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20120305-NEWS--0001-NAT-CCI-CD_-- 3/2/2012 6:47 PM Page 1 ® www.crainsdetroit.com Vol. 28, No. 10 MARCH 5 – 11, 2012 $2 a copy; $59 a year ©Entire contents copyright 2012 by Crain Communications Inc. All rights reserved Page 3 When film credits dried up, What’s behind Beaumont NEI crafts recruiting new chiefs? Cut! so did Raleigh’s payments Sale of Barden building brings estate closure closer NATHAN SKID/CRAIN’S DETROIT BUSINESS program to Focus: Innovations boost tech Grants to top $30M; Midtown a target BY CHAD HALCOM tax credits, Raleigh Michigan could CRAIN’S DETROIT BUSINESS continue to operate for five more years BY TOM HENDERSON CRAIN’S DETROIT BUSINESS aleigh Michigan Studios opened without returning another dime. Michigan Motion Picture Studios LLC The New Economy Initiative has embarked on an under a marquee of co-owners , which owns and operates Raleigh Stu- ambitious 10-year program called the Regional Inno- R with names almost as vation Network to boost high-tech development and Breast cancer ultrasound renowned in Michigan as the Holly- dios Detroit in Pontiac, is co-owned job creation in Southeast Michigan, with a particu- lar emphasis on Detroit’s Mid- wood stars and directors they hoped by its CEO, Linden Nelson; John tech nears marketplace, Rakolta, CEO of Detroit-based Wal- town. to attract. NEI Executive Director David bridge Aldinger Co. Page 11 But the studio in Pontiac likely will , which built the stu- Egner said the initiative — de- miss a second consecutive bond pay- dio; A. Alfred Taubman, founder of signed to connect the dots of in- Bloomfield Hills-based Taubman Cen- novation, from the riverfront to Crain’s lists: IP law firms, ment to investors in August unless it Ann Arbor and East Lansing — ters Inc.; and William Morris Endeavor En- biotech firms, Pages 17-18 lands another big-budget film pro- will make at least $30 million in tertainment, duction lease soon or the state eases headed by co-CEO Ari grants to an array of organiza- Emanuel, brother to Chicago Mayor tions. its cap on film and digital media pro- “This is at least a 10-year This Just In duction incentives. See Raleigh, Page 24 strategy,” he said. “The assets Egner That means a second we have here, if strung together, can create one of the most innov- Agencies target public payout by the Michigan WINNERS ative, creative hubs in the coun- corruption with task force State Employees Retirement try.” Grants: Projects System Organizations getting ap- that received A host of federal and local , which guaranteed NEI funding, agencies announced last most of the bonds and al- proved for grants so far include Page 23 the Innovation Institute at Henry week a new task force target- ready covered most of the ing public corruption. Ford, TechTown, NextEnergy, the The multiagency task studio’s $630,000 interest technology transfer office at Wayne State University force includes representa- payment to bondholders and Midtown Detroit Inc., all in Detroit; and the Michigan Life Science and Innovation Center, a tech in- tives of the FBI, the state at- last month. torney general, the U.S. Inter- NATHAN SKID/CRAIN’S DETROIT BUSINESS cubator in Plymouth Township that is a joint ven- Still, under an unusual nal Revenue Service’s Raleigh Michigan Studios in Pontiac includes 170,000 See NEI, Page 23 Criminal Investigation Divi- provision tied to federal square feet of studio and mill space for film work. sion, the U.S. Department of Housing and Urban Develop- ment’s Office of the Inspector General, the U.S. Environmen- tal Protection Agency’s Crimi- Biz partners keep plates full developing restaurants, beers nal Investigation Division, the U.S. Department of Trans- BY NATHAN SKID about $2.5 million to renovate, in- portation’s Office of the In- CRAIN’S DETROIT BUSINESS cluding a 3,400-square-foot expan- spector General, the Michigan sion. The more than 8,000-square- State Police and the Detroit Po- By the time construction begins foot restaurant is expected to open lice Department. this spring on the expansive Jolly by the end of the year. A release issued last week Pumpkin Café and Brewery in down- And that’s just the beginning for by the FBI said public cor- town Royal Oak, Greg Lobdell and Carlson and Lobdell, co-founders ruption is the FBI Detroit Di- Jon Carlson will be knee-deep into of Ann Arbor-based 2 Mission De- vision’s highest criminal pri- their next set of projects. sign and Development LLC. ority. The 270-seat Jolly Pumpkin, lo- They also are working on four — Nancy Kaffer cated in a former Citizens Bank other restaurant projects. In Ann branch at 218 S. Main St., will cost Arbor, they are expanding The Blue Tractor Cook Shop and opening a cocktail lounge in its basement called Mash while relocating Café Ha- bana and renaming it Lana Habana. In Royal Oak, Carlson and Lob- dell are refiguring the layout of the Bastone complex, which now en- compasses four dissimilar venues. BOB CHASE Greg Lobdell (left) and Jon Carlson of 2 Mission Design and Development LLC By year’s end, 2 Mission will oc- NEWSPAPER have five restaurant projects under way, including expanding The Blue Tractor See Partners, Page 25 Cook Shop (pictured) in Ann Arbor. 