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Novi, MI Business News

Conceptual image of Novi City West mixed-use development

Novi City West Development Set to Transform Grand River Avenue

May 31, 2025

News Summary Novi, Michigan, is about to embark on a transformative journey with the Novi City West development, a $270 million mixed-use project. This initiative aims to revitalize the Grand...

Aerial view of Twelve Oaks Mall under renovation.

Novi’s Twelve Oaks Mall to Add New Tenants

May 30, 2025

News Summary Novi’s Twelve Oaks Mall is set to welcome three new tenants—DICK’S House of Sport, Primark, and Round 1—in a significant transformation of the former Sears space. These innovative...

Render of Novi City West project featuring residential and commercial spaces

Novi City West: A $270 Million Development Project

May 30, 2025

News Summary Novi, Michigan, is set to undergo a major transformation with the introduction of the $270 million ‘Novi City West’ development. This project will feature over 400 housing units,...

Concept art of the Novi City West mixed-use development

Novi City West: A New Mixed-Use Development Proposal

May 29, 2025

News Summary A new mixed-use development, Novi City West, has been proposed to revitalize the Grand River corridor in Novi, Michigan, with an estimated cost of $270 million. The project...

Conceptual design of the Novi City West development project with hotel and residential buildings

Novi to Launch $270 Million City West Development Project

May 29, 2025

News Summary Novi, Michigan is set to transform with a new $270 million development named Novi City West. Spearheaded by Blair Bowman, the project will include a hotel, grocery store,...

Medical Scholarship Students Novi MI

Community Resource Consultants, Inc. (CRCI) Announces 2025 Case Management Future Medical Leaders Scholarship Recipients

May 28, 2025

Community Resource Consultants, Inc. (CRCI), a premier provider of trauma rehabilitation medical case management in Michigan, proudly announces the recipients of the 2025 CRCI Case Management Future Medical Leaders Scholarship....

CRCI Medical Case Management in Novi MI

CRCI, Medical Case Management Provider Supports Belle Tire Sled Hockey in Metro Detroit

May 28, 2025

Community Resource Consultants, Inc. (CRCI), a Michigan-based leader in trauma rehabilitation medical case management, is thrilled to announce its proud support for the Belle Tire Sled Hockey program. This collaboration...

Artist's rendering of Twelve Oaks Mall redevelopment with new attractions

Redevelopment of Former Sears Store at Twelve Oaks Mall

May 28, 2025

News Summary The long-abandoned Sears store at Twelve Oaks Mall in Novi, Michigan, will be redeveloped to include attractions like Dick’s House of Sport, Round1 Bowling and Arcade, and Primark....

Interior of Twelve Oaks Mall featuring new retail stores and entertainment options.

Three New Retailers Set to Replace Former Sears at Twelve Oaks Mall

May 28, 2025

News Summary Twelve Oaks Mall in Novi, Michigan, is welcoming three new retailers to fill the space left by the former Sears store. DICK’s House of Sport, Primark, and Round1...

Conceptual image of Novi City West mixed-use development

Novi City West Development Set to Transform Grand River Avenue

May 31, 2025

News Summary Novi, Michigan, is about to embark on a transformative journey with the Novi City West development, a $270 million mixed-use project. This initiative aims to revitalize the Grand...

Cold storage warehouse for food production

Tyson Foods Sells Cold Storage Warehouses to Lineage Inc.

May 10, 2025

News Summary In a strategic move to enhance its financial position, Tyson Foods has announced the sale of four cold storage warehouses to Lineage Inc. for $247 million. Located across...

Exterior view of Lineage Inc office building with professionals engaging in conversation.

Lineage Inc. Reports Q1 2025 Earnings Results

May 4, 2025

News Summary Lineage Inc. announced its Q1 earnings for 2025, reporting funds from operations of $219 million, exceeding analyst expectations but falling short on revenue. Total revenue reached $1.29 billion,...

Cold storage facility with trucks and workers at Lineage Inc.

Lineage Inc. Reports Strong Q1 Performance Amidst Major IPO

May 2, 2025

News Summary Lineage Inc., a cold-storage REIT, reported robust financial performance for Q1, with FFO exceeding forecasts at $219 million. However, revenue fell short of estimates. The company raised $4.4...

Visual representation of Stoneridge financial report and automotive technology

Stoneridge Inc. Reports $7.2 Million Loss in Q1 2023

May 1, 2025

News Summary Stoneridge Inc. has reported a first-quarter loss of $7.2 million, or 26 cents per share, as the company navigates challenges in the competitive automotive market. Despite the losses,...

Shyft Group corporate office in Novi, Michigan

Shyft Group Sees $1.4 Million Loss in Q1 2025

April 29, 2025

News Summary The Shyft Group, Inc. reported a net loss of $1.4 million for the first quarter of 2025, equating to 4 cents per share. Despite the losses, revenue reached...

