Project Unfinished, Parties in Court

Project Unfinished, Parties in Court

20100913-NEWS--0001-NAT-CCI-CD_-- 9/10/2010 6:34 PM Page 1 ® www.crainsdetroit.com Vol. 26, No. 38 SEPTEMBER 13 – 19, 2010 $2 a copy; $59 a year ©Entire contents copyright 2010 by Crain Communications Inc. All rights reserved Page 3 Bill doesn’t unite sides Path opened for road funds on Detroit River crossing Budget deal would yield match for federal money BUDGET HIGHLIGHTS Yankee Air Museum rises Gov. Jennifer Granholm and BY AMY LANE gins Oct. 1. fund, cuts at state welcome centers legislative leaders last week struck from ashes in Ypsilanti CAPITOL CORRESPONDENT As discussed late last week, but no closings, and use of so-called a fiscal 2011 budget agreement, nearly half of “toll credits,” said state Rep. Lee with many pieces still requiring LANSING — Michigan might the $84 million Gonzales, D-Flint, chairman of the yet dodge a road-funding bullet. legislative approval. Elements Health Care Extra would come House Appropriations Committee’s include: A budget agreement being final- from a bond of subcommittee on transportation. ized in the Capitol is designed to Ⅲ A state worker early retirement around $40 mil- The office of his Senate counter- package that also requires produce the $84 million that Michi- lion that the part on the MDOT budget — Sen. employee contributions for retiree gan needs to avoid leaving state would is- Bill Hardiman, R-Kentwood — con- health care costs. $475 million in federal highway sue and would firmed the details Friday but said Ⅲ Budget cuts of 3 percent in funds on the table in Washington. need to repay in the bond piece still could change. state departments. Without the funding, Michigan one year, ac- Kelly Bartlett, Hardiman’s leg- would have faced major cuts next Ⅲ A tax amnesty program waiving cording to indi- islative aide, said Hardiman has penalties for delinquent business year in road and bridge projects — Gonzales viduals working been “more wary of the bonding and individual taxes. and the jobs that go with them. on the Michigan Department of Trans- proposal and the fact that it’s The agreement could be acted on Ⅲ Funding for an $84 million state portation budget. something we have to pay back in match that Michigan needs to draw this week as lawmakers speed to Additional elements include a year,” and is exploring greater $475 million in federal highway Health care advertising approve bills enacting a new state $12 million from the state trans- funds. tailored for ROI, Page 11 budget for the fiscal year that be- portation economic development See Budget deal, Page 24 Crain’s List Largest Wayne County Project unfinished, employers, Page 16 Startup creates device ‘like a GPS’ for diabetic patients This Just In parties in court GlobalHue CEO takes on Hygieia asks FDA for sales OK Dearborn BY JAY GREENE effective way for patients to new role in two offices Judge’s order: Michigan Howard 12 CRAIN’S DETROIT BUSINESS manage diabetes. Don Coleman is taking So in 2008, Hodish and more direct control of Global- Construction Disputed Eran Bhashan was an engi- Bhashan formed Hygieia Inc., a Hue, the Southfield-based Tenny site neering doctoral student in startup medical device compa- multicultural advertising 2007 at the University of Michigan ny based at Spark Central, the agency he founded in 1988. starts Oct. 1 W. Village when he learned from UM en- Ann Arbor business incuba- Coleman, the company’s docrinologist Israel Hodish, tor, to develop an innovative CEO, has taken on the new BY DANIEL DUGGAN M.D., that most diabetic pa- glucose meter with a calcula- role of general manager at CRAIN’S DETROIT BUSINESS Parking tients fail to adequately treat tor for a brain. garages the Southfield and New York At the 2003 groundbreaking for and manage their disease, Called a Diabetes Insulin Railroad tracks offices. He assumes the office the redevelopment of a former Ja- Park leading to poorer health and Guidance System, the device oversight role that was previ- cobson’s store site in Dearborn, JEFF JOHNSTON/CDB higher health care costs. uses innovative software to an- ously that of Vice Chairman city officials saw the project as the Because blood-sugar levels alyze blood-sugar levels and Allen Pugh, who retains that future of the city. change regularly — and some- tell patients how much insulin title but is now CEO of the Now, as lawsuits, bankruptcies It’s becoming times dramatically — between they should give themselves sister companies that service and scathing public comments fly, “ physician office visits, based on body chemistry. the agency. the West Village Commons devel- common to see ... Bhashan and Hodish, both Bhashan, Hygieia’s CEO, GlobalHue shifted several opment represents yet another originally from Tel Aviv, other executives as part of conflict created by the