Here are a few stories we're following around metro Detroit this week.
Cannabis development on hold
Two years ago, Chris Webber announced a multi-phased $175 million cannabis development in southwest Detroit. It would have a cultivation site, a lounge and dispensary, and a training facility. Some things have changed since that announcement, including a significant drop in marijuana prices. Plans will be scaled back at the site, but Webber and his team are not ready to announce them yet. The site sits at the Fisher Service Drive and Michigan Avenue. Crain's Detroit Business
Under the I-75 construction
The finish line is in sight for the seemingly never-ending construction of I-75 through Oakland County. Construction should wrap up in September for the 18-mile project. But far under the freeway, work continues on a massive stormwater tunnel, with hopes of avoiding floods like 2014. A boring tool is being used for the project, the same machine that hit a pocket of silt and caused a sinkhole in Madison Heights, trapping the machine for about six months. Still, the freeway project is on time, and the tunnel will be able to hold 25 million gallons of water. Bridge Michigan
Checking into the Godfrey Hotel
Detroit's latest hotel is set to open later this month. The Godfrey Hotel, along Michigan Avenue in Corktown, is accepting reservations with an opening day of August 24. The 227-room hotel will also have a new restaurant, an indoor/outdoor rooftop lounge, meeting rooms, and a ballroom. Oxford Capital is leading the project; they are also leading the new residential development a block away, and they recently purchased and are renovating the Book Cadillac. DBusiness
