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Pontiac Film Studio Investor Nelson Used to Complex Deals 20100308-NEWS--0001-NAT-CCI-CD_-- 3/5/2010 5:30 PM Page 1 ® www.crainsdetroit.com Vol. 26, No. 10 MARCH 8 – 14, 2010 $2 a copy; $59 a year ©Entire contents copyright 2010 by Crain Communications Inc. All rights reserved Page 3 End of the road for Detroit Switching tracks River bridge projects? Kilpatrick backs high-speed rail over commuter 1-888-CALL RICHARD? Kilpatrick BY BILL SHEA and a letter it sent her defending its performance. Bernstein and the AG race CRAIN’S DETROIT BUSINESS The Detroit-based Southeast Michigan Council of Govern- ments, which acts as the required agency to program U.S. Rep. Carolyn Cheeks Kilpatrick is warning federal transit dollars for the region, faxed a letter to Inside that she is shifting her support from commuter rail Kilpatrick on Feb. 26 saying it takes “great exception” to projects in Michigan, what the organization says are “disparaging and inac- such as a proposed Ann WEB EXTRAS curate comments.” Rise of global platforms Arbor-Detroit route, to Kilpatrick, a Detroit Democrat who is campaigning Exchange of views: Kilpatrick the high-speed rail pro- for an eighth term in Michigan’s 13th District, ear- drives AZ Automotive deal jects favored by the Oba- addresses the City Council, and letters stake out her marked $100 million for the rail project in 2005 and $6.5 with Sodecia, Page 21 ma administration. position and SEMCOG’s, million since then. Her support is seen as important be- Kilpatrick made the crainsdetroit.com/multimedia cause she sits on the powerful House Appropriations shift public in recent Committee and its subcommittee on transportation, comments to the Detroit City Council and in a letter she housing and urban development. Crain’s List wrote last week after questions arose about comments critical of the region’s transportation planning agency See Rail, Page 22 Largest black-owned ISTOCKPHOTO.COM businesses, Page 12 Health Care Extra Pontiac film studio investor 2 businessmen Nelson used to complex deals seek funds for Looming finance deadline ‘no issue at all’ autism center BY DANIEL DUGGAN Nonprofit formed, goal is CRAIN’S DETROIT BUSINESS Once they’re ready, we’re Making a career move eight years ago from “ coordination of services marketing executive to real estate investor, ready to help them out. Linden Nelson’s next career jump is riding on ” BY JAY GREENE Hospital finds it can operate CRAIN’S DETROIT BUSINESS whether a massive Pontiac film project can be Mary Langhauser, financed by April 30. in neighbor’s shadow, Oakland County Two Detroit businessmen who have chil- Nelson, the front man for dren with autism are making the rounds of Page 13 a group of investors, boasts a Emanuel, brother of President Barack Oba- companies and foundations to drum up finan- history of business success- ma’s chief of staff, Rahm Emanuel. cial support to open a multipurpose autism es and failures and a cast of Key to the $60 million financing structure is center. well-connected friends. $23 million to $28 million in recovery zone fa- This Just In Dave Meador, CFO of Now planning a $60 mil- cility bonds, which require several approvals DTE Energy Co., and Stephen lion film studio on the Cen- by Oakland County governmental boards. Inforum, Sphere to study D’Arcy, global automotive terpoint business campus in The measure was approved in a 7-2 vote in leader with Pricewater- trends affecting women Pontiac, Nelson, 49, says the January. The two dissenting votes, Rebecca houseCoopers L.L.P. and looming deadline — where- Sorenson and Peter Smith, who have been Inforum Michigan has formed chairman of the Detroit by the land will go back to a silent on their reasoning, declined to return a research partnership with Medical Center, have Nelson pool of former General Motors three calls each from Crain’s over the course of Waterford Township-based formed the nonprofit Co. parcels — is not an issue. two months. Sphere Trending to launch a Autism Alliance of Michigan “It won’t be an issue at all, we will be in the The Oakland County Commission approved a four-part series of reports ex- as the vehicle to develop ground very soon,” said Nelson, who declined project plan needed for the bonding, and one Meador ploring several trends affect- the center. to be interviewed further for this story. more approval is needed. It remains to be seen ing women in 2010. Last month, Susan Fen- Planned for Pontiac is the Raleigh Michigan whether the bond measure will be on the The organizations plan to ters Lerch was hired as Studios project — the renovation of a 368,000- March 16 agenda for the Oakland County Eco- release the first report, CEO of the Autism Al- square-foot building and new construction of a nomic Development