Regions Midwest
Detroit to Get $371M Rail System
April 30, 2008

The city of Detroit announced plans to construct a two-rail rapid-transit system along Woodward Avenue from downtown to 8 Mile. An estimated $371 million light-rail system will allow commuters to park in 400 spaces at the State Fairgrounds and ride to and from downtown with stops at 13 to 15 sheltered stations. The Detroit Transit Options for Growth Study concluded an 18-month review about what corridor and type of transit would be the best bet for the city, Detroit Free Press reported. Construction is set to begin in three years, with an estimated 11,000 riders a day by 2013.

 
Recent Midwest Headlines
DLC Acquires Skytop Pavilion in Cincinnati, Has $700M to Spend this Year
July 18, 2008
With more than $700 million in capital in its coffers to spend, privately-held retail real estate company DLC Management Corp. has just made its first purchase of the year, acquiring Skytop Pavilion, a grocery-anchored shopping center in Cincinnati.
Baker & Daniels Open Chicago Office
July 18, 2008
Baker & Daniels L.L.P. has opened an office at 311 South Wacker in Chicago, Ill.
Vehicle Developer Finds a 37,500SF Home in Suburban Detroit
July 18, 2008
The automotive industry in Detroit may be battered but it's not beaten. U.K.-headquartered Gibbs Technologies, a globally recognized developer of high-speed vehicles for consumer and military use, has chosen a property in Auburn Hills as the home of its new North American headquarters.
60,000SF Build-to-Suit Office Planned at 500-Acre Mixed-Use Project in Aurora
July 18, 2008
Development and construction firm Lauth has formed a joint venture with Lend Lease Communities to erect a 60,000-square-foot office building at Horizon Uptown, a 500-acre mixed-use development in Aurora, about 15 miles from Denver, Colo.
Sports Product Retailer Triples Warehouse with 207,000SF Lease
July 18, 2008
Driven to expand its operations due to increasing demand, Dreams Retail Inc. has leased the industrial building at 725 Landwehr in Northbrook, about 25 miles from Chicago, Ill.