb, Washtenaw and Livingston counties. It is not a complete listing but the most comprehensive available. Information was provided by the Michigan Economic Development Corp., CoStar Realty Information Inc., county planning departments, developers, leasing agents and property managers. B Citibank owns the 30.2 acre parcel its building is on. The rest of the park is undeveloped. LIST RESEARCHED BY ANNE MARKS AND JOANNE SCHARICH DETROIT BUSINESS MAIN 05-05-08 A 23 CDB 5/1/2008 4:16 PM Page 1

May 5, 2008 CRAIN’S DETROIT BUSINESS Page 23

MIXED MEDIA

‘Work hard,

business ‘Crawl’ spotlights art galleries, Page 27. play hard’

Phil Incarnati CEO McLaren Health Care Corp. When you’re the CEO of a ma- Homemade jor health care corporation with 24/7 operations, there isn’t much time for leisure. But Phil Incarnati, of Flint-based McLaren Health Care Corp., said he’s a “work hard, play hard” kind of music guy. When it comes to work, Incar- Software lets musicians create at home, nati reads The Wall Street Jour- nal, Corporate Governance, Crain’s and its sister publica- forces studios to adapt tion, Modern Healthcare. He lis- tens to WJR 760 AM. GORDON STUDER/ISPOT.COM BY KELLI KAVANAUGH When it comes to play, the De- SPECIAL TO CRAIN’S DETROIT BUSINESS troit native is as adventurous as GETTING THE GEAR his favorite movie character, In- So you want to pretend to be Phil Spector in f the thought of a recording studio conjures up an image of a sterile diana Jones. Incarnati enjoys your basement? Here’s a list of studio basics sound room and a nervous musician sweating a tight deadline, you fishing, boating and playing with estimated costs. golf; and he can’t would not necessarily be wrong. But as recording software and equip- wait to see “Indi- Hardware and software I ment become more and more available to the layperson, studios have ana Jones and the You need a fast computer with a lot of memory. had to adapt. Kingdom of Experts recommend a 3 GHz processor Some have done so by creating a warmer envi- the Crystal with 3-4 GHz of RAM — Macs are a safe Skull,” which bet. ronment for bands. Call it the home office for the hits theaters Pro Tools is a studio standard that, unlike musically inclined. most other digital audio applications, this month. Chris Koltay runs High Bias Recording Studio in a The first integrates hardware and software. You can record and edit with Pro Tools. Price: two-story Corktown building that used to be a Indiana $250-$2,200. Jones flick party store — the Squirt sign still juts out of its fa- Logic Pro is an Apple application that came out in records and edits and is also a cade. Inside he has carved out a recording studio the 1980s, sequencer. It can only be operated on with gear galore — and created a homey environ- which is In- Macs. Price: $500. ment. It makes sense because Koltay also lives carnati’s GarageBand is a stripped-down version of NEWSCOM preferred Logic Pro that comes standard on all there. music era. “I’m fairly progres- Macs. “I’m trying to make my place feel more like a sive, but I can’t say I like hip- Ableton Live is geared toward electronic home,” he says. “A place where bands feel like hop,” he said. “It’s probably not music producers and disc jockeys they can do whatever they want, lots of instru- even called hip-hop anymore. because it allows users to loop and I’m more of a ’70s, ’80s guy.” sequence live music. Price: $500. ments and couches.” Equipment With GarageBand recording software coming Sports fan in a sports town An audio interface is an external sound standard on every Mac, and online forums provid- If Incarnati isn’t using his card for the computer. It’s used to BlackBerry to read through the produce a higher sound quality. Price: ing an outlet for questions and a way to connect more than 100 e-mails he re- $100-$400. with expertise, Koltay is up against a growing Invest in at least one good microphone. ceives a day, he might check out number of tinkerers who decide to make a record some sports-related Web sites. Bands will need more than one. Price: $100- NATHAN SKID/CRAIN’S $250. Chris Koltay runs High Bias in the comfort of their own home. What’s the moti- “I’m an avid Lions fan, I’m Recording Studio in sorry to say. The Wings, the Studio monitors are speakers designed for a Corktown. Home tinkerers are vation? Control over how your music sounds and recording studio. Price: $300-$500 for a pair. Tigers, the Pistons — I think De- cutting into the bottom line of the potential to save some coin. Studios around Note: Most musicians who record at home save area studios. troit is just a great sports town.” town can cost anywhere from $40 to $90 an hour But Incarnati hasn’t always the recordings on an external FireWire drive and then bring them into the studio for mastering been a spectator. He played foot- and, as Koltay wryly says, “If the song’s good, you could record it with a and mixing. ball — strong safety — at Eastern turkey baster and it would sound fine.” Michigan University during the Learning the hard way That turkey baster can come fairly cheaply. mid-’70s. A home-based studio may seem like a great Collin Dupuis is a recording engineer and drummer for the Zoos of Beyond sports, Incarnati en- deal, but recording engineer Collin Dupuis Berlin. He says home studios cost at least $1,000. joys dining out, collecting good suggests that musicians consider the time it wine and hosting barbecues on takes to learn what sounds good. “It depends on your focus, what you are trying to do with the recording, weekends. When he’s back to If a musician has little or no recording what you expect to come out of it.” You’ll need software, audio interface work on Monday, Incarnati experience and is working in a poor acoustic equipment, speakers, microphones and more. Add another grand for a fast heads one of Michigan’s largest environment, the work will likely require a health care corporations, reach- revamp. computer and the DIY musician is in business. ing 29 counties with eight re- “They could easily spend $2,000 trying to fix a See Studios, Page 24 gional hospitals throughout the record at a studio and not have it sound like it state. would have if they just tracked it at a studio for $2,500.” Hear home-recorded music by local artists Robert William Emmett II and Hidden — Leah Boyd — Kelli Kavanaugh Ghost Balloon Ship at www.crainsdetroit.com/businesslives DETROIT BUSINESS MAIN 05-05-08 A 24 CDB 5/1/2008 4:18 PM Page 1

Page 24 CRAIN’S DETROIT BUSINESS May 5, 2008

BUSINESS LIVES

NATHAN SKID/CRAIN’S DETROIT BUSINESS Chris Koltay says he has tried to put together a studio where band members feel comfortable. Studios: oyster perpetual Software lets cosmograph daytona musicians create at home ■ From Page 23

Dupuis thinks the tactic deliv- He’s taking a hybrid recording ap- ers pros and cons. proach that mixes studio expertise “It has opened doors to people with some homegrown efforts. who are kind of geniuses, creative He started with a four-track people who would never get heard,” recording and digitally recorded he says. “That’s been really awe- some of the music’s simpler ele- some and good for music, but there ments at home and now is taking are a bunch of people making a his hard drive to various studios bunch of horrible music.” for other aspects of recording. Koltay acknowledges that his “I started all the basic tracking OFFICIAL ROLEX JEWELER years in the trenches can bear fruit in a studio in Los Angeles,” he ROLEX OYSTER PERPETUAL, COSMOGRAPH AND DAYTONA ARE TRADEMARKS. for a band or musician looking to says. “Then I brought it home. It record the perfect-sounding record. doesn’t make any sense to pay all “It’s sort of the same way water that money to do hand claps in a shapes a rock, from doing it time studio.” and time again,” While Em- he says. “Like mett is saving where to put a money and gain- mic on a snare ing transporta- drum — I know bility with his what the solu- method, he is tion is, I know it not ready to intuitively from abandon record- doing it so many ing studios. times.” “I’ll always Dupuis agrees bring it back to that the home the studio,” he studio has its says. “I don’t re- limitations. ally trust myself “You have to to mix an album realize that — I want some- recordings are one there who usually done has done it more with a budget. than I have.” In Detroit, there’s one There are lots of Brian Pasto- good albums ria of Harmonie way to face down risk... that don’t sound Park Music says: that good — son- Jim Diamond, who operates Ghetto “I think one of ically, it hurts; Recorders, says his expertise and the things that A business insurance artistically, it’s equipment keep his work in demand. people are real- great.” izing is that expert you can trust. Fellow studio owner Jim Dia- recording is one thing and mixing Jim Merkel, Director of Sales mond has found that finely tuned is another. The right mixing, the expertise and equipment are what right mastering, takes experts. keeps his operation, Ghetto “It’s an adjustment in the in- Recorders, in high demand. dustry: If you’re just selling equip- With a degree of integrity and understanding that’s unmatched, our Detroit “I have a niche clientele,” he ment in a studio, it’s a tough sell, team will work to protect and advance your interests with the best possible says, pointing out the uncommon but we are selling the talent of the risk management and employee benefit plans available. analog equipment his studio is people behind the equipment,” known for, such as a tape machine says Pastoria, whose studio has We continue to build one of the nation’s strongest insurance agencies, and circa-1970 mixing board. “I recorded Grammy-winning al- never losing sight of the importance of local business knowledge. Learn have stuff you can’t get at home.” bums by Aretha Franklin. Diamond’s studio, in a former Koltay points out another studio more about Wausau Signature Agency by contacting Jim Merkel, poultry-processing facility down- benefit. “It’s that ‘objective ears’ 800.782.0012 x620 or visiting WausauSA.com. town, also shares the comforts of thing,” he says. “That’s why I home with recording bands. would go to a studio if I was going Better Options. Easier Decisions. “Going to Jim’s studio is like to do a proper record.” hanging out with friends,” says As times and technology contin- Bobby Emmett from local stal- ue to change, recording studios warts The Sights. “Some studios will have to adapt. But as they’ve are like a doctor’s office, and already demonstrated, their old- recording is supposed to be a real- fashioned expertise is the secret ly good time.” ingredient that musicians will ©2008 Wausau Signature Agency. All rights reserved. Emmett is currently in the crave, no matter what hardware or throes of recording a solo album. software comes on the market. DETROIT BUSINESS MAIN 05-05-08 A 25 CDB 5/2/2008 11:25 AM Page 1

May 5, 2008 CRAIN’S DETROIT BUSINESS Page 25

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BY NATHAN SKID CRAIN’S DETROIT BUSINESS

When it comes to the Dirty Dog Jazz Cafe, Gretchen Valade refuses to be swayed by budgets or bottom lines. Her goal is to give Detroiters the experience she remembers from her days as a teenager on 52nd Street in New York. “New York has a feeling for jazz music that we lost somewhere, but to me, Detroit is jazz,” Valade said. “We want to bring that enthusi- asm back, like we used to Table have.” With the ar- rival of genres Talk such as rock ’n’ XXXEFUSPJUSJWFSGSPOUPSH roll and Mo- town, the Motor City’s jazz NATHAN SKID/CRAIN’S DETROIT BUSINESS scene took a Gretchen Valade spent $500,000 to transform the one-time flower shop into the backseat. Few- jazz club. er fans meant

fewer clubs. The Dirty Dog is outfitted with Partnership Fewer clubs acoustics in mind. The ceiling and GET JAZZ WITH DINNER Detroit meant fewer walls are insulated with an inch- Arturo’s Jazz Theatre & Restaurant Nathan Skid artists. Now thick coat of popcorn spray, and Southfield, (248) 357-6009 Downtown that venues are every chair is padded to reduce re- www.arturosjazz.com © gaining a stronger local presence, verberation. In fact, the only as- Southfield’s most prominent jazz Photos: the jazz scene is reviving. But pect of the club that isn’t con- supper club, Arturo’s offers patrons Valade never lost her passion. ducive to sound quality is the a unique dining experience paired The chairman of Dearborn- wooden floor. with premiere jazz concerts. The based Carhartt Inc. and owner of “They don’t have carpet in Eng- 350-seat dining room can easily ac- 2008 call for entries Harper Woods-based jazz record lish pubs,” Valade quipped when commodate large parties. label Mack Avenue Records is a jazz Recognizing real estate that makes a difference in southeast Michigan Robinson noted that wooden floors aficionado. She sees the Dirty Dog Bert’s Marketplace are not sound-friendly. as the perfect union of food and en- Detroit, (313) 567-2030 Marion Hayden, bassist for tertainment. www.bertsentertainment.com Straight Ahead and longtime De- • Three categories: new construction, redevelopment, special recognition Located at 97 Kercheval Ave. in Satisfy your craving for late-night jam troit jazz artist, appreciates how sessions and soul food at Bert’s Grosse Pointe Farms, the Dirty • Intent-to-enter forms due June 1; completed entries due June 29 the Dirty Dog has differentiated it- Marketplace. One of metro Detroit’s Dog, which opened in February, self from other music clubs in the favorite jazz spots, located in East- • Awards luncheon: September 18, Oakland Hills Country Club, $65 features high-end cuisine by exec- area. ern Market, is open until 2 a.m. utive chef Andre Neimanis and top “I have been twice since they Details & entry forms: local and national jazz acts. Its Got Rocks Ultra Lounge opened,” Hayden said. “I like the www.crewdetroit.org/awards.html 1,200-square-foot dining area ac- Birmingham, (248) 647-7774 fact that it’s a little more upscale. commodates 70 guests comfortably www.gotrocksultralounge.com Presented by: That you can go there and it’s a lit- during two nightly shows Wednes- Located on the second floor of the Commercial Real Estate Women Detroit tle dressier and more of a planned Big Rock Chop House in Birming- day through Saturday. Advancing the success of women in Valade spent $500,000 transform- activity.” ham, Got Rocks Ultra Lounge is a high-end club with live jazz every night real estate since 1986 ing a one-time flower shop into an Valade has a vested interest in Wednesday through Saturday. It’s a English pub and jazz café. Detroit’s jazz scene. She’s proven it with her $10 million endowment perfect place to unwind with a great She meticulously created an in- meal, neat martini and smooth jazz. timate environment. Every aspect to the Detroit International Jazz Festi- val. The Dirty Dog is yet another of the club — from the plush suede Seldom Blues example of Valade’s commitment padding on the walls to the alder Detroit, (313) 567-7301 to Detroit’s storied music culture. wood used for the floor and trim — www.seldomblues.com “When we are full, the music is was chosen for a specific purpose. Located in one of the most scenic venues in all Detroit, Seldom Blues “Most clubs are focused only on playing and the crowd is happy, it patrons are served cuisine, jazz and the music,” said Tom Robinson, gives me a sense of nostalgia — a beauty in no particular order. From general contractor for the Dirty warmth you can feel. It reminds its location in the Renaissance Cen- Dog and CEO of Mack Avenue me of New York.” Valade said. ter overlooking the Detroit River, Records. “We really focus on the “You can’t believe it.” Seldom Blues meshes an elegant Nathan Skid: (313) 446-1654, ambiance; our customers want to atmosphere with sophisticated jazz. have an elegant evening.” [email protected] DETROIT BUSINESS MAIN 05-05-08 A 26,27 CDB 5/2/2008 11:28 AM Page 1

