Few people recognize the growth that is occurring in Detroit and its surrounding cities. Between the auto industry layoffs and the plethora of decaying buildings, the mainstream media has painted a picture of disaster and despair. Contrary to those reports, there are thousands of individuals working hard to turn Detroit around. Some of them manufacture new televisions -- others produce components for new watches. Many of them will help a major automaker complete its IT transformation .
Then there are the dozens of men and women that have helped Benzinga transform into a dynamic and innovative financial media outlet.
"It is crazy to think that two-and-a-half years ago this started in my basement," said Jason Raznick, the President and co-founder of Benzinga. "Now we're in an 8,000 square foot office with almost 30 people."
Raznick, who said that Benzinga has a "really big vision" for the future, was one of five Detroit entrepreneurs who spoke on a panel at Opportunity Detroit this week. He was joined by John Fikany, the VP of Microsoft's (NASDAQ: MSFT ) U.S. commercial sector; Michael Webster, Executive VP of Kelly Services; Nathan Labenz, co-founder of Stik.com; and Shinola's Jacques Panis.
"Us being in Michigan, we feel like we have something to prove much more than if we were in another state," said Raznick. "I don't know if we work harder but we think we do. There are guys that are in the office throughout the night."
Raznick spoke proudly about Benzinga's partnership with Microsoft. "John from that little company, Microsoft, became a client of ours for the Windows 8 launch," he said. "We're one of the main [financial sites] there alongside Reuters and The Wall Street Journal. We have competitors. The only way that happens is that we outwork our competition, and we do that time and time again. That's why Microsoft came to us for more and more stuff. We're building really cool things."
Ultimately, Raznick said that Benzinga's goal is to "change the investment game."
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Welcome to SPD's Cover of the Day, a portfolio of brilliant magazine and newspaper cover design from around the world. Its time to choose your favorite of the year! Round 1 starts with covers from January, February, and March (in alphabetic order). Look for Round 2, 3, and 4 in the coming days. Then come the finals!
Click HERE to see all the covers and vote for Boat Magazine's Detroit Cover!
The city of Detroit is turning red to raise awareness of the final days metro Detroiters can donate to The Salvation Army’s 2012 Red Kettle Campaign, which ends when red kettles leave storefronts across metro Detroit on Christmas Eve.
The second annual Paint the City Red celebration kicked off at 12:01 a.m. Monday, Dec. 17 when the General Motors Renaissance Center began glowing red. The Detroit skyline’s most identifiable riverfront building will beam The Salvation Army’s iconic red shield from its main electronic sign on the center’s tallest tower through Christmas Day. The bands around each tower will also glow red for the duration.
The Ren Cen going red is a precursor to Paint the City Red festivities slated for Friday, Dec. 21 when:
the Compuware and Chase Buildings will join the Renaissance Center in sporting a rosy glow.
· several of Detroit’s most beloved churches will simultaneously ring their bells for one minute at 9:50 a.m. Scheduled to ring are: Cathedral of St. Paul, Mariner's Church of Detroit, Old St. Mary's, St. Bonaventure, St. Florian, St. Francis D’Assisi, St. John's Episcopal and St. Joseph Sweetest Heart of Mary.
· bell ringers will man red kettles throughout the workday at the Griswold Street entrance of the historic Guardian Building in the heart of downtown Detroit’s central business district.
The centerpiece of the Paint the City Red observance is a lunchtime celebration in Campus Martius Park from 11 a.m. – 1:30 p.m. Friday, Dec. 21. The Salvation Army is partnering with Quicken Loans to host a variety of activities around the downtown Detroit outdoor venue, including:
Noon – 1 p.m. - a friendly bell-ringing competition for red kettle fundraising bragging rights among Quicken Loans’ top executives, including Bill Emerson, CEO; Mike Lyon, vice president of operations and Tim Birkmeier, vice president of banking. Jeff Eisenshtadt, CEO of Title Source will also join in the bell ringing contest.
11 a.m. - 2 p.m. - a gathering of food trucks serving fresh fare, including fan favorites El Guapo and Mac Shack. Refreshments will also be available from Campus Martius’ Arctic Zone.
11:30 a.m. – 12:30 p.m. - appearances by the Detroit Tigers’ mascot Paws and the Detroit Lions’ mascot Roary
Noon – 12:30 p.m. - an appearance by cast members of “Jersey Boys,” who’ll sing carols, ring bells and pose for photos with red kettle donors Noon – 1 p.m. - a live performance of holiday classics by The Salvation Army Brass Band
In addition, the Campus Martius Park ice rink will be hopping from noon – 1 p.m. as Quicken Loans team members lace up for an open skate and warm up with hot chocolate, courtesy of the mortgage company.
Capturing it all will be WWJ Newsradio 950, which will share live interviews and reports from Campus Martius Park from 11 a.m. – 1:30 p.m. The station will also air feature interviews with Salvation Army officers and clients throughout the day to encourage public donations during the final days of the 2012 Red Kettle Campaign.