20120305-NEWS--0002-NAT-CCI-CD_-- 3/2/2012 4:57 PM Page 1 Page 2 CRAIN’S DETROIT BUSINESS March 5, 2012 MICHIGAN BRIEFS Region along I-69 becomes downtown casino told developers last week that the project could in- state’s third ‘aerotropolis’ zone For Gentex, rearview rule farther away than it seemed crease crime and problem gam- If Next Michigan Development Corp. bling and suck money from other doesn’t ring a bell, try “aerotropo- The next innovation that Zeeland-based Gentex percent on shipment growth of up to 14 percent over businesses. Bill Martines of Lans- lis.” That’s the term popularized by Corp. may want to pursue is a rearview mirror with three to four years, said David Leiker, a Robert W. ing Futures LLC, which is develop- the state’s first Next Michigan De- a backup camera and a crystal ball, to see oncoming Baird & Co. analyst, in December. ing the project, told them he’ll see velopment Corp.: the Detroit Region detours in the bureaucracy. Gentex reported $1.02 billion in revenue in the that negative comment and raise Aerotropolis around Detroit Metropol- Last week, Transportation Secretary Ray LaHood year that ended Sept. 30. them “instances all across the itan and Willow Run airports. A sec- delayed a requirement that all cars and light trucks President Obama listed the proposed rule as one country where there’s a positive ond was approved for the Lansing sold in the U.S. have rearview cameras. It is the sec- of the five most expensive pending U.S. regulations effect on the community.” area around that region’s airport. ond time that the rule has been delayed. in a letter sent to House Republicans last summer. Also last week, the Lansing Last week, the I-69 International One obvious beneficiary of the proposal would be Requiring backup cameras would add $58 to $203 State Journal published a list of in- Trade Corridor became the state’s Gentex, which makes rearview mirrors that in- to the cost of a vehicle, depending on the model and vestors that includes investors in third and largest you-know-what. clude camera displays. That may explain why the whether it already has a video screen, the National the now-idle Pinnacle Race Course These entities can offer businesses company’s stock took a hit after the delay was an- Highway Traffic Safety Administration has said. Back- in Romulus: Jack Krasula, presi- tax breaks and other incentives to nounced. over accidents cause 292 U.S. deaths annually, most dent of Southfield-based Trustinus locate near major transportation Gentex could see revenue growth of as much as 20 often killing children and the elderly. LLC; Jerry Campbell, former chair- facilities, such as airports or ship- man of Citizens Republic Bancorp; ping ports. The I-69 corridor spans and Robert Liggett Jr., chairman Liveris was wondering how this Google Inc.’s super-high-speed and engineering companies. of Warren-based Big Boy Restau- Genesee, Lapeer, St. Clair and Shi- justifies opposition to Dow’s spon- broadband fiber network. But last Steven Webster, Prima Civitas awassee counties and includes rants International LLC. Martines sorship of this summer’s Olympic week, community and business board chairman and CEO, said the also is president of the Southfield- Flint’s Bishop International Airport Games in London. The head of the leaders, including the Prima Civitas community is “exquisitely close” and the Blue Water Bridge in Port based Internet promotions compa- Indian Olympic Association has said Foundation, announced a plan to to having all of the fiber-optic ca- ny All Day Interactive LLC. Huron. he would protest to the Internation- bring the region broadband ser- bles in place for the first phase. al Olympic Committee and the vice that’s 100 times faster than Find business news from Dow acquires Olympic sponsorship British government, contending what’s available to most homes around the state at crainsdetroit Dow is “linked with the deaths of and businesses. Lansing Casino investors also .com/crainsmichiganbusiness. criticism in buying Union Carbide thousands of Indians.” Liveris The Lansing State Journal re- were behind Pinnacle Race Course Sign up for Crain's Michigan On Dec. 3, 1984, an accident at called that logic “beyond belief.” ported that the first area to receive the Union Carbide pesticide plant re- He added that “because we are a the revved-up broadband would be A small but committed group of Business e-newsletter at crains leased methyl isocyanate gas into healthy company with deep pock- a corridor extending from down- opponents of Lansing’s proposed detroit.com/emailsignup.

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