Tag Archive | "million"

MSU gets anonymous $1 million gift for gay center

— An anonymous gift of $ 1 million will expand programs at Michigan State University’s Lesbian, Bisexual, Gay, Transgender Resource Center. Full News here – Schools RSS from The Detroit News

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Landaal Packaging Systems breaking ground on $5 million addition in Bay City

Landaal Packaging Systems officials have announced plans to break ground on a $ 5 million expansion at the company’s Delta Containers Division in Bay City. A groundbreaking event is to take place at 2 p.m. Wednesday, July 23, at the Delta Containers Division site, located at 1400 Eddy St. on Bay City’s East Side. Full […]

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Is the $650 million arena project a linchpin in Detroit’s economic recovery?

The argument by officials of the Detroit Economic Growth Corporation and the Michigan Economic Development Corporation – and of course by Olympia Development itself- is that the project will catalyze further economic development in the core of the city. Full News here – Detroit Business News

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View $650 million Detroit Red Wings arena, entertainment district plans in photo gallery

DETROIT, MI — Want to see what $ 650 million gets you in downtown Detroit? Check out in the photo gallery above Detroit Red Wings owner Mike Ilitch’s bold plan for a new hockey arena and entertainment district that’s expected to be completed by summer 2017. Ground for this bold project is expected to be […]

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Detroit Red Wings owner Mike Ilitch on $650 million arena, district: ‘I couldn’t be more excited’

DETROIT, MI — Detroit Red Wings owner Mike Ilitch and his family released in a press release plenty of details about a bold $ 650 million plan to build a new hockey arena and entertainment district downtown The investment will include tens of millions of dollars in public infrastructure improvements such as lighting, sidewalks, green […]

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Detroit bankruptcy: DTE Energy Foundation adds $5 million to $26.8 million

Detroit bankruptcy: DTE Energy Foundation adds million to .8 million … DETROIT, MI – The DTE Energy Foundation made a pledge Wednesday to help the city emerge from bankruptcy and play a role in the so-called "Grand Bargain" campaign. The foundation agreed to contribute a $ 5 million grant for the cause, in addition to … […]

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Visteon transferring $350 million in pension assets to Prudential

Automotive News – Visteon Corp. entered into an agreement to transfer a portion of its U.S. pension assets to Prudential Insurance Co. of America as part of its ongoing restructuring. Under the agreement, Visteon will transfer $ 350 million of its $ 1.1 billion pension obligations to Prudential. The Visteon Pension Plan will purchase a […]

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Metro Detroit’s ‘Ask Dr. Nandi’ earns $1.5 million film incentive

The Michigan Film office has awarded $ 1.5 million to an hour-long television show by Dr. Partha Nandi, a Troy-based gastroenterologist. Full News here – Detroit News

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JP Morgan Chase provides $5.5 million toward buying and rehabbing Detroit homes like this one

JPMorgan Chase announced Thursday it is providing $ 5.5. million to Liberty Bank’s non-profit community financing arm to help home buyers purchase and restore properties in the city. Full News here – Detroit Business News

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Old Wayne County Building to sell for $  13.4 million

Old Wayne County Building to sell for $13.4 million

Kirk Pinho – The vacant Old Wayne County Building at 600 Randolph St. and a county-owned parking lot at 400 E. Fort St. in downtown Detroit are being sold to a private New York City investment group for $ 13.4 million. The 250,000-square-foot building was built between 1897 and 1902 and was home to Wayne […]

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$1 million awarded to UM prof for chemistry teaching

Ann Arbor — A University of Michigan professor of chemistry and engineering has won a five-year, $ 1 million grant as one of 15 scientist educators selected as Howard Hughes Medical Institute professors. Full News here – Schools RSS from The Detroit News

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$28 million development to turn former Detroit Fire HQ into boutique hotel with restaurant and retail

Aparium Hotel Group said it plans a $ 28 million renovation project of the historic, 5-floor building at 250 W. Larned in downtown Detroit. Full News here – Detroit Business News

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Cavaliers keep Kyrie Irving with max $90 million deal

Dogged by rumors that he has wanted out of Cleveland, Irving and Cavaliers owner Dan Gilbert tweeted Tuesday morning that they have agreed to terms on a new five-year contract extension. Full News here – Detroit Pistons RSS from The Detroit News

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GM announces six new recalls covering 8.4 million vehicles

General Motors Co.’s ignition switch troubles continue to escalate. The Detroit-based automaker today announced six new recall campaigns covering 8.4 million vehicles globally, including two recalls of 8.2 million due to “unintended ignition key rotation.” Full News here – Detroit Business News

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Flint school district’s deficit grows $10 million

Flint — The Flint school district’s deficit has grown by $ 10 million in seven months to $ 20.4 million. Full News here – Schools RSS from The Detroit News

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