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Article: $87 million in projects target Auburn Hills.
- Article from:
- Crain's Detroit Business
- Article date:
- May 8, 2000
- Author:
CopyrightCOPYRIGHT 2000 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Six local developers are planning to build more than 600,000 square feet of office space in separate projects that could generate $86.7 million in investments in Auburn Hills.
Auburn Hills, a geographic hot spot for development, is attracting the interest of developers and auto-related industries with few worries about oversaturation.
Randall Book, associate broker for Cushman & Wakefield of Michigan Inc. in Southfield, expects Auburn Hills will need a half-million more square feet of new office space in the next year to two years.
``The (developers) that are going to be up and running the soonest are going to be the winners,'' he said.