Monday. October 25, 2021

Business

https://mibiz.com/sections/real-estate-development/trillium-ventures-purchases-two-multifamily-properties-in-kalamazoo
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MiBiz

Trillium Ventures MSV LLC, a Grand Rapids-based multifamily investment and property management firm, has acquired two Kalamazoo apartment complexes – Maple Brooke behind Friendship Village, for $2.9 million (Google 3D), and Western Pines, off of W. Michigan near WMU, for $5.1 million (Google 3D). Both complexes had the same out-of-state owner. Trillium plans to invest in updates at both properties, including new kitchens and bathrooms, as well as improvements to common areas and amenities to align them with newer offerings in Kalamazoo.

Published: February 18, 2019

MiBiz
https://www.michiganadvance.com/2019/02/13/west-michigan-biz-leaders-cheer-whitmers-lgbtq-rights-push/
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MI Advance

Several members of West Michigan’s famously conservative business community are on board with Gov. Gretchen Whitmer’s call in her State of the State address for expanded LGBTQ protections. It’s legislative Republicans who continue to oppose the move. West Michigan’s corporate support for greater equality and protections dates back several years. Employers like Herman Miller and Steelcase maintain perfect scores on the Corporate Equality Index from the LGBTQ rights group Human Rights Campaign.

Published: February 14, 2019

MI Advance
https://www.mlive.com/news/kalamazoo/2019/02/arcadia-brewing-ceo-promises-good-ending-as-business-faces-tax-foreclosure.html
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MLive

Two months after a mortgage foreclosure notice was filed for Arcadia Brewing Co., the Kalamazoo brewery is now also one step closer to facing potential tax foreclosure for delinquent 2016 property taxes. Amid that uncertainty, Arcadia founder and CEO Tim Suprise continues to speak optimistically about strategic partnerships expected to play a role in the brewery’s future.

Published: February 14, 2019

MLive
https://www.mlive.com/news/kalamazoo/2019/02/senior-services-of-southwest-michigan-names-new-ceo.html
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MLive

Senior Services of Southwest Michigan named a new chief executive officer to lead the nonprofit organization. Richard Kline will begin in his new role of CEO March 4, according to a press release from the organization. Kline was most recently the senior deputy director of the aging and adult services agency for the Michigan Department of Health and Human Services, the release said. Prior to that, he spent over 18 years working with older adults in healthcare administration.

Published: February 14, 2019

MLive
https://www.mlive.com/news/kalamazoo/2019/02/kelvin-co-owner-opens-burger-shop-in-kalamazoo.html
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MLive

Mattawan’s popular Nonla Vietnamese street food restaurant opened a hamburger restaurant south of downtown Kalamazoo in 2018 - Nonla Burger. Now, Kelvin and Co., downtown’s independent barbeque restaurant – closed in December 2018 in part due to the business slowdown created by construction – is opening a burger restaurant in the Eastside neighborhood. The Burger Bros. has more extensive options than Nonla Burger, while Nonla offers charming indoor seating. Both restaurants offer residents tasty opportunities to put their burger dollars directly into the local economy. 

Published: February 12, 2019

MLive
https://www.mlive.com/news/kalamazoo/2019/02/cancer-center-offers-land-deal-in-exchange-for-tax-to-fund-kalamazoo-event-center.html
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MLive

MLIVE: An effort to fund a downtown Kalamazoo event center through a county-wide tax is back after falling flat last year. Southwest Michigan First, a regional economic development nonprofit, pitched a two-step proposal to the Kalamazoo County Board of Commissioners in in August 2018. The board was asked to make a deal with the West Michigan Cancer Center to swap ownership of parking lots along West Kalamazoo Avenue, then let residents vote on a 1 percent tax on restaurant food and beverages sales.

Published: February 10, 2019

MLive
https://apnews.com/9053630067e17f17a453fd51bbb2fc54
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AP

Kalamazoo-based Stryker Corp. (SYK) on Tuesday reported fourth-quarter net income of $2.07 billion, after reporting a loss in the same period a year earlier. The company said it had net income of $5.44 per share. Earnings, adjusted for non-recurring gains, were $2.18 per share. The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $2.15 per share.

