Michigan Real Estate News Roundup
A roundup of interesting Michigan real estate news from the past week.
- One of the anchor stores at Twelve Oaks Mall in Novi is being sold at auction but will remain a Sears.
- After sitting vacant for over a decade, a former Chi-Chi’s location at a prime intersection in Livonia is being redeveloped into an Aldi.
- Bayview Association, located outside of Petoskey, requires that owners be “practicing Christians”. That rule is being challenged in litigation.
- Just one week after the closure of Hazel Park Raceway, Northville Downs, the last remaining horse track in Michigan, announces it is being sold to a residential developer.
- Midtown Detroit will be home to another new boutique hotel, West Elm Hotel, a brand extension of the home retailer.
- After over 15 years of promised developments, Commerce Township now believes it has a viable developer for a retail and entertainment complex planned for a large vacant swath obtained by its Downtown Development Association in several transactions.
David Nykanen has over 22 years experience as a real estate lawyer. He is the former Chair of the Real Property Law Section of the State Bar of Michigan. Dave has represented property owners of virtually every type, including retail, multi-family, industrial, office, hotel, and high-end residential.