Shyft Group and Aebi Schmidt Group logo during merger announcement

Shyft Group Reports First Quarter Loss but Eyes Future Merger

April 26, 2025

News Summary Shyft Group, Inc. announced a first-quarter loss of $1.4 million, equating to 4 cents per share. However, adjusted earnings showed a profit of 7 cents per share. The...

The headquarters of Stoneridge Inc. in Novi, Michigan.

Financial Storm at Stoneridge Inc. in Novi, Michigan

March 5, 2025

News Summary Stoneridge Inc. has reported significant financial losses in the fourth quarter, with a loss of $6.1 million, raising concerns about the company’s future. Over the fiscal year, total...

Temperature-controlled warehouse operated by Lineage

Lineage Reports Strong Fourth Quarter Results in Novi

March 3, 2025

News Summary Lineage, the real estate investment trust based in Novi, Michigan, has impressively exceeded expectations in its fourth-quarter results, reporting funds from operations of $213 million and raising $4.4...

Conceptual image of Novi City West mixed-use development

Novi City West Development Set to Transform Grand River Avenue

May 31, 2025

News Summary Novi, Michigan, is about to embark on a transformative journey with the Novi City West development, a $270 million mixed-use project. This initiative aims to revitalize the Grand...

Render of Novi City West project featuring residential and commercial spaces

Novi City West: A $270 Million Development Project

May 30, 2025

News Summary Novi, Michigan, is set to undergo a major transformation with the introduction of the $270 million ‘Novi City West’ development. This project will feature over 400 housing units,...

Concept art of the Novi City West mixed-use development

Novi City West: A New Mixed-Use Development Proposal

May 29, 2025

News Summary A new mixed-use development, Novi City West, has been proposed to revitalize the Grand River corridor in Novi, Michigan, with an estimated cost of $270 million. The project...

Conceptual design of the Novi City West development project with hotel and residential buildings

Novi to Launch $270 Million City West Development Project

May 29, 2025

News Summary Novi, Michigan is set to transform with a new $270 million development named Novi City West. Spearheaded by Blair Bowman, the project will include a hotel, grocery store,...

Artist's rendering of Twelve Oaks Mall redevelopment with new attractions

Redevelopment of Former Sears Store at Twelve Oaks Mall

May 28, 2025

News Summary The long-abandoned Sears store at Twelve Oaks Mall in Novi, Michigan, will be redeveloped to include attractions like Dick’s House of Sport, Round1 Bowling and Arcade, and Primark....

New Schoenherr Roofing location in Novi, MI

Schoenherr Roofing Opens New Location in Novi, MI

March 24, 2025

News Summary Schoenherr Roofing, a trusted name in the roofing industry, marks its 30th anniversary by opening a new location in Novi, Michigan. With over 6,200 successful installations, this company...

Modern roofing project by Schoenherr Roofing in Novi, MI

Schoenherr Roofing Celebrates 30 Years with New Novi Location

March 21, 2025

News Summary Schoenherr Roofing, a trusted name in roofing services since 1995, has opened a new location in Novi, Michigan, marking their 30th anniversary. Known for their quality craftsmanship and...

Sheetz convenience store illustration with electric vehicle chargers and outdoor seating.

Sheetz to Open Four New Locations in Metro Detroit

February 7, 2025

News Summary Sheetz has announced plans to expand in Metro Detroit with four new convenience store locations, bringing the total to 13 approved stores in the area. The new sites...

Big Changes Coming to Detroit’s Gratiot Avenue with New Innovation District Plans

Big Changes Coming to Detroit’s Gratiot Avenue with New Innovation District Plans

December 19, 2024

Big Changes Coming to Detroit’s Gratiot Avenue! Hey there, Detroit! There’s some *exciting news* buzzing in the air, and it’s all about transformation and innovation. The once-stalled Wayne County Criminal...

Interior of Salon Head West showcasing stylists and clients in a warm environment.

Novi Community Mourns Owner of Beloved Salon Head West

March 16, 2025

News Summary The Novi community is coming together to support Salon Head West, a cherished establishment that recently faced a heartfelt transformation following the owner, Jeff West’s, diagnosis of Stage...

Specialty vehicle manufacturing at The Shyft Group

The Shyft Group Announces Cash Dividend for Shareholders

February 20, 2025

News Summary The Shyft Group, a leading manufacturer of specialty vehicles based in Southfield, Michigan, has announced a cash dividend of $0.05 per share for its shareholders. The dividend will...

Farmington Hills Celebrates BurgerFi Joining the Savvy Sliders Family

Farmington Hills Celebrates BurgerFi Joining the Savvy Sliders Family

December 19, 2024

Farmington Hills Welcomes BurgerFi to the Savvy Sliders Family! Good news for burger lovers in Farmington Hills! Savvy Sliders, the rising star of the fast-casual dining scene, has made a...

