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Emagine Entertainment Brings New Cinema Theater to Macomb Township

21 Nov 2014, 7:32 pm

By Veronica Grecu, Associate Editor

Emagine Entertainment Theater - Macomb Township

Emagine Entertainment Theater – Macomb Township

A Michigan-based entertainment company is set to open a new movie theater in Macomb Township by the end of the year.

Tower Construction crews are already working on redeveloping the former Kroger grocery store located at 15251 23 Mile Road on the northeast corner of Hayes Road. The Macomb Daily reports that Emagine Entertainment of Troy plans to open a nine-screen, high-end theater at the site as part of the company’s goal of expanding its presence in Michigan. According to the news source, Emagine closed on the property this past summer after having ruled out several potential locations in Grosse Pointe, St. Clair Shores and Roseville.

“From the moment you enter the venue, you will see and feel the difference. We are confident that we are building the movie theater of the future where guests can reconnect with movies in an environment that is as comfortable as their own living room but with one major improvement: we’ll clean up after them. The movie-goers of Macomb County are in for a real treat,” said Paul Glantz, co-founder and chairman of Emagine Entertainment, Inc., in a prepared statement. This will be Emagine’s eighth location in southeast Michigan.

The 1,070-seat Emagine Macomb was designed to reinvent the movie-going experience though an array of upscale amenities such as:

• An Emagine “E-Max” auditorium equipped with a floor-to-ceiling screen and the latest Dolby Atmos immersive sound system;

• Reclining seats;

• A full-service cocktail bar and display kitchen;

• Nine stadium-style auditoriums with 48-ft. screens;

• In-lobby video boards displaying trailers of upcoming films.

Scheduled to open on December 19, Emagine Macomb will create around 50 new construction jobs.

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Rendering courtesy of Emagine Entertainment

Botsford Hospital Seeking Approval for $160 Million Expansion

16 Nov 2014, 2:56 pm

By Veronica Grecu, Associate Editor

After joining the Beaumont Health group of hospitals in September this year, Botsford Hospital plans to expand its campus in Farmington Hills by the end of 2015.

Botsford Hospital - Farmington Hills

Botsford Hospital – Farmington Hills

In a prepared statement Botsford Hospital announced it filed a Certificate of Need with the State of Michigan for a $160 million expansion, seeking approval to build new medical space and renovate the hospital’s existing structure which was completed in 1965. While the number of beds at Botsford will remain at 330, the expansion plan calls for the creation of private rooms that improve the patients’ recovery process by reducing the risk of infection and offering immediate access to a wider array of up-to-date medical technology.

“As advances are made in medical technology and the needs of our patients grow, our hospital must build to meet patient needs for the immediate and long-term future,” said in an official statement Paul E. LaCasse, D.O., MPH, president and CEO of Botsford Hospital and chair of Beaumont Health’s Clinical Leadership Council. “With this expansion, patients and their families will benefit from the most innovative and advanced medical technologies in a safe and welcoming environment designed for patient-centered care. The patient and caregiver relationship is paramount as we design and build these new facilities.”

If approved by the State of Michigan, the Botsford Hospital will embark on the largest expansion project in 20 years. By the end of 2015 the hospital will have an expanded Emergency and Trauma Center, a new critical care unit, a dedicated observation unit, as well as nine new operating rooms. Also included in Botsford Hospital’s $160 million expansion project is the construction of a five-story, 80-bed tower that will bring the number of private patient rooms to 160, with 24 private beds that will be added to an expanded Intensive Care Unit.

According to an official statement, financing for the expansion project will come through The Botsford Foundation, which serves as Beaumont Health’s fundraising arm.

Located at 28050 Grand River Avenue in Farmington Hills and serving communities in southern Oakland and western Wayne Counties, the current Botsford Hospital opened in 1965 as the Zieger Osteopathic Hospital.

Click here for more market data on Detroit.


Image via Google Street View

Fifth Third Bank Moves into One Woodward, Pledges $85 Million Toward Detroit’s Revitalization Efforts

6 Nov 2014, 4:14 pm

By Veronica Grecu, Associate Editor

A Fortune 500 company and one of Michigan’s largest financial institutions announced plans to join the growing wave of businesses that populate the urban core of Detroit. Fifth Third Bank will relocate its regional eastern operations from its current headquarters in Southfield, MI, into Dan Gilbert’s One Woodward building.

Fifth Third Bank at One Woodward

Fifth Third Bank at One Woodward

To make the move even more profitable for the long term—both for the bank and the financially challenged city—Fifth Third agreed to commit $85 million toward charitable donations, Community Development Corporation tax credit investments, small business lending and economic impact contributions that are expected to help Detroit’s revitalization efforts over the next five years. The bank’s generous commitment is part of an initiative called “5/3 (Five Three) in the D,” which includes more than $1 million in renovations and upgrades at the Northwest Activities Center located at 18100 Meyers, according to a blog post by Opportunity Detroit. Furthermore, the bank will “adopt” Hart Plaza and transform it into a bustling public space along the Detroit riverfront.

The bank will start relocating more than 150 full-time employees into the new regional headquarters in March 2015, and the move is expected to be complete by mid-2016. According to a statement for the press, Fifth Third will occupy 62,000 square feet of space on four floors of the building, which will be renamed  Fifth Third Bank at One Woodward.

