Public hearing next step for Downs development after unanimous vote
Although the proposed plans for the Northville Downs property received a positive vote, they are far from perfect, planning commissioners asserts.
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Although the proposed plans for the Northville Downs property received a positive vote, they are far from perfect, planning commissioners asserts.
WEST BLOOMFIELD — After pointing out that the construction of residences, condominiums and apartment buildings has increased substantially in West Bloomfield, Township Supervisor Steven Kaplan said that he is “euphoric over the developments.
After three-and-a-half hours of discussion, the Feb. 1 Northville Planning Commission ended with no vote on The Downs development preliminary site plan.
From Crain's Detroit Business: A joint venture between Chicago-based hotel developer Oxford Capital Group LLC and New York City-based hedge fund Taconic Capital Advisors LP has assumed $77 million in commercial mortgage-backed securities debt owed by Ferchill Group and plans to spend the next two years and $16.5 million renovating the tower.
A joint venture has completed the purchase of the historic Westin Book Cadillac hotel downtown after a lender threatened foreclosure on the previous owner. The JV between Chicago-based hotel developer Oxford Capital Group LLC and New York City-based hedge fund Taconic Capital Advisors LP has…