Wayne County Experiences Surge in Home Sales with Over 400 Transactions in Just One Week

Wayne County Experiences Surge in Home Sales with Over 400 Transactions in Just One Week

December 16, 2024

Wayne County Real Estate: A Flurry of Home Sales! Hey there, folks! Have you heard the latest buzz about the housing market in Wayne County? From December 9 to December...

Dearborn Heights Dominates Wayne County Real Estate Market with Record Sales

Dearborn Heights Dominates Wayne County Real Estate Market with Record Sales

December 14, 2024

Dearborn Heights Holds the Crown in Wayne County Real Estate Sales! Hello, everyone! It seems that the real estate market in Dearborn Heights is buzzing with excitement! Just last week,...

Birmingham Firm Spreads Holiday Cheer with Successful Food Drive

Birmingham Firm Spreads Holiday Cheer with Successful Food Drive

December 3, 2024

Birmingham Firm Spreads Holiday Cheer with Food Drive The spirit of giving is alive and well in Birmingham! DesignTeam Plus, a local architecture and interior design firm, has just wrapped...

Wayne County Real Estate: Discover Hot Homes Under $500,000!

Wayne County Real Estate: Discover Hot Homes Under $500,000!

November 27, 2024

Wayne County Real Estate Buzz: Hot Homes Under $500,000! Hey there, Wayne County residents! Are you on the hunt for your dream home without breaking the bank? Well, you’re in...

Wayne County Real Estate Thrives with Homes Under $200K

Wayne County Real Estate Thrives with Homes Under $200K

November 21, 2024

Wayne County Sees Thriving Real Estate Market Under $200K Hey there, folks! If you’re in the market for a new home without breaking the bank, then you’re in luck! Wayne...

Exciting New Clean Express Auto Wash Opens in Waterford Township with Grand Opening Specials and Community Contributions

Exciting New Clean Express Auto Wash Opens in Waterford Township with Grand Opening Specials and Community Contributions

November 15, 2024

Exciting News for Waterford Township: Clean Express Auto Wash Grand Opening! Waterford Township is buzzing with excitement as it welcomes the latest addition to their community: the third Clean Express...

Conceptual image of Novi City West mixed-use development

Novi City West Development Set to Transform Grand River Avenue

May 31, 2025

News Summary Novi, Michigan, is about to embark on a transformative journey with the Novi City West development, a $270 million mixed-use project. This initiative aims to revitalize the Grand...

Render of Novi City West project featuring residential and commercial spaces

Novi City West: A $270 Million Development Project

May 30, 2025

News Summary Novi, Michigan, is set to undergo a major transformation with the introduction of the $270 million ‘Novi City West’ development. This project will feature over 400 housing units,...

Concept art of the Novi City West mixed-use development

Novi City West: A New Mixed-Use Development Proposal

May 29, 2025

News Summary A new mixed-use development, Novi City West, has been proposed to revitalize the Grand River corridor in Novi, Michigan, with an estimated cost of $270 million. The project...

Conceptual design of the Novi City West development project with hotel and residential buildings

Novi to Launch $270 Million City West Development Project

May 29, 2025

News Summary Novi, Michigan is set to transform with a new $270 million development named Novi City West. Spearheaded by Blair Bowman, the project will include a hotel, grocery store,...

Temperature-controlled warehouse operated by Lineage Logistics in Novi, Michigan

Lineage Reports Strong Q1 Results Despite Revenue Shortfall

May 6, 2025

News Summary Lineage, a Novi-based REIT, posted strong Q1 financial results with FFO of $219 million, surpassing analysts’ expectations. Although revenue fell short of forecasts at $1.29 billion, the company...

Exterior view of Lineage Inc office building with professionals engaging in conversation.

Lineage Inc. Reports Q1 2025 Earnings Results

May 4, 2025

News Summary Lineage Inc. announced its Q1 earnings for 2025, reporting funds from operations of $219 million, exceeding analyst expectations but falling short on revenue. Total revenue reached $1.29 billion,...

Cold storage facility with trucks and workers at Lineage Inc.

Lineage Inc. Reports Strong Q1 Performance Amidst Major IPO

May 2, 2025

News Summary Lineage Inc., a cold-storage REIT, reported robust financial performance for Q1, with FFO exceeding forecasts at $219 million. However, revenue fell short of estimates. The company raised $4.4...

Cold storage warehouse operated by Lineage Inc.

Lineage Inc. Reports Strong Q1 2025 Results and Expansion Plans

May 1, 2025

News Summary Lineage Inc., the largest temperature-controlled warehouse REIT, announced solid financial results for Q1 2025, with $219 million in FFO. Despite revenue falling short of expectations at $1.29 billion,...

Manufacturing facility of The Shyft Group specializing in specialty vehicles.

The Shyft Group Announces Quarterly Dividend and Q1 Financials

April 30, 2025

News Summary The Shyft Group has declared a $0.05 quarterly cash dividend and reported first-quarter 2025 financial results showing a revenue of $204.6 million but a loss of $1.4 million....

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