Located at 1 Woodward Avenue, the 29-story Class A office building was formerly known as MichCon Building. The structure was completed in 1962 as the first skyscraper designed by architect Minoru Yamasaki, who later created the design for the World Trade Center Twin Towers in New York City. In late 2012, the 333,000-square-foot building was purchased by Dan Gilbert’s Bedrock Real Estate Services for an alleged $8.5 million.

The building was only 60 percent occupied at the time of purchase, but after less than two years Crain’s Detroit Business reported that the vacancy rate at One Woodward was 95 percent.

“Fifth Third Bank’s relocation to downtown Detroit is further confirmation that the center of southeast Michigan’s business community is in the urban core. A well-respected Fortune 500 company moving its large regional headquarters to the city is a major statement,” Gilbert said in a press statement. “Fifth Third Bank has come to the same conclusion as many other small and large businesses: To compete for the best talent, to inspire your people in the most creative and innovative environment possible, and to be exposed to numerous close-by exciting growth businesses who are all potential customers, it just makes sense to locate in downtown Detroit.”

Since 2011 Dan Gilbert’s Bedrock Real Estate Services has invested more than $1.3 billion on more than 60 properties that account for over 90 million square feet of real estate located in Detroit’s central business district. Click here for an in-depth analysis of the city’s transformation efforts.

Image via Flickr author pinehurst19475

Kresge Foundation’s $5 Million Initiative Supports Transformation of Detroit Neighborhoods

23 Oct 2014, 4:25 am

By Veronica Grecu, Associate Editor

Now that the revitalization effort in Detroit’s financial core is building momentum—the M-1 RAIL Streetcar project broke ground recently as an unprecedented, $140 million venture between privately held businesses, philanthropic organizations and local authorities—solutions are being put on the table to help the city’s communities and neighborhoods rise from blight and desolation.

Kresge Foundation logo

Kresge Foundation logo

This week the Kresge Foundation of Troy, MI, launched a new initiative that aims to fund various programs created by Detroit-based non-profits over the next three years. The $5 million “Kresge Innovative Projects: Detroit” initiative focuses on 10 projects that are ready to start and can actively transform their neighborhoods within 18 months. According to the Kresge Foundation, each of these target-projects will receive between $50,000 and $150,000, while up to ten smaller grants will be awarded to organizations that are in the planning stages but look promising enough.

During the first year the Kresger initiative will invest up to $1.5 million in a pilot program, for which the first round of applications is due by December, 2, with grant recipients being announced in March next year. This pilot program will expand over the following two years, the non-profit organization announced.

“We want to expand our pool of nonprofit partners, particularly those working at the grass roots, by recognizing and amplifying that energy and enthusiasm,” said Rip Rapson, Kresge’s president and chief executive officer.

In order to be eligible for a grant opportunity, applicants’ proposals must focus on vacant land transformations, development or redevelopment options for public and/or open space, renewal of Detroit’s water, waste, transportation and communication systems, as well as stabilizing the city’s neighborhoods. The proposals must also be led by Detroit-based non-profit organizations, take place within city limits and comply with the Detroit Future City strategic framework. Furthermore, applicants reaching out for a Kresge grant will have to demonstrate their projects’ transformative impact on the envisaged neighborhoods.


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MSU Announces Year-Long Renovations for Munn Ice Arena

9 Oct 2014, 6:52 pm

By Veronica Grecu, Associate Editor

As the 2014-2015 NHL season kicked off this week, hockey enthusiasts in the Michigan area have one more reason to be happy. Michigan State University (MSU) announced renovation plans for its ice hockey arena in East Lansing.

Munn Ice Arena renovation

“As Munn Ice Arena approaches its 40th anniversary, we’re excited to announce the upcoming improvements that will significantly enhance both the fan and student-athlete experience immediately,” said MSU Director of Athletics Mark Hollis in a statement introducing the year-long renovations. “Our goal is for Munn Ice Arena to represent a tribute to Michigan State’s rich hockey past and a commitment to its future,” he added.

Located at 509 Birch Road on MSU’s campus, the Clarence l. Munn Ice Arena opened on September 25, 1974 as a $3.5 million replacement for the outdated Demonstration Hall which currently serves as a drill hall for the Reserve Officers’ Training Corps and rehearsal space and equipment storage for the university’s marching band. The 6,470-seat Munn Ice Arena, which was designed by Grand Rapids-based Daverman Associates, has already undergone various improvements over the past two years. According to Spartan Athletics’ official website, from 2012 through August of this year MSU has invested over $6.5 million in the building’s HVAC systems, ice sheet, dasher boards, sound system and LED lighting.

The newly announced renovations over the upcoming year are the latest addition of a complete building renovation program which is funded privately through MSU athletics and donations. The list of upgrades includes: improved theatrical lighting; new high-definition video boards; LED ribbon boards; chairback seating; new concourse décor; dressing room décor.

Granger Construction of Lansing will likely continue to serve as MSU’s contractor of choice for the upcoming renovations at the Munn Ice Arena.

Click here for more market data on Detroit.


Rendering via the Spartan Fund


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