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Celebrating 20 Years of Economic Development Celebrating 20 Years Of
Celebrating 20 Years of Economic Development Celebrating 20 Years of Jobs Created or Retained 7,037 Housing Units Created or Renovated 4,051 Residential Square Feet Developed 4,679,569 Commercial Square Feet Developed 4,002,746 Retail Square Feet Developed 765,577 Investment Since Inception $251,258,268 Total Investment Leveraged Since Inception $1,420,000,000 Investing for a Better Detroit Throughout the Greater Downtown you can see cranes lifting steel into place, hear jackhammers carving concrete and watch construction workers moving about development sites. People are walking, biking and shopping. The demand for housing remains at an all-time high, new retail attractions are flourishing and there are lines at many new restaurants. These signals of economic growth are gratifying and tell a story of public, private and philanthropic collaboration. In this 2015 Annual Report marking Invest Detroit’s 20-year anniversary, we are celebrating the positive changes to the landscape and the partnerships that continue to make them possible. In 1995, with a vision of creating a catalyst for investment, the founders of Invest Detroit launched one loan fund capitalized with $48M to attract and expand businesses and support real estate development in the City of Detroit. Its mission was to create jobs, increase the tax base and provide a better quality of life for Detroit residents. As the portfolio grew and the economy shifted, new partnership opportunities were identified and new development strategies were envisioned. The 1995 2001 2004 Detroit Investment Board of Directors Developed targeted Fund founded by focused on market- loan program to members of Detroit rate housing and promote housing Renaissance (now job creation density in the Business Leaders Lower Woodward for Michigan) Corridor public, private and philanthropic sectors recognized the the Auburn and First National Building. -
LID - Left NONE CDB.Qxp 10/13/2014 4:16 PM Page 1 CDB Living in the D New CD Magazine Sized 10/6/2014 3:18 PM Page 1
LID - Left _NONE CDB.qxp 10/13/2014 4:16 PM Page 1 CDB Living In The D_New CD Magazine sized 10/6/2014 3:18 PM Page 1 Let’s do this together... We couldn’t be more excited about The District Detroit, a project that engages the entire city, has a far reaching impact for our community, its people, workers and businesses from every corner of the state. We can, and we are, changing the conversation about Detroit. It’s an incredible comeback story in the making. Learn more at DistrictDetroit.com 20141020-SUPP--0001-NAT-CCI-CD_-- 10/15/2014 5:12 PM Page 1 FALL 2014 Page 1 FALL 2006 doing business in our bilities and future of Detroit.” Publisher’s note state. The research is clear: Billionaire/philanthropist Eli Broad spoke Metro areas with strong on the opening night about opportunities in ake no mistake, there is a big bet on core cities do better eco- Detroit and how improving education was key. Detroit. nomically than those that Nicole Curtis, host of “Rehab Addict” on ca- M In this special annual Detroit-fo- don’t. Everybody has a ble TV, announced she would focus the sixth cused supplement, we outline just a few: stake in Detroit’s financial season of her popular show on homes in De- ■ Gov. Rick Snyder bet his political capi- well-being. troit. tal that bankruptcy was Detroit’s best path But to become truly sus- Or this from a top executive in the head- to a sustainable future. tainable, Detroit needs investments to create hunting world: “It felt good to be back in ■ Mayor Mike Duggan, a Democrat, jobs for lower-income — and lower-skilled — Detroit and welcomed by the city that raised took a calculated risk that working with Detroiters, and better schools to attract and me,” wrote Billy Dexter, a Chadsey High Snyder’s Republican team and Emergency keep residents. -