Page 26 CRAIN’S DETROIT BUSINESS May 5, 2008

BUSINESS LIVES NOWNOW LEASINGLEASING Class “A” Offi ce z Just East of The Somerset Collection z Abundant Parking with Multiple Building Entrances A tip of the hat to the Belle Isle Women’s Committee

It was tax day when 115 women plus a few good men got together to drink, eat, shop for hats and strate- gize over an important charitable deduction. WILSHIRE PLAZA NORTH WILSHIRE PLAZA WEST 900 Wilshire Dr. Troy, MI 1050 Wilshire Dr. Troy, MI The scene was the Benefactor Par- ty, a pre-glow of sorts to the upcom- Suites From 1,031 to 11,187 SF Suites From 1,341 to 15,566 SF ing Belle Isle Legacy Luncheon May For More Information, Please Call: 21 at the Belle Isle Casino. The fourth annual event is organized 248.324.2000 by the Belle Isle Women’s Commit- tee, and guests are invited to help “Polish the Jewel” by donning their snazziest chapeaus in soli- www.friedmanrealestate.com darity with the revitalization of Belle Isle. Since his wife, Cynthia, hosted the Benefactor Party at their home, Edsel Ford II came to show his support. JOHN F. MARTIN Linda Gillum, Cynthia Ford and Sarah Earley don snappy hats at the Benefactor Since Tony Ear- Party for the Belle Isle Legacy Luncheon. ley’s wife, Sarah, is the founder, additional $300,000. office. “They were president and The committee al- POLISH THE JEWEL — putting millions of catalyst of the ready has allocated dollars into the Belle Isle $800,000 to the reno- BELLE ISLE LEGACY RiverFront Conser- Women’s Com- vation of Sunset vancy, but nothing mittee, he came Pointe, the island’s LUNCHEON into the island, and Givers to show his sup- western tip, includ- To benefit: Belle Isle I thought, ‘Why port. ing demolishing and Women’s Committee not?’ ” “The third rebuilding a new Chair: Linda Gillum So Sarah formu- floor of our restroom. The com- Co-chairs: Linda Forte, lated a mission: to house has be- mittee’s next project Comerica Bank, presenting preserve, renovate come the Belle is the Dairy Barn. sponsor; Diana Jones, Blue and restore Belle & Isle north of- And to think it all Cross Blue Shield of Isle, one project at a Shakers fice,” Earley started with a term Michigan, corporate time. She patterned sponsor. Julie Yolles said with a paper. her fundraisers af- laugh. He is To earn her associ- When: 11 a.m.-1:30 p.m., ter a successful May 21. chairman and CEO of DTE Energy, a ate’s degree in land- “hat luncheon” that Where: Belle Isle Casino Legacy Luncheon corporate spon- scape design from started in New sor. Oakland Community Specs: Silent auction, York City almost 25 lunch, keynote speaker Sara years ago. This “This is a full-time job for College, Sarah chose Cedar Miller, Central Park Sarah,” Earley said of his wife’s to write her final pa- month there are Conservancy, tours of Belle four hat-themed all-volunteer effort and the all-vol- per on Belle Isle and Isle by chauffeured coach luncheons in the unteer group she founded in De- its designer, Freder- from 1:30 to 3 p.m., Detroit area. But cember 2004 with 90 other civic- ick Law Olmsted, who gourmet strawberries and you can’t really minded women. “She is totally also designed Central tea in the Anna Scripps Whitcomb Conservatory. have a luncheon dedicated to raising the money to Park. Cost: $125-$1,000. without the proper restore Belle Isle to the glory it re- “Belle Isle was in a chapeau, so Sarah ally deserves. I enjoy watching serious state of ne- RSVP: (248) 433-3560, www.biwcinc.org. invited Wyandotte- how successful it’s become.” glect and decay — a based hat designer So successful that the Belle Isle poor little stepchild Gena Conti to the Benefactor Party Women’s Committee has raised who didn’t get any money from the to sell, well, hats. Conti donated 15 $1.2 million. This month’s lun- city,” said Sarah, who calls Caribou cheon is expected to generate an Coffee in Birmingham her external See Yolles, Page 28

YOU CAN LEAVE YOUR HAT ON AT THESE EVENTS Designer Gena Conti has been remove your blouse. How do you When: 11 a.m.-2 p.m. Friday. burning the midnight oil since avoid runs in your hosiery if you Where: Townsend Hotel, February creating couture hats in take your shoes off and dance on Birmingham. her Wyandotte workroom for the the dance floor?” Cost: $150. races — Dubai World Cup, Kentucky RSVP: (248) 601-0799. Derby, Preakness, Belmont Stakes, Royal Ascot and Melbourne Cup — Hat-themed charity events Visit: www.suitedreamsproject.org. and for upcoming hat luncheon charity events. SPRING HAT & TEA PARTY GRAND PRIXMIERE II: Her handmade hats range from To benefit: Boys Hope, Girls Hope. $165 to $1,200. ANCING WITH THE ARS When: 12:30-3 p.m. Thursday. D C “I am a custom milliner,” said the Where: Country Club of Detroit, To benefit: The Henry Ford and the 16-year veteran. “There’s no reason Belle Isle Conservancy. why I could not make a $5,000 Grosse Pointe Farms. hat.” Cost: $50-$350 for table of eight. When: 6-11 p.m. Aug. 28. Fair enough. Any inside tips for RSVP: (313) 862-0707, ext. 12. Where: Henry Ford Museum, preventing hat head? Visit: www.bhghdetroit.org. Dearborn. “Why would you even think of taking Cost: $250-$500; $5,000 for a your hat off?” Conti said. “Your hat ATS FF UNCHEON table of 10. is part of your entire, complete H O L RSVP: (313) 982-6120. ensemble. You might as well To benefit: Suite Dreams Project. Visit: www.hfmgv.org. DETROIT BUSINESS MAIN 05-05-08 A 26,27 CDB 5/2/2008 11:29 AM Page 2

May 5, 2008 CRAIN’S DETROIT BUSINESS Page 27

BUSINESS LIVES Gallery crawl to spotlight arts community

BY ELIZABETH VOSS numbers, Schwartz said Art De- Schwartz said smaller partner- SPECIAL TO CRAIN’S DETROIT BUSINESS ART DETROIT NOW troit Now funding came from pri- ships formed through Art Detroit vate arts supporters. Sometimes we feel Now will continue, but the group What: Collaborative effort to Metro Detroit has top-quality To keep costs down, organizers “ plans to do a major collaborative showcase metro Detroit art, artists art blooming in its own backyard, hired Cranbrook graduate stu- we’re Detroit’s best- every two years. and art venues. yet few of us know where to find it dents to design the logo and the The 2010 event will be similar to or who creates it. When: Thursday-Saturday. marketing poster. A Cranbrook kept secret, and we this year’s gallery crawl, except This weekend 82 arts venues Where: 82 metro Detroit venues. grad designed the Web site, publicity will expand to other Mid- will join forces to produce Art De- For a complete list, go to www.artdetroitnow.com. The online don’t want west cities, like Chicago and Cleve- troit Now — a gigantic gallery crawl www.artdetroitnow.com or call publication www.thedetroiter.com land. Four years from today, they spanning 18 cities. The event is (248) 258-8808, ext. 29. to be. helped track down all of the gal- envision Art Detroit Sculpture — part of a grassroots movement to ” Founding representatives: Marc leries and designed the gallery where nationally and internation- promote metro Detroit’s art scene. Schwartz,owner of Royce Music Gregory Wittkopp, guide. Member arts organizations ally renowned sculptors will cre- It comes after 18 months of meet- Distribution and Shortcut Books;; Art Detroit Now hung posters at supportive busi- ate temporary or permanent ings organized by arts patron Michelle Peron, College for Creative nesses, put the logo in their mar- works in Detroit’s empty spaces. Marc Schwartz, owner of Royce Mu- Studies Center Galleries; Gregory than 200 artists (including sub- keting materials, and sent e-mail The goal is to give Detroit recogni- sic Distribution and Shortcut Books Wittkopp, Cranbrook Academy of leasers and collective members), and text blasts to their mailing tion as an art center and attract in Birmingham. Art and Cranbrook Art Museum; four art galleries, quarterly open lists. Press materials went to local people to the city. Schwartz, who is also a board Nancy Sizer, Detroit Artists Market; houses and weekly events. This Becky Hart, Valerie Mercer and media. “This would require tremen- member of the Detroit Institute of Stephanie James, Detroit Institute Gregory Wittkopp, director of weekend, the center will have art dous resources,” Schwartz said. Arts, Cranbrook Academy of Art, Cran- of Arts; George N’Namdi, G.R. the Cranbrook Art Museum, is one demonstrations, about 70 open stu- “We haven’t even begun to identi- brook Art Museum and ArtServe N’Namdi Gallery; Marsha Miro, dios and live music for its annual fy where the money would come Michigan, said many locals don’t re- of Art Detroit Now’s founding rep- Museum of Contemporary Art Spring Show and Sale. from.” alize Detroit has such a re- resentatives. Although Cranbrook Detroit; Dick Goody, Oakland attracts high-caliber artists, he spectable concentration of arts University Art Gallery; Susanne said few locals know about the mu- venues, artists and artwork. Hilberry, Susanne Hilberry Gallery; seum. Schwartz wanted to find a way to Lisa Gonzalez, Wayne State promote the region’s assets, so University Art Galleries. “Sometimes we feel we’re De- through his band of connections troit’s best-kept secret, and we Are you paying too much in real property taxes? he formed a nucleus of 12 represen- don’t want to be Detroit’s best kept ny Orchestra. tatives, each from a major art in- secret.” “It’s definitely in my genes,” he The value of commercial real estate in Michigan has declined, yet stitution. Photographer Chris Schneider, said. “Going to the opera, the sym- assessed values may not reflect this reality. Whether you are the When talks first began, Art De- president and founder of Hatch: a phony or the DIA was very much a owner of commercial property or a tenant responsible for paying troit Now organizers met every Hamtramck Arts Collective, said Art part of my life growing up.” taxes, ELLIAS & ELIAS, P.C. can help. five or six weeks. Schwartz volun- Detroit Now is a networking op- Although Schwartz said he teered to chair the group because portunity that will help art gal- he had more time and his status as wishes more people shared his ap- leries reach a larger audience. ELLIAS & ELIAS, P.C. has a staff of experienced real estate attorneys a community representative preciation, he’s hopeful that a “Detroit is not known for being with a track record of reducing their clients' property taxes. You will not would prevent accusations that gallery visit this weekend will a strong art-buying community,” be charged fees unless your taxes are low- spark some interest. Art Detroit Now was promoting he said. “Hopefully this will help ered. You are responsible only for filing fees, Schwartz expects Art Detroit one organization over another. people realize that we have a lot of appraisal costs and other direct expenses. Now to draw 100,000 visitors. The good art, and you don’t have to go Five months ago, the idea for a Hourly fee arrangements are available as well. gallery crawl was born. More estimate is based on projected at- to New York or L.A. to find it.” gallery representatives got in- tendance figures for the individual Art Detroit Now will also lend So, if your 2008 tax assessment is too high, Ellias & Elias, P.C. volved, and the group began meet- shows and an outdoor art festival credibility to lesser-known artists, call Jane Elias at 248-865-8400 to discuss Attorneys and ing every two weeks. in Birmingham. A free event guide such as those who have opened whether a property tax appeal is right for Counselors at Law will be available at all participat- low-rent studios in the Russell In- Schwartz, 54, has always been you. You can also go to our website at 5777 West Maple Road immersed in arts and culture. His ing venues. Organizers hope dustrial Center, said Eric Novack, www.E3PC.net for faster service. Suite 120 mother has been a lifelong trustee gallery hoppers hang on to it for operations manager of the seven- West Bloomfield, MI 48322 for the DIA, and his father a life- future art outings. building complex. The center has 248.865.8400 long trustee for the Detroit Sympho- Though he wouldn’t release become an art mecca with more www.E3PC.net

www.E3PC.net

NATHAN SKID/CRAIN’S DETROIT BUSINESS Some gallery owners in the crawl. Top row: Narine Kchikian, Community Arts @ Paramount Gallery; Jocelyn Rainey, J Rainey Gallery; Patt Slack, River’s Edge Gallery; Nancy Sizer, Detroit Artists Market; Susan Macdonald, Grosse Pointe Art Center; Ester Vivian Brewer, National Conference of Artists Galleries; Ed Gardner, Studio 601. Bottom row: Gregory Tom, MOCAD; Jim Puntingam, Zeitgeist Gallery; Eric C. Novack, Russell Industrial Center; and Lisa Gonzalez, WSU Art Galleries. DETROIT BUSINESS MAIN 05-05-08 A 28 CDB 5/2/2008 11:32 AM Page 1

Page 28 CRAIN’S DETROIT BUSINESS May 5, 2008 REAL ESTATE BUSINESS LIVES LUXURY PROPERTY Golf tournament aims “THE TAJ MAHAL” Washington Township - 26 Mile & Mound Area 5863 Juliann Ct. for $1 million to fight MD

