Are they on your speed dial? Check Crain’s 50 Real Estate Names to Know, Page 9

JUNE 27-JULY 3, 2016

Southeast Michigan Brexit may stall navigates smart roads, but nancing business investment Experts uncertain “The big picture here is that remains uncertain (Brexit) creates a very large amount of long-term impact of uncertainty about what happens next,” said Kyle Handley, assistant By Dustin Walsh professor of business economics [email protected] and public policy at the University of United Kingdom voters’ choice to Michigan. “We don’t know how this is leave the European Union sent mar- going to play out, but it’s likely this is kets into a tizzy last week. But the going to cast a damper on invest- lasting global effects of the “Brexit,” ment and decisions for Michigan particularly in Southeast Michigan, businesses with operations in the are foggier than a spring morning U.K. and the EU.” on the English Channel. U.K.’s exit strategy from the EU — What is certain is that the British which operates as a 28-country exit from the EU introduces uncer- (soon to be 27) bargaining chip for tainty that will affect businesses’ in- trade agreements, immigration pol- vestment decisions and planning in icy, etc. — will take years to play out, coming months. Handley said. Locally, the stock market impact The U.K. will begin to renegotiate hit hard. Troy-based Delphi Automo- trade deals with the EU. It currently tive plc, which is incorporated in the operates with complete free trade, MICHIGAN DEPARTMENT OF TRANSPORTATION U.K., watched its shares plummet zero tariffs, among the EU member Sensors like these, intended to communicate with autonomous vehicles, are starting to pop up on roads in Southeast Michigan. more than 12 percent — losing $2.2 nations. The U.S., which has no free billion in market value. Bloomfi eld trade agreement with the EU, oper- Hills-based Penske Automotive ates under the World Trade Organiza- Group Inc.’s shares fell more than 10 tion standards with the member Coming to sensors percent. SEE BREXIT, PAGE 16 By Lindsay VanHulle edge of all things mobility, given Crain’s Detroit Business/Bridge Magazine Inside: More about where the competition from other states. Shinola case begs question: LANSING — The smart roads of 115 sensors exist in the area, But the technology also adds a the not-too-distant future are be- Page 18 new layer of complexity to the on- ing built in Southeast Michigan. going question about how the state What is ‘American made’? Along a 125-mile triangle from velopment of automated cars, funds its infrastructure: How to pay St. Clair Shores to Brighton and these so-called vehicle-to-infra- for the systems we’ll need in the fu- By Dustin Walsh Both seem innocuous statements Ann Arbor and back, more than structure projects will be crucial ture, not just the ones we have to- [email protected] about the watchmaker’s use of local 100 sensors capable of detecting a not only to understanding how the day. The answer isn’t yet clear. What does it mean to be made in employees, yet the government vehicle’s speed and location are in- technology works to improve vehi- The market for connected vehi- America? called into question Shinola’s use of stalled along the side of the road — cle safety, but also, many hope, to cle technology is emerging amid It’s a sweeping assertion of na- foreign parts. many of them in Oakland County. attracting the economic benefi ts the broader context that Michigan tional pride, implying the notion of Experts say the use of the volun- State and federal transportation that come with being an R&D hub. for years has under-invested in its high-quality products manufac- tary slogan, and iterations, present a managers want to see how these The Michigan Department of infrastructure, one of the reasons tured by U.S. citizens. But it’s also minefi eld for businesses looking to sensors interact with the connect- Transportation applied for a share the state ranked last among the 50 not easy to defi ne. market their products to a consum- ed and driverless vehicle proto- of a $60 million federal grant last states in a 2009 study by the Ameri- Last week, the federal govern- er base keen on buying American types automakers are developing, week to buy more of these devic- can Society of Civil Engineers. The ment settled with Bedrock Manufac- goods. especially when it comes to alert- es, in conjunction with the Univer- state is hardly alone; the ASCE esti- turing Co. LLC, and its Shinola brand, The U.S. Federal Trade Commission ing cars to oncoming hazards — sity of Michigan in Ann Arbor, mated in a recent report that slight- over the advertising slogan of said Shinola’s claims overstated the red traffi c lights, icy roads, work where the federal government ly more than half of the nation’s in- “Where American Is Made” and the extent to which its products are zones or lane closures. launched a connected vehicle pilot frastructure needs are funded. label on its watches “Built in De- made or built in the U.S., according As Michigan aspires to lead the program several years ago. The goal Many of the sensors set up troit.” SEE SHINOLA, PAGE 17 nation in mobility research and de- is to keep Michigan on the cutting around metro Detroit were bought with federal dollars. Michigan’s Shinola agreed to transportation department says it stop using the slogan has spent close to $3 million “Where American Is © Entire contents copyright 2016 Made” to appease by Crain Communications Inc. All rights reserved through multiple funding sources, Federal Trade crainsdetroit.com Vol. 32 No 26 $2 a copy. $59 a year. mostly federal money with match- Commission ing state contributions. regulators. But federal grants have limits. So do state and local transporta- FILE PHOTO tion budgets. In response, state transportation administrators and Oakland County government NEWSPAPER leaders, including the county SEE SENSORS, PAGE 18 2 CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 con Valley approach to find the food The city is only 17 miles from the MICHIGAN industry’s next growth engine, lake but is just outside the Great INSIDE Bloomberg reported. The fund — Lakes watershed. The 2008 compact THIS ISSUE named Eighteen94 Capital, a nod to prohibits most diversions across the CLASSIFIED ADS ...... 15 the year the cereal maker was watershed boundary but creates a KEITH CRAIN...... 6 founded — will look to take minori- potential exception for communi- OPINION ...... 6 ty stakes in startups developing new ties in counties that straddle the line. OTHER VOICES ...... 6 packaging, ingredients, products n Michigan consumers are ex- PEOPLE ...... 14 RUMBLINGS ...... 19 BRIEFS and technology. pected to get as much as $10.1 mil- WEEK ON THE WEB ...... 19 Firms sued over Flint water gence or public nuisance. The com- Kellogg joins packaged-food ri- lion as part of a settlement with Ap- let online responses ow panies together face well above 50 of vals General Mills Inc. and Campbell ple Inc. stemming from a 2012 the 250 individual and class-action Soup Co. in turning to venture funds electronic books price-fixing law- COMPANY INDEX: The engineering services firm lawsuits brought since last November to cope with a changing industry. Big suit, AP reported. Attorney General SEE PAGE 18 that handled refits to the Flint Water in various state and federal courts. food companies have suffered from Bill Schuette announced the update Treatment Plant is making a case for But both companies seemed par- U.S. consumers shifting to more nat- on the case, saying account credits ican Federation of Teachers Michigan, itself online, after Michigan Attor- ticularly irked by Schuette’s entry into ural and fresh products, a move away or checks are coming soon. The U.S. confirmed they have been in talks ney General Bill Schuette said last that fray, and cited the Advisory Task from many grocery-store stalwarts. Supreme Court in March rejected an on a possible merger for more than week it was one of two companies Force and its finding that the state With startups taking market share, appeal from Apple and left in place a year, though they haven’t settled that contributed to the city’s was accountable, in online state- Campbell announced a $125 million a ruling that the company conspired on a decision. If they joined forces, lead-tainted water crisis. ments responding to the new suit. venture fund in February. The Gen- with publishers to raise e-book pric- the combined union would have Lockwood, Andrews & Newnam “Veolia was given rigid parame- eral Mills fund, 301 Inc., has invested es. The case pertains to e-books sold close to 175,000 members, includ- Inc., a Houston-based engineering ters around what we were and were in companies that are working on from April 1, 2010, to May 21, 2012. ing teachers and support staff mem- services and program-management not allowed to do and we followed vegan products. In a court settlement, Apple agreed bers at K-12 and charter schools, company with a Flint office, on Fri- those directions. We made a series to pay about $400 million. intermediate school districts and day unveiled LANwaterlitigation. of recommendations and they were MICH-CELLANEOUS n German forklift maker Kion community colleges. com, a website devoted to “clarify its ignored,” a Veolia statement reads. n Representatives of the eight Group AG agreed to buy robot maker n A new Delta College satellite role in the events in Flint and appro- “In fact, when Veolia raised poten- states adjoining the Great Lakes, in- Dematic for about $2.1 billion to ex- campus for downtown Saginaw priately inform the media and gen- tial lead and copper issues, city offi- cluding Michigan, voted to allow the pand in the U.S. and tap demand could be announced as soon as Oc- eral public.” cials and representatives told us to city of Waukesha, Wis., to tap Lake from Amazon.com Inc. and other on- tober, MLive.com reported. Delta The website features an overview exclude it from our scope of work Michigan for its drinking water — a line retailers as they look to auto- trustees were informed this month of Lockwood’s position on the work because the city and the EPA were key test of a compact designed to mate warehouses, Bloomberg re- that the college was selected to re- it performed, a condensed timeline just beginning to conduct lead and prevent raids on the region’s water ported. Dematic, which has its ceive capital outlay funding, which of events in its contractual relation- copper testing.” supply. The agreement will require North American corporate head- means the state can pay half the ship with Flint since 2011, and a set the suburban Milwaukee city to re- quarters based in Grand Rapids and cost of a project at a Michigan col- of answers it furnished to questions Kellogg brings Silicon Valley turn any water it receives from Lake is owned by buyout firm AEA Inves- lege or university. In 2014, Delta from the state’s Flint Water Advisory Michigan to the Great Lakes. Wauke- tors and the Ontario Teachers’ Pen- trustees chose the downtown area Task Force, which released its own approach to Battle Creek sha submitted a $207 million plan to sion Plan, had sales of about $1.8 from four potential “zones” for a findings on the crisis in March. Battle Creek-based Kellogg Co., draw water from the lake, describing billion last year. Saginaw satellite location. Delta’s Schuette was not the first to sue struggling with slumping U.S. cereal it as a necessity because the ground- n Leaders of the state’s two larg- main campus is in Bay County. A Lockwood or Veolia North America Inc. sales, will invest about $100 million water wells on which it has long re- est teachers unions, the Michigan site could be presented for approval of Chicago for professional negli- in a venture fund, a bid to use a Sili- lied are contaminated with radium. Education Association and the Amer- as early as Oct. 16, officials said.

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Properties of value 1 Fringes of Woodbridge: Pierce talks A compilation of vacant land and houses and commercial buildings in varying condition. North of Brush Park: 2 This rectangle contains a of bank sparse number of historic houses, commercial and residential buildings, and vacant land. Milwaukee Junction: transition 3 Industrial and commercial buildings sit among sparse residential neighborhoods and vacant land. and life 4 North End: Blocks of historic houses in varying Sandy Pierce has a new job — and states of repair, farms and it comes with many hats. vacant land. Columbus, Ohio-based Hunting- is redeveloping the Boston Edison: Roughly Fix-up job: Eric Novack ton Bancshares Inc. (Nasdaq: HBAN) 5 900 homes mostly Treymore, a 28-unit apartment building on announced last week that the long- constructed between 1905 and the edge of Midtown. time local banker and community 1925 that range in size from activist will join the bank once its two-story, brick family homes to proposed $3.4 billion acquisition of mansions. Early residents there Akron, Ohio- include Henry Ford and Joe Louis. Home ice: Properties near based FirstMerit the under-construction Corp. (Nasdaq: New Center: Commercial 6 are of FMER) closes, and residential historic Little Caesars Arena increasing interest. sometime in the district in uptown Detroit. It third quarter. It took includes the majestic Fisher Open Arms: Scott Pierce, cur- more than eight years Building and the former world Lowell rently a vice and nearly $10 million to headquarters of General Motors. chairman of rebuild the Forest Arms LaSalle Gardens: Historic FirstMerit and apartment building in 7 single family homes in chairman and Sandy Pierce: Midtown. varying states of repair. CEO of South- Awaits new duties field-based for Huntington. FirstMerit Michi- gan, will have wide-ranging respon- sibilities at Huntington — she will be a senior executive vice president, a regional banking director, head of Midtown’s next act the national private client group overseeing wealth management Developers: Opportunities for redevelopment can be had in New Center and beyond and chairman of Michigan opera- tions, among other things. By Marti Benedetti the neighborhoods are mind-boggling. and historic brick houses as well as vacant Pierce, 58, who earlier this month [email protected] “While it costs $250,000 to tear down some- land available for sale. was named to Crain’s list of 100 Don't assume opportunities to buy land or thing south of Mack (Avenue), it costs $30,000 Total investment made in Midtown since Most Influential Women in Michi- redevelop property in Detroit’s bustling Mid- to tear down property east of Woodward (Ave- 2012 is $698 million. Investment that is now gan, talked to reporter Tom Hender- town are all scooped up. According to city real nue) and (north of Grand Boulevard) in New under construction is $365 million, which son about her long career in bank- estate developers, parts of the New Center Center,” Henry said. makes the total planned investment about ing, which began in 1978 when she neighborhood and various fringe areas of Once the QLine is operating in 2017, prop- $1.2 billion, said Sue Mosey, executive direc- took a job as a part-time teller at Midtown are still ripe for the taking. erty on both sides of Woodward heading tor of Midtown Detroit Inc. National Bank of Detroit, and how “The next gold rush is New Center,” said north toward Highland Park will increase in Developers expect residential conversions, she reacted to the news FirstMerit Ron Henry, senior vice president, chief facili- value, he said. lot sales and new construction in and around was being bought. ties and construction officer for the Detroit Henry also said he sees opportunity south Midtown to continue at a rapid pace. Q: When you started as a teller, was Medical Center. of Mack between the DMC and Brush Park. it with the idea of a career in banking, The property value differentials between The area has scattered commercial buildings SEE MIDTOWN, PAGE 15 or was it just a job to help pay your way SEE PIERCE, PAGE 14 BCBS to sell services to smaller Blues plans MUST READ By Jay Greene ing markets division. Blues to make retiree medical [email protected] Haar declined to name the two OF THE WEEK bene“ts switch, Page 5 Blue Cross Blue Shield of Michigan smaller Blues plans under contract has created a new division as part of for Medicare services. The total Board help its restructuring plan to sell man- plan to create an emerging markets membership Michigan’s Blues are agement and consulting services to division that would coordinate new managing this year in the two states Crain’s launches board-matching database to help link companies up to 20 smaller Blues plans in other and enhanced business lines like is 23,000, said Haar, the former CEO with women in leadership, Page 7 states. Medicare Advantage. Besides help- of the Accident Fund group who also With millions of baby boomers ing fellow Blues plans, the idea is to is now senior vice president for sub- retiring every year, health insurers boost revenue and profits to help sidiary operations. like Blue Cross and Health Alliance Michigan Blue Cross subsidize oth- The emerging markets division Plan have been targeting growth in er operations. now includes the Accident Fund, Medicare Advantage — a federal pro- As part of that new plan, Blue Medicare Advantage, Medigap gram that contracts with private in- Cross now is managing claims and (Medicare supplemental insurance) surers to offer managed care ser- offering various support services to and two unnamed departments vices to seniors — as a profitable two smaller Midwest Blue Cross that will handle functions such as business. plans for their Medicare Advantage claims processing and quality im- Last month, the board of the products, said Elizabeth Haar, Blue provement services for Medicare Michigan Blue Cross approved a Cross' new president of the emerg- SEE BLUES, PAGE 16 4 CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 Company’s new wireless tech will watch house when you can’t

