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Protests Erupt In Detroit Of Water Shut-Offs

Back in March of 2014, the Detroit Department of Water and Sewage announced that it would be suspending service for those with $150 or more in outstanding balances, or were over two months behind in their water bills. As of this time, there have been over 42,000 families and homes without water, at some point,…

The Detroit Homecoming

With the anticipated news of Detroit emerging out of bankruptcy, Mayor Mike Duggan has decided to celebrate this feat by incorporating all of Detroit’s familiar faces into one main event. As a moderator of the proposal, Crain’s Detroit Business has entitled this event as “The Detroit Homecoming.” During September 17th– 19th, several prominent Detroit venues…

For The Love Of Chocolate – Detroit Style

VernDale Products, Inc. is placing a $20 million bet on the emotion of love, through an investment that could make Detroit one of the largest chocolate manufacturers in the country. The family based Detroit company specializes in a process of creating dried milk, more commonly found in European chocolate. This creation results in more creamy…

Detroit Institute of Art Worth $4.6 Billion

An updated appraisal of the entire Detroit Institute of Art (DIA) collection has now been valued at $4.6 billion. However, at the most, experts agree that the artwork would bring in between $1 and 1.8 billion. The reason for such a lower amount is due to the heavy litigation battles that would likely arise, in…

Blexting Detroit Properties

Blexting is the newest form of communication that Detroit officials are utilizing to stay updated on properties in Detroit. Blexting, a word that combines “blight” and “texting,” is being put into place to control the blight problem in Detroit, and can be downloaded as an app for any Android based phone. The Detroit Land Bank…

Bankruptcy Solutions Emerge For Detroit Through Police Union Agreement

As Detroit works to recover from filing for Chapter 9 bankruptcy, city officials have been negotiating closely with the police union. As a major labor issue lingering over the city, Detroit has come to a temporary contract agreement, to create a new “plan of adjustment.” This new deal comes directly from The Detroit Police Officers…

The Week In Detroit: Commercial Property Purchases

Over the past few weeks, it’s been challenge to open up the paper and not see someone snatching up prime Detroit commercial real estate. With a new appreciation for Detroit landmarks, more and more companies are purchasing historic locations and renovating them to their full potential. The success of creative minds that have reestablished the…

Detroit Shuts Off Water For Thousands

In an effort to enforce movement and an upward motion to bankruptcy recovery for the city, Detroit water officials have started buckling down on past-due bills. Over 3,000 customers per week have started seeing their water shut off, due to delinquent bills that have exceeded $150 or more. Detroit city representatives say that the process…

Demolition In Detroit: Which Buildings Do You Chose?

Matthew Moroun is the vice president of the Detroit International Bridge Company (DIBC), and often finds himself facing some difficult decisions. His company owns several vacant buildings in the city of Detroit, and it’s his job to decide what to restore, what to tear down, and how to usefully utilize the land. Recently, the DIBC…