BY SHERRI BEGIN Tony Donadio has CRAIN’S DETROIT BUSINESS organized the golf outing to benefit Tony Donadio is driving toward the Muscular a different kind of green for the Dystrophy Muscular Dystrophy Association’s Association for the past 13 June 19 golf outing. years, since his $850,000 He’s hoping to pass the $1 mil- daughter Maria Elegant architectural masterpiece. 4 Bedrooms, Den, 4 1/2 Bath, Lower Level lion mark for the total amount was diagnosed w/Bar, Dance Floor, Exercise Room. Approx. 1/2 Acre lot, possible Maid's Quarters, raised at the nonprofit’s annual with the disease. 4 Car Garage. Hardwood & Imported Marble, Natural Gas Generator, Giant Patio. outing. A showplace to behold! Call for Private Viewing Donadio, vice president at Dona- Call Broker , Realty Executives Assoc. dio Financial Services in Utica, has Tony McHugh organized the MDA golf outing for 586-530-1094 Anytime the past 13 years, since his daugh- ter Maria was diagnosed with the disease. Macomb County companies to golf outing funds research into the LUXURY WATERFRONT PROPERTY “We’re not ones to sit around. … raise money. Sponsorships range causes and treatments for muscu- We want to get involved and get in from $1,000 to about $2,750. lar dystrophy — to one day cure Located in Palm City Florida for sale or the game,” he said. “This is our exchange for like property in Oakland Typically 300 to 350 people show Maria, now a 16-year-old high FOR SALE way of speeding up the treatment up to golf at the outing, which school junior. County, Michigan. or cure.” takes place at Cherry Creek Golf Club Reaching the million-dollar S. Roscommon Co. Donadio’s golf outing has so far in Shelby Township and Sycamore mark won’t put Donadio off his raised $954,301 for the MDA in Hills Golf Club in Macomb Town- game. Sterling Heights. ship. A total of 500 attend the “wed- “We’re grateful to everyone who 640 Acres (square mile) The outing is the largest noncor- ding-like” dinner that night. has helped us get to that million. porate charity MDA event in the For the past several years, the That’s a nice milestone,” Donadio Buy all or part country, Donadio said, meaning it event has netted about $70,000 a said. “But what we’re looking for is 609 SW Bittern St., Stuart, FL 34990 doesn’t receive large annual year, down from record years from the cure. Once they find that, we’ll Elegant 2 story estate home, 3 Bedrooms + Must be a good neighbor grants from corporations. 2000 to 2003, when it netted about have one big bash to celebrate.” additional Bdrm/Office/Den, 4 Bath, Sauna, Donadio goes to friends and $100,000 a year. Sherri Begin: (313) 446-1694, sbe- Walk Thru Botanical Garden, Pool/Waterfall, family and to small and midsize The money raised through the [email protected] Jacuzzi Spa, 400+' Frontage, Deep Water Tremendous Investment Dock, Private Beach. $2,500,000 $3,200/Acre Mike Novik 248-755-5225 888-592-1301 (810) 533-1095 Yolles: Hats off to Belle Isle committee ■ From Page 26

MICHIGAN OUTDOOR PROPERTIES 303 Ft. on DUCK LAKE percent of the night’s proceeds to 256 Acre Hunting Ranch in St. Joseph the committee. County. 8,000 sf lodge on 20 acre lake. Also inc. 5,000 sf home for owner. Hunting incl. deer, “Belle Isle is our jewel and I turkey, boar, pheasant, etc. Fish the lake for think that hats are like a crown of bass and panfish! $2.95M jewels,” Conti said. 480 Acre Game Ranch in Bannister, MI. Quality, year round hunting ranch that turns a Hats off to Sarah. profit. Lodge has 7 bdrms, all equipment neces- sary. Largest Elk herd east of Mississippi! Has Ⅲ deer, boar, ram & buffalo. $4.89M 1,144 acre 4 Season Resort in Gladwin, MI. While mingling over cocktails, All sports waterfront with Trophy hunting, resort Prime Location, Lakefront Living guests reminisced about the good incl. first class restaurant, lounge, indoor pool, spa and banquet facilities that seats 250 peo- at end of private Cul-de-sac. ol’ days on Belle Isle and the signif- ple. Truly an exceptional property! $4.99M icance of the Belle Isle Women’s 480 Acre Executive Recreational Retreat in Premium Lot - Axford Acres Sub. Committee. Here’s what they had West Branch, MI. Home on 900+ acre lake, 20 Highland, MI acre private lake. Beautiful Au Gres River flows to say: through property! All set up for hunting and oth- Build Your Dream Home! Yolles: What are your thoughts er outdoor activities. $2.5M on Sarah Earley and her leader- Call Michigan Outdoor Properties for Land Contract Available... ship? information on these 4 properties $288,800 Cynthia Ford, Benefactor Party or other listings. JOHN F. MARTIN (586) 484-7654 host: “Sarah figured out that it was Sarah Earley is founder, president and catalyst of the Belle Isle Women’s 616-456-6554 or 616-862-4838 the right time to take control and Committee. make it happen. She’s really made Belle Isle a rejuvenated jewel in Nelson’s family spent its week- General Motors Foundation, execu- the city of Detroit. Kudos to her.” ends on Belle Isle. tive director of public affairs and Ford was the first person at the Ⅲ community relations, General Mo- party to sign up to be a life mem- tors Corp.: “The river is what con- ber of the Belle Isle Women’s Com- Yolles: What are your memories nects all of us. It pulls us all togeth- mittee. of Belle Isle? er as a region. My father raced Vivian Rogers Pickard, director of Linda Gillum, chair, Belle Isle hydroplanes on Belle Isle.” corporate relations, General Motors Legacy Luncheon, adjunct faculty, Ⅲ Corp.: “Between my relationship University of Michigan Medical Yolles: How does it feel to be one with Sarah and knowing how im- School, department of psychiatry: of only 11 guys at this chicks’ portant Belle Isle is to the commu- “I’m a native Detroiter who went event? nity, it was an easy sell to get in- to Belle Isle every weekend. These Jim Nicholson, corporate sponsor, volved.” are women (on the committee) Belle Isle Legacy Luncheon; CEO, Pickard was the first-year co- who don’t have a lot of time, but PVS Chemicals Inc.: “I thought, chair of the Belle Isle Legacy Lun- who devote the time that they do ‘What am I doing here?’ I had an cheon. GM is a corporate sponsor. have to see our community pros- early clue that I shouldn’t be there. Faye Alexander Nelson, president per. The Belle Isle Women’s Com- I also thought very seriously about and CEO, Detroit RiverFront Conser- mittee is made up of all age groups, what hat to wear, and decided vancy: “I commend Sarah for her spanning the demographics in the none. I was very impressed with leadership and her vision and for right way.” the energy of the group. As a De- all of what she’s done to bring back Debbie Dingell, co-chair, Belle troit-based company, we’re Belle Isle to its glory.” Isle Legacy Luncheon; vice chair, thrilled to support their mission.” DETROIT BUSINESS MAIN 05-05-08 A 29 CDB 5/2/2008 11:50 AM Page 1 DETROIT BUSINESS MAIN 05-05-08 A 30 CDB 5/2/2008 11:33 AM Page 1

Page 30 CRAIN’S DETROIT BUSINESS May 5, 2008 PEOPLE EDUCATION wald to director of corporate relations, Robert Wacker to vice president of from development director. sales, service and delivery, Teoma IN THE SPOTLIGHT Systems, Troy, from vice president The Detroit Medical Center has Also, Lynn ENGINEERING sales. named Reginald Eadie vice president Torossian was Darryl James to business development Michael Check to president, automo- for medical affairs for DMC Harper named director, SmithGroup, Detroit, from tive and transportation division, University Hospital and DMC Hutzel president of business development manager, Bunkspeed Inc., Detroit, from general Women’s Hospital in Detroit. He DMC Huron Structural Preservation Systems, manager, Americas field sales opera- previously Valley-Sinai Trenton. Also, Michael Weingartz to tion, ICEM, Southfield. practiced Hospital. She electrical engineering discipline di- Tim Roddy to COO, Gemellaro Systems emergency had been COO rector, from vice president, Peter Bas- Integration Inc., Troy, from executive medicine at and vice so Associates, Troy. officer-business development. Also, Mike Newman to executive vice presi- DMC Sinai president of Klos Nehra operations. FINANCE dent, from executive officer-security Grace Hospital systems division. Elizabeth Klos to director of annual and DMC Torossian Torossian, 46, Paul Borja, executive vice president giving and donor services, The Col- Detroit replaces Robert Yellan, who is and CFO, Flagstar Bank, Troy, to the MARKETING lege for Creative Studies, Detroit, Receiving becoming president and CEO of board of directors of the Federal Home from senior development officer, St. Hospital. Mpro, which develops health-care Loan Bank of Indianapolis. Also, James Heughens to senior vice presi- John Hospital Foundation, Detroit. William Pickard to an independent dent and general manger of the De- Also, Terese Nehra to director of alum- Eadie, 39, quality improvement and patient- troit and Chicago offices, Organic Inc., Eadie member of the boards of directors of ni relations, from assistant director, replaces the safety initiatives with expertise in Flagstar Bank and Flagstar Bancorp. Bloomfield Hills, from executive di- late Sophie Womack. Medicaid and Medicare programs. development communications and Christopher Braun to director of inter- rector of project management. Also, constituent relations; and Trish De- national estate, trust and expatriate Joe DiMeglio to vice president of en- planning, Virchow, Krause & Co. gagement management, from group L.L.P., Southfield, from CFO and gen- director of engagement management. eral counsel, Nanco Inc., Buffalo, N.Y. Michael DiStefano to executive cre- ative director, Mars Advertising Inc., HEALTH CARE Southfield, from senior vice presi- dent, group creative director. Thomas Nevile to vice president of MARKET PLACE Kurt Buesching to interactive services business development and national manager, Duffey, Petrosky and Co., accounts, Whole Health Management, Farmington Hills, from owner, Novin- ANNOUNCEMENTS & FINANCIAL SERVICES BUSINESS & Rochester Hills, from enterprise con- di, Clarkston. SERVICES INVESTMENTS sultant, Towers Perrin, Southfield. CAPITAL AVAILABLE Melissa Mackey to online marketing manager, Fluency Media, Ann Arbor, INDUSTRIAL SERVICES HOSPITALITY We are a flexible source of funding that BUSINESS OPPORTUNITIES from director of marketing, American may be what your opportunity needs to Michelle Duffy to director of sales, Mo- Warehousing - Short Term Storage - Taylor MI Collegiate Marketing/Magazineline, reach the next level. While we do not fund Solid B 2 B Service Company torCity Casino Hotel, Detroit, from di- Metro area / Cross Border Trucking Positioned For Growth Okemos. Freight Brokerage -Truckload & Partials senior/mezzanine debt or start ups, we Over $140K 2008 SDE Projected – Priced at $295K rector of sales and marketing, Marriott www.MRTRANSPORTATION.COM 734-946-7031 have a team in place that can help tailor a Owner Retiring – Call Blue River @ 734-752-4087 Centerpoint, Pontiac. Also, Irene Lig- MEDIA creative capital investment to meet your nois to director of catering and conven- VIDEOCONFERENCE SERVICES needs. Investment size ranges from $1 CAR WASH EXPERTS - Established tunnel car washes available in Sterling Heights, Warren, Hazel tion services, from director of bever- Ron Clowney to vice president, U.S. million to $20 million. Total committed Park, Roseville and Warren. Owner retiring. Call age; Brad Baldwin to group sales higher education and government Complete Videoconference Services capital of $100 million. for details at Wilhelm & Associates 248-625-9500. sales, , Ann Arbor, from exec- Job Interviews, Legal Depositions, Business Meetings manager, from Detroit regional direc- ProQuest Convenient Troy Location, 3 Rooms, 1-200 Capacity Please contact us via our website: WATERFORD - Tunnel car wash on busy M-59. Fix- tor of sales, Kewadin Casino Hotels; utive director, government and med- Midwest Video 248-583-3632 www.midwestvideo.com www.etccapital.com tures and equipment included. Over 68,000 cars pass Christine Barrett to group sales manag- ical sales, Washington, D.C. Also, Dave per day. Seller motivated. $949,900(3456H) er, from cluster sales manager, Mar- Leach to director, strategic account Crain’s Classifieds Gets Results Call Wilhelm & Assoc. at 248-625-9500 riott Centerpoint, Pontiac; Gail Birn- management, from vice president of INVESTMENT OPPORTUNITIES berg to catering and convention global sales, Serials Solutions, Seattle. CONSTRUCTION services manager, from event manager, Henry Ford to general sales manager, Successful Real Estate Investor seeking private lend - Marriott Centerpoint, Pontiac; Dawn FSN Detroit, Southfield, from senior ers for properties located in Scottsdale AZ Area. Call Brian 586-255-5350 Barth to executive meeting manager, director, the San Francisco Chronicle. or www.mpbfinancialservices.com/investor.htm from corporate sales manager, Best Western Sterling Inn, Sterling Heights; NONPROFITS EQUIPMENT & Andrew Salem to corporate sales man- ager, from regional director of sales Melissa Weisse to MERCHANDISE and marketing, Truss Hotel Develop- chief philan- ment, Novi; and Anne Phillips to tour thropy officer, OFFICE FURNITURE and travel manager, from tour and Leader Dogs for travel clerk. the Blind, 6$1,7$5< ‡67250 6(:(56 ‡:$7(5 0$,16 ‡*5$',1* MUST SELL, OFFICE CLOSED Rochester, from 0$66 (;&$9$7,21 ‡ 6,7( '(9(/230(17 Desks $99, Chairs $39, Files $49, Partitions $50, director of philan- Lateral Files $99, Cubicles, Office Phone Systems LAW thropy. Call (248) 548-6404 or (248) 474-3375. 63(&,$/7< &21&5(7( '(02/,7,21 Scott Lites to the board of directors, TELECOMMUNICATIONS Plunkett Cooney, Bloomfield Hills, re- SERVICES maining as shareholder and chairman LUCENT . . . AVAYA. . . PARTNER. . . of the firm’s finance committee, and John Zolin to vice president, Vena- MAGIX. . . VOIP. . .LEGEND . . . Laurel McGiffert to the board of direc- Weisse MERLIN. . .SPIRIT Systems/Parts New/refurbished. tor Staffing, Troy, Omnicall Equipment Corp. (248) 848-9282 tors, Detroit, remaining as sharehold- er and senior trial attorney. Also, from vice president, Accretive Solu- WE HAVE USED PHONES tions, Troy. Nortel, Lucent, phone systems. Almost any new or Charles Browning re-elected to the used phone available. Expert installation available. board of directors, remaining as co- Call (248)548-6404 leader of the firm’s Insurance Law SUPPLIERS Practice Group. Michael Wynblatt to vice president-in- Call Us For Personalized David Williams to novation center, Eaton Corp., South- partner, Jaffe Raitt field, from vice president and chief Service: (313) 446-6068 Heuer & Weiss technology officer, Siemens Technolo- P.C., Southfield, gy-to-Business Center, Berkeley, Calif.   CLOSING TIMES: Monday 3 p.m., one week prior to publication date. from associate. Graeme Hodson to vice president, oper- 6WDUN5RDG/LYRQLD0, Please call us for holiday closing times. Brian Etzel to ations, North American fluid systems, partner, The Cooper-Standard Automotive, Novi, )D[   FAX: (313) 446-1757 Miller Law Firm from director, operations, U.S. and E-MAIL: [email protected] P.C., Rochester, Canada, global fluid systems division. (48$/23325781,7<( 03/2<(5 INTERNET: www.crainsdetroit.com/classifieds from associate. Jeffrey Barringer Confidential Reply Boxes Available REQUEST FOR PROPOSALS to partner, trusts PEOPLE GUIDELINES Williams and estates de- PAYMENT: All classified ads must be partment, Honigman Miller Schwartz Announcements are limited to Request for Proposals: prepaid. Checks, money order or and Cohn L.L.P., Bloomfield Hills, management positions. Nonprofit Crain’s credit approval accepted. from tax director, private company and industry group board Rouge River Multi-Media Project Credit cards accepted. services group, Pricewaterhouse- appointments can be found at The University of Michigan-Dearborn requests proposals from See Crainsdetroit.com/Classifieds Coopers, Detroit. www.crainsdetroit.com. Send qualified vendors for the design and production of one multi-media en- for more classified advertisements submissions for People to Joanne vironmental education presentation to be used at the Environmental INFO/TECHNOLOGY Scharich, Crain’s Detroit Business, Interpretive Center. The presentation will be 7-8 minutes long and use James Schmidt to senior vice presi- 1155 Gratiot Ave., Detroit, MI 48207-2997, or send e-mail to a combination of still pictures, video, and animation. For details, RFP CRAIN’S CLASSIFIEDS dent and chief information officer, Custom Data Solutions Inc., Romeo, [email protected]. Releases timeline, selection criteria, and proposal guidelines, download WORK! from technical consultant. Also, Dan must contain the person’s name, RFP_ C-0520-08-S To Place Your Ad Call DeLong to vice president and manag- new title, company, city in which From: http://www.procurement.umich.edu/bid_board/rfp/RFP_C-0520-08-S.html er-systems and technology, from man- the person will work, former title, ager, systems and technology group. former company (if not promoted Proposal Submission Deadline: 4:00 p.m. Tuesday, May 20, 2008. (313) 446-6068 David Wenning to senior vice presi- from within) and former city in or dent of sales and marketing, Parrot which the person worked. Photos Inc., Detroit, from vice president of are welcome, but we cannot CRAIN’S CLASSIFIEDS WORK! To Place Your Ad Call (313) 446-6068 or Fax (313) 446-1757 Fax (313) 446-1757 sales, North America, TomTom, Con- guarantee they will be used. cord, Mass. DETROIT BUSINESS MAIN 05-05-08 A 31 CDB 5/2/2008 11:35 AM Page 1