By Tom Henderson [email protected] HouseSetter LLC oers a Two former presidents of OnStar check-in service for people with Corp. have formed another compa- second homes that includes ny that uses wireless technology to sensors and a camera embed- communicate with customers. ded in a 7-inch replica of a dog The company is Northville-based called Sherlock. HouseSetter LLC, and it offers what it is billing as a check-in service for people with second homes. Using sensors and a camera em- bedded in a 7-inch replica of a dog that is placed in the second house, owners can remotely get reports on humidity and temperature, make sure the electricity is on and get im- ages of the interior. Retirees wintering in Florida, for example, would be notified in the HOUSESETTER event of a power outage at their home in Michigan, and be able to daily graphs charting various data. Dorfstatter said they have funded take steps to prevent the freezing of Huber and Dorfstatter say there the company themselves and antic- pipes and a major financial hit. is a range of overlapping competi- ipate being able to fund growth out The “dog” is called Sherlock. In tors. ADT offers home security, Com- of cash flow. The company employs honor of the fictional detective’s na- cast offers some monitoring seven. tionality, Sherlock the dog responds through Xfinity, and Nest can con- Sherlock is manufactured by Mal- in a British voice when contacted: nect to specific devices, but they say ibu Technologies in Chesterfield 2IEVP]RSRTVS½XWMR7)1MGLMKERLEZI “I’m on duty!” most require internet connectivity, Township. Chet Huber, a phone connection and often-com- Tom Henderson: (313) 446-0337 GLERKIH')3´WMRXLIPEWXJI[]IEVW who helped plicated installation. Twitter: @TomHenderson2 7YGGIWWMSR4PERRMRKERH'7YMXI)\IGYXMZI launch OnStar in 1995 and is 7IEVGLIWEVISYVWTIGMEPXMIW now a senior lecturer at the &3%6(',%-67 Harvard Business School, said he 'EPPXSHE]JSVETVMZEXI got the idea for GSRWYPXEXMSR the company af- ter he retired as Chet Huber: Got 'SRXEGX president of On- the idea for +EV](IQFW4VIWMHIRX Star in 2009 and HouseSetter aer  spent his first he retired +EV](IQFW$RTTRGS winter in Bonita Springs, Fla. It was the first time he’d owned two homes at the same time, and he thought there should be a [[[RTTRGS way to use sensors to inexpensively monitor them remotely. In 2011, Walt Dorfstatter, who re- placed Huber as president at On- Star, visited him in Florida. “I’m an engineer at heart,” said Huber. “I thought, this should easier to do than what we’d done with vehicles.” 6,1&(5(/<,19(67(',1<28 He said he and Dorfstatter kicked At our fi rm, we value our team and clients like family. the idea around for a year, founded the company in 2012, then spent Our investment advice is tailored for each institution two years getting the technology re- and individual.  fined. They’ve had customers in beta testing for six months. Huber is chairman and Dorfstatter CEO. HouseSetter is a partner with the wireless provider Verizon through its innovation program. Sherlock plugs into a wall outlet, but in the event of a power outage, its backup battery will power the sensors and camera and wirelessly transmit data for about 48 hours. Invested alongside Sherlock costs $200. There are you since 1976. two pricing models. For $19 a quar- ter or $60 a year, owners get contin- uous monitoring of temperature, humidity and power, weekly email Member FINRA/SIPC status reports and photos at $1 each. For $29 a quarter or $89 a year, Investment Advisors s (866) 644-2701 s www.GJSCO.com daily photos are included, as are CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 5 Blue Cross sets new plan Automotive Supplier Experience for retirees’ ® med bene ts By Jay Greene [email protected] In Your Corner. Blue Cross Blue Shield of Michigan has approved a plan to convert its retiree medical benefit plan to a de- We’ve been representing Automotive Suppliers fined contribution program that will enable it to more accurately since Henry Ford began assembling automobiles. budget health care costs and give more flexible options to its retirees, Crain’s has learned. The changes affect participants Providing in-depth experience in: who retired after Jan. 1, 1993 — about 3,200 retirees — and 4,138 ex- Ŷ Intellectual Property Ŷ Litigation pected future retirees except for union employees who will continue Ŷ Automobile Connectivity Ŷ Supply Chain current benefits until their agree- Ŷ Employment/Immigration Ŷ Corporate/M&A ments expire. Under the Blue Cross plan, retir- Contact our Automotive Team for your legal needs ees will receive a pre-funded health at www.varnumlaw.com. reimbursement account they will Kevin DiDio Timothy K. Kroninger use to purchase individual health Automotive Team Co-Chair Automotive Team Co-Chair insurance through the Towers Wat- [email protected] [email protected] son OneExchange private network. For those retirees under 65, Blue Cross will annually contribute up to $20,000 for a family. Those 65 or old- er will receive up to $5,000 a year. ® Funding will be based on length of Legal Experience In Your Corner. service, age and job classification and will incorporate expected med- Ŷ Ŷ Ŷ Ŷ Ŷ Ŷ Ŷ Ŷ ical inflation. Detroit Novi Grand Rapids Kalamazoo Grand Haven Lansing Ann Arbor Hastings “Many companies have already moved to defined contribution from defined benefit plans,” Andy Hetzel, Blue Cross vice president of You may not know us, corporate communications, said in an interview with Crain’s. “This but makes our health care costs more you know our work. predictable and manageable. Health care (benefits) for retirees are a long-term proposition and are un- predictable because of growth in health care costs.” The changes to retiree medical benefits are part of a larger “strategic business transformation” effort in- tended to reduce administrative costs by $300 million over three years and increase revenue. Last year, Blue Cross reported it lost $68 million in net income on its overall operations in 2015 — its first loss in at least five years. In recent years, Blue Cross’ health care cost increases for under-65 re- tirees has ranged from 7 percent to 8 percent, with over-65 retirees experi- encing a 10 percent annual increase, primarily because of prescription drug cost increases, Hetzel said. “We have taken steps over years to minimize costs over the years,” Hetzel said. “This is another step to make (our budget) much more pre- Fabric, Wall and Window Graphics / OEM Graphic Solutions dictable.” Some 516 retirees are not affected Event Signage / Building Wraps / Fleet Graphics because they retired before 1993 and will remain in Blue Cross’ group We do more than provide graphic branding solutions that attract and inspire. Our mission is to evoke a unique emotional experience health insurance plan. But 3,200 re- and leave a lasting impression on our partners and their clients. As a national leader in large format graphics, we set the benchmark for tirees will move to the defined con- quality. From our passionate team of creative designers, expert printers, and professional installers to our world-class facility and tribution model on Jan. 1. Starting state-of-the-art technologies—we make you look remarkably good. Oct. 1, they will select an individual health plan through the Towers Wat- ( ) - son exchange. iMBranded.com / 866 717 4467 Jay Greene: (313) 446-0325 Twitter: @jaybgreene 6 CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 Fee schedule would help behavioral health system

ental health experts have done show support and gratitude for this a thorough analysis of how proposed fee structure. Mwhat is known as behavioral health is They say the “proof is in the pud- administered and coordinated. There ding,” and that is why I encourage is no question: As it stands today, the anyone interested in this issue to OPINION behavioral health system is ineffi- examine the progress the state of Il- cient, costly and wasteful. linois has made by entrusting its be- I have previously stated and con- havioral health benefit coverage to tinue to support my stance that the OTHER VOICES its Medicaid health plans. Smart roads need Medicaid behavioral health benefit Jon Cotton At Meridian Health Plan, we have should be administered by Medicaid seen incredible improvement in the Cotton is president and COO of Detroit- health plans for a number of reasons. lives of our Illinois-based members Recently, I was quoted in an arti- based Meridian Health Plan of Michigan. when the Medicaid health plans are cle in Crain’s that the health plans coordinating not only the physical, smart investment “won’t do onesy-twosy contracts. … cient to work out a “financial deal” but also the behavioral, social and We are not going to contract with with any single provider as a community aspects of care. Some of martphones, smart appliances and smart cars are one person at a time.” “unique” arrangement. our members were naturally appre- increasingly part of daily life, and finding new ways I soon learned this statement cre- As we understand it, the state of hensive at first but now realize they ated a considerable level of angst for Michigan formerly had a Medicaid are better able to live their lives to the for all those devices with smart sensors to talk to some people who read it, including fee schedule for all behavioral health fullest under a better system. We hear Seach other is an industry that is growing exponentially. me. Why? The intention behind my services. Suggesting an approach repeatedly the “lives we serve” no lon- Michigan is angling for its slice of the “smart roads” mar- remark was not accurately repre- where every provider or personal care ger feel like the care they need is fall- ket. As Lindsay VanHulle details on Page 1, roads equipped sented. The context of the quote was attendant receives a different negoti- ing through the cracks or being over- with smart sensors can do practical things for drivers like quickly clarified in the online version ated payment is not only unscalable looked. Members know they have an provide advance notice of potholes and icy patches via of the publication, but the change from an operational perspective, I active voice in their comprehensive, was too late for the printed version. also believe it would lead to a poten- person-centered plan of care. connected car technologies. Early adoption of this tech- The intent of my original state- tial reduction in the quality of care. It is my hope that in clarifying nology isn’t cheap, but there are some pilot areas in De- ment had nothing to do with any Simply put: A set fee schedule for how we at Meridian believe this cru- troit, Ann Arbor and Oakland County — so the state and current or potential member of our all administered behavioral health cial health benefit would be best the connected car industry can continue to collect data health care system; I was referring services is the answer. I have dis- implemented by Medicaid health and advance Michigan’s stance to any provider or those who are cussed this at length with advocates, plans, we can continue to collabo- contractually providing any level of behavioral health workers and state rate and make great progress toward as a smart roads leader. care for behavioral health services. health officials. I have yet to find the integration of physical and be- The Michigan Department of It is burdensome, costly and ineffi- anyone who did not immediately havioral health care. Transportation is applying for a share of a $60 million federal grant to buy more of the devices, Empower patient to drive behavioral health care which can run more than $5,000 evisions to Michigan’s Mental they live several miles from a grocery per sensor. Health Code in 1996 require that store. It’s unrealistic to believe that in- Meanwhile, other states are go- Rpeople who have a developmental dividuals who are homeless are more ing after smart mobility grants as well. Last week, Colum- disability, mental illness, serious concerned with adhering to pre- bus, Ohio, was named the winner of a federal Smart City emotional disturbance or sub- scribed physical and mental health Challenge and eligible for $50 million in federal and pri- stance-use disorder are provided with treatment than finding shelter during a person-centered approach to the the cold winter months. The public vate funding to help it develop smart transportation sys- planning, selection and delivery of mental health person-centered ap- tems. their public mental health services. OTHER VOICES proach tackles all of these tough is- The federal transportation department said Columbus This process is designed to ensure Willie Brooks sues. that they are empowered with the In contrast, person-centered plan- stood out because it plans to launch three electric and Brooks is CEO of the Oakland County same life opportunities — resulting ning used by health plans for physical driverless shuttles between a shopping district and a new Mental Health Authority. bus rapid transit facility. from personal choice — as other indi- health care is based on medical viduals in their community. guidelines established by the Michi- It’s an exciting time in these industries — connected cars The people we assist not only par- equality and independence. Import- gan Quality Improvement Consor- and mobility — as businesses and government groups ticipate in their plan of care, they lead ant matters that apply to all areas of tium. Casts are applied to broken continue to learn and evolve. It’s also important that pri- the conversation. They invite whom life are discussed: daily activities, rela- bones; surgeons perform surgeries. vate money, in metro Detroit and beyond, gets behind they choose to the table, share their tionships, employment, education While this service protocol works these smart roads investments. hopes and dreams, and then collabo- and housing, to name a few. to cure physical illnesses, it does not rate with professional staff to attain This meaningful conversation re- transition appropriately to public Think about it. As cars packed with various devices vie the life they envision for themselves. sults in a plan that is inclusive of the mental health services. We are in the for airwaves with cars packed with car-to-road sensors or Individuals, family members, person’s needs, goals and aspirations. business of equipping people with re- car-to-car communications, shouldn’t the private compa- friends and allies are encouraged to It also identifies social determinants sources that empower them to lead nies who benefit from all this communication help foot look beyond medically necessary ser- that negatively impact health out- life as they choose, keeping in mind the bill to avoid a data traffic jam? vices and also focus on supports that comes. People can’t be expected to that life does not come with a “one Maybe there’s an app for that. promote community inclusion, buy fresh fruits and vegetables when size fits all” option. Snyder’s biggest mistake? Look beyond Flint I happen to think we have a pret- the bill and the use of helmets As I have said, I think we are lucky sorts of safety laws, whether it’s au- ty darn good governor. Sure, anyone would stay in force. to have elected and re-elected our tomobile seatbelt laws or speed lim- can throw brickbats at him about Sadly, our governor signed the bill governor. But this one lack of a veto its, and society understands — and the Flint water crisis — and many and since then, far too many motor- was a big mistake. I hope he will ad- goes along with — those laws. people are. But it sure seems like cycle riders have been killed and in- mit his mistake and try to get our Now I am sure that I will get a lot you can throw blame around as jured unnecessarily because they Legislature to once again pass a mo- of letters and emails disagreeing much as you’d like. There is plenty of weren’t wearing a helmet. We’ve torcycle helmet law and then sign it with me. All I can say is: Look at the blame for everyone to share. seen motorcycle deaths climb — for good this time. numbers. Since our governor ve- No, that’s not what I fault our KEITH CRAIN completely unnecessarily — with It is pretty hard to understand toed the helmet law, many folks governor for during the past cou- Editor in chief the repeal of helmet safety laws, why anyone would object to wear- have died unnecessarily. ple of years. It wasn’t that long ago something that was completely un- ing a helmet while they are riding It was a big mistake that has cost when our Legislature repealed a motorcycle. The repeal law passed warranted. when all the facts are staring them too many lives. Let’s hope they can law that was already on the books and was sent to the governor’s We have seen far too many bikers in the face. You can talk all you want repair this obvious error as soon as making the wearing of helmets desk. Most of us were assuming, die because the governor did not about individual rights, but it sim- possible, before more riders are mandatory when you’re riding a and hoping, that he would veto veto that bill. ply doesn’t make sense. We have all killed. CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 7 Crain’s launches database to match companies with women leaders