Corp., said Mary Lang- “Women in 2010: The New liance. Lerch previously 185,000-square-foot sound stage building ex- hauser, supervisor of financial services at Oak- Workforce,” at a March 17 worked for 13 years at the pected to create 3,000 direct jobs on top of 500 land County. breakfast at the Westin- Make-A-Wish Foundation of construction jobs. If the bonding isn’t on the agenda then, the Southfield. Michigan. Backed by Hollywood-based Raleigh Studios, April 20 meeting is also available, she said. Among other things, the Meador and D’Arcy both the project has drawn Walbridge CEO John Any delay is due to the complexity of the deal initial report notes that to- have autistic offspring and Rakolta as an investor in addition to mall de- and “putting all the pieces together.” See This Just In, Page 2 have faced difficulties first veloper Alfred Taubman and talent agent Ari “We told them that we will hold a special in identifying and diagnos- D’Arcy meeting if need be,” Langhauser said. “Once ing their problems when they were young they’re ready, we’re ready to help them out.” and then finding appropriate education and Looming as a deadline is the deal worked out medical therapies. with General Motors on May 28. D’Arcy’s son, Jay, is now 27. Meador’s Under the deal, the property would be trans- daughter, Maribel, has Asperger’s syndrome, ferred under a land contract, giving Raleigh a high-functioning autism disorder. Maribel Michigan Studios control of the property and turns 14 later this month. responsibility for its maintenance. Autism, a spectrum disorder, hinders a The full purchase price, never disclosed by NEWSPAPER See Nelson, Page 24 See Autism, Page 25 20100308-NEWS--0002-NAT-CCI-CD_-- 3/5/2010 5:16 PM Page 1 Page 2 CRAIN’S DETROIT BUSINESS March 8, 2010 THIS JUST IN The way it was: 1991 Superior Capital Partners MCC hosts economic event Marcus & Millichap brokers form completes adhesive acquisition Macomb Community College will new real estate firm ■ Throughout our 25th-anniversary host a luncheon to discuss what From Page 1 Detroit-based Superior Capital Five brokers from the South- year, Crain’s will use this space metro Detroit can learn from in- Partners L.L.C. said Friday that it to look at interesting items from vestments made by Turin, Italy, to field office of Marcus & Millichap day’s workforce is the first in his- acquired the assets of Fort Worth, past issues. spur an economic turnaround fol- have left and formed a new local tory to be defined by the wants, Texas-based construction and in- lowing the significant decline of commercial real estate firm. needs, and work styles of four frastructure adhesives manufac- Turin-based Fiat S.p.A.. Doug Passon and Rob Bender are generations of women. A funda- turer Q’SO Inc. The event will be held on March the managing directors of Sperry Inforum and Sphere plan to re- Superior Capital formed its “ 22 from 11:30 a.m. to 1 p.m. at the Van Ness | Fortis Net Lease. lease three additional reports mental premise third platform company, Edge Ad- Lorenzo Cultural Center at The firm officially opened its over the course of this year look- hesives Holdings Inc., to complete M.C.C.’s Center Campus, Clinton Farmington Hills office at the end ing more closely at female con- of the adminis- the deal. Terms of the deal were Township. of January, Passon said. Also sumers, the characteristics of to- not disclosed, but Superior expects The keynote address for the leaving Marcus & Millichap were day’s new mothers and how tration is that Michigan is an Edge to generate more than event will be presented by Jennifer Dan Poris, Marv DeLaura and Bryan women are changing the home- $15 million in revenue this year. overtaxed state. Bradley, senior research associate Bender. owner marketplace. — Ryan Beene Tickets for the March 17 event ” of the metropolitan policy pro- The firm is a new franchise of are $45 for members and $60 for John Engler, gram for the Brookings Institution. Irvine, Calif.-based Sperry Van nonmembers. See www.inforum- State wireless association formed Tickets are $50, with proceeds Ness. Passon said the team will michigan.org. governor benefiting the Macomb Presidential specialize on the sale of fully Members of Michigan’s wireless — Sherri Welch From a Jan. 21, 1991, interview Scholarship Fund. See www.lorenzo leased buildings locally and na- with Crain’s after the newly elected industry have formed a new culturalcenter.com. tionwide. governor was named 1990 statewide group, the Michigan Wire- — Dustin Walsh — Daniel Duggan Stem Cell Summit gains sponsor Newsmaker of the Year. Tax cuts less Association. The World Stem Cell Summit, were a hallmark of Engler’s 1991- Mike Lord, president of the asso- which will be held in Detroit Oct.
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