May 5, 2008 CRAIN’S DETROIT BUSINESS Page 31 CALENDAR Waterford Township. Free, but pre- (313) 366-3388. Parrott, group director, Chrysler TUESDAY THURSDAY registration is required. Contact: (248) L.L.C. Troy Marriott. $50 members, MAY 8 858-0783. $70 others. $750 table of 10. Contact: MAY 6 Why Rising Health Costs Impact You: (877) 633-3500. The Future of the U.S. Health Care ESD/DTE Energy Conference & Exhibi- Detroit Economic Club. 11:30 a.m.-1 p.m. Baroness Caroline Cox, CEO, Hu- System. 11:30 a.m.-2 p.m. Inforum an- tion. 7:30 a.m.-3:30 p.m. Engineering So- FRIDAY nual meeting. ciety of Detroit and DTE Energy. With manitarian Aid Relief Trust, Deputy Speaker, Britain’s House of Lords. MAY 9 Cathy Tripp, Wat- CALENDAR GUIDELINES more than 100 exhibitors. Rock Finan- son Wyatt World- cial Showplace, Novi. $65 ESD mem- Marriott at Centerpoint, Pontiac. $40 Eight Mile Boulevard Association members, $50 guests of members, $75 wide national More Calendar items can be found bers, $85 nonmembers. Contact: Tim Leadership Luncheon. 11 a.m.-1 p.m. others. Contact: (313) 963-8547. leader of con- on the Web at www.crainsdetroit. Walker, (248) 353-0735, ext. 4115. Wayne County Executive Robert Fi- sumerism; Nick com. Please send news releases cano; Oakland County Executive L. Barr, professor of for Calendar to Joanne Scharich, 2008 National Brownfields Confer- Pre-Business Research. 9 a.m.-12:30 Brooks Patterson; Detroit City Coun- economics, Lon- Crain’s Detroit Business, 1155 ence. Environmental Protection p.m. Oakland County Business Cen- cil President Ken Cockrel, Jr.; Macomb don School of Gratiot Ave., Detroit, MI 48207- Agency, International City-County ter. Presented by The Entrepreneur’s County Commission Chair William Economics; Nan- 2997, or e-mail jscharich@ Management Association, ASTI Envi- Source, Oakland County’s Business Crouchman; and Mary Kramer, pub- cy Schlichting, crain.com. You also may submit ronmental, others. Today-Wednesday. Center, Market Resource department, lisher, Crain’s Detroit Business. De- CEO, Henry Ford Calendar items in the Calendar Free. Cobo Hall, Detroit. Contact: and research librarian. Oakland troit Marriott at the Renaissance Cen- Health System, section of crainsdetroit.com. www.brownfields2008.org. County Executive Office Building, ter. $50 members, $88 others. Contact: Schlichting and Kate Kohn- REAL ESTATE

COMMERCIAL PROPERTIES INDUSTRIAL PROPERTY COMMERCIAL PROPERTIES INDUSTRIAL PROPERTY INVESTMENT PROPERTY www.FactoryBuildingForSale.com ROSEVILLE - Groesbeck N. of I-696 305 WEST LIBERTY LYON TOWNSHIP/BANK OWNED 152,000 Sq. Ft. Part - 33 Ft. Clear 34,000 sq. ft. bldg., 2400 sq. ft. office, MICHIGAN AVE. & WAYNE RD. 12-unit rental townhouse project available. HIGH VALUE Building $20,000 taxes 2 truckwells, $550,000. Excellent price & location. ANN ARBOR • MICHIGAN • Approx. 73,000 Sq. Ft Get a great deal on this investment opportunity. Contact Herb Lawson at 248-290-5300 ext. 302 on I-94 Spur Dry Sprinkler Rail LaHood Realty 313-885-5950 • ESFR Fire Sprinkler System $1,850,000 Ryan: 847-687-9000 AVAILABLE Liberty Lofts Leasing 4 Units - 12,000, 24,000, 50,000 & 106,000 For Sale or Lease • 30 Foot Clear DOWNTOWN FERNDALE MULTI-USE BUILDING s.f. @ Burt Indust’l Pk. (I-96/Telegraph), Very Clean, 19,000 SF Advertise your goods and services in For sale or lease. 4,950 sq. ft. Office/Warehouse, Dry, Well-Maint., Docks, Truck Pkg, EZ Freeway LEASE RATE • 10 Truck Docks Retail or Restaurant. Loading dock, private parking. Access. (248) 356 - 5466 Call (248) 821 - 5522 Crain’s Detroit Business Call 248-388-3333 $24.00 NNN SALE PRICE AUCTIONS AUCTIONS $3,500,000 Absolute Auction - Milford, MI  Completely renovated to shell condition Minimum Bid Auction! 8 Riverbank Dr., Beverly Hills, MI  Ready for finishes Stunning 3 bed, 3.5 bath home has many custom features. Hickory Valley Estates Auction on-site Sat May 18th at 11am  Located at the corner of First & Liberty, Spacious gourmet kitchen with Sub-Zero refrigerator, Preview & Registration at 10am in downtown Ann Arbor convection oven and convenient butler’s pantry off dining 8 Lots - Each Selling to highest bidder!  Retail or office users from room. 1st Floor master suite offers walk-in closets, master 23 to 96E to Kensington exit, to Stobart to Hickory Valley 2,000 SF to 19,000 SF bath with separate large shower and spa tub. Finished lower level with rec room, exercise area and bonus room. The  54 on-site parking spaces 734.994.3100 Colonial open floor plan brings 9’ ceilings and 8’ doors with Call 877-696-7653 for a flyer! exquisite decorating that shows like a model home. Winner A secluded country development consisting of 8 wooded, rolling lots. EACH IN Mike Giraud Westwood Common of the American Architects Association Award in 2001 for EXCESS OF 2 ACRES! Most lots have walk-out. Get out of the tension zone! Minutes Best Place to Live in Detroit, this village has a Park-like [email protected] Minimum Bid $349,900 from Kensington Park, Proud Lake, Highland State Recreation Area and the quaint shops Tim Guest setting. and restaurants of Milford. One of Michigans prestigious builders selling remaining lots, Rose Auction Group, LLC [email protected] On-site Sat May 31st at 11am will build to suit. This exclusive subdivision consists Rose Auction Group, LLC www.colliers.com/annarbor 877-696-7653 of only 16 lots with homes that reflect only the bethroseauction.com Preview & Registration at 10am bethroseauction.com or westwoodcommon.com very best. Plan on attending this incredible auction! Beth Rose, CAI Auctioneer Crain’s Classifieds Gets Results Open Houses: Sat May 10th Noon-3, Sun May 18th Noon-3pm & Wed May 28th 5-7:30pm

real estate auctions REAL ESTATE AUCTION 42,000 SF Hi-Tech Building 47,200 SF Hi-Tech Building Other Area Auctions: DEARBORN 2222 N VERNON ST

DEARBORN HEIGHTS 24540 HASS 25475 ELON

LAKE ORION, MI - 2315 Stanton Rd DETROIT LAKE ORION, MI BEVERLY HILLS, MI 16744 FENMORE ST • 2315 Stanton Rd • 15795 W 14 Mile Rd 19215 OHIO ST 4BR 3.5BA 3,606sf+/-. 5BR 2BA 1,819sf+/-. Stucco Cape Cod Style, Opening Bid: $25,000 19720 STRATHMOOR ST granite counters, several gas Inspections: 1-4pm Sun May 2992 MARLBOROUGH ST fireplaces, butler pantry, view 11th and 2 hrs prior to sale of water. Located on Paint time. REDFORD Creek Golf Course. Built 1999. 9990 VIRGIL Taxes approx $8047 (‘07). 3-car ROYAL OAK, MI garage. • 100 W Fifth St 507 SOUTHFIELD 4750 & 4880 Venture Drive ~ Pittsfield Twp., Michigan Opening Bid: $50,000 1BR 2BA 1,283sf+/- condo. 17051 MARYLAND Inspections: 1-4pm Sun May Opening Bid: $50,000 20221 LACROSSE AVE 4th and 11th and 2 hrs prior to Inspections: 1-4pm Sun May June 26, 2008 at 12:00 PM sale time. 4th and 11th and 2 hrs prior to 21803 HIDDEN RIVERS sale time. OAKLAND TWP, MI • 2740 Plum Creek Dr Above properties sell: These properties also • Located in the State Tech Park 4BR 3.5BA 3,852sf+/- condo. 4:30pm, Thu., May. 15th at available for online bidding! Built 1997. Approx .77ac lot. 15795 W 14 Mile Rd, BEVERLY • Minutes from the I-94/State St. interchange, Taxes approx $10407 (‘07). HILLS, MI Basement. Also selling many Florida Vacation/2nd downtown Ann Arbor and Briarwood Mall Opening Bid: $100,000 Homes and condos, see web for details Inspections: 1-4pm Sun May DETROIT, MI 4th and 11th and 2 hrs prior to • 2415 Burns williamsauction.com For brochure, terms of sale sale time. 7BR 3.5BA 5,000sf+/-. Opening Bid: $50,000 800.801.8003 and bid packet, call : Above properties sell: Inspections: 1-4pm Sun May 11:15am, Thu., May. 15th 4th and 11th and 2 hrs prior to 248.540.1000 at 2740 Plum Creek Dr, sale time. Cam McCausland or Len Tosto OAKLAND TWP, MI Sells: 12:30pm, Fri., May. 16th

Williams & Williams www.colliers.com/detroit DETROIT BUSINESS MAIN 05-05-08 A 32 CDB 5/2/2008 11:39 AM Page 1

Page 32 CRAIN’S DETROIT BUSINESS May 5, 2008 REAL ESTATE BUSINESS DIARY INDUSTRIAL PROPERTY INDUSTRIAL PROPERTY INDUSTRIAL PROPERTY ACQUISITIONS lion units. It is to create about 200

a jobs. AVAILABLE NOW AxleTech International, a Troy-based FOR LEASE Pontiac, Michigan automotive supplier, has acquired De- 4,000 to 100,000 sq. ft. troit-based brake maker Truck Trailer LITERATURE Premier Industrial Space Warehousing or Also 10,000 & 25,000 sq. ft. Manufacturing Transit for an undisclosed amount. Honigman Miller Schwartz and Cohn Free Standing Bldgs w/truckwells. AxleTech is owned by private-equity L.L.P., Detroit, has released the second 5,000 to 200,000 sq.ft. firm The Carlyle Group. Annual rev- edition of its Roadmap to Business 1 Mile from Metro Airport enue for the firm’s portfolio totals for lease Success in Michigan handbook. It of- REA CONSTRUCTION more than $30 billion. Interior Truck wells fers Michigan business owners and Detroit-based law firm DeWitt, Balke (734) 946-8730 entrepreneurs explanations of the and grade level doors & Vincent P.L.C. has been purchased Also Heavy Industrial new Michigan Business Tax and the below market rates by San Francisco-based Littler Land Available latest business incentives. For a copy, 12000-12096 Merriman Rd • Livonia, MI Immediate Occupancy Mendelson P.C. and will serve as its www.reaconstruction.net Detroit office. call (800) 970-7555, ext. 3727. •4,000 to 80,000 SqFt Available 313-835-2485 •Excellent Warehouse/Distribution Facility Best deal in town! CONTRACTS MOVES •Conveniently Located Near I-96 and I-275 MISCELLANEOUS

a Ironworkers Local 25 Training Center, •Multiple Truckwells and Overhead Doors Gary May, a Royal Oak-based director- REAL PROPERTY TAX APPEALS producer, chose Communicore Visual serving union members and contrac- •Trailer Storage Possible OFFICE BUILDING As the Michigan real estate market continues to face Communications, Birmingham, to tors, has opened at 50490 W. Pontiac •Best Lease Rates Starting at $3.50/SqFt challenges, commercial property owners may be able provide production and post produc- Trail, Wixom. Telephone: (248) 960- For More Info Please Contact: to successfully challenge the tax assessments of their properties. Our law firm is experienced in all aspects Real Estate Advisors tion for “King of the Road.” The video 2130. Phil Konopitski of the real estate tax appeal process. The filing was shown during the Ford Parts and [email protected] deadline for commercial property tax appeals is May 248.848.4127 34975 W Twelve Mile Rd Buckingham Office Park Service dealer convention in March in 248.848.4127 Farmington Hills, MI 48331 31, 2008. For a free consultation, contact attorney John Premo at Kickham Hanley, P.C. 29105-29240 Buckingham Atlanta and featured an interview www.friedmanrealestate.com at 248-554-6300 f67 with Carroll Shelby. 1 block North of Schoolcraft, in Livonia COMMERCIAL PROPERTIES J.S. Vig Construction Co., Taylor, has CAREER Now Leasing retained Identity Marketing & Public Prime Medical & General Office Suites Relations, Bingham Farms, to provide Commercial - For Sale marketing and public-relations sup- ▪ 1,000 - 14,000 sq. ft. 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May 5, 2008 CRAIN’S DETROIT BUSINESS Page 33 Beaumont weighs Cullen’s move raises speculation on new role, successor