By Adrienne Roberts on boards,” Parker said. “Diversity at [email protected] the boardroom table will help im- In an effort to boost women’s rep- prove your investments and make resentation on for-profit corporate those companies stronger.” boards, Crain’s Detroit Business last Deloitte’s Board-Ready Women week launched the Michigan Wom- program is one such effort. Michigan en's Directory, an online database to Managing Partner Mark Davidoff an- match companies with women in nounced the firm would be bringing leadership. the invitation-only program to Michi- The launch coincided with the gan later this year. Cohorts of 25-30 100 Most Influential Women in women would go through a series of Michigan recognition event at the sessions on topics useful to corporate Suburban Collection Showplace in governance to prepare women for Novi. About 700 guests attended the board roles. June 21 ceremony. Davidoff was joined at the event "It’s remarkable to me that (ac- by Deborah DeHaas, Deloitte's vice cording to Inforum research) the chairman and national managing Mary Kramer (center), publisher of Crain’s Detroit Business, and panel during Crain’s 2016 Most Inuential Women event June 21 : percentage of women on boards in partner for the company's Center (From le) Kathy Sinclair, recruiter, Michigan Women’s Directory; Mark DavidoŽ, Deloitte LLP; Barbara Mahone, Talmer Bank Michigan is not even 12 percent," for Corporate Governance. She de- board; and Francine Parker, UAW Retiree Medical Bene€ts Trust. said Crain’s Publisher Mary Kramer, scribed Deloitte's own internal ini- Crain’s 2016 Most Inuential Women who led a panel discussion about tiatives to attract and retain women. in Michigan honorees in hospitals/ the initiative for award winners be- “We started the journey more than medical research (top row, le to right): fore the formal program. 20 years ago to advance women (at Rebekah Smith, president/CEO, Lake The directory is a tool to assist the company),” said DeHaas. At Huron Medical Center; Denise companies looking for specific skills the time, the company was hiring Brooks-Williams, president/CEO, Henry to complement their board makeups. women at the same ratio as men, Ford Hospital, Wyandotte; Christina Women — beginning with those hon- but women were leaving in signifi- Freese-Decker, president, Spectrum ored by Crain’s — are invited to com- cantly larger numbers than their Health Hospital Group; Jean Meyer, plete a talent bank profile with infor- male counterparts. president and CEO, St. John Providence mation such as skills, career “We found they were leaving De- Health System; (bottom row) Marianne experience, and professional and vol- loitte because they didn’t think they Udow-Phillips, director, Center for unteer roles. Interested candidates could be successful,” DeHaas said. Healthcare Research and Transforma- can apply to be in the directory. Wom- “That was a pretty big pill to swallow.” tion; Carolyn Wilson, COO, Beaumont en approved to submit are asked to Since then, Deloitte has focused Health; Nancy Schlichting, CEO, Henry pay a $250 fee to cover administrative on creating a culture where people Ford Health System; Gwen MacKenzie, costs. Companies that hire a candi- can be successful and achieve their senior VP and Michigan market date based on the directory will pay a full potential, she said. executive, Ascension Health Michigan. fee based on a sliding scale. PHOTOS/AARON ECKELS Directory staff will then compile profiles of candidates based on the relevant experience a company is looking for, but won't reveal names or contacts until the company iden- tifies the candidate its nominating chairperson or other representatives want to interview in person. Kathy Sinclair, founder of Execu- tive Recruiters International, will co- ordinate the searches. She said one reason women historically have been under-represented is that smaller companies rely on their own board members' and execu- tives' networks. "It's about who you know — and they know a lot of men from golf or their country clubs." Boards often “mirror the lack of women leadership within compa- nies,” added panelist Barbara Ma- hone, a retired General Motors Co. ex- ecutive and now the lead independent director for Talmer Bank. Women who weren't CEOs were not always encouraged to seek board opportuni- ties, she added, but that's changing. Panelist Francine Parker, an hon- oree and executive director of the UAW Retiree Medical Bene€ts Trust, said the stock positions the trust holds are used to encourage gender and cultural diversity on governing boards of publicly traded compa- nies. Together with the organization Thirty Percent Coalition, the trust has helped to place 80 women on cor- porate boards, 68 women on na- tional boards and engaged with 19 The Leader in companies, eight of whom adopted diversity guidelines for their boards Complex Business Litigation in the past five years. “We believe that we increase shareholder value by placing wom- en on boards and having diversity DBpageAD_DBpageAD.qxd 6/17/2016 11:29 AM Page 1 the gm interns are reflecting students. interns. a new detroit excelling detroiters.

06-08-16 | 10:44 A.M. | GMRENCEN, RIVER EAST PARKING GARAGE

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#REFLECTINGDETROIT CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 9

NAMES TO KNOW IN REAL ESTATE

Believe it or not, 50 is a small number when try- produce the 50 Names to Know list for commercial But truth be told: We could have produced 100 ing to determine the top real estate professionals real estate locally. Names to Know without diluting the list’s quality. in metro Detroit. A lot of incredibly worthy names were scratched Still, the end result is what we feel represents the What you see in this issue is the result of two from the list for a variety of reasons, including the very top players in Detroit-area commercial real months of work, interviews, emailing and calling, level of major recent activity. With few exceptions, estate, the men and women responsible for untold archival work and, finally, painstaking50 culling to we selected only one person per company. billions of dollars worth of local real estate deals. By Kirk Pinho / [email protected]

THE BROKERS Jim Bieri Kevin Dillon Larry Emmons Matthew Farrell Anne Galbraith Kohn Principal, Stokas Bieri Real Estate Managing director, Berkadia Market leader and managing CEO and co-founder, Core Partners Senior vice president, CBRE Inc. director, Jones Lang LaSalle Headquarters: Detroit Headquarters: Southeld o‹ce of LLC Headquarters: Southeld o‹ce of Ambler, Pa.-based company Years in commercial real estate: 40 Headquarters: Royal Oak o‹ce of Headquarters: Bingham Farms Los Angeles-based CBRE 31 Chicago-based JLL Age: 67 Years in commercial real estate: Years in commercial real estate: 16 Years in commercial real estate: 25 50 Years in commercial real estate: 28 Why he should Age: Age: 39 Age: 48 51 be on your Why he should Age: Why he should Why she speed dial: Bieri be on your Why he should be on your should be on is one of the speed dial: As be on your speed dial: your speed most active the head of speed dial: Farrell runs Core dial: Galbraith downtown retail Berkadia’s local Emmons has Partners, which Kohn is one of brokers in Detroit. One of his most o‹ce, Dillon is oversight of the he co-founded CBRE’s local signicant local projects has been the one of the most active multifamily real local JLL o‹ce in and whose services he has grown brokers handling large capital market Gateway Marketplace project at Eight estate brokers in the region. Most Royal Oak. In the past, he has been on through acquisitions to include transactions in the region. Notably, she Mile and Woodward, developed by recently, his company fetched $79.5 the Newmark Grubb Knight Frank team development and construction, among was the broker on the $102 million sale Southeld-based Redico LLC three million for the Riverfront Towers along that sold the Travelers Towers I and II others. He is also helping create Troy's of 704,000 square feet of o‹ce space years ago, that put the rst Meijer Inc. the Detroit River from a signicant New buildings in Southeld for $25.1 million 137-acre planned city center. in Ann Arbor for $102 million to Oxford store in the city and brought tens of York City real estate investor, but since as well as the 104-acre former Unity Token you use in Monopoly: “As a kid, Cos. and sold the City Center building in thousands of square feet of new retail 2010, he has closed or is under contract Studios site in Allen Park for $14 million, it would have been the battleship, as I Troy to a Florida developer that’s space to Detroit. to close $1.05 billion in multifamily deals both to New York City-based Time desired to be a jet ghter pilot. As a planned to be part of a $130 million with more than 21,500 units. Did you know? Bieri was a pie judge at Equities Inc. young businessperson, I would have mixed-use project. the Michigan State Fair. Token you use in Monopoly: The race Token you use in Monopoly: “The done the shoe on the basis of ‘burning Token you use in Monopoly: “The car Token you use in Monopoly: Top hat race car. Speed kills the competition.” shoe leather’ to build business. As of race car. It’s maneuverable and a nod to today, I would select the race car, in Detroit as the home of the automobile.” support of the M1 Concourse (in Paul Choukourian Barbara Eaton Andy Farbman Pontiac) becoming one of the area’s Steve Gordon Executive managing director, Vice president of leasing and CEO, Farbman Group future exciting destination locations.” business development, Redico LLC Colliers International Inc. Headquarters: Southeld President, Signature Associates Inc. Southeld o‹ce of Southeld Southeld Headquarters: Headquarters: Years in commercial real estate: 19 David Friedman Headquarters: New York City-based Colliers 25 Executive managing director, CEO, 38 Years in commercial real estate: Age: 41 Years in commercial real estate: 22 Friedman Integrated Real Estate Years in commercial real estate: Age: 59 Age: 60 Why he should Solutions LLC Age: 43 Why she be on your Headquarters: Farmington Hills Why he should Why he should should be on speed dial: be on your be on your your speed Farbman and the Years in commercial real estate: 30 speed dial: speed dial: dial: Eaton is key eponymous Age: 55 Gordon is the Choukourian at Redico, one of company mastermind of Why he should heads the the largest local manage more than 20 million square Signature be on your Southeld o‹ce developers, in leasing o‹ce space in feet of space — o‹ce, retail, Associates, one of the largest and most speed dial: of one of the largest brokerage rms in their owned properties throughout the multifamily and industrial — in active real estate brokerage and Friedman is the the world. He has expanded it from 20 region, particularly in large local Southeast Michigan, including the property management companies brain behind one people when he assumed the helm in submarkets like the Detroit central 275,000-square-foot former TD Auto locally. Gordon's current large listings of the most March 2011 to 78 today. Transaction business district and Southeld. Finance building in Farmington Hills, include a 515-acre parcel in Lyon successful brokerage/landlord volume has increased from $279 million now known as The Standard. The Township for developers and the Token you use in Monopoly: “Always companies in the region, with more in 2011 to about $700 million last year company, founded by Burton Farbman Centerpoint Business Campus in the cannon — taller than all the other than 140 properties totaling more than and is on track for $1 billion this year. 40 years ago, also has a robust Pontiac with up to 564,000 square feet pieces. I love the game and have never 16 million square feet managed, plus brokerage team. of leasable industrial/o‹ce space and Favorite television show: “Chasing lost (yet). However, I am open to a more than 10,000 apartment units. 110 acres for sale. Classic Cars.” “If I was not in real estate, challenge if someone thinks they can Token you use in Monopoly: The Favorite television show: “I don’t I would try to be like Jay Leno and have beat me.” horse and rider The dog watch TV shows. I still own a ©ip phone!” Token you use in Monopoly: a great car collection.” (a boxer, if that were an option). 10 CRAIN’S DETROIT BUSINESS // JUNE 27, 2016

