The Northern Group is really grabbing the gusto in this grand city of ours. After announcing their plans for the Cadillac Center a couple weeks ago, they are now announcing that they bought the Lafayette Towers as well. While the Lafayette Towers has been maintained by the Habitat Company, and maintained well, it is interesting to see The Northern Group, a New York based company, buying so much property in Detroit. They now own, the Cadillac Tower, the Penobscot, Lafayette Towers and others.
The Northern Group's proactive approach to Detroit shows some proof as to why our historically provincial attitude just will not work anymore. The entrepreneurial spirit that once dominated the landscape of Detroit has waned. We need to invite others to continue to invest in our city and state. Homegrown investors and entrepreneurs may be preferred, but as of now, we cannot do this on our own. The old "F you" attitude of Detroit makes us who we are, but we can still be ourselves while welcoming others to join our enthusiasm for Detroit, the metropolitan area, and the entire state of Michigan. I commend you Northern Group, not for helping Detroit, but for letting your actions do the talking. There is money to be made in Southeast Michigan, but you have to make moves to get something in return. While I hear Michiganders gripe about the economy of our state, others such are the Northern Group take a proactive approach.
To put it simply, its refreshing.
Developers to acquire Detroit's Lafayette Towers
Ann Stavrou, Shelby Township, carries her granddaughter Ann, 2, as she marches in the parade. - Traditional Greek soldiers, known as Evzones, march along Monroe during the 15th annual Greek Independence Day Parade in Detroit on April 17, 2016. 15th ...
1 year ago