Here are a few of the stories we're reading this week.
The Platform to Redico
In the last eight years, the Platform has led development in New Center and the surrounding areas of Detroit. Now Redico is absorbing the company and its portfolio of buildings. Some of the staff will move over to Redico, but not CEO Peter Cummings. The Platform has some larger projects underway, including the redevelopment of 411 Piquette in Milwaukee Junction. They're also partial owner of the Fisher Building; Michigan State University took on majority ownership next year. Crain's Detroit Business
Belle Isle's 10-year journey
It's been 10 years since the Michigan Department of Natural Resources took ownership of Belle Isle. What's happened since? After taking care of trash and broken bathrooms, the team worked on getting the fountain running full time, increasing security, decreasing speeding, and general maintenance. There's still a long ways to go for the park, and the budget has been tighter recently. It's lost revenue from the Grand Prix and the temporary closing of the conservatory cancelled a key fundraiser for the year. The aquarium should see an upgrade in the next few years, and a decision needs to be made soon about the fate of the Belle Isle Boathouse. Detroit Free Press (paywalled)
Demoes in the burbs
The building housing Marvin's Marvelous Mechanical Museum will be demoed so a new Meijer can be built. The Farmington Hills city council voted this week for the demo. But the owner has gone to social media to say it's not over yet and they are looking for a new location for the unique landmark, and they should have until the end of the year to make that decision. Detroit News
And over in Royal Oak, the former Pasquale's restaurant on Woodward north of 13 Mile has been demolished. The restaurant was run by the same family for 70 years and closed in 2019. A new Big Boy will be built on the spot, and there could be an additional building, which they'll know when the company submits a construction permit for the site. The Oakland Press