BROKERS DEVELOPERS/LANDLORDS Dan Labes John Latessa Richard Baron Richard Broder Ryan Dembs Senior managing director, Newmark Executive managing director, Chairman, McCormack Baron CEO, Broder & Sachse Real Estate President and CEO, Dembs Grubb Knight Frank CBRE Inc. Salazar Development Inc. Services LLC Development Headquarters: Farmington Hills oce Headquarters: South eld oce of Headquarters: St. Louis Headquarters: Birmingham Headquarters: Farmington Hills of New York City-based company Los Angeles-based company Years in commercial real estate: 43 Years in commercial real estate: 33 Years in commercial real estate: 21 Years in commercial real estate: 29 Years in commercial real estate: Age: 73 Age: 55 Age: 43 Age: 52 25 Why he should Why he should Why he should Why he should Age: 48 be on your be on your be on your be on your Why he speed dial: speed dial: speed dial: speed dial: should be on Baron, a Detroit Broder and his Dembs Labes is one of your speed native, has business partner, Development has the most proli c dial: Latessa worked on a pair Todd Sachse, been one of the industrial brokers oversees the of signi cant have been knee-deep in downtown few companies locally doing in the region. For local oce of one of the largest real downtown and Midtown projects in the Detroit redevelopment with projects speculative building around metro example, in just the past year at Ashley estate brokerage rms in the past year: the $65 million rst phase of such as The Albert, a redevelopment of Detroit. Among the company's projects Capital's Brownstown Business Center country. He also oversees the local the Orleans Landing mixed-use project a building in Capitol Park; The Scott at are the new $23 million GKN Driveline and Livonia Corporate Center, Labes CBRE oces in Columbus, Cleveland, with 278 apartments along the Detroit Brush Park, which will bring 199 North America Inc. headquarters in has been involved in the leasing of more Cincinnati, Indianapolis, Louisville, St. River and the $28 million redevelopment apartment units to the market this Auburn Hills and a 75,000-square-foot than 2.8 million square feet of space. Louis and Kansas City, all of which of the former Strathmore Hotel into 129 year; and others. speculative research and development What’s your outlook for the next total 1,700 people generating about apartments on West Alexandrine. building in Novi. Token you use in Monopoly: “I two years for the industry? “With $4.5 billion in revenue. Among his Midtown Detroit Inc. is co-developer on haven’t played in a long time; too busy What is the most lack of signi cant new construction, career highlights: Being involved in The Strathmore. playing Monopoly for real.” underappreciated building/project we’ll continue to see low (industrial) both General Motors’ acquisition of locally, and why? ”In my opinion, the vacancy rates, which will create higher the Renaissance Center and again most underappreciated building is Joe lease rates/sale prices. Also, continued years later as CBRE now manages Albert Berriz Louis Arena. I understand that it is old interest from out-of-state investors will the region’s largest oce complex. CEO, co-owner and co-managing Peter Cummings and a little dingy, and I also understand keep driving down capitalization rates.” The Token you use in Monopoly: member, McKinley Inc. Principal, The Platform LLC the new hockey arena is going to be “I car Token you use in Monopoly: Headquarters: Ann Arbor incredible, but I still believe there is no haven’t played in years.” Headquarters: Detroit better place in the country to see a rock 37 Brian Piergentili Years in commercial real estate: Years in commercial real estate: 38 concert. The best music venue in the 59 country.” Managing principal, Cushman & Age: Age: 68 Token you use in Monopoly: The Bill Lichwalla Wake eld Why he should Why he should President and CEO, be on your race car Headquarters: South eld oce of be on your speed dial: A Plante Moran Cresa Chicago-based company speed dial: consummate Headquarters: South eld Cummings, a Years in power player in longtime David Di Rita Years in commercial real estate: 19 commercial the Ann Arbor heavy-hitter Principal, The Roxbury Group Age: 43 real estate: market and elsewhere, Berriz heads up among Detroit developers, has in the 19 McKinley’s portfolio, valued at $4.6 Headquarters: Detroit Why he should past year become more active in billion with more than 55 million square Years in commercial real estate: 28 be on your Age: 44 greater downtown real estate, feet of commercial and residential real including with projects at the Fisher (18 as an attorney, 10 as a developer) speed dial: Why he estate under management in 33 states. Lichwalla should be on Building and the Albert Kahn Building. Age: 52 What’s your outlook for the next His new development company, The oversees Plante your speed dial: Piergentili runs the Why he should two years for the industry? “I see a Platform, plans more than $250 million Moran Cresa, new local oce of real estate giant be on your downturn over the next 48 months, in primarily mixed-use developments which is providing advisory services on Cushman & Wake eld and has speed dial: which is why we are waiting patiently on and redevelopments in Midtown, New oce and retail space leasing for counted powerhouses like Blue Cross Di Rita’s company the sidelines. Once this becomes a Center and around TechTown, with Olympia Development of Michigan's Blue Shield of Michigan and Chrysler has been one of buyer’s market, we are poised to pounce.” about 1,000 units and 100,000 to sprawling District Detroit project among major clients. the most active in downtown. He has been involved in 150,000 square feet of retail space. Did you know? He coaches football Favorite television show: “So many, downtown redevelopments in the past more than $2 billion worth of real at his alma mater, Livonia Stevenson but the original ‘Hawaii Five-0.’«” Favorite television show: “ ‘The several years, completing the David estate deals, including capital People v. O.J. Simpson’ was as good as I High School. Token you use in Monopoly: The Whitney Building redevelopment and expenditures and transactions. have seen in a long time.” turning the former Globe Trading Co. The race car Token you use in Monopoly: building on the Detroit River into a new Token you use in Monopoly: “Got to dog be the race car!” Michigan Department of Natural Resources Outdoor Adventure Center. A.J. Weiner Christopher Brochert Nathan Forbes Current projects include The Plaza Managing director, Jones Lang Partner, Lormax Stern Development Managing partner, Forbes Co. redevelopment of an old oce midrise Bruce Simon in Midtown into apartments and LaSalle Co. LLC Headquarters: South eld President, Landmark Commercial constructing ve ®oors of multifamily Royal Oak oce of Headquarters: Bloom eld Hills Real Estate Services Inc. Headquarters: Years in commercial real estate: housing called The Griswold atop a Chicago-based company Years in commercial real estate: 36 30-plus Headquarters: Farmington Hills parking garage on Michigan Avenue Years in commercial real estate: 20 Age: 57 Age: 53 downtown. Years in commercial real estate: 30- plus Age: 43 Why he should Why he should What’s your outlook for the next be on your be on your two years for the industry? “If the Age: 57 Why he should be on speed dial: One speed dial: economy can stay healthy, I think we Why he should your speed of the leading Forbes, one of the will see more growth of residential, be on your dial: Weiner is shopping center people behind the hospitality and commercial speed dial: one of the and retail Somerset development in the greater downtown, Simon heads one most active developers in the region, Brochert and Collection mall in Troy, has been with signi cant expansion into of the dominant downtown oce brokers, handling his partner, Daniel Stern, have led the particularly active in downtown Detroit neighboring districts.” retail brokerage rms in Michigan, sales of the Old Wayne County retenanting, remodeling and retail in recent years, launching Favorite television show: “Mad Men” representing around 70 tenants Building in 2014 to a New York-based turnaround of Macomb Mall in Roseville Somerset Collection CityLo¯ pop-up Token you use in Monopoly: “The exclusively in the state. Among the investment group and selling Dan and built the second Meijer Inc. store in stores during the end-of-year holidays, hat, of course.” company’s recent deals were the new Gilbert's Bedrock Real Estate Detroit in the Brightmoor and The Detroit Shoppe. He is also a Field & Stream store in Troy and the Services LLC a pair of buildings, neighborhood. The company has done key behind-the-scenes adviser to Dan move of the Dick’s Sporting Goods from including the David Stott skyscraper, work throughout the region and state. Gilbert on downtown retail. He is the Oakland Square center in Troy minority owner of the newly crowned previously owned by a group of Favorite television show: “Curb Your across the street into 50,000 square NBA champion Cleveland Cavaliers. Chinese investors. Enthusiasm.” “It makes fun of everyday feet at Oakland Mall. Token you use in Monopoly: “The things (sometimes ridiculous) people Token you use in Monopoly: The wheelbarrow, no doubt.” say and do without thinking about why race car they say and do them.” CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 11 DEVELOPERS/LANDLORDS Susan Harvey Jim Ketai Richard Karp Lisa Payne Dale Watchowski Senior vice president, Ashley CEO, co-founder, Bedrock Real Principal, Karp and Associates President, Soave Real Estate Group; President and CEO, Redico LLC Capital Estate Services LLC chairman of the board, Soave Headquarters: Lansing Headquarters: Southšeld Headquarters: Canton Township Headquarters: Detroit Enterprises LLC Years in commercial real estate: 26 o ce of New York City-based company Years in commercial real estate: 34 Years in commercial real estate: 26 Headquarters: Detroit Age: 50 Years in commercial real estate: 34 Age: 58 Age: 54 Years in commercial real estate: Why he should Age: 56 20-plus Why he should Why he should be on your be on your Why she should Age: 57 be on your speed dial: Karp speed dial: be on your speed dial: Ketai has been Why she should Watchowski speed dial: is Dan Gilbert’s redeveloping be on your speed heads one of the Harvey heads the right-hand man several buildings in dial: A¯er largest local o ce of the on real estate- downtown Detroit’s Capitol Park spending two development companies in the area, region’s largest related matters in and around neighborhood, including the former decades as CFO of which developed the Gateway and most active downtown Detroit, where the founder United Way building, the Farwell Bloomšeld Marketplace with Detroit’s šrst Meijer industrial/warehouse landlord and and chairman of Quicken Loans Inc. and Building and the Capitol Park Building. Hills-based mall developer Taubman Inc. store; is in the process of developer. Most recently, the company Rock Ventures LLC has purchased more He also has been purchasing property Centers Inc., Payne next month begins redeveloping the adjacent former began construction of a than 90 buildings in the past šve years. south along Washington Boulevard, the next chapter of her career for Tony Michigan State Fairgrounds site; and is 575,000-square-foot distribution What has been the most including across from the Westin Book Soave's wide-reaching Soave in the beginning stages of a center on part of the Hazel Park signicant local project you’ve Cadillac Detroit hotel for a new Enterprises, including overseeing a long redevelopment of the failed Bloomšeld raceway site, in addition to the worked on in the last three years, mixed-use development when the in-the-works $126.5 million planned Park site, now known as the Village at redevelopment of a 1-million-square- and why? “Almost all of our projects planned demolition of the Gateway mixed-use project in Corktown — Bloomšeld. foot former General Motors facility in Center building occurs. pending state šnancing approvals — to have been signišcant, but if I had to Token you use in Monopoly: The Livonia and two more new buildings build more than 400 residential units single one out, I would say the Z Garage. Token you use in Monopoly: The wheelbarrow. “It reminds me of what it nearing 1 million square feet. spread throughout nine buildings and In January 2014, we introduced boot takes to be successful in business — The top 800,000 square feet. She will also Token you use in Monopoly: Bedrock’s šrst ground-up development hard work.” hat in downtown Detroit known now as The oversee Soave's handful of residential Z. This 10-story parking garage features Eric Larson complexes in Michigan. colorful murals painted by 27 di§erent CEO, Larson Realty Group; Je Hauptman international artists on every level as Downtown Detroit Partnership Gary Weisman CEO, Oxford Cos. well as a unique architectural design. Headquarters: Bloomšeld Hills; David Schostak Co-owner, General Development This was our entry into public art and Headquarters: Ann Arbor Detroit CEO, Schostak Bros. & Co. Inc. Co. LLC one that we continue today in the alley Years in commercial real estate: 30 Headquarters: Southšeld Years in commercial real estate: 26 that bisects the two parking decks, Headquarters: Livonia Age: 46 better known as The Belt, and Age: 54 Years in commercial real estate: 35 Years in commercial real estate: 33 throughout the city. The way art can Why he should Why he should Age: 58 Age: 62 transform a parking lot and a dark alley be on your be on your speed into a destination for anyone coming Why he should Why he should speed dial: A dial: As head of downtown is something that makes be on your be on your $102 million deal the Downtown what we do so relevant. Consistent speed dial: speed last year to buy Detroit with all of our downtown properties, Schostak, a son of dial: Weisman is The McMullen Co. Partnership, the šrst ¨oor is occupied by retail the late Jerome one of the top and its 704,000-square-foot o ce Larson is a key gateway to downtown tenants, which provide shopping and Schostak, who local developers, portfolio made Oxford Cos. the largest real estate. In addition, Larson’s with one of his most signišcant dining experiences.” company is redeveloping the former was considered a pioneer in the o ce landlord in the Ann Arbor market. enclosed mall concept, heads up the projects locally being the Oakland What’s your outlook for the next Tiger Stadium site in Corktown. He has The company’s portfolio is more than 2 eponymous real estate company with Technology Park project in Auburn Hills two years for the industry? “At also worked on the District Detroit million square feet. his brother, Robert. It is currently in a joint venture with Farmington Bedrock, we feel like we have just project, which includes the new Token you use in Monopoly: The dog expanding its Lo¯s of Merchants Row Hills-based Friedman Integrated Real gotten started. From the retailers that stadium for the Detroit Red Wings, mixed-use development along Estate Solutions LLC. The project has are setting up shop downtown, like Nike when he worked for Olympia Woodward Avenue downtown and is more than 1,000 acres, including more and Shake Shack, to the renewed Development of Michigan. developing a $20 million-plus global than 200 formerly owned by Chrysler interest nationwide in Detroit — we are George Jackson Token you use in Monopoly: “The headquarters for Masco Corp. in Corp., that has attracted $100 million in at the beginning of creating a new Chairman and CEO, Ventra Group race car, always.” Livonia. development from major corporate LLC history for our city. We have so much to relocations and consolidations totaling look forward to, and I’m honored to be Token you use in Monopoly: The race Detroit more than 1 million square feet. Headquarters: a part of it.” Matthew Lester car Years in commercial real estate: 32 What’s your outlook for the next What is the most Founder and CEO, Princeton two years for the industry? “The Age: 63 underappreciated building/project Enterprises LLC Robert Taubman continuation of strong auto sales and Why he should locally, and why? “615 W. Lafayette Headquarters: Bloomšeld Hills Chairman, president and CEO, its trickle-down e§ect in housing, low be on your (the former Detroit Media Partnership Taubman Centers Inc. unemployment, and consumer building) is a hidden gem, which has Years in commercial real estate: 23 speed dial: Headquarters: Bloomšeld Hills spending habits is my hopeful outlook.” Although no had an unbelievable transformation. Age: 51 Construction work is being completed Years in commercial real estate: 40 What is the most longer the head of Why he should on the lobby of the iconic building. The underappreciated building/project the Detroit be on your Age: 62 entrance is being restored to the locally, and why? “Northland Mall. I Economic Growth Corp., Jackson speed dial: Why he should see this project as immensely remains active in Detroit development, original spectacular, grandiose lobby. Lester and We removed the ¨oor that had been be on your important to bridging the šrst ring of particularly as a multifamily Princeton As added to use the second ¨oor area over speed dial: suburbs to the tremendous rebirth development consultant for the District Enterprises have head of Taubman the lobby.” The more than 100-year-old going on in the city of Detroit. Detroit project, which includes the new become a force in greater downtown Centers, Taubman Albert Kahn-designed building Northland Mall’s redevelopment arena for the Detroit Red Wings and multifamily real estate and runs one of the previously housed Detroit’s two largest success could šnally bring an end to new construction and historic rehab of development, having completed the pioneering mall companies in the newspapers: The Detroit News and the invisible Eight Mile Road buildings in the 45-50 blocks redevelopment of the former Milner country. Michigan properties include Detroit Free Press. Original historic demarcation line separating the city surrounding it. In his 12 years at the Hotel into The Ashley apartment Great Lakes Crossing Outlets in Auburn markers indicating the newspapers’ from the suburbs. helm of the DEGC, Jackson worked on development, and acquisitions of the Hills and Twelve Oaks Mall in Novi; it presence have been restored and Favorite television show: some of the most signišcant real Claridge, River Place and The Palms sold The Mall at Partridge Creek in reattached to the outside of the “ ‘Bewitched’ from the 1960s with the estate projects happening in Detroit, apartment buildings in the city. The Clinton Township and Fairlane Town including the redevelopment of the building, to preserve its history. company's multifamily portfolio in original Darren (Dick York). I am a Center in Dearborn in 2014 as part of a student of the older šlms; Turner riverfront and the restoration of the Favorite television show: “House of Detroit consists of more than 1,500 $1.4 billion deal with Greenwich, Classic Movies is far and away my Book Cadillac hotel. Cards” units. He also purchased the Conn.-based Starwood Capital Group. Drummond Island Resort and favorite TV channel.” Token you use in Monopoly: “I don’t Favorite board game: Catan He also is a member of Business play Monopoly; I only use tokens for golf Conference Center and The Hunt Club, Leaders for Michigan and the Comerica Token you use in Monopoly: “I do not markers.” totaling about 1,700 acres. Inc. board. play Monopoly. I have enough of that reality in my everyday life.” Token you use in Monopoly: Top hat 12 CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 FINANCE ATTORNEYS Dennis Bernard Dave Blaszkiewicz Melinda Clemons Joseph Kopietz Denise Lewis President, Bernard Financial Group President and CEO, Invest Detroit Senior loan o¡cer, Capital Impact Member, Clark Hill PLC Partner; chairman of urban Headquarters: Southeld Headquarters: Detroit Partners Headquarters: Detroit redevelopment practice group, Detroit o¡ce of Honigman Miller Schwartz and Years in commercial real estate: 30 Years in commercial real estate: 25 Headquarters: Years in commercial real estate: 18 Washington, D.C.-based company Cohn LLP Age: 56 Age: 48 Age: 43 Years in commercial real estate: Headquarters: Detroit Why he should Why he should 13 Why he should Years in commercial real estate: 33 be on your be on your be on your 43 speed dial: speed dial: Age: speed dial: Age: 69 Bernard’s Blaszkiewicz Why she Kopietz is a go-to Why she should company is one of heads one of the should be on attorney for be on your the backbones of key nancing your speed complex real speed dial: Lewis commercial real estate lending in metro institutions in Detroit redevelopment dial: Clemons is estate nancing packages in Detroit. has worked on Detroit, having nanced more than $15 projects. Among those Blaszkiewicz has the point person Among his other projects, he is working several of Dan billion in the area, ranging from ¥ashy worked on are the David Whitney locally in Detroit on Fernando Palazuelo’s Packard Plant Gilbert's Bedrock downtown skyscrapers to nondescript Building and Broderick Tower for Capital Impact, a community redevelopment plans on Detroit’s east Real Estate Services LLC projects, suburban apartment complexes. downtown and The Strathmore and development nancial institution that side that are planned to take over a including the First National Building, the Woodward Willis in Midtown. Invest has organized more than $1.9 billion in decade to complete. The 3.5-million- What has been the most former Compuware Corp. headquarters Detroit is also active in a¨ordable loans since its inception. CIP has square-foot property is at I-94 and East signicant local project you’ve building, Chrysler House (the former senior housing, partnering in a joint nanced projects like the Argonaut Grand Boulevard. worked on in the last three years, Dime Building) and the Qube. All told, venture with The Roxbury Group on a Building in New Center; the Garden and why? “That’s easy: Financing the Token you use in Monopoly: she has been counsel for the nancings rebirth of the city of Detroit, from deal for the Industrial State Bank Theater and Willys Overland projects The race car of more than 3.5 million square feet of downtown, Midtown, New Center, Building and the Stevens Building. in Midtown. downtown o¡ce space. Je¨erson and Lafayette, Corktown, Token you use in Monopoly: “The Token you use in Monopoly: ”I was Token you use in Monopoly: The bag Eight Mile and everything in between. race car — a great combination of always the banker. I guess I knew from Monica Labe of money or the wheelbarrow The most satisfying project of my speed and design.” a young age that handling real estate Partner, member of management entire career.” transactions was in my future.” group, Dickinson Wright PLLC Favorite television show: “ ‘The Headquarters: Detroit and Troy Lawrence McLaughlin Wire.’ I like light comedy.” Years in commercial real estate: 25 Partner, chairman of real estate Token you use in Monopoly: The top Tahirih Ziegler department, Honigman Miller Age: 51 hat Executive director, Local Initiatives Support Corp. Detroit Schwartz and Cohn LLP Why she should What should newcomers to the Headquarters: Detroit Headquarters: Detroit o¡ce of New a community development nancial be on your metro Detroit commercial real York City-based LISC institution that has done more than speed dial: In Years in commercial real estate: 36 estate market know? “If it’s a site $200 million in real estate nancing in addition to her that the locals have passed over for Years in commercial real estate: Age: 64 Detroit on projects such as the Royal work as lead several years, there is a reason for that. 25-plus Fresh Market on Grand River Avenue, as counsel for the Why he should We have a lot of smart local developers Age: 49 well as $5 million in QLine nancing. All Detroit Land Bank be on your in Detroit, and thus they know Why she should told, LISC has nanced 4,500 housing Authority on acquisition and speed dial: something you should know.” be on your units and 2 million square feet of development, Labe has also done real As chairman of speed dial: commercial space. estate work for major automotive Honigman’s muscular, Ziegler runs the Token you use in Monopoly: “The suppliers and one of the Big Three. loaded-with- local o¡ce of LISC, race car. It shows my Motor City roots.” What’s your outlook for the next talent real estate department, two years for the industry? “I think McLaughlin and his company are on a lot is riding on the election results. the front lines of real estate legal work There has been a great deal of in the area, including his own work on hesitancy on real estate transactions the formation of the Detroit RiverFront for the past six months (investment, Conservancy and the development of development and otherwise) given the the Renaissance Center, plus Dan volatile and uncertain political climate Gilbert’s Bedrock Real Estate Services (which of course impacts the credit LLC. markets).” Token you use in Monopoly: “I don’t Token you use in Monopoly: play Monopoly — I represent the people Race car who play it for real.”