Detroit Media Guide Contents
DETROIT MEDIA GUIDE CONTENTS EXPERIENCE THE D 1 Welcome ..................................................................... 2 Detroit Basics ............................................................. 3 New Developments in The D ................................. 4 Destination Detroit ................................................... 9 Made in The D ...........................................................11 Fast Facts ................................................................... 12 Famous Detroiters .................................................. 14 EXPLORE DETROIT 15 The Detroit Experience...........................................17 Dearborn/Wayne ....................................................20 Downtown Detroit ..................................................22 Greater Novi .............................................................26 Macomb ....................................................................28 Oakland .....................................................................30 Itineraries .................................................................. 32 Annual Events ..........................................................34 STAYING WITH US 35 Accommodations (by District) ............................. 35 NAVIGATING THE D 39 Metro Detroit Map ..................................................40 Driving Distances ....................................................42 District Maps ............................................................43 Transportation .........................................................48 -
Section Four
SECTION FOUR SECTION FOUR ECONOMY AND INVESTMENT ECONOMY & INVESTMENT EMPLOYMENT EMPLOYMENT, EMPLOYMENT SECTORS & GROWTH 76 WAGES 77 COMMERCIAL SPACE 78 REAL ESTATE DEVELOPMENT 82 Section Four | Economy and Investment 75 EMPLOYMENT, EMPLOYMENT SECTORS & GROWTH (4.1) Since 2010, Downtown Detroit has added over 16,000 employees including over 12,000 Quicken Loans affiliated team members, 3,400 Blue Cross Blue Shield employees, and 600 Campbell Ewald employees. (4.2) Total Employment in Greater Downtown, 2011 >1% 2% AREA EMPLOYEE COUNT 50% CORKTOWN 2,329 EMPLOYEES DOWNTOWN 66,489 EMPLOYEES EASTERN MARKET 3,407 EMPLOYEES LAFAYETTE PARK 413 EMPLOYEES 44% MIDTOWN 59,557 EMPLOYEES RIVERTOWN 1, 664 EMPLOYEES >1% 3% WOODBRIDGE 542 EMPLOYEES (4.3) Employment by Sector, 2011 SECTOR EMPLOYEE COUNT 37% 11% PRIVATE EDUCATION & HEALTHCARE 50,875 EMPLOYEES 5% GOVERNMENT 21,596 EMPLOYEES 11% PROFESSIONAL, SCIENTIFIC, TECH & MGMT 27,862 EMPLOYEES 16% LEISURE & HOSPITALITY 15,093 EMPLOYEES 20% CONSTRUCTION, MANUFACTURE & TRANSPORT 6,493 EMPLOYEES OTHER SECTORS 14,482 EMPLOYEES 76 7.2 SQ MI | A Report on Greater Downtown Detroit | Second Edition WAGES (4.4 ) Annual Wages at Greater Downtown Jobs, 2002-2011 2002 2011 WAGE 2011 COUNT $0–$15K 11% 16% – 05% 0–$15K 15,610 $15K–40K 39,501 $40K+ 81,290 $15K–$40K – 09% GAIN 38% 29% LOSS 20% $40K+ 46% + 14% 60% Section Four | Economy and Investment COMMERCIAL SPACE (4.5) Commercial Real Estate in Greater Downtown, All Properties, 2014 NET RENTABLE LEASE RATE VACANCY RATE $20.44 Net Rentable: 26.1M SQ.FT. DOWNTOWN 26,137,026 16% Lease Rate: $20.44 Vacancy Rate: 16% 7,931,165 $16.01 11% Net Rentable: 7.9M SQ.FT. -
Explore Detroit with the Rock Family of Companies by Joining Us On
