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New President Creates a Weighty To-Do List CD_20130909BASIC-Cover.qxp 9/6/2013 5:16 PM Page 1 ® www.crainsdetroit.com Vol. 29, No. 37 SEPTEMBER 9 – 15, 2013 $2 a copy; $59 a year ©Entire contents copyright 2013 by Crain Communications Inc. All rights reserved A NEW CHAPTER FOR WAYNE STATE Page 3 Center proposed LON HORWEDEL for connected Manufacturing camp sparks vehicle research kids’ imaginations Walbridge looking at Now debt-free, science center seeks new leader Willow Run plant site BY DUSTIN WALSH CRAIN’S CRAIN’S DETROIT BUSINESS MICHIGAN BUSINESS Detroit-based Walbridge Development LLC is taking a risk on a potential development project to build a ‘Snack City connected vehicle research center on the former U.S.A.’: Grand General Motors Co. Willow Run Powertrain plant. Connected vehicles use modems and sensors to Rapids a wirelessly connect and communicate with infrastruc- ture, other vehicles and systems. Connected systems Cracker Jack of are used for active safety systems, all trades, Page 11 diagnostics and infotainment. The subsidiary of construction firm Walbridge Group Inc. pro- posed to redevelop the majority Crain’s Lists of the 332-acre site in Ypsilanti Largest Michigan Township last week. Experts call the project progres- manufacturers, Page 17 sive and said it meets a need for the region to continue to develop disruptive vehicle technologies. Rasher This Just In Under the memorandum of un- derstanding, Walbridge would own and operate the Real Estate One to buy GLENN TRIEST shared research and development center, which will Ann Arbor’s Charles Reinhart Roy Wilson’s priorities as he begins his tenure as president of Wayne State University: A renewed be used by automakers, suppliers and research insti- focus on philanthropy, improving student retention and six-year graduation rates and rebuilding tutions, said Bruce Rasher, redevelopment manager Southfield-based Real Estate research grant and contract funding. One Inc. has signed a letter of See Willow Run, Page 35 intent to purchase Ann Arbor- based Charles Reinhart Co. The deal is expected to be finalized this month, said New president creates Dan Elsea, Real Estate One Federal-Mogul plans president of brokerage ser- vices. He would not specify the purchase price. “It gives us some very a weighty to-do list move to smaller space strong Washtenaw County BY KIRK PINHO market share,” he said. grams was a one-off funding strategy that CRAIN’S DETROIT BUSINESS “They are the dominant bro- Tops on Wilson’s agenda: he does not intend to repeat. ker there. We are going to be It has mainly paid off in helping the uni- Auto supplier Federal-Mogul Corp. will move the retaining that brand.” Improved budget model, versity raise most of its target $348 million 650-700 employees at its Southfield headquarters to He said the merger will give tuition revenue sought for the 2013-14 bud- a new office in a neighboring suburb next year. Real Estate One 50 percent get, he said. But developing a more sustain- A real estate source said the company is moving market share in Washtenaw. philanthropy, retention able budgeting model for Wayne is among into about 180,000 square feet of space in the four- Currently, Real Estate One the top items on Wilson’s to-do list. building Arboretum Office Complex in Farmington brokers 12 percent of the deals BY CHAD HALCOM Wilson, who started as Wayne State’s Hills at 34405-34705 W. 12 Mile Road, between Drake in the county; Charles Rein- CRAIN’S DETROIT BUSINESS president Aug. 1, told Crain’s that priorities and Farmington roads. hart brokers 38 percent, Elsea for the Detroit research university include Federal-Mogul is the sole tenant in an intercon- said. t wasn’t his call to make, but President a renewed focus on philanthropy, improv- nected four-building complex totaling about 360,000 Real Estate One was No. 1 M. Roy Wilson of Wayne State University ing year-over-year student retention and square feet on the southwest corner of Lahser Road on Crain’s Largest Residen- supports his predecessor’s decision to six-year graduation rates and rebuilding re- and Northwestern Highway, but it needs an office tial Brokers list based on 2012 I forgo state legislative performance search grant and contract funding — possi- only about half that size due to a reduction in employ- gross sales with $2.6 billion; funding in favor of an 8.9 percent tuition bly by taking part in a new brain science ees over the past several years, said Jim Burke, Fed- Charles Reinhart was No. 3 hike this academic year. initiative rolled out by the White House this eral-Mogul’s director of corporate communications. with $664 million. Wilson said the increase to around $500 year. Burke said the company is in the final stages of — Kirk Pinho per credit hour for most undergraduate