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)RUPRUHLQIRUPDWLRQ Contact Ulliance at 866-648-8326 or www.ulliance.com HPDLOFKXFN#.H\V%XVLQHVVFRP RUFDOO CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 13 CORPORATE/OTHER Matt Cullen Debby Homic Hoge Donna Inch Rodrick Miller Sue Mosey President and CEO, Rock Ventures Global director, real estate and Chairman and CEO, Ford Land President and CEO, Detroit Executive director, Midtown Detroit LLC; planning, General Motors LLC Development Corp. Economic Growth Corp. Inc. CEO, Jack Entertainment LLC; Detroit Headquarters: Detroit Headquarters: CEO, M-1 Rail Headquarters: Detroit Headquarters: Dearborn Years in commercial real estate: 20 Years in commercial real estate: Years in commercial real estate: 6 Years in commercial real estate: 15 Headquarters: Detroit 30-plus Age: 61 Age: 60 Age: 38 Years in commercial real estate: 50 Why she Age: Why she Why he should 30-plus should be on Why she should be on be on your your speed Age: 60 should be on your speed speed dial: dial: Mosey's your speed dial: Inch Miller, who took Why he organization, a dial: Between oversees all of over for George should be on nonpro›t GM’s ongoing Ford Motor Co.’s Jackson two your speed economic development group, has $1 billion real estate activities through Ford Land, years ago, oversees the Detroit dial: Cullen’s been one of the key catalysts for the investment in its Warren Technical including the massive planned $1 Economic Growth Corp., which is e‹ect on real Midtown neighborhood's resurgence. Center to renovate the 326-acre billion-plus overhaul of its 63-year-old instrumentally involved in planning and estate in She has been involved in many of the campus and create 2,600 jobs and the research and engineering hub in ›nancing of real estate projects such as Detroit is vast, from his position with area’s major developments, including 120,000-square-foot renovation of the Dearborn. The company also has been the Capitol Park redevelopment and M-1 Rail (QLine) and the related The Strathmore apartments project, Renaissance Center headquarters active in redevelopment in the city, others within the city. development and redevelopment the Woodward Willis mixed-use downtown, She has had her hands full including leasing the former Lord & surrounding it, to his work on a Favorite television show: “The Wire.” project, the Forest Arms apartments recently announced $1 billion plan to in the past few years in city and Taylor space in Fairlane Town Center Token you use in Monopoly: “I renovation and scores of others. bring a Major League Soccer team suburban real estate and construction. and buying two downtown Dearborn blocks for redevelopment. usually pick the shoe. It reminds me of Token you use in Monopoly: The and stadium to the failed Wayne Token you use in Monopoly: The race forward momentum — moving ahead.” battleship County Jail site downtown and to his car Token you use in Monopoly: The dog advocacy and work on the Detroit riverfront. Cullen’s ›ngerprints are on much of the new activity in and Devine Jordan more new business ideas anchoring real Token you use in Monopoly: The car around downtown. Brinda Devine Jordan has been at the estate, more walkable areas between What should newcomers to the Favorite television show: “24” Director of real estate, heart of it all. West Grand Boulevard and Warren, metro Detroit commercial real Wayne State University Included in her more people and more tra†c. Token you use in Monopoly: “I estate market know? “You can’t get work has been prefer Euchre or the Game of Life.” Headquarters: Detroit What is the most an understanding of the city, its the Integrative Years in commercial real estate: 26 underappreciated building/project opportunities and challenges by simply Biosciences locally, and why? The many projects reading articles and reviewing data Age: 53 Center building, a being developed in Highland Park, points. You have to explore Detroit. Why she should be on your speed $90 million research facility totaling which is strategically located, o‹ers low Drive Woodward from downtown to dial: Wayne State University has been about 200,000 square feet along land costs, and is a connector between Eight Mile, Je‹erson to Grosse Pointe, one of the key catalysts for breathing Woodward Avenue. downtown and the inner-ring suburbs. Grand River to Rosedale Park and new life into the Midtown area, and Michigan Avenue to Dearborn. Do your What’s your outlook for the next Favorite television show: “Game of two years for the industry? More Thrones.” own due diligence, engage with people residential and retail development, that live and work in the city.” 14 CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 never talked about it either because Steve and I have known each other Gemphire delays IPO PIERCE my peers at the bank all came from for years. He was president of RBS PEOPLE: FROM PAGE 3 more privileged backgrounds. I Citizens in the U.S., and I began re- thought if people knew about my porting to him in 2005, after Citi- SPOTLIGHT over uncertainty through Wayne State University? When background, I wouldn’t move up as zens bought Charter One. He called Morris named president I started as a teller, I was in pre-med quickly. After I made senior vice me as soon as the announcement of Beaumont Royal Oak caused by Brexit at Wayne State, so, no I didn’t plan on president at age 37, I realized that I was made. We didn’t talk about me, a career in banking. I grew up poor, was able to get to that level because we talked about how great it was Rosanna Morris has been By Tom Henderson and I knew the only way out of pov- of my background, not despite it. I’m that these two organizations were named president of 1,070-bed [email protected] erty was education. I had no money, proud of my story. coming together. When we met in Beaumont The initial public offering for I was on grants and scholarships, person shortly after, we agreed it Hospital in Northville-based Gemphire Thera- and when I realized how long it was Q: What were your parents’ names, wasn’t going to be about me, but Royal Oak. peutics Inc., which had been sched- going to take in pre-med and what it and what was the name of the bar they about how many FirstMerit execu- She replaces uled for the Nasdaq Stock Exchange was going to cost, I thought I’d look owned? Nick and Helen, and it was tives I knew who would be a good fi t Shane last Thursday, is now likely to hap- at what I could graduate from in four the Chene-Adele bar in Detroit, near for the new organization. Fifteen Cerone, who pen sometime this week, according years. I started taking business class- I-94. When the city used eminent senior executives at FirstMerit were left earlier to the website iposcoop.com. es my junior year, and I loved them. domain to build the Poletown plant, offered contracts by Huntington, to become a Company offi cials declined to they bought a tavern in a Polish and 15 accepted. We didn’t start consultant comment because of a quiet period Q: There weren’t many women in exec- neighborhood in Wyandotte. After I talking about Sandy Pierce until with Van mandated by the U.S. Securities and utive positions in banking in those days. graduated from Wayne State, I’d still two months ago. Rosanna Morris Conway and Exchange Commission, but it is be- When you graduated, were you ambitious work there on weekends and nights Partners LLC. lieved the company decided to de- enough to be thinking about being in if they needed help. And every Sun- Q: You’e on so many boards around Morris, who is expected to lay the offering over market uncer- management one day? When I gradu- day, my siblings and my husband town — Henry Ford Health System, Busi- start at Beaumont in late tainty about Thursday’s vote by ated, I wanted to stay at NBD, and I and I would clean the bar for them, ness Leaders for Michigan, the Detroit summer, was recruited from British citizens over whether to applied for the management train- until they died 22 years ago. Regional Chamber and the Detroit Eco- Nebraska Medicine, a two- leave the European Union. ing program. I was denied. The re- nomic Club, just to name a few. I read in hospital system in Omaha with Despite late polling that showed cruiter told me I’d never make it in Q: When did you ’ rst hear that Hun- the Crain’s pro’ le of you in the recent a 600-physician faculty practice the “stay” vote ahead, the “leave” management because I was too tington was going to buy FirstMerit? It section on the 100 Most In™ uential Wom- plan, where she has served in a side ended up winning by a 52 per- nice. I was devastated. I went home. was in January, just before they an- en that you have been riding your son’s series of executive positions cent-48 percent vote, leaving mar- After a couple of days, my mother nounced it publicly. They really hoverboard. Between the demands of since 2008, most recently as the kets in turmoil around the world. told me I needed to pick myself up played it close to the vest, between work and of all those boards, where do system’s interim CEO. Nebraska A posting on the Nasdaq website and get back down there and tell the CEOs, the lead directors and the you ’ nd time for a work-life balance that Medicine is part of University last week said Gemphire planned to them they needed me. That’s when I outside board members. I was in Ak- includes hoverboards? Balance? I don’t HealthSystem Consortium, of start trading on the Nasdaq Global was accepted into the marketing di- ron when Paul Greig, our CEO, called use that word. There’s no such thing which eight-hospital Beaumont Exchange under the symbol GEMP. vision at NBD. I was driven. When I me and the other vice chairman into as balancing it. You integrate every Health is a member. It was offering 3.75 million shares, was in marketing, I looked at top his offi ce and informed us. The fi rst part of your life, whether it’s kids, which were expected to begin trad- management, and it was all white thing was shock. We just looked at grandkids, spouse, work and church. Dall becomes MotorCity’s ing in a range of $11-$13 and give men and all commercial lenders. I each other, and I teared up a bit that When my 31-year-old daughter, Me- the IPO a range of $41.25 million to couldn’t do anything about my gen- there was going to be such a change. gan, and my 29-year-old daughter, permanent president $48.75 million. der, but I could do something about When he said Huntington, I couldn’t Jessica, were young, I used to over- MotorCity Casino Hotel in Gemphire wants to market a car- commercial lending, so I went back believe it, it couldn't have been bet- promise them. I’d try to do too much Detroit has named its interim diovascular drug called gemcabene to Wayne State and got a master’s de- ter. If I had been part of this process, and have meltdowns in my younger president, to lower levels of low-density lipo- gree in fi nance and moved into the I would have put Huntington at the career days. Now, I make sure the Bruce Dall, to protein cholesterol, the so-called commercial lending program. top of the list. I knew how strong we circle is fi nite. I make choices, and I the bad cholesterol, and of triglycerides, were and how strong Huntington never overpromise anymore. I tell permanent the main constituent of fat in the Q: You were the youngest of 10 kids was. We both understand the Mid- Tommy, “I can’t make your basket- post. Dall body. and the ’ rst one to go to college. You’ve west. We both understand manufac- ball game Thursday night, but I’ll had been The drug, which was licensed told me before about working in your par- turing. The fi t was incredibly aligned. take off half a day Friday and we can named from P’ zer Inc. in 2011, has been ents’ bar in Detroit even a“ er you got out It’s going to be good for Michigan. do something.” Some weeks, it’s interim tested alone and in combination of college. Let me tell you a story. As I heavy, heavy work. Some weeks, it’s president in with other drugs in 895 subjects in was moving up the ranks in com- Q: When did you ’ rst hear from Ste- heavier family than work. February. 17 phase one and phase two U.S. mercial lending, I never liked telling phen Steinour, Huntington’s chairman Tom Henderson: (313) 446-0337 Bruce Dall As CFO of Food and Drug Administration trials. people about my background, but I and CEO, that there was a job for you? Twitter: @TomHenderson2 MotorCity, and previously senior vice president of fi nance and ADVERTISEMENT SECTION administration, Dall has more NON-PROFITS than 28 years in the casino industry. He was assistant NON-PROFITS general manager and CFO of Karen L. Murphy Detroit’s Greektown Casino-Hotel Chief Development for seven years. Roxanne L. Oˆ cer Brinkerho† Girl Scouts of South- Arborlight names Chief Operating Oˆ cer eastern Michigan Girl Scouts of South- Karen Murphy joined Girl McCorquodale as CEO eastern Michigan Scouts of Southeastern Ann Arbor-based Arborlight Roxanne BrinkerhoŽ has Michigan as Chief LLC, a University of Michigan PROFESSIONAL joined Girl Scouts of Southeastern Michigan Development O“ cer. She was previously with spinoff that produces LED SERVICES as Chief Operating O“ cer. BrinkerhoŽ was McLaren Oakland Hospital Foundation. She lighting systems for daylight Senior Director of The Guidance Center in the has 25 years of experience in all areas of fund emulation, has named Michael Shelby Medina downriver area and has more than 15 years development including annual giving, planned McCorquodale as CEO. Vice President of Sales administrative and organizational leadership giving, and capital campaigns. McCorquodale returns to and Business Develop- experience. Michigan from Silicon Valley. A ment UM spinoff he founded in 2003, G-TECH Services, Inc. Mobius Microsystems Inc., a Medina is currently at the maker of tiny clocking devices helm of an aggressive for the silicon-chip industry, diversi cation strategy for securing new retail PEOPLE ON THE MOVE provides an opportunity moved from Detroit to clients and direct hire business. She will also to announce the selection, promotion, appointment, leadership or Sunnyvale, Calif., in 2007. manage the growth of the  rm’s Illinois and Mobius was later acquired by Texas sales teams and will spearhead sales role responsibility expansion of an employee, colleague or Integrated Device Technology. planning and execution strategies to continue team member across industries and sectors. He was then co-founder and G-TECH’s expansion into new markets. COO of e-SENS, which made instruments to test for Medina formally served as G-TECH’s Director For more information or questions chemicals in water, and CEO of of Business Development and before that, as regarding advertising in this section, please call Lynn Calcaterra at Cortera Neurotechnologies, a Sales Manager and Senior Business (313) 446-6086 or email: [email protected] Development Manager for Volt Workforce medical-device startup. Solutions. CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 June 27, 2016 CRAIN’S DETROIT BUSINESS Page15 15

