Airbnb Surpasses 400 Million Guest Arrival Milestone

NEW YORK, New York — Airbnb passed an important milestone. According to Greg Greeley, President of Homes — Airbnb has surpassed 400 million guest arrivals to date. Greeley made the announcement while speaking at the Skift global travel conference in New York this past week. The milestone was reached on August 26, the same month…

Ford expects to spend $740 Million on Corktown Campus

DETROIT, Michigan — Ford Motor Co. announced through its real estate arm, that it plans to spend as much as $740 million on its planned 1.2 million-square-foot Corktown campus, company officials announced Tuesday night. The automaker said it expects to seek $250 million over 34 years through local, state, federal tax incentives to offset the…

Brewster-Douglass site to get $300M development with 913 housing units

DETROIT, Michigan — According to Crain’s Detroit, businessman Dan Gilbert’s real estate firm Bedrock, plans to transform Detroit’s old Brewster-Douglass public housing towers would be transformed into a $300 million-plus residential development of 913 apartments, condos and townhouses. A representative for the Bedrock firm confirmed the general outline of the plan on Thursday. The plan,…

Bill Ford Jr. and Ford Aims to Revive Michigan Central Train Station

DETROIT, Michigan — Ford Motor Companies Bill Ford Jr. revealed his plan to transform the newly-acquired Michigan Central Station into the “centerpiece” of a new campus in Detroit’s Corktown neighborhood. “It feels like there is a kid inside of you that is giddy and can’t wait to come to work here,” said Bill Ford Jr….

Shaq puts Florida Mansion on Sale for $28 Million

ORLANDO, Florida — NBA Hall of Famer, Shaquille O’Neal has put his 28-room lakefront mansion near Orlando, Florida on the market at $28 million. According to the Wall Street Journal, Shaq has placed his 31,000-square-foot home in Windermere, Fla., on the market. The 12-bed, 13-bath mansion includes a full-sized basketball court, movie theater, 17-car garage…

The Corner Mixed-use Development Gets Underway at old Tiger Stadium Site in Detroit

DETROIT, Michigan — Larson Realty Group, the City of Detroit and partners announced the groundbreaking of The Corner, a new $30 million mixed-use development on the former Tiger Stadium site in Detroit’s historic Corktown neighborhood. The building itself weaves history into modern design and will include apartments and studios for rent, with 26,000 square-feet of…

Billionaire Tony James(Black Stone, Executive Vice Chairman) To Discuss His New Book, U.S. Tax Cuts & More On May 24th @Deteconomicclub

DETROIT, Michigan – American Billionaire Tony James(Black Stone, Executive Vice Chairman) will discuss his new book,U.S. trade war fears, employment rates, the defecit, tax cuts and more with the Detroit Economic Club on May 24th, 2018 at the Westin Book Cadillac Hotel. Black Stone Groups Assets jumped 22% to a record $450 Billion and the…

Shaquille O’Neal is opening a $79 Million apartment tower in Newark, NJ

NEWARK, New Jersey — NBA Hall of Famer, Shaquille O’Neal, is bringing a 22-story apartment complex — called “Shaq Tower” to his hometown of Newark, New Jersey — as its first high-rise in more than 50 years. On Tuesday, O’Neal, was joined by Gov. Phil Murphy, Lt. Gov. Sheila Oliver and Mayor Ras Baraka to…

Magic Johnson firm agrees to buy Detroit fairgrounds land

DETROIT, Michigan — Earving “Magic” Johnson, former NBA and Michigan State basketball star plans to redevelop property at the old Michigan Fairgrounds in Detroit under his Magic Plus LLC, which will buy about 16 acres (6 hectares) for just over $29,500 per acre from the Michigan Land Bank Fast Track Authority. On Wednesday, the authority’s…

Big Sean Partnering with Emagine to bring a Movie Theater to Detroit.

DETROIT, Michigan — Big Sean, the Detroit-raised rapper has entered a joint venture with the cinema chain Emagine Entertainment to open a high-end multiplex in downtown Detroit. Paul Glantz, co-founder of the Troy-based Emagine, told the Free Press that while a site has not been locked down, the plan calls for a “luxury venue” housing…