choices after BY RYAN BEENE formed to consolidate all of Prechter’s busi- tate for the automaker since January 2006, AND ROBERT ANKENY ness ventures, including a real estate group, a when he took over after Doug Rothwell left to CRAIN’S DETROIT BUSINESS newspaper company, home building compa- head Detroit Renaissance Inc. proton-beam ruling nies in Florida and Michigan, and a cattle Another Cullen colleague whose public pro- When Matt Cullen joins Quicken Loans Inc. in ranching operation in the Texas Panhandle. file may rise is Conrad Schwartz, GM’s direc- BY JAY GREENE June as president and COO of a yet-to-be-formed Treadwell described his role as “the imple- tor of asset management. His community CRAIN’S DETROIT BUSINESS holding company called Rock Enterprises, he will menter” of Prechter’s leadership at Prechter work included serving on the City of Warren Re- be charged with overseeing a vast and diverse Holdings, managing all Prechter’s enterprises development Commission for the Detroit Tank Ar- William Beaumont Hospitals is business portfolio. as a portfolio. senal in the mid-1990s. weighing its options after the state “My role is to augment As COO of Rock Enterprises, Cullen will Cullen’s 29 years at GM were spent working Certificate of Need Commission voted Dan (Gilbert) and his array head the operation of the “umbrella entity first on real estate, then on broader issues, 10-0 on Wednesday to change CON of assets,” Cullen, former formed to provide operational coordination, keeping GM’s Detroit-area presence strong. rules to require a single statewide general manager of the Eco- guidance and integration,” for Gilbert’s enter- Cullen oversaw the auto company’s eco- collaborative of hospitals to build nomic Development and En- prise and investment portfolio, according to nomic development plans as general manager and operate an estimated $160 mil- terprise Services group at an April 28 Quicken Loans statement. of the Economic Development and Enterprise lion proton-beam therapy center. General Motors Corp., told Gilbert’s portfolio includes businesses such Services group since 2002. He engineered the In February, Beaumont filed an Crain’s on April 28. as Quicken Loans, Rock Financial, the Cleveland 1996 acquisition of the 5.5 million-square-foot application with the state Depart- First, Cullen will oversee Cavaliers NBA basketball team and Fathead Renaissance Center, replacing the historic ment of Community Health to build a Cullen Quicken’s move from Livo- L.L.C., the Livonia-based maker of life-sized GM Building as the corporation’s global head- proton-beam center in a joint ven- nia to downtown Detroit. He will have until wall graphics of popular sports figures and en- quarters. ture with a for-profit company. November to choose a site in Detroit’s central tertainment characters. Cullen played a leading role in the $500 mil- One option: Beaumont hopes to business district. While cautious about drawing a comparison lion transformation of the RenCen and sur- persuade Gov. Jennifer Granholm But just how Cullen will execute his duties between his experiences and what Cullen rounding property, and he co-chairs the Detroit to veto the rule change. Another is as a right-hand business development man for could face, clarity of purpose is important for Riverfront Conservancy. to wait and see if the collaborative his new boss, Quicken Loans Inc. Chairman Dan success, Treadwell says. Their work to revitalize the riverfront is fails to meet several deadlines set Gilbert, is still unclear. “Any time you are forming, starting or cre- well under way, with the RiverWalk and a 30- by the CON Commission. “It depends on what Mr. Gilbert wants him to ating a new position within an organization, acre state park. If the collaborative fails to sub- do and what the direction of the company is,” the most important thing is to make sure there Among Cullen’s other community board mit a workable business and finan- said David Treadwell, president and CEO of is a lot of clarity around what the position is, and commission stints, he has chaired the cial plan by Sept. 16, the commis- Inkster-based manufacturer EaglePicher Corp. what your responsibilities are, what your au- Michigan Economic Development Corp., the Metro sion could start the process to “Without knowing that, you really can’t say.” thority is,” he said. Detroit Convention and Visitors Bureau, and the amend the rules, which would al- Treadwell speaks from experience. When Cullen leaves GM, the automaker will Detroit Downtown Partnership; he has served on low Beaumont to proceed. He faced similar uncertainties when he was lose the man who for almost a dozen years has Detroit’s Downtown Development Authority. “We believe the collaborative named president and CEO of Prechter Holdings been its public face on real estate and develop- Robert Ankeny: (313) 446-0404, approach is doable within the time Inc. in 1997. Treadwell began his career with ment issues in Detroit and the region. [email protected] frame,” said Dr. Benjamin the late Heinz Prechter in 1984. One possible GM successor is John Blan- Ryan Beene: (313) 446-0315, Movsas, chairman of radiation on- Prechter Holdings, Treadwell said, was chard, executive director of worldwide real es- [email protected] cology with Henry Ford Health Sys- tem in Detroit. Last week, CEOs from the collab- orative spoke in a conference call. They decided to appoint the Universi- MIST Innovations among ty of Michigan Venture-capital forum Health System as the lead hospital. those pitching for funding However, CEO Ken Matz- BY TOM HENDERSON helped develop a business plan. ick said Beau- has room for optimism CRAIN’S DETROIT BUSINESS Tom Anderson, senior direc- mont should be tor at Automation Alley, liked the Detroit-based MIST Innovations the lead because BY TOM HENDERSON Ⅲ The push for green technology. company so well that the orga- Inc. is one of 30 companies that it has spent two CRAIN’S DETROIT BUSINESS If Michigan is seen as the epicenter nization made an equity invest- will be making pitches for mon- years planning of much that is bad with the auto ment of $250,000 early last year David Brophy, an associate pro- ey at the 27th Michigan Growth and has the best industry, it is also seen as the epi- to fund early product develop- Matzick Capital Symposium in Ypsilanti chance of offer- fessor of finance at the University of center for curing those ills, thanks ment and move the company on May 14-15. ing services to patients by 2010. Michigan and director of the to research by the Detroit 3, the downtown from its tiny office in MIST — which stands for mo- Matzick expressed serious school’s Center for Venture Capital state’s research universities and Southfield. doubt the collaborative talks will and Private Equity, doesn’t see a innovative local companies, such bility, information, security “That was make-or-break lead to anything. light at the end of the venture-cap- as Energy Conversion Devices. and technology — got its first funding,” said Cross. “If they “They have never attempted ital tunnel at the approach of the Organizers expect more than round of venture capital last didn’t get it, they probably anything as expensive or complex 27th Michigan Growth Capital Sympo- 400 to attend the symposium, in- fall. The company makes hard- would not be around today.” as this with this many players at sium at the Marriott Resort in Ypsi- cluding representatives from ware and software that feeds Cross then introduced the co- the table,” he said. lanti May 14-15. about 65 VC firms, private-equity live video on demand from sur- founders to David Morris, co- The nine eligible hospitals for He sees a big boat with a small firms or banks. Attending out-of- veillance cameras at businesses founder and managing director the collaborative are Henry Ford paddle. Over the years, getting the state financial firms include such to the cell phones of owners or of Detroit-based Oracle Capital Health; Karmanos Cancer Institute; state to move from its reliance on heavyweights as Boston-based Ox- executives. Partners L.L.C., a venture-capital University of Michigan Health the auto industry to new technolo- ford Bioscience Partners, California- MIST, based in downtown De- firm that targets minority- Pinnacle Ventures System; St. Joseph Hospital, Ann Ar- gies “was like turning the Queen based , Califor- troit, has begun to sign cus- owned firms. nia-based InterWest Partners L.L.C., bor; West Michigan Cancer Center, Mary with a canoe paddle.” tomers and generate revenue Morris closed last October on Massachusetts-based Flagship Ven- Kalamazoo; Great Lakes Cancer In- “But we’re getting her turned. but needs further funding for a first round of venture fund- tures, San Francisco-based Nth stitute–McLaren Campus, Flint; We’ve got the energy and the will product development, hiring ing. He wouldn’t disclose the Power, and New York-based Credit Genesys Hurley Cancer Institute in and the desire. We’re making good amount but said a typical in- Suisse First Boston. and getting to the point where it headway.” vestment by his firm is from $2 Grand Blanc; and Beaumont’s two Thirty companies will make for- is making a profit. Brophy, who founded the first million to $3 million. hospitals in Royal Oak and Troy. mal presentations, including 20 That’s where two days of Oracle’s funding grew the The hospitals were chosen based symposium in 1979, said reasons from Michigan. (See story, right.) hands-on access to venture cap- company from two employees on whether they met a minimum to think the state is finally reach- The rest are from Indiana, Ohio, italists comes in handy. to 18 — most of them engineers threshold of 30,000 advanced radia- ing critical mass when it comes to Illinois or Wisconsin. Three are in Terry Cross, executive in res- in product development — with tion treatments per year. growing new, innovative compa- energy, 16 are in IT-related tech- idence for entrepreneurship at For now, Matzick said, Beau- nies include: nologies and 11 are in life sciences. Wayne State University and a lo- plans to have 30 by year’s end. mont will continue discussions Ⅲ New sources of funding, such Ten are seeking seed funding, 11 cal angel investor, is chairman MIST’s founders also hired with other hospitals. However, as the state-supported $95 million seek initial large rounds of ven- of the board at MIST. He was in- CEO and President Larry Smith Matzick said it would not file a Venture Michigan Fund and the $109 ture capital, and nine are seeking troduced to company founders and funded the build-out of lawsuit to reverse the rule change. million 21st Century Jobs Fund; new second rounds of VC. Marquis Coleman and Terrance their downtown headquarters “We’re trying to speed the funds launched recently by area A record 26 firms and organiza- Moore in February 2006 by a and research lab. process up, not slow it down,” Matz- VCs; and the opening of local of- tions are sponsors, including a mutual friend. At the time, MIST now has five beta sites, ick said. “Lawsuits are expensive fices by out-of-state VCs such as handful from out of state. MIST was called SecureCom where its servers demonstrate and protracted for all involved.” Wisconsin-based Venture Investors Register online at www.michi- Technologies and had no employ- proof of concept, including the If the CON rule change is un- L.L.C., which recently closed on a gangcs.com. Fees are $75 for stu- ees. IT center for the city of Pontiac. challenged by the Legislature and deal to invest $2 million in Tissue dents, $295 for academics and $495 Today, Coleman is chief tech- The company has a joint mar- not vetoed by the governor, it be- Regeneration Systems Inc., a biotech for general attendees. Registra- nology officer, and Moore is in keting agreement with Verizon comes effective around June 15. spin-off from UM. tion also is available on site. charge of sales and marketing. Wireless. Jay Greene: (313) 446-0325, Ⅲ Some institutional history, fi- Tom Henderson: (313) 446-0337, Cross began introducing Tom Henderson: (313) 446- [email protected] nally, of venture capital locally. [email protected] them at networking events and 0337, [email protected] DETROIT BUSINESS MAIN 05-05-08 A 34 CDB 5/2/2008 6:41 PM Page 1

Page 34 CRAIN’S DETROIT BUSINESS May 5, 2008 Esperion: Buyback ■ From Page 1 cal trials. “I wish I had made the move to Leonard & Company sooner. Pfizer retained an equity stake In this work environment, I have the research, technology, in the divested company and kept Rebirth adds amenities, and freedom necessary for me to best meet the some of the compounds in Esperi- financial needs of my clients.” on’s former portfolio of choles- terol-fighting drugs. wet lab space — Bill Turner, Leonard & Company, Troy Newton, CEO and president of the new Esperion, said he and nine employees, all formerly with Pfiz- for startups er, will be headquartered for now BY TOM HENDERSON in the former Esperion facility in CRAIN’S DETROIT BUSINESS Plymouth Township at Beck Road At Leonard & Company… and M-14. Economic development offi- Newton said he is negotiating cials in Wayne and Washtenaw with Pfizer, which owns the build- counties hope that Roger New- ing, to keep the company there per- ton’s purchase of Esperion Thera- …we listen to our brokers. And our brokers listen to their clients. manently. He said that even if he peutics Inc. from Pfizer Inc. will has to move, Esperion will remain provide much needed wet lab Leonard & Company is Michigan’s largest independent brokerage firm. in the area. space to startup biotech compa- Newton said that since the Pfiz- nies. We are a regional investment firm with an entrepreneurial environment that very er facility in Plymouth Township Michael Finney, president successful brokers want and need — a comfortable, stress-free atmosphere where they can was closed in May — about 60 were and CEO of Ann Arbor Spark, said experience independence, build their business, and best serve their clients. employed there and about 2,100 at he and Mulu Birru, director of another facility in Ann Arbor — economic development for We provide the finest amenities and the latest in research and technology, with securities he and a guard have been the only Wayne County, have been talk- carried by RBC Capital Markets, one of North America’s largest financial institutions. tenants of the building. ing to Plymouth Township offi- “What motivates me is I like to cials and officials from the build. I like to create something Michigan Economic Development that has value,” he said. Corp. to help get tax abatements Newton said that the new Espe- for Esperion. rion got control of a series of com- The sale of Esperion was an- pounds and will pursue develop- nounced Thursday. Newton ment of a small molecule that told Crain’s Friday that the 7EST,ONG,AKE2OADs3UITEs4ROY -)s   inhibits the creation of fatty acid company will be headquartered WWWLEONARDANDCOMPANYCOM and cholesterol synthesis. He de- for now in its former location in clined to predict a timetable for tri- Plymouth Township, at the -ICHIGAN #ORPORATE(EADQUARTERSˆ4ROY"IRMINGHAM'RAND2APIDS'ROSSE0OINTE&ARMS3TERLING(EIGHTS als or getting to market. western edge of Wayne County, #OLORADO.EW9ORK “We’ve only been a company for at Beck Road and M-14. He said negotiations are un- © copyright 2008, Leonard & Company three days. I can’t give that a shot now. I’d rather underpromise,” he der way to make that the per- said. manent location. Newton said the company has “We’ve been working collab- already begun trying to license or oratively the last few months acquire other drugs to fight cardio- on this project,” said Finney, vascular and metabolic diseases. referring to Ann Arbor Spark He declined to say from whom. and Wayne County develop- “We want to build another port- ment officials. folio of compounds,” he said. Newton is a member of He said that he began negotiat- Spark’s board of directors. ing with Pfizer late last summer af- Finney said the facility is ter “I began to think, ‘Why not try about 60,000 square feet, more to get at least one of my com- than Esperion needs now, and pounds back out of Pfizer and that arrangements are being worked out for emerging make it the cornerstone of Esperi- biotechs from both counties to on?’ ” he said. use the existing wet lab space “This was the first divestment and the building as an incuba- Pfizer has done in the U.S., and it tor. took a lot longer than I expected. We “This is a very useful build- had to persevere to be successful.” ing for developing a life science In March, Pfizer told analysts it corridor and developing a would not be bringing any more Es- group of life science compa- perion products to market. Newton nies,” said Birru. said that even though Pfizer has no The lack of wet lab space in plans for those compounds for now, Southeast Michigan has long the cost of getting control of all his been an issue for new biotech former portfolio of compounds companies. would have been prohibitive. Tom Henderson: (313) 446- “Pfizer’s contribution to the for- 0337, [email protected] mation of the new Esperion shows the company is embracing new strategies to refocus its R&D and trial duties. create value,” said Martin Mackay, Joining in the Series A funding president of global research and de- round were Ann Arbor-based Ar- velopment for Pfizer in a posting on boretum Ventures, New York-based Pfizer’s Web site Thursday. Aisling Capital, San Francisco-based Before he founded Esperion, Alta Partners and New Jersey-based Newton was chairman of the team Domain Associates L.L.C. at Parke-Davis that developed the Newton said a Series B round cholesterol-fighting drug Lipitor. would be needed before Esperion Parke-Davis was bought by Warner- brought any products to market. Lambert, which in turn was bought “There is definitely going to by Pfizer. Newton serves as a wit- ness in lawsuits involving the have to be more financing. This is drug with generic-drug makers. capital-intensive work,” he said. Until July, Newton had been se- He said he is discussing possible nior vice president of global re- tax abatements and other support search and development at Pfizer with local and state officials. and director of Esperion Thera- “We’re going to go after every peutics, which retained that name incentive we can,” he said. as a subsidiary. At that point, he Tom Henderson: (313) 446-0337, became a contractor focusing on [email protected] DETROIT BUSINESS MAIN 05-05-08 A 35 CDB 5/2/2008 5:13 PM Page 1