Published: January 30, 2019

AP
http://www.encorekalamazoo.com/features/building-skyscrapers-and-saving-history
http://www.wmuk.org/post/three-cool-projects-and-snap-shot-development-kalamazoo
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Encore
WMUK

While Kalamazoo’s skyline is being dramatically altered by The Exchange building, under construction in downtown Kalamazoo, it is not the only way local real estate developer PlazaCorp is transforming the city. PlazaCorp has been investing hundreds of millions of dollars in other projects, including reviving historic buildings that are bringing new energy to some of the city's marginalized neighborhoods. Reporter Ben Lando surveys the projects in Encore and discusses them in an interview on WMUK.

Published: January 24, 2019

Encore WMUK
https://www.bridgemi.com/quality-life/federal-shutdown-gets-real-beer-city-michigan-summer-ales-jeopardy
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Bridge

From beer crazed Grand Rapids down through the Kalamazoo and Battle Creek areas ‒ hallowed geography toasted as the Ale Trail ‒ breweries, and those who hope to open them, are stewing through bureaucratic delays prompted by the government shutdown. Expansions are on hold. Labels aren’t being approved. And businesses aren’t opening.

Published: January 21, 2019

Bridge
https://mibiz.com/sections/small-business/small-businesses-join-call-for-civil-forfeiture-reform
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MiBiz

The Michigan chapter of a small business advocacy group is among the supporters of a bipartisan bill package introduced this month to reform the way law enforcement seizes property from people suspected of crimes. By law, police agencies can seize property from people suspected or charged with crimes but who may not ultimately be convicted. The process of recovering that property can be expensive and take years, if victims bother at all.

Published: January 20, 2019

MiBiz
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Bronson Hospital has opened one (MLive). City Center Market plans to open in the former Irving’s location in March (MLive). Market on Michigan Ave. has leased space at the intersection of Michigan and Portage (MiBiz). And, the owner of Irving’s may still be planning to open a new store in the downtown area (MLive). Photo: Emil Lippe, MLive

Published: January 20, 2019

Read more
http://www.westernherald.com/news/article_453f7d62-144c-11e9-9f2d-d3e0b052bab2.html
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WMU

Western Michigan University will begin development on the second Business and Technology Research Park (BTR 2) in the coming months, after a $2.1 million dollar award from the U.S. Economic Development Administration. All of the land at BTR 1 is occupied by existing businesses, and a second BTR park was only natural, said Bob Miller, associate vice president of Community Outreach.

Published: January 09, 2019

WMU
https://mibiz.com/sections/manufacturing/ess-as-usual-manufacturers-face-questions-over-drug-policies-after-michigan-legalizes-marijuana/
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MiBiz

Now that all adults in Michigan can legally use marijuana, employers are weighing how the new law — and misunderstandings about it — could affect their workforces. Employers across the state and in all industries are still free to test their workforce for marijuana. They can also hire or fire employees based on the results.

Published: January 09, 2019

MiBiz
https://mibiz.com/sections/manufacturing/kalamazoo-manufacturer-to-pay-400-000-settlement-for-alleged-procurement-fraud
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MiBiz

A Southwest Michigan box manufacturer has agreed to pay $400,000 after it faced allegations of misconduct in connection to a multi-state subcontract with the federal government. According to U.S. Attorney David Freed, Kalamazoo-based Arvco Container Corp. violated subcontract limitations imposed by federal regulations and the terms of a contract to provide corrugated boxes to the government from Aug. 3, 2010 through Aug. 3, 2014

Published: January 09, 2019

MiBiz
https://wwmt.com/news/local/forward-focus-west-michigan-employers-look-to-fill-trade-jobs
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WWMT

An aging workforce and lack of qualified, young candidates has caused a shortage of workers across all trade industries in Michigan, according to industry experts. Essential jobs like Heating and Cooling (HVAC) and automotive technicians are essential and pay good wages, but they seem to be constantly searching for new hires.

Published: January 09, 2019

WWMT