Explore Detroit with the Rock Family of Companies by joining us on our exclusive Downtown Detroit Tour Experience! While Detroit continues to gain positive traction from the media, business and community leaders from around the globe, we invite you to come see what the hype is all about. Get a behind the scenes look at the revitalization happening in Detroit’s Central Business District. With 100+ properties encompassing over 16 million square feet of space, it’s time to turn to the next chapter and experience something so special that you won’t be able to explain what you saw! Tour stops may include: One Campus Martius (formerly Compuware Building) — Headquarters to Quicken Loans, Meridian Health, & Microsoft; capture a clear snapshot of our vision & mission in Downtown Detroit First National Building — Highlighting the renovation of historic buildings complete with “destination” retail, FNB is truly a work of art Chase Tower (The Qube) — The heartbeat of Quicken Loans, get an inspiring look at a roaring, energy-filled workspace Chrysler House — Home to dPOP, our commercial interior design firm, explore the creation of collaborative workspaces filled with intricate and unique designs Woodward Developments — Tread the path of emerging developments along the Woodward retail corridor such as the iconic Hudson’s site and the first Shinola Hotel Madison Block — Visit the epicenter of Detroit’s tech hub and startup incubator The Belt/The Z — A series of installations from international artists that has become home to Detroit’s booming creative scene and nightlife. -
Skyline Sees Influx of Interest from Tenants and Investors Alike
Detroit Skyline overview Detroit Skyline Review | Spring 2014 Smaller options getting smaller; large occupiers face few choices Direct Availability Sublease Availability Future Availability 10 s k c o l b 6 6 e g r a l f 5 o r e b m u N 1 0 25,000-49,999 s.f. 50,000-99,999 s.f. 100,000+ s.f. 35.0 Financial Acvies Professional and Business Services Informaon Government 25.0 ) s d n For more information please contact: a s 15.0 u o h t ( s b 5.0 o J -5.0 500 Griswold 226 East Hudson Suite 2435 Suite 200 -15.0 Detroit, MI 48226 Royal Oak, MI 48067 0 1 2 3 1 1 1 1 0 0 0 0 2 2 2 2 tel +1 313 309 1700 tel +1 248 581 3300 1 2 5 6 8 10 3 4 9 14 7 15 11 12 13 16 17 19 18 20 21 specialized real estate services to clients seeking increased value by owning, occupying and investing Locations in real estate. With annual revenue of $4.0 billion, Jones Lang LaSalle operates in 70 countries from 1: 211 West Fort 9: One Kennedy Square 17: Tower 500 2: 150 West Jefferson 10: 1001 Woodward 18: Tower 600 estate outsourcing services to a property portfolio of 3.0 billion square feet. Its investment management 3: One Woodward Avenue 11: Compuware Headquarters 19: Ford Field business, LaSalle Investment Management, has $47.6 billion of real estate assets under management. 4: One Detroit Center 12: Tower 100 20: For further information, visit www.jll.com. -
A Report on Greater Downtown Detroit 2Nd Edition
7.2 A Report on Greater Downtown Detroit SQ MI 2nd Edition CONTRIBUTORS & CONTENTS Advisory Team Keegan Mahoney, Hudson-Webber Foundation Elise Fields, Midtown Detroit Inc. James Fidler, Downtown Detroit Partnership Spencer Olinek, Detroit Economic Growth Corporation Jeanette Pierce, Detroit Experience Factory Amber Gladney, Invest Detroit Contributors Regina Bell, Digerati Jela Ellefson, Eastern Market Corporation Phil Rivera, Detroit Riverfront Conservancy Data Consultant Jeff Bross, Data Driven Detroit Design Megan Deal, Tomorrow Today Photography Andy Kopietz, Good Done Daily Production Management James Fidler & Joseph Gruber, City Form Detroit 2 7.2 SQ MI | A Report on Greater Downtown Detroit | Second Edition 04 Introduction 06 Section One | Overview 08–09 Greater Downtown in Context 10–11 Greater Downtown by Neighborhood 12–25 Downtown, Midtown, Woodbridge, Eastern Market, Lafayette Park, Rivertown, Corktown 26 Section Two | People Demographics 28 Population & Household Size 29–30 Density 31 Age 32–33 Income 34 Race & Ethnicity 35 Foreign-Born Education 36 Young & College-Educated 37 Residence of Young Professionals 