May 5, 2008 CRAIN’S DETROIT BUSINESS Page 35 Kensington: Raising megabucks ■ From Page 3 Its growth is prompting expansion beyond its main overall dollar total (from the campaign), we couldn’t campus in Troy and satellite locations in leased high be happier about the level and amount of participa- school auditorium space in Rochester Hills, Clinton tion,” he said. Township and Birmingham. Times are still hard, but his leadership in the cam- Kensington is operating on a budget of about $10.65 paign and the cause are moving members to make sac- million this year, up from about $4 million in 2000, rifices, he said. One couple decided to forgo a kitchen Gibbs said. renovation to make the three-year pledge. Another cou- While the church collects about $10 million annual- ple decided to sell a portion of the husband’s gun collec- ly from its members, it needs additional support to tion and the wife’s diamond engagement ring. meet its local, national and international expansion “If you’re going to try to raise a bunch of money in the goals, he said. church, your message has to be clear, compelling and The pledges its members made in March will fund heartfelt so it really connects with somebody who’s construction of a new 72,000-square-foot church build- making a very spiritually led decision,” Gibbs said. ing with a 623-space parking lot on the southwest cor- By communicating the church’s belief that the mater- ner of Dutton and Bald Mountain roads in Auburn ial wealth members have is God-given and that mem- Hills and a number of other things, including technol- bers are only stewards of it, Kensington and other ogy upgrades at all campuses, an expansion of the bal- churches are able to tap their willingness to give, Gibbs cony and lobby in the Troy auditorium, the addition said. of more entrances, another staircase, a mezzanine- “Most people regard charitable contribution as a nice level bookstore and café and a welcome center. thing … as a tax write-off. … We would say this is differ- Additionally, the campaign will support construc- ent. We would say this is stewardship development.” tion of medical centers with partners in Africa and In- Once people accept that idea, “I don’t have to con- dia and the establishment of a new “church plant,” or vince anyone of anything or beg them,” he said. affiliate, in New York this summer. NorthRidge Church in Plymouth, another Kensington wants to start 80 new churches by 2020 by megachurch with attendance of nearly 12,000 people establishing 40 that establish another on their own. at services on any given Sunday, hasn’t yet hired a de- To fund such plans, the church asked members to velopment director. make three-year pledges above their normal annual But it’s using many of the same techniques that giving. And they responded, in spite of the economy. Gibbs has brought to Kensington — a fundraising Kensington’s most recent campaign — which took model that emphasizes strong marketing or “vision place over months rather than years and collected casting” to build support for the work the campaign pledges primarily during a two-day period in March will fund, three-year pledges rather than outright — had brought in $19.4 million of its $25 million goal gifts, and a finite pledge period. as of May 1. The church had collected just under $1 Nearly 90 percent of the $14 million in pledges it million of that before then, through appeals to church took in during its $20 million campaign in 2004 have pastors and management. Since then, they have been paid, said Senior Pastor Brad Powell. brought in another $1.4 million. The campaign funded an 85,000-square-foot expan- The total pledges are up from the $13 million the sion for a children’s wing, a student ministry center megachurch brought in during its last campaign just and for life-development programs for adults, in addi- before September 2001. tion to parking and traffic projects. Kensington took in about 1,000 pledges in that cam- While technique has something to do with the rela- paign, and they honored about $10 million of those tive success of the campaign, there’s a much larger commitments after Sept. 11, Gibbs said. force at work, Powell said. This time around, in its third campaign since its 1990 When 90 percent of pledges are kept, in spite of the founding, Kensington nearly tripled the number of economy, “that tells you it’s not connected to the pledges brought in during its 2001 campaign, Gibbs said. economy, it’s connected to values,” he said. “Even though the economy may have impacted the Sherri Begin: (313) 446-1694, [email protected] Schostak: Born into real estate ■ From Page 3 In 2003, the property was demol- outstanding leaders,” Bieri said. ished. It has been redeveloped full- THE SCHOSTAK STORY “Jerry is one of those.” circle back to a retail center similar Bieri, who has spent his profes- to its first life. Now named Wonder- Jerome Schostak,chairman sional career in the retail real es- land Village, it is anchored by a Wal- Schostak Brothers & Co., Livonia tate business, said it’s not the easi- Mart and has a Target and fast-casual est path, but Schostak has been a restaurants such as Noodles & Co. Early projects success. and other freestanding retail stores, Ⅲ Livonia Mall, Livonia; Macomb “It’s a business that requires such as Casual Male XL. Mall, Roseville creativity and relationships,” he The latest decisions on the prop- Ⅲ Wonderland Mall, Livonia said. “And he has the creativity erty were made by Jerome’s sons, and has formed the relationships running the business with his con- Recent projects to make it happen.” sultation. The day-to-day opera- Ⅲ Lofts at Merchants Row, Detroit Looking to the future, Schostak tions of the business were turned Ⅲ Highwood, a proposed $800 expects a strong business as over in 1995, with Robert handling million project in Northville in Robert’s 25-year-old son, Jeff, pre- overall operations and David over- partnership with REIS pares to join the company after he seeing legal and finance issues. Ⅲ Wonderland Village (redeveloped spends five years with another real Your next Client lives here. The two are co-presidents. Their Wonderland Mall), Livonia estate firm. He is currently working brother, Mark, runs the compa- for Urban Development in Chicago. Boss ny’s restaurant business, Team speak. You’re the head of the fami- Schostak offers the reminder that Job Schostak Family Restaurants, which ly. You’re saying, ‘Oh my God, what the real estate business works in cy- develops restaurants in the region. are we going to do now?’ cles. Opportunity Jerome Schostak still carries “There’s no master plan. You get “A wise man said to me that Employee the title of chairman for the Livo- enough earnings (to pay the bills).” when things are bad, you never nia-based company. Though he wasn’t thinking think they’ll get good again, but Looking back on the business, about where he’d be at 75, his drive the mistake we make when things he’s pleased with how it’s come to- and determination led Schostak are good is that we never think gether and meshed with his fami- Bros. to become one of the top real they’ll get bad again,” he said. ly. Asked if it has turned out ac- estate companies in the region. “Now that doesn’t mean people cording to goals set when he took it That’s why ULI chose him for its won’t get hurt along the way, be- over, a quizzical look comes back. Lifetime Achievement Award, cause they will be. The end of the “That’s a nice question,” he said. said Jim Bieri, ULI co-chair and world will not happen because of a “But when I took it over, it was all CEO of the Bieri Co., a Detroit- real estate downturn. Now if you about survival. You’re 28 years old, based retail brokerage. want to talk about politics ...” Click on www.econclub.org for you have a wife delivering a baby, a “The purpose is to honor people Daniel Duggan: (313) 446-0414, upcoming meetings. dad who just had a stroke and can’t in our community who have been [email protected] DETROIT BUSINESS MAIN 05-05-08 A 36 CDB 5/2/2008 6:42 PM Page 1

Page 36 CRAIN’S DETROIT BUSINESS May 5, 2008 Film: Incentives draw ‘gold rush’ of film-related work ■ From Page 1 on up to 42 percent rebates that filmmakers will get for working in the state. A BOON FOR BUSINESS SHOPPING FOR SOUNDSTAGES MICHIGAN FILM INCENTIVES That means for every dollar spent on qual- ified productions, filmmakers get up to 42 Businesses from a range of industries are The film business won’t just be crews How they work: cents back. ready to cash in on the film boom. Here are a working on specific movies or TV shows. Application and $100 fee submitted to few of the beneficiaries: That’s allowed Grace & Wild HD Studios in Real estate sources say major production Michigan Film Office. Farmington Hills to bid against Hollywood The Detroit Marriott at Renaissance Center companies such as Warner Bros. have been Approval comes from film office and state is chasing a deal to get the accommodations on the film processing work for the upcom- looking at some of the area’s obsolete treasurer. for a TV pilot that could mean 3,500 total manufacturing and industrial buildings as ing two-hour television pilot “The Saint,” a room nights over the course of two months, Must spend at least $50,000 in Michigan. remake of a Roger Moore series to be filmed possible sites for production facilities, said Judy DuFour, director of sales and soundstages and other permanent 40 percent cash rebate on Michigan this month in Detroit. marketing. The hotel would structures. expenditures. Such work typically earn $500,000 in revenue ■ An extra 2 percent rebate if the company costs $120,000 to $150,000, for the piece of business. Jon Savoy, president of the Novi office of Lee & Associates, said several brokers on his films in one of the 103 “Core Communities,” said Ginny Hart, vice pres- For perspective, the North staff are working with people in the film which include Detroit and many local ident of sales at Grace & American International industry interested in space. suburbs. Wild, which has the state’s Auto Show means 4,000 total room nights for the Typically, the companies are looking for Labor and crew: 40 percent to 42 percent only film lab. The compa- property, though over a industrial buildings with high ceilings, limited rebate on salaries for Michigan residents, 30 ny’s stage has been put on shorter amount of time. columns and space of 50,000 to 200,000 percent for nonresident salaries. hold for DreamWorks’ “The “It’s the size of a square feet or even bigger. A cap of a maximum $2 million salary per Siege of Fullton Avenue” convention,” she said. “What they’ve been looking for is very employee. movie drama set for a 2009 Demand for apartments specific,” he said. “It’s hard to find those There is no other cap and no sunset. release. in Royal Oak has buildings in the area.” The new film laws also establish a low- “We’re getting calls skyrocketed. Royal Oak- Buildings that have caught the eye of Los interest loan program ($500,000 to $15 right now on prices,” she based Urbane Apartments million per production) and an infrastructure Inc. has signed 20 Angeles: said. “This is going to be tax credit (25 percent of base investment) as very good for us.” apartments for lease to The temporary MGM Grand Casino in Detroit, recently abandoned when the casino well as a workforce development tax credit The incentives have the film industry in the next few months. took over its new $800 million facility. (50 percent of training expenses) for hiring Southfield-based Milagro and training current Michigan crew members. Post Inc., which does post- The company has teamed Russell Industrial Center, with 2 million with Tampa-based Source: Michigan Film Office production work, prepared square feet of space. It has the “gritty” corporate housing cachet to be interesting and plenty of vacant to delve into feature-length placement firm Leading space to keep it cheap. tive commercial work, expects to benefit film work, said company Apartments, which can’t from the incentives, but not right away. President Michael Suggs. find enough apartments to “There’s a lot of interest from our clients Milagro typically does commercial work, place film industry people locally. on how we can take advantage of these op- but it has the capability for Hollywood-style “We’re working with another production right jobs, Suggs said, and production houses now, and they want 60 to 75 apartments in portunities, and if we can draw business such as L.A.-based Porchlight Entertain- Troy,” said Barbara Hale, director of sales from other states,” August said. “This will ment Inc. have been out to tour Milagro’s fa- and marketing. “You just don’t find this kind develop a little more slowly for our busi- cilities recently. of business normally.” ness. As a commercial company, we have to “It’s going to supplement our commercial Film industry suppliers stand to benefit. see how the incentive thing plays out.” work,” Suggs said. “It’s another revenue Troy-based Great Lakes Multimedia Supply Inc. In Los Angeles, the incentives are playing stream for us, is how we’re looking at it.” got an order Thursday for $30,000 worth of out with plenty of jealousy. high-definition tape for a production coming to The boon isn’t just in film, however. Michigan because of the incentives, President On April 10, the Association of Film Commis- Most commercial real estate brokerages Robb Taylor said. The company is boosting its sioners International held an exposition for are taking film executives around town. Old inventory of production-quality tape in 25295 Guenther Drive in Warren, a former states to promote themselves to filmmakers. warehouses will be used as production sets anticipation of coming demand, he said. warehouse for Federated Department Stores California officials called the event “the or as part of the infrastructure for sound- “I’m surprised how quickly it’s happened,” he Inc., has been toured by film executives. The poaching convention” in a story published stages, animation houses or post-production said. “We weren’t sure how that ball was building is 211,000 square feet, according to in The Los Angeles Times the next day. studios. going to bounce.” Maryland-based research firm CoStar Group. While there may be excitement in Michi- Hotels, restaurants and catering compa- Last year was the worst in Farmington Hills- gan now, the question is how much money nies are all expecting an influx of work as based Stratton Camera Inc.’s 25 years will be used to promote other long-term in- are entertainment lawyers. history of renting cameras, owner Lon dustries in Michigan, said Oakland County And new businesses are forming to lay Stratton said, but the incentives have already the groundwork for business deals. turned that around. “We’ve been Executive L. Brooks Patterson. Jeff Spilman, a Farmington Hills native, overwhelmed,” he said. “There’s no question, if a refund for the opened a Troy office for Los Angeles-based Stratton rented cameras to the first two cost of investing in a movie can be this S3 Entertainment Group. The company pairs productions qualified for the incentives, a much of a stimulus, then why not use the Saturn commercial that switched to Detroit West Coast producers with Michigan talent same stimulus for alternative energy or from L.A., and an independent film in and equipment and has already been hired 1578-1728 Howard St. in Lincoln Park, with nanotechnology?” he said. Saginaw. 277,000 square feet for sale at $1.2 million, by three productions. “There are a lot of sectors we’re prepared Stratton plans to spend $250,000 in new according to CoStar. The building has also They formed a five-pronged business, equipment and expects his business to been toured, sources say. to move into that are languishing because each partnering with a local company. double in the next year. “The calls are — Daniel Duggan they don’t get the same stimulus activity,” S3 teamed with Royal Oak-based Avalon continuously coming,” he said. Patterson said. Films Inc. to form Michigan Film Production Ser- Farmington Hills-based Yessian Music Inc., you’ll come up with states like New Mexico, Some even express alarm at the new film vices L.L.C., which will provide filmmakers which has offices in Los Angeles and New Louisiana, New York. You won’t come up bills. with local equipment, soundstages and York and whose clients include the with Mississippi,” Dickerson said. “Because David Zin, an economist with the nonparti- crews. automakers and brands such as Pepsi-Cola they had the incentives but never developed san Senate Fiscal Agency, who analyzed the in- They teamed up with Julie May, founder Co., is mulling expansion and adding staff here because of the incentives. the infrastructure. That’s what we want to centives for the legislature, said they’re little of Southfield-based Integrated Tax Strategies, provide.” more than a subsidy for the film industry. to form Michigan Tax Credit L.L.C., a consult- “I’ve been getting calls from clients in L.A., Larry August, one of “Should we give subsi- ing firm to specifically advise producers New York, Chicago and Atlanta,” said Brian Avalon’s owners and a di- dies to a bunch of Califor- about the state’s film incentives. Yessian, the company’s executive creative director. The company has studios in rector, said out-of-state pro- nia filmmakers or should Spilman also joined with Southfield-based Should we give Farmington Hills and Royal Oak, and it is ductions will have to bring “ we subsidize Ford? That’s a Cadillac Travel Group to offer travel services bidding on a couple of films coming to in infrastructure and subsidies to a bunch policy question,” he said. through Michigan Film Travel Inc. Michigan, Yessian said. equipment in the mean- He worries that if several “Since this is a Michigan-based company, Anticipating a need for trained people, time. of California they can get the 40 or 42 percent rebate on large productions come to demand will be an expected boon for Michigan also lacks Michigan, the state could their travel,” he said. “You don’t get that if Southfield-based Specs Howard School of crews with lots of feature filmmakers or you book through Expedia, for example.” find itself spending much Broadcast Arts, which turns out entry-level film credits on their re- S3 is also creating a specialty insurance production assistants and has a number of should we subsidize more than it expected. sumes, he said, so people company and a film training school, grads working in Hollywood. “It could be a big money here will be scrambling to Spilman said. “I anticipate we will have everyone from talent Ford? That’s a loser or a small money los- Larry Dickerson, a partner in S3, special- agencies to post-production companies get work on the smaller er,” he said. “Even if the izes in finding locations for productions. He wanting to hire people. Internships will be noncommercial produc- policy question. tax liability is there (for the and Spilman worked in Mississippi right af- great,” said Dick Kernen, the school’s vice tions that come in. ” films), the credit is going to president of industry relations. “There’s ter that state passed film incentives. And “It’s a little bit of a gold David Zin, Senate Fiscal Agency dwarf it.” gonna be a scramble. We could not be more while there was a short bump in economic thrilled.” rush here among people in Daniel Duggan: (313) 446- impact, the jobs didn’t stay, he said. — Daniel Duggan, Bill Shea the business,” he said. 0414, [email protected] “If you Google film incentives right now, Avalon itself, which does a lot of automo- Bill Shea: (313) 446-1626, [email protected] DETROIT BUSINESS MAIN 05-05-08 A 37 CDB 5/2/2008 5:14 PM Page 1

