Councilman Rourke Questions Payments

The News Herald: Breaking news coverage for Southgate, MI.

Councilman Kevin Rourke said he wants answers about payments to fund the Allen Park Studio Center and an apparent cash-flow issue the city is facing.

On July 13, the City Council approved paying nearly $444,000 to Southfield-based Real Estate Development and Investment Co., also known as [...]

Studio Center piling up production interest, bills

Studio Center piling up production interest, bills | Times-Herald and Sunday Times Newspapers.

ALLEN PARK – The Studio Center project is making progress, officials say, but it is costing the city a good chunk of change.

Ferndale-based S3 Entertainment Group recently was hired to manage film operations at the enter. It joins Southfield-based Real Estate [...]

City Council Raises Questions about Improvement Loans to Tenants

The News Herald: Breaking news coverage for Southgate, MI.

The City Council raised questions Tuesday about the terms of a loan for tenant improvement allowances tied to 104 acres of city-owned property.

Southfield-based Real Estate Development and Investment Co. manages the property on behalf of the city. Gregory Erne, REDICO chief investment officer, said including [...]