University of Michigan buys Detroit urban garden site for future parking structure [Yahoo! Finance]
MGM Resorts International (MGM)
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Source: Yahoo! Finance
The university announced Monday that it paid $9.5 million for the nearly 2.3-acre parcel at 2201 W. Grand River Ave. The site is cater-corner to the forthcoming University of Michigan Center for Innovation, an academic campus that is under construction and on pace to open by summer 2027. The property also is across from the MGM Grand Detroit casino, and had been owned by MGM Grand since December 2007, when it bought it from an affiliate of DTE Energy, according to deed recordings. MGM Grand developed the land in the early 2010s as an urban garden, initially in a partnership with the nonprofit Keep Growing Detroit, which managed the garden. Two heated greenhouses were built and 20 different crops were grown and sold at Eastern Market and to local restaurants. In more recent years, the site has operated as Featherstone Garden , which has grown produce for residents and restaurants and also hosted community open mic performances during warmer weather. Annie Hakim, co-owner of Fe
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MGM
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MGM
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