“We invite everyone to rally together with us to Paint the City Red in support of our 2012 Red Kettle mission,” said Major Mark Anderson, General Secretary and Metro Detroit Area Commander of The Salvation Army of Metro Detroit. “This is the home stretch of our campaign and we’re relying on the community to help us reach our $8.5 million goal.”
Paint the City Red revelers looking to continue the celebration can visit Somerset Collection CityLoft, located two blocks north of Campus Martius Park at 1261 Woodward. Cityloft, and the entire 1200 block of Woodward between Grand River and State, will be open for last-minute shopping from 12 p.m.-9 p.m. on Friday, Dec. 21. Merchandise from 40+ Somerset pop-up stores and quirky outdoor retailer Moosejaw will be available for shoppers to find the perfect gift for that special someone.
To make a tax deductible contribution to The Salvation Army Red Kettle Campaign:
· Drop a donation into one of nearly 450 red kettles at storefronts across metro Detroit through Dec. 24, or Christmas week at area Kroger and Busch Fresh Food Market locations, which will continue hosting red kettles through Dec. 29
· Visit www.salmich.org · Call 877-SAL-MICH · Text "GOODMICH" TO 80888* (an automatic $10 donation) · Send a check or money order, made payable to The Salvation Army, to: 16130 Northland Dr., Southfield, MI 48075
Rock Ventures today announced the purchase of five additional properties, wrapping up a year in which it acquired eight buildings totaling 630,000 square feet of commercial space.
The newest acquisitions bring Rock Ventures’ downtown Detroit real estate investments to 15 buildings totaling 2.6 million square feet of commercial space, and three parking structures for a combined 3,500 parking spaces.
In addition, Rock Ventures broke ground on a 33,000 square-foot specialty retail development and 10-story parking garage last month, renovated 633,000 square feet of commercial space, and located 45 companies to the city, including Twitter, Chrysler, Metro-West Appraisal, and numerous technology related start-ups. Rock Ventures’ family of companies, including Quicken Loans and Title Source, has brought 7,000-plus people to work in downtown Detroit since August 2010.
“It has been an exciting year of opportunity in Detroit,” said Dan Gilbert, Founder and Chairman of Rock Ventures and Quicken Loans. “Our focus in 2013 will be on the three R’s – residential, rail and retail – all of which are vital in creating the vibrant, thriving urban core that we all envision.”
Rock Ventures’ newest building acquisitions include:
1201 Woodward - Kresge Building
The 54,000 square-foot property built in 1891 was home to the former Kresge store. The nine-story building, located on the northwest corner of Woodward Avenue and State Street, will be renovated to accommodate first floor retail and either office or residential space above. A portion of the first floor currently houses The Detroit Shoppe and Detroit Artist Market pop-up stores.
This five-story 30,000 square-foot building is located on the west side of Woodward Avenue, immediately north of the Kresge Building. Built in 1891, the building will be renovated and used for first floor retail and either office or residential space above. A portion of the first floor currently houses Santa’s Wonderland, a seasonal store specifically for children with proceeds benefitting Detroit Goodfellows, ensuring there is “No Kiddie without a Christmas.”
Located on the east side of Woodward Avenue between Grand River Avenue and John R Street, this three-story building was built in 1916. The 6,000 square-foot building is currently unoccupied, but will feature first floor retail with office space above.
1301 Broadway - Cary Building Lofts
The 20,000 square-foot building, built in 1906, is located on the west corner of Gratiot Avenue and Broadway Street. The five-story structure will undergo extensive renovations to accommodate first floor retail space with residential space above. · 1521 Broadway - Small Plates Building The 9,300 square-foot building is 100 percent occupied by Small Plates restaurant on the first floor with four residential loft apartments above. The five-story building is located on the west side of Broadway Street between John R and Witherell Street.
The building purchases were brokered by Bedrock Real Estate Services, Rock Ventures’ full-service real estate firm. Bedrock leases, develops and manages all of Rock Ventures’ buildings, and has helped locate more than 65 companies to downtown Detroit since August 2010.
“The need for retail and updated office and residential space in downtown Detroit is keeping Bedrock extremely busy,” said Jim Ketai, Managing Partner at Bedrock, adding that the firm has grown by nearly 60 percent in the past year to keep up with the demand.”
Best Mac and Cheese in the U.S. Every chef has a version of ultra-comforting macaroni and cheese, with nuances ranging from how many gooey cheeses can fit into a single batch to crunchy toppings like sourdough bread crumbs. Here, where to get the best mac and cheese in the country. —Justine Sterling
Slows Bar BQ, Detroit
Brian Perrone’s superrich mac-n-cheese is so intense that it has been called “a truly life-changing experience” by Man v. Food host Adam Richman. The signature side dish includes medium pasta shells, creamy béchamel sauce and mild cheddar cheese. For a final cheesy touch, Perrone grates more cheddar on top and broils it. “It is really quite luxurious,” Perrone says. slowsbarbq.com
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