region’s re- where cities took on a thought there must be a more See Hygieia, Page 25 the changes. cession. The agency won the entire A court has ordered construc- lot of risk and are Israel Hodish, M.D., (left) and Eran $50 million Jeep account tion to begin next month on two from Chrysler LLC last year Bhashan of Hygieia Inc. have high hopes midrise buildings planned in Dear- now stuck holding for their Diabetes Insulin Guidance System. and is using that victory as a born’s west downtown. springboard to seek more Meanwhile, the developers filed the bag. full-assignment work. Other bankruptcy for the business enti- ” clients include MGM Grand ties involved with the project to Robert Gibbs, Gibbs Planning Group Detroit, Verizon, Wal-Mart, U.S. cope with mounting court fines set of two parking decks with new Census Bureau and U.S. Navy and defaulted loans. tax revenue from the developments, And the city of Dearborn, which See This Just In, Page 2 is now stuck making payments on set up a deal to pay for a $12 million them out of the general fund. “It’s becoming common to see sit- uations like this where cities took on a lot of risk and are now stuck holding the bag,” said Robert Gibbs, director of Birmingham-based Gibbs Planning Group, which provides de- velopment consulting services across the country. NEWSPAPER See Project, Page 25 ALAN WARREN 20100913-NEWS--0002-NAT-CCI-CD_-- 9/10/2010 6:03 PM Page 1 Page 2 CRAIN’S DETROIT BUSINESS September 13, 2010 2008 with $300 million in state Affolter-Caine led the April Community Central Bank in Mt. THIS JUST IN The way it was: 2003 pension fund money. 2009 launch of the website Clemens, Fidelity Bank of Dearborn, — Tom Henderson interninmichigan.com, which First National Bank in Howell, Michi- ■ From Page 1 Throughout our 25th-anniversary sought to connect students with gan Commerce Bank in Ann Arbor, year, Crain’s will use this space Small-biz awards seek nominees 25,000 internship opportunities Oxford Bank, Paramount Bank in to look at interesting items from in the state by 2014. Farmington Hills and Peoples State multicultural accounts. past issues. Nominations for Michigan Cel- Thelma Castillo, executive vice Bank in Madison Heights. With an estimated $123.8 mil- ebrates Small Business awards president, will oversee the pro- Twelve of the 137 banks in the lion in 2008 revenue, the agency will open on Oct. 1. gram’s day-to-day operations un- state got zero ratings based on is the eighth-largest advertising The expec- The contest — founded by the til a replacement is found. data filed with federal regulators and marketing firm in metro De- “ U.S. Small Business Administration, The chamber is working with for the quarter that ended June troit, according to Crain’s annu- tations were the Small Business Association of the program’s grantors, the New 30, compared to 14 that got zero al Book of Lists. that we’d never Michigan, the Michigan Economic De- Economy Initiative and W.K. Kellogg stars the previous quarter. In 2007, GlobalHue began a velopment Corp., the Michigan Small Foundation, to determine a time- Twenty-six banks got five-star $4 million organizational restruc- go to a restaurant again. We’d Business & Technology Development line for a replacement, said Sandy ratings statewide, up from 25. turing that includes a 40,000- Center and the Edward Lowe Founda- Baruah, the chamber’s president Three metro Detroit banks got square-foot office in New York never buy a car again. We’d be tion — honors Michigan’s small and CEO. five stars, all repeats from last City’s financial district. Global- businesses in three broad cate- Affolter-Caine is seeking op- quarter — Auto Club Trust FSB of Hue has become a holding compa- glued to MSNBC and CNN. gories including Small Business portunities in higher education, Dearborn, First Michigan Bank of ny for four units aimed at African- ” Awards and Small Business she said. Troy and Shelby State Bank. American, Hispanic, Asian and Champion Awards. The Michigan — Dustin Walsh Bauer Financial evaluates cap- emerging youth markets. David Sowerby, 50 Companies To Watch, which ital-to-debt ratios, profit and loss Coleman founded the agency as Loomis, Sayles & Co., Birmingham recognizes fast-growing second- trends, delinquent loans and Don Coleman and Associates, an From an April 7, 2003, article stage companies across the state, 8 area banks rated with no stars charge-offs, historical data, liq- African-American agency. Acqui- about the local economy being soft is also part of the contest. Florida-based Bauer Financial uidity, community reinvestment sition of two other agencies led to but faring better than some To learn more about award cat- Inc. released its quarterly ratings ratings and market versus book the creation of GlobalHue in 2000.

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