rant, which he owns with his wife, rehabbing the Treymore, a three-sto- of state are looking at. People are sonic are commanding $70 to $95 a MIDTOWN Carolyn Howard. ry, historic 28-unit apartment build- buying Victorian houses. Individual square foot. The dilapidated, FROM PAGE 3 “There is not a shortage of (real ing in Midtown, and, through a vari- owners are refurbishing houses all 19,866-square-foot former apart- estate) opportunities here. There is ety of companies, in other Midtown the way to Clairmount Avenue. ment building on 8,000 square feet Next frontier still a great town to make a living,” and New Center projects. The Trey- Small investors are eating up those of land that his company is selling Detroit real estate developer Lowell said. more is costing its owners $6.2 mil- houses like crazy.” on Second Street near Masonic has Scott Lowell said if he were starting Mosey said Midtown is not done lion in construction, architecture a $1.5 million price tag, or $76 a real estate ac- being developed. “There are still and other costs. What’s ahead? square foot. quisition now, historic buildings that need to be re- Novack said the future of Midtown Expect to see more buildings “The condition of the property he would be habbed,” she said. is new construction on empty par- converted to small-batch manufac- seems to be irrelevant,” Monsour looking north But she also sees New Center, cels. He said property and land turing, rather than additional resi- said. and northeast of which Midtown Detroit includes in downtown is going for $120-150-plus dential and commercial, Mosey Henry pointed out that Midtown New Center; in its focused economic development a square foot, so anything near the said. More fitness options such as is unusual in that most of the build- Milwaukee zone, as the next frontier. new Little Caesars Arena “is selling health clubs and gyms will be locat- ings are low-rise — one to three sto- Junction, which “New Center has a lot of property high as well, regardless of the condi- ing in Midtown, she said. ries. He predicted that will change is the area changing hands,” she said. “People tion. It is totally location-driven now. “Lots of vacant land that the city as land prices continue to escalate around the are buying to do development. “With the Midtown market satu- is sitting on will be developed into and demand for property exceeds I-75/I-94 inter- Scott Lowell: “East Grand (Boulevard), both rated, I see investments can be mixed-use commercial and maybe supply. change with “Still a great town north and south of Woodward, are made north on Woodward past Bos- some parking decks,” Mosey said. “The Midtown projects in the Grand Boule- to make a living.” areas of opportunity. In nearby Vir- ton Edison, almost to Highland “Wayne State University announced next five to 10 years will have in- vard in the cen- ginia Park, lots of rehab has been Park,” he said. a Shakespeare theater on Cass and creasing density,” he said. “New ter; on the outskirts of Woodbridge done,” Mosey said. “It’s logical that Novack is a partner in an old in- an 800-bed dormitory. The Fine Arts construction will start being mid- “going block by block”; and on the five years out, development will go dustrial building on Custer Street, Theater is slated for a dinner the- rise — 10 to 20 stories.” east fringe of Indian Village. up to Boston Edison.” east of Woodward and south of ater.” Said Chris Mihailovich, a proper- “In Midtown, a lot of the build- Since 2012, 900 new housing Grand Boulevard, in the Milwaukee Expect to see more national and ty manager for Boydell Develop- ings are done. It is hard to find units have been delivered, accord- Junction area. regional boutiques and the continu- ment: “The way we look at it, there’s something for sale,” Lowell said. ing to Mosey. Units under construc- “There are still some great deals ation of startup retailers. More ho- everything bought by (Dan) Gilbert, Among Lowell’s developments tion or in the pipeline total 2,201, like (the Custer building) for $10 to tels are on the way — both boutique and we go the next layer and the are the 70-unit apartment Forest plus 800 new dormitory beds $20 a square foot,” he said. “Dia- and midlevel types, she added. next layer. I don’t know the next lay- Arms, at 4625 Second Ave.; 69 W. Wil- planned at Wayne State University monds in the rough, for sure. You Novack said the area surrounding er. I know you need to put on your lis St., which is called the Billinghurst; and the College for Creative Studies. will find that the more experienced the Masonic Temple may have op- boots and see what is developing 3962 Second Ave., called the Century; Eric Novack, a partner with his and aggressive developers are now portunities. “There’s plenty of unde- and ask questions. and he is working on a yet-to-be dis- wife, Lindsey, in Blackbird Asset Man- looking in the fringe areas. veloped stuff there,” he said. “We’re not exploring much now. closed apartment-condo project in agement Corp. and senior project de- “Milwaukee Junction has a lot of But Chris Monsour with South- We’re developing the property we the neighborhood. A Midtown sta- veloper for Detroit-based Boydell De- activity. There’s lots of commercial field-based Signature Associates said have had for years — taking care of ple is the Tra c Jam & Snug restau- velopment Co., is involved in buildings there that people from out properties in the vicinity of the Ma- what we have.”

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Can’t Attend Our Auction? | Bid On Our App! 313.446.6068 Crain’s Detroit Business for more classified advertisements 16 CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 Penske Automotive’s stock price Winkle said. “Unless a business has dropped to its lowest levels since Feb- a compelling reason, they’re not go- FROMBREXIT PAGE 1 ruary in the wake of Britain’s vote. ing to invest in the U.K. If they plan “It’s been a crazy night and morn- to grow, they are going to do it some- countries, paying an average of 5.3 ing,” said Tony Pordon, Penske exec- where else.” percent tariff on U.S. products im- utive vice president of investor rela- However, Charles Ballard, profes- ported to those nations. tions and corporate development, sor of economics at Michigan State “This is what the U.K. faces,” to Automotive News. “Everybody is University, said the Brexit won’t be Handley said. “I’m sure the U.K. just speculating. The simple fact is, the cause of a major recession — would like to replicate its current this is unprecedented, so we don’t predicting the global economy to deal, but the EU has more bargain- know how it’s going to affect us.” slip only two-tenths of a percent — ing power. Michigan companies op- In 2015, Penske dealerships in the unless others join the U.K. in leaving erating in the U.K. may now feel U.K. contributed just more than $6 the union. that’s not where they want to be be- billion in revenue, or nearly one- “By itself, I don’t believe that’s cause it’ll be more expensive to ex- third of the company’s total. Rough- enough to trigger a global recession,” port products and services.” ly 30 percent to 35 percent of profits Ballard said. “But combined with General Motors Co., which oper- in Penske’s auto retail business China not growing as fast, and wor- ates its Vauxhall unit in Luton, En- come from U.K. dealerships, Por- ries about the U.S. economy after last gland, said in a statement that expe- don said. Penske has 94 dealerships month’s jobs report, this is a worry. “Our employees come to us with a willingness dited negotiations are critical to there, largely representing British What if other countries pull out of the and true desire to be the best. And that leads minimize impact to the automaker. and European luxury brands. EU? Brexit is only a medium-sized to great results.” “It is important for GM’s local op- Charles Chesbrough, executive snowball, but if it starts to roll down- – Rob MacKinlay, President erations that negotiations on the director of strategy, research and se- hill and gets bigger and bigger, the U.K.’s future relationship with the nior economist at Southfield-based damage to the world economy could FRKHQFSDFRP EU are concluded in a timely man- Original Equipment Suppliers Associa- be much bigger than the immediate ner,” the brand said in a statement tion, said every decision about U.K. damage caused by Brexit.” to Automotive News Europe. “It is investment from U.S. firms will be Scotland, which voted down its also important that business con- under review as negotiations ensue. own independence from the U.K. in tinues to benefit from the free “Uncertainty is an investment 2014, may do the opposite and vote movement of goods and people killer,” Chesbrough said. “Until the to leave the U.K. and join the EU, during this period. Communica- dust settles and new trade arrange- Nicola Sturgeon, first prime minis- tion on the development of the fu- ments are signed, I can’t image auto ter of Scotland, told the BBC Friday. ture relationship with the EU should companies will consider significant Sean McAlinden, vice president also be clear and transparent.” investments in the U.K. So ... plans for strategic studies and chief econ- Delphi generates about 5 per- under consideration will likely be omist for Ann Arbor-based Center cent, or $758 million, of its global left on hold. Current investments for Automotive Research, believes revenue from the U.K., it said in an will not likely change over the near the markets are overreacting and emailed statement to Crain’s. term, but depending on what final business will readjust as usual. “Given the volatility created by agreements are, certainly there is “The U.K. and the auto industry the Brexit vote, we will continue to the possibility that manufacturing have survived much tougher chal- monitor the potential impacts on will move out of the U.K. if duties are lenges than a happier English pub- our business, including the impact implemented.” lic,” he said. (The) effect on Michi- from foreign exchange move- Jeff Van Winkle, partner at De- gan is restricted to panicky financial ments,” it said in the statement. troit-based law firm Clark Hill PLC, markets for a while and cheaper oil Southfield-based IHS Automotive said a current client is pulling a $5 and gasoline. Auto sales were going Inc. cut its 2017 U.K. auto sales fore- million investment in a project to be off this month anyway. The cast Friday down 220,000 units to north of London and moving it to Dow Jones will be down 3 percent to 260,000 units from its projection in Ireland. 4 percent for a week maybe.” early June of down just 105,000 “I’m waiting for the call right now Dustin Walsh: (313) 446-6042 units after a long period of growth. for them to pull the trigger,” Van Twitter:@dustinpwalsh

year per its agreement with the state. Caritas. BLUES Over the past five years, since the Blue Cross also has acquired or FROM PAGE 3 Affordable Care Act of 2010 cut rates founded several companies the past by 15 percent and required plans to 10 years, including Brighton-based products. improve quality to receive bonus LifeSecure Insurance Co. and ikaSys- Like Blue Cross, HAP also is look- payments, many of the smaller tems Corp., a Southborough, Mass.- ing at opportunities for growth in Blues plans in the nation have been based information technology ven- the Medicare Advantage market. unable tap into this lucrative market dor, to primarily help it manage its Mark Hall, HAP’s vice president or score high margins because they Medicare plans and as a revenue gen- of business development and sales, have lacked necessary skills and in- erator. In 2014, Blue Cross obtained a said HAP has received approval frastructure support, Michigan 40 percent interest in Data Driven De- from Medicare to expand its Medi- Blues executives told Crain’s. livery Systems Inc., which helps phy- care Advantage offerings from nine Michigan Blue Cross, the nation’s sicians manage risk contracts. Staffi ng counties into 22 adjacent counties. largest single-state Medicare Ad- To become more competitive, It still must receive federal approval vantage provider, has been steadily Blue Cross last fall began a restruc- HIRING: company with for its proposed pricing for Medi- adding Medicare Advantage mem- turing project intended to cut ad- care Advantage products. bers, growing to 468,964 in May ministrative costs by $300 million iiiiiiiii a $750,000 HAP’s region will extend south from 170,567 in December 2010. over three years and boost revenue from Monroe County, west to Jack- Under CEO Dan Loepp, Blue in growth areas like Medicare. Blue line of credit son County and north through Sag- Cross has been diversifying its busi- Cross reported it lost $68 million in inaw County to Iosco County. It en- ness lines to help subsidize its com- net income on its overall operations compasses the Thumb-area mercial individual and Medicare in 2015. Helping manufacturers, counties that include Huron, Sani- supplemental insurance lines, Julie Smith, senior vice president lac and Lapeer. The expanded re- which have lost hundreds of mil- for senior health services, said many service providers, gion also covers the markets held by lions of dollars in recent years. Over- smaller Blues plans haven’t had the newly acquired Allegiance Health in all, Blue Cross operates at a very staff or time to fully adjust to chang- distributors and more with Jackson and HealthPlus of Michigan small profit margin for its core es under the Affordable Care Act to in Flint. health insurance product lines. be rewarded for quality. business cash fl ow solutions. Hall said HAP’s Medicare Advan- For example, in 2011 Michigan “Our intent is to support their tage membership now stands at Blue Cross paid $215 million for a core services,” Smith said. i about 65,000. He said he expects 5 minority interest in AmeriHealth Car- Haar said about 20 Blues plans A/R Financing percent to 10 percent growth over the itas, a profitable 15-state Medicaid either have less than 50,000 mem- iLines of Credit next two years. He expects some HMO, which it now co-owns with bers in Medicare Advantage or don’t growth in HAP’s Medigap product Independence Health of Philadel- offer a product at all. www.hitachibusinessfi nance.com line as Blue Cross is ending its subsidy phia. Blue Cross Complete is now a Jay Greene: (313) 446-0325 (248) 658-1100 program for low-income seniors this for-profit member of AmeriHealth Twitter: @jaybgreene CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 17

