Venture capitalists in North America and Europe sank a record $1.74 billion into cleantech during the third quarter of 2007, according to a report released by the Ann Arbor-based Cleantech Network - up 13 percent from the same time period in 2006.
Ann Arbor will hold a public meeting on the Ann Arbor City Apartments project on Friday evening. The development would create 146 downtown apartments and 241 parking spaces at corner of William and First streets.
Local officials from across Washtenaw County are discussing how best to capitalize on transit-oriented development that often follows big projects like the Aerotropolis and the Detroit to Ann Arbor commuter rail line. They're also looking at smaller more traditional arteries, such as redoing the Washtenaw Avenue corridor.
Local officials from across Washtenaw County are discussing how best to capitalize on transit-oriented development that often follows big projects like the Aerotropolis and the Detroit to Ann Arbor commuter rail line. They're also looking at smaller more traditional arteries, such as redoing the Washtenaw Avenue corridor.
City officials are still keeping hope alive for the Water Street project near downtown Ypsilanti. They are preparing to release a new request for proposals soon and hope to have a developer lined up to turn the 38 acres into a urban, pedestrian friendly mixed-use neighborhood.
With his hopes and dreams for 210 First Street realized, Nick Easton is putting that building and the landmark downtown Ann Arbor bars in it, such as Cavern and Millennium clubs, on the market. The asking price: $6.875 million.
Starting next year, the University of Michigan will invest nearly $42.9 million in the university health system's medical imaging project.
The proposed commuter rail line between Ann Arbor and Howell has hit a snag after not getting a $1 million federal grant. But local organizers are rallying, trimming the projects budget and going after other strings of money.
Compendia Bioscience, Inc., an Ann Arbor-area biotech company has gotten a $250,000 investment from Ann Arbor SPARK and a $2.4 million research grant from the National Cancer Institute.
With the help of Ann Arbor SPARK, new companies and University of Michigan researchers are starting to move into the former Pfizer wet lab section.
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