Hearing postponed on ambitious multiuse development for former Kmart HQ site [Yahoo! Finance]
United Microelectronics Corporation (NEW) (UMC)
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Source: Yahoo! Finance
Former Kmart property in Troy at Coolidge and Big Beaver Road photographed Friday, March 7, 2025. The abandoned headquarters complex at 3100 West Big Beaver in Troy — across from Somerset Collection mall — was torn down in late 2023 and early 2024. Since then, the owners of the roughly 40-acre site have put forth a multiphase, mixed-use development plan, calling for: Up to 750 units of rental and for-purchase housing. A hotel with up to 250 rooms. Construction of up to 300,000 square feet of retail. Up to 500,000 square feet of office space. The development would be anchored by a large medical complex for the University of Michigan's health system, Michigan Medicine, featuring advanced specialty and diagnostic medical services. A rendering of the planned development, dated Feb. 25, 2025, that was part of a documents submission to the city of Troy's Planning Commission. More: U-M to buy slice of former Kmart HQ site in Troy for future medical center The initial phase
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UMC
Earnings
- 4/24/25 - Miss
UMC
Analyst Actions
- 11/12/25 - Bank of America Corporation
UMC
Sec Filings
- 12/17/25 - Form 6-K
- 12/10/25 - Form 6-K
- 12/4/25 - Form 6-K
- UMC's page on the SEC website