“Quite frankly, there’s so many parts But Shinola founder Tom Kartso- content, the country of origin and SHINOLA tis, in a statement, said the FTC rules the identity of the manufacturer. FROM PAGE 1 coming from overseas nowadays, most are uneven and unfair. All assembled imported products “What is left unsaid here is that must display country of origin, i.e. to a letter it sent to Bedrock late last companies don’t have the option, so the regulations governing the ‘Made Made in China, and are governed by week. look for acceptable language. Aer all, in the USA’ standards create some- U.S. Customs and Border Protection. Ultimately Bedrock, which does you don’t have to use it at all. It’s a what subjective policies and stan- Russo said the FTC should realign business as Shinola/Detroit LLC and dards that hinder the ability of any its guidance to create uniformity, C.C. Filson Co., acquiesced to the feds voluntary claim.” Paul Laurenza, Dykema Gossett PLLC given company to communicate ef- much like the Food & Drug Adminis- by agreeing to end the ad campaign fectively to the consumer the overall tration did with food labeling. “If it’s this past January and altered its la- the U.S. to use the claim “Made in portant the component is to the effort and scope of what they are confusing to us, it’s confusing for the beling to avoid deceiving customers. America” or similar claims on its product. The foreign component, if manufacturing in America in order consumer,” Russo said. “Let’s create But interpreting the rules has been packaging or advertising. it’s a part that’s considered critical to to separate themselves from the ma- a level playing field, one that’s con- an exercise in frustration, said Brid- For example, a wrench manufac- the product, that’s not eligible for the jority of companies that completely sistent.” get Russo, Shinola’s chief marketing tured in the U.S. from Korean steel claim.” import their products, “ he said in a For the consumer, however, the officer, and highlights the need for can’t be deemed Made in America be- For Shinola, 100 percent of the statement. rules applying to “Made in America” an updated edict by the FTC. cause the bulk of the actual product, watch components are assembled “We found it confusing that a car, is likely moot, said Jake Grover, part- “We thought we understood the the steel, comes from overseas. But a from foreign parts, according to the for example, isn’t held to the same ner at Royal Oak-based Howard & rules and were doing the right thing,” computer with an imported steel cas- FTC. Using the slogan “Built in De- standard as a watch. The inconsis- Howard Attorneys PLLC. Russo said. “On the one side, we’re ing can use the claim if “most” of its troit” is a violation under its rules, tency of the policies and laws, as well “There’s the issue of whether (the happy this happened because we parts were made in the U.S. the FTC said. as the subjective nature of some of claim) creates confusion in the mar- never set out to deceive anyone. We The FTC overhauled the rules “We were behind the word ‘built’ the process, renders it difficult to ketplace, but the other issue is came here to create jobs. But at the governing “Made in America” label- and ‘build’ because we thought it navigate as a U.S. company and whether the consumer really cares,” same time, the rules depend on con- ing and advertising in 1997 following meant ‘assembled’ and best repre- compete against other companies, Grover said. “I own a Shinola watch. text and are up for interpretation, a two-year legal battle with Bos- sented what we were doing,” Russo U.S. or foreign, who benefit from the I’m aware of Shinola’s claim. I knew and we could all use some clarity.” ton-based New Balance Athletic Show said. “We didn’t put ‘American overall lower costs in off-shore pro- the parts came from elsewhere and Its employees assemble watches Inc. New Balance had been labeling Made,’ and we’ve always been very duction.” was vaguely aware they did the as- in Detroit from parts imported from its shoes as “Made in the USA” even transparent on our website.” Cars are governed under a differ- sembly in Detroit, and that was Switzerland and Thailand — which though many of its shoes were made There are workarounds, Laurenza ent set of labeling rules overseen by enough for me.” is what drew the attention of the abroad. The shoemaker contended said, and Shinola is now employing the National Highway Trac Safety Said Russo: “Maybe it does matter FTC. that 70 percent of its shoes were them. Shinola’s watches now read Administration. Passenger vehicles to a small percentage; maybe there Paul Laurenza, partner at De- made in the U.S., so it qualified to “Built in Detroit with Swiss and Im- manufactured after Oct. 1, 1994, are people that want a product troit-based law firm Dykema Gossett make the claim. ported Parts.” must display a label informing the where every part is sourced in the PLLC in Washington, D.C., said the The battle ended with a consent Laurenza said he advises most cli- customer of where it was assembled, U.S. no matter how difficult that is. FTC rules are relatively straightfor- decree, where New Balance agreed ents to use a qualifying claim, like the percentage of parts made in the But it doesn’t negate the fact that ward, despite the prevalence of the not to use the labeling on shoes that Shinola now uses. U.S. and Canada, and where the en- we’ve created jobs in Detroit, and “Made in America” and other similar were wholly made elsewhere, ac- “It’s so difficult to meet the ‘Made gine and transmission were manu- anyone that has bought our watch, claims by manufacturers. cording to a 2010 report by NBC News. in America’ claim, it’s not worth the factured. they have the added benefit of “The percentage of enforcement Since the case, New Balance contin- hassle since it’s so easy to use quali- Textile and wool products are also knowing that’s what we’ve done.” is probably just a small percentage ues to label its shoes as American fying language,” Laurenza said. governed under a different set of Dustin Walsh: (313) 446-6042 of the violations,” Laurenza said. “I made if they contain 70 percent lo- “Quite frankly, there’s so many parts rules, which must display the fiber Twitter: @dustinpwalsh think, in part, it’s fueled by a misun- cally made content — which has ap- coming from overseas nowadays, derstanding of just how strict the peased the FTC in this case. most companies don’t have the op- standards are. ...” “The cases are very fact-specific, tion, so look for acceptable lan- Under FTC rules, a product must and it’s not just about percentages,” guage. After all, you don’t have to use be “all or virtually all” produced in Laurenza said. “It’s about how im- it at all. It’s a voluntary claim.”

Crain’s Detroit Business would like to extend our most sincere gratitude to all of our Honorees, Attendees and Sponsors for helping to make our Most Inuential Women event a tremendous success. A special thank you to our title sponsor, Deloitte.