May 5, 2008 CRAIN’S DETROIT BUSINESS Page 37 Green: Execs back spending if it yields returns www.crainsdetroit.com EDITOR-IN-CHIEF Keith E. Crain ■ From Page 1 PUBLISHER Mary Kramer, (313) 446-0399 or [email protected] any increase to her energy bills to pay for it. mandates for renewable energy, citing the EXECUTIVE EDITOR Cindy Goodaker, (313) 446- Some 90 percent of respondents favor the problems with federally mandated and sub- 0460 or [email protected] SURVEY HIGHLIGHTS MANAGING EDITOR Andy Chapelle, (313) 446- idea encouraging alternative energy as a sidized ethanol fuels driving up food costs 0402 or [email protected] major new industry in Michigan, including and yielding less energy than gasoline. ASSISTANT MANAGING EDITOR/FOCUS Jennette Brownfields Smith, (313) 446-1622 or [email protected] 67 percent who called it a “very good idea.” “Other than atomic, the alternative-energy 71 percent favor a ballot proposal that would BUSINESS LIVES EDITOR Michelle Darwish, (313) But respondents were more divided on stuff doesn’t seem to work that well,” he said. 446-1621 or [email protected] authorize the sale of $1 billion in public bonds to pay COPY DESK CHIEF Gary Piatek, (313) 446-0357 raising their electric bills to fund develop- “I don’t have a windmill in my backyard in for contaminated site cleanup. However, only 42 or [email protected] ment of alternative-energy sources or to Harper Woods, and I don’t think people are percent think the issue should be on the ballot this GRAPHICS EDITOR Nancy Clark, (313) 446-1608 or [email protected] meet a state mandate like the renewable-en- ready for a windmill over on Lakeshore (Dri- fall, while half say it should be another time. 77 COPY EDITOR Vic Doucette, (313) 446-0410 ergy standard legislation in Lansing. ve) to generate some of their electricity.” percent believe the money should be used solely for or [email protected] site cleanup and not include other purposes, such as DATA EDITOR Anne Marks, (313) 446-0418 or Only 45 percent of respondents were will- Some 68 percent of residents favor allow- [email protected] ing to spend 10 percent more on electricity to ing Michigan’s utility companies to develop land preservation. WEB GENERAL MANAGER Alan Baker, (313) 446- foster alternative energy, while 48 percent one or more new nuclear power plants to 44 percent believe standards for cleaning up 0416 or [email protected] WEB EDITOR Kevin Hill, (313) 446-0473 or were unwilling, and 7 percent were undecid- generate more electricity; but in the automo- contaminated sites should be revised and simplified, [email protected] ed. Of those who were unwilling or undecid- tive industry, 58 percent believe electric ve- while 37 percent believe they should not. WEB DESIGNER/PRODUCER Ai-Ting Huang, (313) 62 percent thought it is more important to spend 446-0403, [email protected] ed, however, about 29 percent were hicles can play no role or only a minor role RESEARCH ASSISTANT Joanne Scharich, (313) amenable to considering a 5 percent cost in- in lessening dependence on foreign oil. money to clean up polluted sites than it is to spend to 446-0419 encourage development of uncontaminated sites. EDITORIAL SUPPORT Anita Duncan, (313) crease, while 63 percent remained in the un- Renewable energy remains a contentious 446-0329 willing category. topic in Lansing. A bill calling for utility 65 percent agreed with using brownfield incentives NEWSROOM (313) 446-0329, FAX (313) 446- “They’re willing to pay something, at companies to create or buy 10 percent of to clean up obsolete manufacturing and commercial 1687 TIP LINE (313) 446-6766 least. In most of these responses we see an their energy from renewable sources by 2015 buildings to encourage redevelopment. REPORTERS Robert Ankeny: Covers the city of Detroit, Wayne interest in spending that makes some passed the state House in mid-April and is Energy and environment County government, and law. (313) 446-0404 or sense,” said Bernie Porn, president of Lans- now pending in the Senate. Proponents say [email protected]. 71 percent favored utilities developing the capacity ing-based Epic-MRA, which conducted the it could generate up to 8,000 jobs by attract- Ryan Beene: Covers auto suppliers, steel. (313) to generate about 10 percent of the energy they 446-0315 or [email protected] survey for Crain’s. “Businesses are saying ing a new growth industry to Michigan, produce from renewable sources. 45 percent were at Sherri Begin: Covers nonprofits and services. they are willing to pay a little more now on while detractors cite an adverse effect on en- (313) 446-1694 or [email protected] least somewhat willing to pay up to 10 percent more Daniel Duggan: Covers real estate and hospitality. something that would save them a lot of ergy bills. for electricity to accomplish this, while 48 percent (313) 446-0414 or [email protected] money later.” Richard Barr, law partner at Honigman were at least somewhat unwilling. 29 percent of those Jay Greene: Covers health care, insurance and the environment. (313) 446-0325 or Survey respondents also showed some Miller who had seen the survey results, said opposed or unsure about paying up to 10 percent [email protected]. willingness to spend more on lease costs or he was surprised to see the business commu- more would consider paying up to 5 percent more. Chad Halcom: Covers education, non-automotive manufacturing, defense contracting and Oakland construction for an environmentally friend- nity was within striking distance of a major- 68 percent favor the development of more nuclear and Macomb counties. (313) 446-6796 or ly, energy-saving building for their business ity to support paying for renewable energy, plants. [email protected]. Tom Henderson: Covers banking, finance, (56 percent to 38 percent, with 6 percent hav- since the term was virtually unknown in 58 percent said electric, battery-powered vehicles technology and biotechnology. (313) 446-0337 or ing no opinion), and favor some sort of tax Michigan a few years ago. are likely to play only a minor role in reducing [email protected]. Nancy Kaffer: Covers small business and retail. relief or rewards to companies that make He also said the brownfield bond support dependence on foreign oil. (313) 446-0412 or [email protected]. 60 percent favor state tax credits or other Bill Shea: Covers media, advertising and some effort to reduce greenhouse gas emis- was encouraging but that a real-world ballot marketing, entertainment, the business of sports, sions (60 percent in favor and 33 percent op- proposal would have to be clear on how the incentives to subsidize improvements that reduce and transportation. (313) 446-1626 or greenhouse gas emissions. [email protected]. posed, with 7 percent having no opinion). money would be spent to persuade voters. Nathan Skid: Multimedia reporter. Also covers the They were also significantly more likely State officials’ definitions of brownfield 56 percent were at least somewhat willing to pay food industry. (313) 446-1654, [email protected]. to back a bond proposal on a future election cleanups have changed over time, he said, as higher construction or lease costs so buildings can be LANSING BUREAU more environmentally friendly or energy efficient. Amy Lane: Covers business issues at the Capitol, ballot to raise $1 billion for cleanup on some economic redevelopment took on a greater telecommunications and utilities. (517) 371- contaminated sites if it didn’t increase taxes role. 5355, FAX (517) 371-2492, [email protected]. or The presidential election 115 W. Allegan, Suite 220, Lansing 48933. and responsible parties can’t be found (71 “What the voters have yet to see, and what ADVERTISING percent willing to 27 percent unwilling). the DEQ might want to be clear on, is what 59 percent believe the economy is the most important issue, followed by the war in Iraq (13 ADVERTISING DIRECTOR Marla Downs, (313) The state expects to exhaust its current do you mean by ‘brownfield’ for this propos- 446-6032 or [email protected] percent) and tax issues (12 percent). public funds for cleanup of environmentally al? Do you mean only using the funds for SALES INQUIRIES: (313) 446-6052; FAX (313) 62 percent favored John McCain over Hillary Clinton, 393-0997 contaminated sites such as brownfields by cleaning up contamination to the water sup- ADVERTISING SALES Jeff Anderson, Terri while 55 percent favored McCain over Barack Obama. Engstrom, Matthew J. Langan, Tamara Rokowski, the end of this year, and the Michigan Depart- ply or a health risk, or do you mean clearing Cathy Ross, Dale Smolinski ment of Environmental Quality has fielded the away old buildings in Detroit?” he said. The economy WESTERN ACCOUNTS Ellen Mazen (Los Angeles) idea of a $1 billion bond proposal to establish “That’s something the voters probably want (323) 370-2477 96 percent expressed dissatisfaction with the CLASSIFIED MANAGER Melissa McKay, (313) a new fund. clarity on before anything gets passed.” Michigan economy, including 79 percent who were 446-1692 Bob Queller of Harper Woods, former ex- Only 27 percent of survey respondents felt CLASSIFIED ACCOUNT EXECUTIVE Greg very dissatisfied. Evangelista, 313-446-1655 ecutive director of the Citizens Research Coun- that brownfield money and tax incentives 45 percent believe the state’s economy will stay MARKETING DIRECTOR Michelle Minor cil of Michigan in Livonia, said he was among should be used only for cleanup of polluted about the same this year, with the same percentage EVENTS MANAGER Nicole LaPointe those to lean toward voting yes on a brown- sites; 65 percent favored a more expansive believing it will get worse and 10 percent believing it MARKETING ASSISTANT Jennifer Dunn MARKETING ARTIST Sylvia Kolaski field cleanup bond proposal, but the big definition that would allow the cleanup of will improve. SALES SUPPORT Suzanne Janik, Andrea question mark is how the cash-strapped obsolete or empty manufacturing and com- 51 percent believe the housing market will stay Beckham, YahNica Crawford state would spend the money and whether it mercial facilities for redevelopment. about the same this year, while 42 percent believe it CIRCULATION Candice Yopp, Manager. PRODUCTION MANAGER Wendy Kobylarz has resolved its recent budget woes. Chad Halcom: (313) 446-6796, will get worse. Only 6 percent expect a recovery. PRODUCTION SUPERVISOR Larry Williams, He was more skeptical, however, of state [email protected] (313) 446-0301 SUBSCRIPTIONS (313) 446-0450, (888) 909-9111 TO FIND A DATE A STORY WAS PUBLISHED: (313) 446-0367 or e-mail the Crain Information Center at [email protected]. CRAIN’S DETROIT BUSINESS IS PUBLISHED BY CRAIN COMMUNICATIONS INC. Tacom: CHAIRMAN Keith E. Crain New leader to guide local expansion PRESIDENT Rance Crain SECRETARY Merrilee Crain ■ From Page 3 TREASURER Mary Kay Crain Executive Vice President/Operations fice that handles Mine Resistant Ambush Pro- from Illinois. my gets a vote (in that process),” he said. “Re- William A. Morrow Group Vice President/Technology, tected vehicles for the military to move into FCS’ Also moving into property across the street search and development is in a much faster Manufacturing, Circulation current office space on the Tacom grounds. from Tacom is Oshkosh Truck Corp., the Oshkosh, churn now based on new tactics we encounter Robert C. Adams Vice President/Production & Manufacturing “Right now, the move just means more breath- Wis.-based defense contractor that makes in the field. Instead of thinking a certain fea- Dave Kamis Corporate Director/Circulation ing room for our current operation (in FCS),” heavy trucks for the military and is a bidder on ture will get added in the third generation to a Patrick Sheposh Mehney said. “But there could be more positions the multibillion dollar Joint Tactical Vehicle product and waiting for that, we may take a G.D. Crain Jr. Founder (1885-1973) in that building later as some of our (projects un- project under development at Tacom. whole different direction before then based on Mrs. G.D. Crain Jr. Chairman (1911-1996) der development) move closer to production.” Oshkosh is the latest of several defense con- what the soldier is experiencing.” EDITORIAL & BUSINESS OFFICES: 1155 Gratiot Ave., Detroit MI 48207-2732; (313) The Army leased the 53,900-square-foot facili- tractors to move into space near Tacom. A veteran of Operation Desert Storm in 1991 446-6000 ty in Warren in January from First Industrial Re- Rockville, Md.-based BAE Systems recently an- and Operation Iraqi Freedom in 2003-04, he also Cable address: TWX 248-221-5122 AUTNEW DET Subscriptions $59 one year, $98 two years. Out of alty and is the first tenant there since Lear va- nounced it is hiring 460 people and investing said the Army has expanded its equipment state, $79 one year, $138 for two years. Outside U.S.A., add $48 per year to out-of-state rate for cated the building a year ago, said Jack Coury, $58.4 million to expand its land and armaments needs for soldiers due to hard lessons it learned surface mail. senior vice president of Southfield-based Grubb operating group in Sterling Heights. General Dy- meeting insurgents and improvised weapons in Reprints: For inquiries call the reprints department at: (800) 494-9051, Ext. 144 , or at & Ellis Co., which represented both parties. namics Land Systems is investing $10 million and Iraq and Afghanistan. [email protected] Mehney and Tacom Deputy Commander adding 300 jobs this year, with a total of 500 “At some point, after the completion of this CRAIN’S DETROIT BUSINESS ISSN # 0882-1992 is John Dugan said the Joint Program Office on over time, as it grows its Sterling Heights head- theater of war, we expect there will probably be published weekly except for a double issue the second week in August by Crain Communications robotics also has moved to Warren from quarters and leases space in Shelby Township. a ramp-down and a change of priorities, and we Inc. at 1155 Gratiot Ave., Detroit MI 48207-2732. Periodicals postage paid at Detroit, MI and additional Huntsville, Ala., and Tacom will absorb 1,100- West said the defense-contractor industry won’t always have the large budgets we’re deal- mailing offices. POSTMASTER: Send address plus positions from a separate facility at Rock has needed not only to grow in the war on ter- ing with right now,” he said. “But hopefully, changes to CRAIN’S DETROIT BUSINESS, Circulation Department, P.O. Box 07925, Detroit, MI 48207- Island, Ill., in Warren by 2011, under a 2006 com- rorism but to adapt at a faster pace. whatever else we change, at least that’s one les- 9732. GST # 136760444. Printed in U.S.A. mission report on base consolidation. “We always kept developing a product over son we don’t forget.” Entire contents copyright 2008 by Crain Communications Inc. All rights reserved. That could mean some new hires, depending time, with multiple generations and new tech- Chad Halcom: (313) 446-6796, Reproduction or use of editorial content in any on how many Tacom employees take transfers nology. The big difference now is that the ene- [email protected] manner without permission is strictly prohibited. DETROIT BUSINESS MAIN 05-05-08 A 38 CDB 5/2/2008 6:20 PM Page 1

