Michigan has starred in its own disaster movie in the first decade of 21st century. The economic equivalents of F5 tornadoes and magnitude 9 earthquakes have battered the automotive industry and smashed construction work in the state. You knew all that, having lived here. But amid all the destruction there was surprising growth over the […]
construction
Posted inBusiness Watch
Economic shockwave flattens construction industry
Bloomfield Park, an abandoned mixed-use real estate project in Oakland County, stands as an eerie symbol of the construction industry’s collapse in Michigan over the past decade. Looking like the bleak setting of a “Mad Max” movie, the planned $2 billion development on Telegraph Road just north of Square Lake Road was to have featured […]