Title Sponsor 18 CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 the newest federal highway bill that SENSORS Smart infrastructure by the numbers incentivizes states that install vehi- FROM PAGE 1 cle-to-infrastructure technology by The state has established a 125-mile test bed for connected vehicle allowing them to use some federal www.crainsdetroit.com road agency, have been working to technology in Southeast Michigan. It is bounded roughly by I-94 between Ann funding from existing highway pro- Editor-in-Chief Keith E. Crain Arbor and St. Clair Shores, I-96 and I-696 between St. Clair Shores and Group Publisher Mary Kramer, (313) 446-0399 develop a business model that grams. The FAST Act (Fixing Ameri- or [email protected] could support more “smart” infra- Brighton and U.S. 23 between Brighton and Ann Arbor. ca’s Surface Transportation Act) au- Editor Jennette Smith, (313) 446-1622 structure projects — including tap- thorizes $305 billion for five years, or [email protected] In that area are a number of sensors and other wireless equipment on Director, Digital Strategy, Audience Development ping the private sector for money. roadsides to broadcast signals to and from connected vehicles equipped with through the 2020 fiscal year, accord- Nancy Hanus, (313) 446-1621 or [email protected] “We’re pretty confident that there receivers. About 115 of these sensors exist in the test area, including: ing to Sen. Gary Peters’ office. Managing Editor Michael Lee, (313) 446-1630 are business models out there to Automakers are on board. General or [email protected] n 17 within the Detroit city limits. Managing Editor/Custom and Special Projects Daniel help offset or drastically reduce the Motors Co. President Dan Ammann Duggan, (313) 446-0414 or [email protected] amount of public transportation re- n 25 within the Ann Arbor city limits. told reporters at the Mackinac con- Assistant Managing Editor Kristin Bull, sources needed to put ... these sys- n 17 along I-96 from Milford Road to M-5, and at M-5 and 12 Mile Road. ference that the Detroit carmaker (313) 446-1608 or [email protected] tems into place,” said Matt Smith, supports real-world, on-road test- News Editor Beth Reeber Valone, (313) 446-5875 n The rest along I-696 between I-275 and Telegraph Road, and along or [email protected] MDOT’s intelligent transportation ing that goes beyond the controlled Telegraph Road in Oakland County. Senior Editor Gary Piatek, (313) 446-0357 systems program administrator. environments like UM’s Mcity site or [email protected] Research and Data Editor Sonya Hill, (313) 446-0402 or “We don’t have any public-private Source: Michigan Department of Transportation and the planned American Center for [email protected] partnership agreements in place Mobility at Willow Run. Newsroom (313) 446-0329, FAX (313) 446-1687, right now, but it is being jointly — be no congressionally designated the vehicles to send and receive sig- Oakland County has been in- TIP LINE (313) 446-6766 very aggressively — pursued.” funding to support the deployment of nals. The technology was used to volved in discussions about long- REPORTERS At a cost of roughly $5,000 to connected vehicle field infrastruc- test how drivers could be warned if term funding sources as one of the Marti Benedetti General assignment. (313) 446-0416 or [email protected] $6,000 per sensor, the state is target- ture,” the report said. “As such, it is un- they are at risk of a crash or faced state’s earliest adopters of the tech- Jay Greene, senior reporter Covers health care, insurance, ing specific locations rather than likely there will be a centrally coordi- other traffic hazards. nology, said Danielle Deneau, direc- energy, utilities and the environment. deploying them for deployment’s About 155 roadside units should tor of traffic safety for the (313) 446-0325 or [email protected] nated nationwide infrastructure Road Com- Chad Halcom Covers litigation, the defense industry, sake, Smith said. If administrators rollout.” be in place across metro Detroit by mission for Oakland County. education, Macomb and Oakland counties. (313) can get the same data and anticipat- More likely, the authors suggest, the end of this year, MDOT Director Test beds have been created in 446-6796 or [email protected] Tom Henderson Covers banking, šnance, technology and ed safety benefits without having to are partnerships between govern- Kirk Steudle said during the recent Novi and Farmington Hills, she said, biotechnology. (313) 446-0337 or pay the cost of installation, he add- ment and the private sector, such as Detroit Regional Chamber Mackinac and 22 traffic signals along Tele- [email protected] ed, “we’re completely on board.” data service providers and developers Policy Conference. graph Road between Nine Mile and Kirk Pinho Covers real estate, city of Detroit. (313) of commercial applications — both Next in line for sensors are I-275 13 Mile roads can tell vehicles 446-0412 or [email protected] Setting up sensors Adrienne Roberts General assignment. (313) 446-1612 for the installation and for upkeep. from Five Mile Road in Livonia to equipped with receivers when the Bill Shea, enterprise editor Covers media, advertising In a June 2014 report, the Ameri- In the early 2000s, as automakers the I-96/I-696/M-5 interchange in signal will change. and marketing, the business of sports, and transportation. (313) 446-1626 or [email protected] can Association of State Highway and and government leaders began to Novi, and I-75 near Auburn Hills as The road commission is interest- Lindsay VanHulle, Lansing reporter. (517) 657-2204 Transportation Ocials envisioned study whether connected vehicle they’re reconstructed, the state said. ed in what future infrastructure sys- or [email protected] that by 2040, when the market for technology was possible, national The I-275 project is underway now, tems will look like because of the Dustin Walsh, senior reporter Covers the business of law, auto suppliers, manufacturing and steel. connected vehicles has matured, 80 groups were estimating the U.S. with the I-75 project staggered in benefits they could have on project (313) 446-6042 or [email protected] percent of the nation’s traffic signals would need 250,000 sensors placed Oakland County through 2030. planning, Deneau said. Sherri Welch, senior reporter Covers nonprošts, services, will be equipped with sensors; across the country, Smith said. Fiber optic lines are being laid Oakland County’s program has food, retail and hospitality. (313) 446-1694 or swelch@ crain.com 25,000 more would be set up at oth- “Boil that down, and that’s thou- along I-275 while the pavement is cost close to $100 million since its ADVERTISING er roadside locations. sands upon thousands in each state,” being rebuilt, Smith said. If ap- inception, though much of that is Sales Inquiries (313) 446-6032; FAX (313) 393-0997 Besides the wireless devices he said. proved for a federal grant, MDOT for a separate program that started Advertising Director Matthew Langan themselves, other infrastructure Today, the range of a radio unit has would retrofit some older state- in the ‘90s to help traffic signals ease Senior Account Manager Katie Sullivan systems necessary to support con- improved to about 1,000 feet, but owned vehicles with the technology, congestion by keeping lights green Advertising Sales Gerry Golinske, Catherine Grace, Joe Miller, Diane Owen, Sarah Stachowicz, nected vehicles likely will include Smith said signals could be transmit- Smith said. UM’s Mobility Transforma- if they sense heavy traffic, she said. ClassiŠed Sales Manager Angela Schutte, cybersecurity protections; mapping ted beyond that distance if they tion Center and a group of automak- “We have 900 square miles across (313) 446-6051 and geopositioning services that bounce off of multiple vehicles’ re- ers also jointly applied for the grant. Oakland County. If you want to put ClassiŠed Sales Lynn Calcaterra, (313) 446-6086 Meetings/Events Director Kim Winkler can identify a vehicle’s location; and ceivers as part of a larger network, he State road administrators also are radios across them, it’s going to cost Events Manager Kacey Anderson a data center equipped with servers said. That allows the state road de- developing a single back-end sys- some money,” Deneau said. Senior Art Director Sylvia Kolaski to collect data transmitted from ve- partment to target locations along tem that can process all the data Cities, too, are looking for guid- Marketing Manager Marilyn Barnes Special Projects Coordinator Keenan Covington hicles and to send signals, the roadsides at least every half mile, if collected from connected vehicles. ance on how to tackle the infra- Sales Support Suzanne Janik group’s report suggests. not farther, which also lowers the cost. Arada Systems, a subsidiary of structure question, said Richard Production Manager Wendy Kobylarz Potential applications are numer- The U.S. Department of Transpor- Southfield-based Lear Corp., is the Murphy, the Michigan Municipal Production Supervisor Andrew Spanos ous. Not only could this technology in 2012 launched a $25 mil- state’s current supplier of the con- ’s Civic Innovation Labs pro- CUSTOMER SERVICE tation League Main Number: Call (877) 824-9374 support the mobility industry, the au- lion pilot deployment program in nected vehicle technology. Arada gram coordinator, who helps cities or [email protected] thors wrote, but it also could contrib- Ann Arbor along with UM’s Trans- Systems was founded in Silicon Val- adapt to changing trends through Subscriptions $59 one year, $98 two years. Out of state, $79 one year, $138 for two years. Outside U.S.A., add $48 ute to driver safety improvements, portation Research Institute, with ley as a spinoff of Qualcomm Atheros planning and public engagement. per year to out-of-state rate for surface mail. Call (313) help public agencies monitor road the university receiving about $13 Inc., owned by San Diego-based The emerging industry sector 446-0450 or (877) 824-9374. conditions, enable international bor- million. The pilot program sent wireless technology developer Qual- also raises questions that impact Single Copies (877) 824-9374 Reprints (212) 210-0750; or Krista Bora at der crossings and collect fees. 2,800 cars, trucks and buses onto comm Inc. Arada recently moved its community planning. [email protected] Even so: “For the purposes of this Ann Arbor streets, equipped with headquarters to Troy. For instance, he said: Should cities To Šnd a date a story was published (313) 446-0406 or analysis, it is assumed that there will two-way technology that allowed The effort goes beyond passenger start laying conduit and fiber optic ca- e-mail [email protected] vehicles. The U.S. Army, through its bles when they rebuild local streets Crain’s Detroit Business is published by Crain Communications Inc. Tank Automotive Research, Develop- today to prepare for smart infrastruc- Chairman Keith E. Crain ment and Engineering Center, last ture needs a decade from now? Do President Rance Crain Race for mobility test beds week tested how military vehicles municipal leaders invest in more Treasurer Mary Kay Crain Executive Vice President/Operations can communicate with roadside parking to alleviate congestion today William A. Morrow Michigan is one of a number of tems. The federal transportation devices the state transportation de- if the mobility industry will lead to less Executive Vice President/Director of Strategic states vying to be a national leader in department said Columbus beat partment installed along I-69 in St. car ownership and more ride sharing? Operations Chris Crain Executive Vice President/Director of Corporate mobility, particularly as it pertains to 77 other cities — including finalist Clair and Lapeer counties. “The consensus was, yes, more an- Operations KC Crain development of connected and au- cities Austin, Texas; Denver; Kan- swers are needed on this, and things Vice President/Production & Manufacturing tomated vehicles and smart infra- sas City, Mo.; Pittsburgh; Portland, Taking the lead are still pretty wide open,” Murphy Dave Kamis Chief Information O“cer Anthony DiPonio structure systems — including sen- Ore.; and San Francisco — in part For the time being, the federal said. “It is definitely something that G.D. Crain Jr. Founder (1885-1973) sors and other devices that can allow because it planned to launch three government is taking the lead on we are looking at and thinking about.” Mrs. G.D. Crain Jr. Chairman (1911-1996) cars to share data with traffic signals, electric, driverless shuttles be- many of the early developments. Lindsay VanHulle: (517) 657-2204 Editorial & Business O“ces 1155 Gratiot Ave., Detroit MI 48207-2732; bridges and roadsides. tween a shopping district and a Congress included a provision in Twitter: @LindsayVanHulle (313) 446-6000 The state has the advantage of new bus rapid transit facility. Cable address: TWX 248-221-5122 AUTNEW DET having the legacy auto industry Detroit and the St. Clair County CRAIN’S DETROIT BUSINESS ISSN # 0882-1992 is published weekly, except for a special issue the third week headquartered here, but that cities of Port Huron and Marysville INDEX TO COMPANIES of November, and no issue the third week of December by doesn’t guarantee market share. applied for the program; neither These companies have signicant mention in this week’s Crain’s Detroit Business: Crain Communications Inc. at 1155 Gratiot Ave., Detroit MI Case in point: The U.S. Department was a finalist. U.S. Transportation Bedrock Manufacturing ...... 1 HouseSetter LLC ...... 4 48207-2732. Periodicals postage paid at Detroit, MI and additional mailing o¦ces. POSTMASTER: Send address of Transportation last week named Secretary Anthony Foxx said in a Blue Cross Blue Shield of Michigan ...... 3, 5 Michigan Department of Transportation ...... 1 changes to CRAIN’S DETROIT BUSINESS, Circulation Columbus, Ohio, the winner of its recent op-ed in The Columbus Dis- Boydell Development ...... 15 Michigan Municipal League ...... 18 Department, P.O. Box 07925, Detroit, MI 48207-9732. GST Smart City Challenge and eligible patch that the federal government FirstMerit of Michigan ...... 3 Midtown Detroit ...... 3 # 136760444. Printed in U.S.A. Contents copyright 2016 by Crain Communications Inc. All for $50 million in federal and pri- plans to help all cities that applied Gemphire Therapeutics ...... 14 Penske Automotive Group ...... 1 rights reserved. Reproduction or use of editorial content in vate funding to help it develop find additional federal dollars for General Motors ...... 16 Road Commission for Oakland County ...... 18 any manner without permission is strictly prohibited. intelligent transportation sys- their mobility projects. Health Alliance Plan ...... 3 Shinola/Detroit LLC ...... 1 CRAIN’S DETROIT BUSINESS // JUNE 27, 2016 19 ON THE WEB RUMBLINGS WEEK JUNE 18-24 center in Southfield, Automotive Detroit Digits News reported. UAW cancels n Idemitsu Lubricants America A numbers-driven look at last opened its new facility in Wixom strike aer week’s headlines: — the company’s first research and development center in North America. ILA is a subsidiary of agreement 103 Japan-based Idemitsu Kosan Co. The years in business for n Detroit-based Blackbourne with Sakthi Novi-based Frank W. Kerr Co., Worldwide, a startup company once one of the country’s largest specializing in cybersecurity, won he UAW and aluminum independent pharmaceutical the first Macomb-Oakland University CHRISTOPHER DENSLOW wholesalers, before its scheduled Tcastings supplier Sakthi INCubator Adopt-A-Biz program The UAW-GM Spirit of Detroit HydroFest will bring speedy hydroplane boats to the Automotive Group Inc. USA agreed closing this week. award. Detroit River in August. to a tentative labor agreement, and n Livonia-based Tower Interna- a strike threatened by the union tional Inc., which makes a variety of was canceled, the UAW said Friday. $100,000 metal components for cars and Keith Crain named grand Workers at Sakthi’s Detroit plant, The amount awarded by the San trucks, said its board authorized a represented by UAW Local 6000, Francisco-based Thiel share repurchase program of up to were to vote on the deal Sunday; Foundation to Lunar Labs, a $100 million of the company’s marshal of 2016 APBA Gold Cup terms weren’t immediately known. Detroit startup. Lunar Labs will common stock. receive mentorship from current n The Kroger Co. of Michigan eith Crain, chairman of have passion for speed and believe COMPANY NEWS and former fellows, as well as said it will close a West Bloomfield KDetroit-based Crain Communi- there is no such thing as too much n The planned Little Caesars from the Thiel Foundation’s Township store as of July 16. The cations Inc., has been named grand horsepower.” Enterprises Inc. headquarters in network of technology store, at 6433 Orchard Lake Road, marshal of the 2016 APBA Gold Cup As grand marshal, Crain will downtown Detroit is expected to entrepreneurs, investors and is among the seven Hiller’s Markets hydroplane boat race on the preside over pre- and post-race feature a unique formed-glass scientists. stores Kroger acquired last year. Detroit River. festivities; greet drivers, sponsors exterior shaped in 14-foot-tall The UAW-GM Spirit of Detroit and dignitaries; and perform other triangles that look like pizza slices, OTHER NEWS HydroFest is slated for Aug. 26-28. symbolic duties, race organizers an homage to the country’s 37th n The Michigan Department of Both the race and Crain Com- said. third-largest pizza chain. Con- The ranking of Ann Arbor-based Environmental Quality denied a munications are celebrating their Crain, instrumental in develop- struction is slated to begin this RetroSense Therapeutics LLC permit request for a bridge to 100th anniversaries in 2016. ment of the Automotive News World summer. Costs were not disclosed, on the annual list by the MIT Harsens Island proposed by “With both of these milestones Congress and North American but one estimate set the price at Technology Review of the 50 Manuel “Matty” Moroun’s Detroit happening this year, it’s truly an International Auto Show, also is more than $70 million. smartest companies in the world. International Bridge Co., citing honor and pleasure to be chosen to editor-in-chief of Crain’s Detroit n Billionaire investor Carl Icahn RetroSense’s drug to treat “significant adverse impacts” on represent this year’s HydroFest as Business and Automotive News. raised his bid to acquire the patients with retinitis pigmentosa natural resources and wetlands, grand marshal,” Crain said in a Gold Cup ticket and sponsorship remaining stake in South- began human trials in March. the Detroit Free Press reported. The statement. “After all, Detroit is the details are available at field-based parts supplier Feder- DEQ denied a similar proposal motor capital of the world, and DetroitBoatRaces.com or by calling al-Mogul Holdings Corp. Icahn, from the company in 2007. anyone who knows me knows I (313) 329-8047. already the company’s largest Rapids-based Metro Health Corp. Moroun owns the Ambassador shareholder, said in a letter to the n Vibra Healthcare LLC is Bridge. board of directors that he would opening a third location, at Detroit n Gov. Rick Snyder signed a Author to discuss foster care, as well as adolescent increase his offer to $8 per share, Medical Center’s Rehabilitation $617 million bailout and restruc- health and development and up from the $7 per share offer he Institute of Michigan that will turing plan for the debt-ridden breast cancer surgery educational nonprofits that made in February. occupy 16,000 square feet starting Detroit Public Schools, AP reported. After a 40-year journalism career improve public access to art, said in n Detroit Tigers catcher James July 1. A long-term acute care The district has been managed by writing mostly about health care a statement that the Prince's Trust McCann signed a three-year hospital, Vibra Hospital of the state for seven years amid (and competing with Crain’s Detroit is a natural fit for its support. endorsement deal with Royal Southeastern Michigan-DMC plummeting enrollment, deficits Business beat reporters for more The Scagliones were guests at a Oak-based sweat-wicking dress Campus will operate 28 beds. Vibra and teacher protests. than 20 years), Patricia Anstett 40th-anniversary celebration for shirt company Lawrence Hunt in Healthcare is based in Mechanics- n Tuition and fees for under- retired from the Detroit Free Press in the U.K. program May 17. which McCann received an burg, Pa. graduate students at Eastern 2011, but she kept writing. ownership stake. Terms were not n Detroit-based Quikly, a digital Michigan University are going up by Her new book, Breast Cancer disclosed. marketing platform for retailers, 4.1 percent this year, as approved Surgery and Reconstruction: What’s n The Arts League of Michigan, announced it has closed on a by university regents. Right for You (Rowman & Little- Newsletter publisher, which operates as the Carr Center funding round of $3 million, led by n The outdoor art installation field), has led to a niche — speaking gad€y White dies at 75 in Detroit, secured more than Plymouth Ventures of Ann Arbor. “Hamtramck Disneyland” will with women and health care $775,000 in grants in recent weeks n Durr AG, the No. 1 global become the home of an artist providers in town hall formats at Detroit said goodbye to one of its to help it implement a sustainability builder of automotive paint shops, residency program and gallery many of the hospitals she used to gadfly/watchdogs last week when plan and proposal for a new home. has consolidated three Detroit-ar- space under a new plan by Hatch cover. services were held at Christ Church n The University of Michigan ea facilities — in Auburn Hills, Art in Hamtramck, the Michigan First up: A session from 5-7 p.m. in Detroit for Bradford White, 75, Health System signed a letter of Plymouth Township and Wixom Economic Development Corp. and Wednesday at Henry Ford West longtime downtown resident and, intent to merge with Grand — into a $40 million technical the Michigan State Housing Bloom‹eld Hospital. Call (248) for many years, publisher of the Development Authority. 325-3890 or email [email protected]. irregular newsletter The Observa- Plans for the new n Charles Pugh, former Detroit tion Balloon. Little Caesars City Council president, was charged The small-circulation newsletter of Global Resource with criminal sexual conduct in a Park West Foundation about 400 copies carried a $125 Center call for a case from more than a decade ago annual subscription price. In it, White walkway to involving a 14-year-old boy, AP gets a royal welcome opined about everything from connect it to reported. Pugh was awaiting Founder and CEO Albert national politics to local restaurant oces above the extradition to Michigan after being Scaglione of Southfield-based Park fare as well as providing insights into Fox Theatre in arrested in New York City. West Galleries Inc. and his wife and the local governments whose public downtown Detroit. n Dan Gilbert, Quicken Loans Inc. corporate secretary, Mitsie Scagli- meetings he attended, often tilting at chairman, celebrated a National one, were guests of Prince Charles at philosophical windmills. PHOTO COURTESY Basketball Association champion- a Buckingham Palace event last What many didn't know is that OF LITTLE CAESARS ship as majority owner of the month, as the couple's nonprofit he was at one time president of the Cleveland Cavaliers, which defeated Park West Foundation is becoming a Detroit Writers Society and had the Golden State Warriors in the supporting patron of the global reportedly received a Hopwood seventh game of the NBA Finals. charity Prince’s Trust International. Prize at the University of Michigan for Nate Forbes, managing partner of Park West Foundation, founded creative writing. White died May 9 Southfield-based The Forbes Co., is in 2006 to support programs for at St. John's Hospital, said Saulius minority owner of the Cavaliers. orphaned young adults aging out of Simoliunas, a longtime friend. PN Full pg_DBpageAD.qxd 6/24/2016 4:10 PM Page 1

Reach Key Players in Michigan’s FOOD Economy

On Aug. 22, Crain’s Detroit Business will off er an immersion in the economy of food through in-person events, discussion panels and innovative dialogue at Eastern Market. Don’t miss a chance to reach key players in Michigan’s food economy such as owners, executives, entrepreneurs, distributers, growers, and investors with these two distinct sponsorship opportunities.

Key players from local food companies will gather to focus on building Michigan’s supply chain and pairing ideas with the visions from major national food companies.

An invitation-only pitch event to showcase 12 exciting food companies and give investors a chance to see the up-and-coming companies in the state’s food sector.

Reach food-oriented leaders in Michigan with your ad in Crain’s 3OXV special food economy issue on AUG. 8 • AD CLOSE: JULY 28

Contact: Matt Langan, Advertising Director,Crain’s Detroit Business at [email protected], (313) 446-6032

Nonprofi ts: Tell your story to the business community at a discounted rate! 2016 GIVING GUIDE

Position your nonprofi t profi le in front of business owners, CEOs, presidents and top-level executives in the Oct. 24 issue of Crain’s.

Your nonprofit will be featured in SPECIAL the digital edition for an entire year OPPORTUNITY on CrainsDetroit.com Buy a spread and SOXV BONUS DISTRIBUTION: be featured as a “Nonprofi t of 750 copies distributed to wealth managers and estate/trust attorneys Note” in one of in Southeast Michigan Crain’s Detroit Business weekly 800 additional copies will be newsletters. distributed at the AFP annual * Philanthropy Day Dinner Only 19 available

Publication Date: Oct. 24, 2016 | Profile Reservation Deadline: Aug. 15 | Profile and Ad Materials Due: Sept. 1

CONTACT: Matt Langan at [email protected] or (313) 446-6032 *At the time of publishing