39 Families 40 Programs for Young Professionals 41 Anchor Academic Institutions Visitors 42–43 Visitors & Venues 45 Hotels & Occupancy 46 Section Three | Place Vibrancy 48–63 Amenities & Necessities 64–65 Pedestrians & Bicycles Housing 66–69 Units & Occupancy 70–71 Rents 72 Incentives 74 Section Four | Economy & Investment Employment 76 Employment, Employment Sectors & Growth 77 Wages 78–80 Commercial Space 82–91 Real Estate Development 92 Note on Data 94 Sources, Notes & Definitions Contributors & Contents 3 INTRODUCTION 7.2 square miles. That is Greater Downtown Detroit. A slice of Detroit’s 139-square mile geography. A 7.2 square mile collection of neighborhoods: Downtown, Midtown, Woodbridge, Eastern Market, Lafayette Park, Rivertown, and Corktown—and so much more. -
Permanent Historic Designation Study Report
PERMANENT HISTORIC DESIGNATION STUDY REPORT FIRST NATIONAL BANK/FIRST WISCONSIN NATIONAL BANK BUILDING 733-743 N. WATER STREET JUNE 2007 INTERIM HISTORIC DESIGNATION STUDY REPORT I. NAME Historic: First National Bank Building First Wisconsin National Bank Building Common Name: 735 N. Water Street II. LOCATION 733-743 N. Water Street Legal Description - Tax Key No: 392-0601-110-x Plat of Milwaukee in SECS (28-29-33)-7-22 Block 2 Lots 1 & 2 III. CLASSIFICATION Building IV. OWNER Compass Properties North Water St. LLC 735 N. Water Street #1225 Milwaukee, WI 53202 ALDERMAN Ald. Robert Bauman 4th Aldermanic District NOMINATOR Donna Schlieman V. YEAR BUILT 1912-1914 (Permit dated July 15, 1912, permit notes) ARCHITECT: D. H. Burnham & Co., Chicago (Permit) VI. PHYSICAL DESCRIPTION The First National/First Wisconsin National Bank building is located at the southwest corner of N. Water and E. Mason Streets in the heart of the Central Business District. It occupies its entire site with no setbacks for landscaping. The west façade fronts directly onto the Milwaukee River. The surrounding blocks are commercial in character with buildings ranging in age from the 1870s to the 1990s. Architectural styles reflect their period of construction and range from Italianate to Post Modern. The First National/First Wisconsin National Bank is a sixteen story, flat roofed building, U-plan in shape with a south facing light court not visible from Water Street. The granite, pressed buff brick and terra cotta masonry exterior is applied over a steel skeletal frame. The building is arranged in the traditional tripartite fashion with a base, shaft and ornamental top. -
At the Building
DISCOVERY AT THE BUILDING ALEX PEREIRA, CHRIS GRIFFIN, ANIKET JOSHI, MINGHUI HUANG NOW THEN THE POSSIBILITIES The Detroit Free Press Building, an Albert Kahn creation built in 1929, is currently for sale at a price of $6.5 million. The property, listed by Friedman, is owned by Investor Emre Uralli who acquired it for over $2,500,000 by buying out distressed debt and foreclosing on the owner. The high rise redevelopment opportunity consists of 14 floors and a 3 level basement consisting of approximately 290,000 total square feet. The Art Deco style building consists of a steel frame structure with limestone facing and although it is presently unoccupied, the building is in good structural shape. The building has the potential to support lower level retail, a second story office, approximately 140 apartment units and 3 levels of basement parking which support approximately 115 spaces. When constructed the building originally housed the Detroit Free Press offices and the printing presses where history was catalogued for the masses making it a unique historical proposition worth saving. The building itself boasts gorgeous hand carved reliefs and sculptures giving the building a unique architectural façade unlike any other building in Detroit. Detroit itself is experiencing a Renaissance thanks to the interest of numerous Billionaires in the region such as Dan Gilbert, George Karmanos, Roger Penske and the Ilitch family. Dan Gilbert has personally acquired 11 buildings in the area touting his “big bang” plan for redeveloping the Woodward corridor into an expansive retail/ and loft style corridor. Detroit is experiencing positive traction and attention on a national level as more eyes focus on this dynamic growth opportunity. -
