A newly dedicated riverfront park at the former Northville Downs returns a covered stretch of the Rouge River to daylight and opens roughly 10 acres of trails and public green space.

A Chicago Fed analysis finds homeowners insurance rose faster than incomes in parts of the Seventh District, squeezing low‑income households and raising cancellation risk.

Nashville’s Oliver Hospitality is expanding beyond Tennessee, adding The Sarasota Modern, plotting a Detroit boutique and moving ahead with historic rehabs in Aiken and Knoxville.

The bankrupt owner of the Herman Kiefer hospital complex has sued the City of Detroit, escalating a fight over the stalled 1151 Taylor St. redevelopment.

Central Michigan University named Dr. Joshua Nosanchuk dean as the university advances a major Saginaw medical campus expansion. The hire is meant to boost training and local impact.

A Neighborhood Enterprise Zone tax abatement approved June 9 cleared the final hurdle for sales of 79 condos at the David Whitney Building, letting the developer begin closings.

Bacall Companies has acquired the five-story building that replaced the long-running Varsity Shop in downtown Birmingham, adding to a recent string of local purchases. The deal highlights continued downtown redevelopment and infill on small parcels.

Just Play leased a 61,752‑sq‑ft former Art Van at 29905 7 Mile Road in Livonia and plans a large indoor family play center in the Detroit suburbs.

Auburn Oaks will deliver about 55 homes, including units reserved for adults with intellectual and developmental disabilities, and organizers say move‑ins begin late 2027.

The buyer of the former Masco headquarters has begun marketing the 415,000‑sq‑ft Taylor campus for conversion and large‑format uses. The purchase closed in October 2025.

SF Capital Group arranged a $32M non‑recourse bridge loan to fund renovations at a 368‑unit Shelby Township apartment complex. The three‑year interest‑only structure gives the sponsor time to execute upgrades.

Fayette Township’s planning commission denied Ranger Power’s 140‑MW Heartwood II permit after months of packed hearings and a zoning consultant’s recommendation. Legal options for the developer remain.

Local officials will weigh three agreements that would clear the way for a Meijer Supercenter on a roughly 32‑acre site west of Hastings. The Joint Planning Commission is set to review final site plans on June 17.