Page 38 CRAIN’S DETROIT BUSINESS May 5, 2008 RUMBLINGS WEEK IN REVIEW FROM WWW.CRAINSDETROIT.COM, WEEK OF APRIL 26-MAY 2

live for young college grad- Springarn, said Spingarn News reported. uates, released recently by Judge releases now has 22 firm purchase General Motors Corp., Apartments.com and Ca- agreements with a dozen Ford Motor Co., Chrysler L.L.C. Superior Fish more “in the flow,” and he and Johnson Controls Inc. reerbuilder’s CBCampus. com job site. more Kilpatrick, expects sales to pick up with will provide Plastech Engi- The list is based on a improving spring weather. neered Products Inc. with a number of criteria, includ- The Watermark opened credit line of up to $87 mil- nets Wings ing the population of people Beatty text its marketing center late lion through Aug. 30 as it age 20 to 24, the number of last year, and the project works to reorganize under entry-level job openings got a nine-month extension Chapter 11 bankruptcy. suitable for new graduates messages on its agreement deadline The Detroit Riverfront and the average cost to rent from the EDC on Jan. 22. Conservancy was to open a n Tuesday, an 18- playoff payoff a one-bedroom apartment. new café and a bike rental page court docu- Philadelphia came in and service shop along the O ment containing ad- No.1 on the list, and Atlanta Granholm has surgery Detroit RiverWalk Friday. ditional text messages or Royal Oak’s Supe- Octopus-tossing is offi- came in at No. 10. Gov. Jennifer Granholm The University of Michi- between Detroit Mayor rior Fish, the Motor cially a no-no, said Lisa For the full list, visit faces a week in the hospital gan will be the lead institu- Kwame Kilpatrick, his former F City’s weirdest hock- Hickok, a public -relations www.career builder and probably another two tion in a five-year, $6.8 mil- Chief of Staff Christine Beat- ey tradition — octopus toss- coordinator for the Wings. college.com. weeks of recovery at home lion research grant from ty and other officials was re- ing — is a win-win situa- Violators, however, like- after undergoing emer- the U.S. Air Force Office of Sci- leased by Wayne County Cir- tion, with increased foot ly wouldn’t be asked to gency surgery Tuesday to entific Research to examine BITS AND PIECES cuit Court Judge Robert traffic, a minor bump remove an obstruction in heat transfer in engines and Colombo Jr., The Detroit in revenue and a Pear Sperling her small intestine, the As- electronic systems. News reported. whole lot of goodwill. Eggan & Daniels P.C., sociated Press reported. Automotive News re- The messages contradict In a typical week, Ann Arbor, and The 49-year-old governor ported Thursday that the sworn testimony that Kil- Superior Fish sells Honigman Miller was supposed to leave on an United Auto Workers is negoti- patrick and Beatty were not about 20 to 30 pounds Schwartz and Cohn, eight-day trade trip to Is- ating agreements with Ameri- having an affair and did not of octopus to its retail Detroit, are among rael and Kuwait on can Axle & Manufacturing Hold- fire then-Deputy Police clientele, at $3.95 per 49 law firms nation- Wednesday. The trip will be ings Inc. to close forge plants Chief Gary Brown. pound, and anywhere ally to be certified rescheduled, Granholm in Detroit and Tonawanda, They also allege that from 100 to 200 pounds by the American Bar spokeswoman Liz Boyd said. N.Y., and a third plant could to its wholesale cus- Association-U.S. Envi- then-Assistant Police Chief be closed, according to a re- tomers, said Kevin ronmental Protection Ella Bully-Cummings joined port from the UAW local in Dean, who co-owns the Agency’s Law Office Kilpatrick and Beatty in at- ON THE MOVE Three Rivers. tempting to change the store with brother Climate Challenge DeWayne Wells to presi- The Bank of America staffing of the Internal Af- David Dean. for efforts to pro- dent, Gleaners Community Charitable Foundation made a fairs Department without When the playoffs tect the environ- Food Bank of Southeastern $500,000 grant to Eastern the knowledge of then-Po- are in full swing, the ment by adopting Michigan, Detroit, from vice Market Corp. Thursday to lice Chief Jerry Oliver. retail octopus trade green business president of program ser- help renovate two sheds. Also: may spike to 100 practices. vices. He replaces Agostinho A group that wants to 36th District Court pounds on a home- W. Anthony Fernandes Jr., who is resum- recall Democratic House Judge Ruth Carter, then De- game day. Jenkins of Dickinson Speaker Andy Dillon. D-Red- Dominic Pangborn, president and CEO of troit’s corporation council, ing his career in commer- The octopus is hard- Wright P.L.L.C., De- ford Township, over his Pangborn Design Ltd. in Detroit, created this says in a text message men- cial food distribution in the ly the cash cow of the troit, has been nom- support of tax increases is mixed-media painting, “Yellow Poppies,” for the tioned in the court docu- Detroit area. sea — even with the Congressional Republican spouses’ 50th inated to serve on turning in signatures to ment that she knew of the playoff bump, octopus anniversary event on May 14 in Washington, D.C. the American Bar As- state elections officials, attempt to revamp the In- sales are only about The original artwork will be given to former first sociation’s 40-mem- OTHER NEWS hoping to get the issue on ternal Affairs Department. 0.5 percent of the lady Barbara Bush with limited edition prints ber board of gover- Gov. Granholm an- the August ballot, the Asso- Wayne County Prosecu- store’s total revenue, presented to Republican spouses. nors, with his nounced Monday that a ciated Press reported. tor Kym Worthy said she had Dean said. selection to be con- panel of eight will review Northville Downs and oth- witnesses who could authen- The octopus customer is leave. “I believe they would firmed during the 2008 ABA Pontiac finances and decide er state horse tracks filed a ticate the text messages, the easy to spot, Kevin Dean be warned,” Hickok said. annual meeting Aug. 7-10 in by June if the city needs a federal suit Thursday claim- Associated Press reported. said, normally shopping just Also verboten is octopus New York City. ing that casinos and state Also, Worthy on Friday ap- state-appointed emergency before close, often in a Red twirling, a crowd-pleasing NSF International, Ann lotteries are hurting their pealed a decision upholding financial manager. Wings jersey, occasionally a routine practiced in prior Arbor, has donated more business and that restricting 36th District Court judge Also, the governor on tad sheepish — and some- years by Zamboni driver Al than 1 million bars of soap installation of video lottery Ronald Giles’ ruling not to Tuesday vetoed funding to- times carrying the faint Sobotka. This year, the Na- to United Sisters of Charity, terminals and other gam- disqualify himself and the taling $1 million for the whiff of a cocktail or two. tional Hockey League has United Way and World Vision bling at the tracks violates entire bench from hearing Spark East incubator in Yp- Most of the octopuses in said Sobotka would be sub- for distribution at shelters the U.S. Constitution, the the criminal case against silanti and a proposed Ma- stock at Superior Fish are ject to a $10,000 fine for any throughout Southeast Associated Press reported. Kilpatrick. comb County incubator for small-fry, but there’s a 16- acts of cephalopod twirling. Michigan, West Virginia, The Detroit Zoo has be- Detroit City Council at- defense and homeland secu- pounder on display, and the Bronx and to HIV-AIDS gun selling general admis- torney William Goodman said rity, saying other funds are larger ones can be ordered caregivers in Zambia. Gene- sion tickets and parking Detroit No. 9 for grads he would issue recommen- available for the projects. quickly. The largest sis Service Associates in Ann passes online at www. dations this week on Wayne County Execu- cephalopod the Deans have Detroit ranked No. 9 on a Arbor is helping cover the detroitzoo.org. whether council can pro- tive Robert Ficano said Tues- sold weighed 70 pounds. list of the 10 best cities to cost of shipping the soap. Clarkston Financial Corp. ceed with efforts to remove day he expects Granholm to announced Friday that it Kilpatrick from office, the schedule a meeting for tri- has changed its stock sym- Associated Press reported. county leaders in this month to work out a solu- bol from CKSB to CKFC. It tion for the expansion of trades on the Over the Watermark gets $700K loan Cobo Center. Counter Bulletin Board. It Hear homegrown musicians’ homemade music also reported the reappoint- The $60 million Water- Also, Oakland County Ex- ment of two board members Studio time isn’t cheap, as you’ll basement of one member’s Ferndale mark condominium project ecutive L. Brooks Patterson discover when reading about the local home. The pop duo edited the drums to three year terms, William in Detroit’s Chene West has begun to tie his support music industry in this issue’s and added instrumentation and for expanding Cobo Center Clark and Mark Wayne. Riverfront District got ap- Business Lives section. vocals in the breakfast nook of a to support for Beaumont proval Wednesday for an You can hear the results of the trend Royal Oak apartment. Hospital building a medical additional $700,000 loan OBITUARIES toward more home-based recording Both artists have albums coming out school and creating a pro- by listening on our Web site to a few this summer and, as you might Wednesday from the city’s ton-beam cancer therapy George Puscas, long- tracks by some local musicians. expect, they’re doing a lot of the Economic Development Corp. center, the Detroit Free time sports editor and Clips from “Are You Midnight” and promotion themselves, on Proposed by Dave Bing’s columnist for the Detroit MySpace.com and their own Web Press reported. The latter “Jonaccce” by Hidden Ghost Balloon Springarn Development L.L.C., Free Press, died of conges- sites. plan was rejected by the Ship and a demo version of “How Watermark is to be a 112- tive heart failure April 25. Could I Sleep” by Robert William Also at our Web site this week: state Certificate of Need WEB WORLD unit gated complex on 2.2 Commission last week. For He was 81. Emmett II are available at The full results of the latest Kevin Hill acres near Atwater Street Will Robinson, longtime www.crainsdetroit.com/businesslives. Crain’s-Honigman survey of business more, see story on Page 33. Emmett says he recorded his song in his living professionals in Southeast Michigan at between St. Aubin and Also, Gov. Granholm’s Detroit Pistons scout and the room with a $30 microphone, a tape echo and www.crainsdetroit.com/survey. Dubois streets, alongside press secretary Liz Boyd first black man to coach a an Alesis digital audio tape. A video interview with Jerome Schostak, Tri-Centennial Park. says a proposal to create a Division I college basketball Hidden Ghost Balloon Ship recorded the drum who is profiled on Page 3 of this issue at Edward Tinsley, Bing Group tax-free zone at Cobo Cen- team, died April 28. He was parts on a four-track cassette in the attic and www.crainsdetroit.com/multimedia. vice president in charge of ter is dead, The Detroit 96. DBpageAD.qxd 4/23/2008 10:51 AM Page 1

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