Coming to Sensors Percent
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. -
Hannah-Neumann/Smithns Table of Contents
Hannah-Neumann/SmithNS Table of Contents 1 Firm Profile 2 Representative Experience NS Firm Profile 1 Our strategic partnership commits a comprehensive, Detroit-based design team to Hannah-XX Neumann/Smith serve the downtown community HANNAH-NEUMANN/SMITH Hannah & Associates has been working with 1500 Woodward Hannah-Neumann/Smith (HNS) is a strategic Neumann/Smith for over 15 years and it is only Suite 300 Detroit, MI 48226 partnership of Hannah & Associates, Inc. (Hannah) natural and fitting that our two firms have formally 313.782.4800 and Neumann/Smith Architecture (Neumann/Smith). come together during Detroit's comeback. We're The limited liability company (LLC) formalizes the excited to be part of the downtown 'buzz' and know it Beverly Hannah Jones, AIA 615.598.1503 cell long-standing business association between our two will spark the imagination of our design professionals [email protected] firms and key partners to create a Detroit-based, and the clients who participate in the process with woman-owned, Minority Business Enterprise us. J. Michael Kirk, AIA offering comprehensive architecture and interior LEED AP BD+C 313.610.8831 cell design services. With new offices in the historic We are jointly and independently committed [email protected] Wright-Kay Building, Hannah-Neumann/Smith to providing exceptional design services in the can better serve current and future clients in the community and look forward to doing great things community and play a prominent role in the City's together in the years to come. Establishing a revitalization. collaborative studio space in an historic downtown building was important to show we're here for the long run and are making a financial as well as personal investment in the future of Detroit. -
Case 15-31086 Document 287 Filed in TXSB on 04/30/15 Page 1 of 130 Case 15-31086 Document 287 Filed in TXSB on 04/30/15 Page 2 of 130
Case 15-31086 Document 287 Filed in TXSB on 04/30/15 Page 1 of 130 Case 15-31086 Document 287 Filed in TXSB on 04/30/15 Page 2 of 130 EXHIBIT A Case 15-31086 Document 287 FiledEXHIBIT in A TXSB on 04/30/15 Page 3 of 130 Service via First Class Mail NAME ADDRESS 1 ADDRESS 2 ADDRESS 3 ADDRESS 4 CITY STATE ZIP COUNTRY 1800 PATHWAYS.COM 1095 E. KING STREET BOX 10 BOONE NC 28607 1960 DIGITAL IMAGING P.O. BOX 4356 DEPT. 667 HOUSTON TX 77210-4356 1960 FAMILY PRACTICE PO BOX 120001 DEPT. 0733 DALLAS TX 75312-0733 1960 FAMILY PRACTICE, P.A. 837 FM 1960 WEST. SUITE 105 HOUSTON TX 77090 1997 HILL TRUST 2303 WINDSOR RD AUSTIN TX 78703 TX 78703 1997 HILL TRUST ATTN: LEGAL DEPT. 2303 WINDSOR RD. AUSTIN TX 78703 VINCENT LOPEZ SERAFINO 1601 ELM STREET, SUITE 1997 HILL TRUST C/O RICHARD G. DAFOE JENEVEIN, P.C. 4100 DALLAS TX 75201 1ST CLASS REMODEL, LLC 3227 LITTLE BEAR DRIVE KINGWOOD TX 77339 2007 GULF COAST SYMPOSIUMON HUMAN RESOURCE ISSUES 7501 FANNIN STREET HOUSTON TX 77054 2007 PATHWAYS BOOKS PO BOX 70 DEEP GAP NC 28618 24 HOUR LOCKSMITH, LLC 945 MCKINNEY ST. #384 HOUSTON TX 77002 3D IMAGEWEAR 3930 WESTHOLME SUITE 300 HOUSTON TX 77063 3E COMPANY 3207 GREY HAWK COURT CARLSDAD CA 92010 3-E COMPANY POST OFFICE P.O. BOX 5307 NEW YORK NY 10087-5307 3-M 3-M 1905 ASTON AVE SUITE#100 CARLBAD CS 92008 3M HEALTH INFO. SYSTEMS CONTRACT ADMINISTRATION 575 WEST MURRAY BLVD.