The big beer news in town was that Atwater Brewery sold to a subsidiary of Molson Coors, Tenth and Blake. But why? And what’s next? To take a look behind the deal, I talk with Atwater owner Mark Rieth. That conversation is at 7 minutes in.
I also round up a few things happening around Michigan and Detroit:
Tesla can now sell cars easier in Michigan, and service them through a subsidiary. That’s big news. But there may be more to the story. Experts say that a dealer protection law that passed almost unanimously – and with bipartisan support – probably couldn’t have withstood a true challenge in court. That would have major impacts as buyers are used to online and streamlined buying experiences, and more than 36,000 people are employed by Michigan’s 600 or so franchise dealers. Here’s a link to the Attorney General’s announcement.
Detroit’s three casinos have record revenue.
The Detroit River at Ralph C. Wilson park is going to get a big cleanup, as it turns out it’s an “area of concern.” Here’s a rendering of what the finished park may look like.
The city of Detroit’s property values have gone up 20% in the last year, says the city. But we give context. In 2008, it was worth $8.8 billion. In 2018, $3 billion. So although some progress, nowhere near a recovery to post-recession levels. Above is a map.
McNichols (really, they should just call it 6 Mile) is getting a major streetscape facelift between Livernois and Greenlawn. Think the Fitzgerald neighborhood, just west of University Detroit Mercy.
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