pro- See Wilson, Page 37 See Federal-Mogul, Page 37 Yearning for legal peace of mind? (see our ad on page 2) ‰ ATTORNEYS AT LAW A BETTER PARTNERSHIP WNJ.com NEWSPAPER CD_20130909CMB-Cover.qxp 9/6/2013 5:29 PM Page 1 ® Cwww.crainsdetroit.comRAIN Vol. 29, No. 37 ’SDETROITSEPTEMBER 2013 BUSINESS$2 a copy; $59 a year ©Entire contents copyright 2013 by Crain Communications Inc. All rights reserved A NEW CHAPTER FOR WAYNE STATE Inside Michigan ‘Snack City Center proposed U.S.A.’: Grand Rapids a for connected Cracker Jack of all trades, Page 11 vehicle research Page 3 Walbridge looking at Willow Run plant site LON HORWEDEL BY DUSTIN WALSH CRAIN’S DETROIT BUSINESS Detroit-based Walbridge Development LLC is taking a risk on a potential development project to build a Jackson manufacturing camp connected vehicle research center on the former sparks kids’ imaginations General Motors Co. Willow Run Powertrain plant. Connected vehicles use modems and sensors to wirelessly connect and communicate with infrastruc- Now debt-free, science ture, other vehicles and systems. Connected systems are used for active safety systems, center seeks new leader diagnostics and infotainment. The subsidiary of construction firm Walbridge Group Inc. pro- posed to redevelop the majority Crain’s Lists of the 332-acre site in Ypsilanti Largest Michigan Township last week. Experts call the project progres- manufacturers, Page 17 sive and said it meets a need for the region to continue to develop disruptive vehicle technologies. Rasher This Just In Under the memorandum of un- derstanding, Walbridge would own and operate the Real Estate One to buy Ann GLENN TRIEST shared research and development center, which will Arbor’s Charles Reinhart Roy Wilson’s priorities as he begins his tenure as president of Wayne State University: A renewed be used by automakers, suppliers and research insti- focus on philanthropy, improving student retention and six-year graduation rates and rebuilding tutions, said Bruce Rasher, redevelopment manager Southfield-based Real Estate research grant and contract funding. See Willow Run, Page 35 One Inc. has signed a letter of intent to purchase Ann Arbor- based Charles Reinhart Co. The deal is expected to be finalized this month, said New president creates Dan Elsea, Real Estate One Federal-Mogul plans president of brokerage ser- vices. He would not specify the purchase price. move to smaller space “It gives us some very a weighty to-do list strong Washtenaw County BY KIRK PINHO market share,” he said. grams was a one-off funding strategy that CRAIN’S DETROIT BUSINESS “They are the dominant bro- Tops on Wilson’s agenda: he does not intend to repeat. ker there. We are going to be It has mainly paid off in helping the uni- Auto supplier Federal-Mogul Corp. will move the retaining that brand.” Improved budget model, versity raise most of its target $348 million 650-700 employees at its Southfield headquarters to He said the merger will give tuition revenue sought for the 2013-14 bud- a new office in a neighboring suburb next year. Real Estate One a 50 percent get, he said. But developing a more sustain- A real estate source said the company is moving market share in Washtenaw. philanthropy, retention able budgeting model for Wayne is among into about 180,000 square feet of space in the four- Currently Real Estate One bro- the top items on Wilson’s to-do list. building Arboretum Office Complex in Farmington kers 12 percent of the deals in BY CHAD HALCOM Wilson, who started as Wayne State’s Hills at 34405-34705 W. 12 Mile Road, between Drake the county; Charles Reinhart CRAIN’S DETROIT BUSINESS president Aug. 1, told Crain’s that priorities and Farmington roads. brokers 38 percent, Elsea said. for the Detroit research university include Federal-Mogul is the sole tenant in an intercon- Real Estate One was most t wasn’t his call to make, but President a renewed focus on philanthropy, improv- nected four-building complex totaling about 360,000 recently No. 1 on the Crain’s M. Roy Wilson of Wayne State University ing year-over-year student retention and square feet on the southwest corner of Lahser Road Largest Residential Brokers supports his predecessor’s decision to six-year graduation rates and rebuilding re- and Northwestern Highway, but it needs an office list based on 2012 gross sales I forgo state legislative performance search grant and contract funding — possi- only about half that size due to a reduction in employ- with $2.6 billion; Charles funding in favor of an 8.9 percent tuition bly by taking part in a new brain science ees over the past several years, said Jim Burke, Fed- Reinhart was No. 3 with $664 hike this academic year. initiative rolled out by the White House this eral-Mogul’s director of corporate communications.
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