DBusiness Daily Update: Detroit Historical Museum exhibit recalls the magic of vacations at Hudson’s, and more
Our summary of the latest news from Detroit and Michigan metro companies as well as announcements from government agencies, including updates on the COVID-19 pandemic. To share a business or nonprofit organization story, please send us a message.
Detroit Historical Museum exhibit recalls the magic of vacationing in Hudsons
The Detroit Historical Museum‘s “Hudson’s Holidays” exhibit will bring back the memories and magic of Hudson in pop-up exhibits throughout the museum, starting Thursday.
The exhibit will feature a selection of must-have items from the Detroit Historical Society‘s collection, including the toys and decor that made vacations at Hudson so magical, the clothes and accessories that made the store such a great shopping destination. the year, and a few artifacts from the downtown store that evoke the distinctive features of the massive building.
Visitors will be able to revisit traditions loved by generations of Detroiters, such as seeing the world’s largest flag, visiting Santa Claus in Toy Town, and shopping in the basement store.
Throughout the month of December, the museum will be offering free statutory Sundays to present the “Hudson’s Vacation” exhibit. For more details, visit detroithistorical.org.
Founded as a humble clothier for men and boys in 1881, JL Hudson Co. is said to have recorded an average of 100,000 sales per day in the 1950s, and its 25-story building was the tallest department store in the world until in 1961. Visitors will learn what made Hudson so popular, such as its wide selection of merchandise and its full-service approach, which goes beyond restaurants, salons and in-store alterations to offer amenities like a circulating library, a writing lounge and an in-house dry cleaner.
Lear to Provide Advanced Connectivity Technology to Global Electric Vehicle Manufacturer
Southfield-based seating technology and electronics provider Lear Corp. today announced that it will begin supplying its 4G / 5G telecommunications unit at the end of 2022 to a global electric vehicle automaker in order to to provide advanced connectivity and vehicle positioning solutions that aid driving and parking functions.
This is a new automotive production application of Lear’s proprietary Global Navigation Satellite System – a high-precision vehicle positioning technology – integrated into Lear’s 4G / 5G telecommunications unit, which connects the vehicle to cloud services and controls diagnostics and communications to and from the vehicle.
Lear says its system provides the automaker with “state-of-the-art vehicle position accuracy, superior to vehicle-to-track-level”, meeting the requirements of advanced driver assistance systems.
“Our global customers are looking for innovative solutions that deliver industry-leading security and consumer experiences,” said Carl Esposito, senior vice president of Lear and president of corporate electronics systems. “This award validates our unique value proposition of offering a telecommunications unit integrated with precise vehicle positioning solutions. “
Lear’s high-precision vehicle positioning solutions provide:
- Vehicle accuracy up to 10 centimeters (4 inches).
- Global availability, including in China, without depending on local positioning infrastructure.
- Modular and flexible software solution that does not require specialized hardware.
- Optimized data correction service that uses 20 to 30 times less data than competitive solutions, dramatically reducing operating expenses for automakers.
- Robust, predictive solution that mitigates loss of connectivity for up to 15 minutes.
“This program award is the result of Lear’s unique value proposition – global expertise in high-precision connectivity, software, services and vehicle positioning,” said Esposito. “We look forward to working with our customer to deliver Lear’s market-leading connectivity technologies. “
Visit Detroit named title sponsor of The Rink at Campus Martius Park
The Downtown Detroit Partnership named Visit Detroit as the presenting sponsor for the 2021-2022 season of The Rink at Campus Martius Park during an event to unveil the sponsor’s logo in the center of the rink.
The family outdoor rink in the heart of downtown will operate at full capacity for the season.
“The Campus Martius Park ice rink offers one of the most beautiful and iconic skating experiences in the country and continues to be a destination of choice for the entire region during the holidays and winter,” said Eric Larsen. , CEO of DDP.
David Cowan, Head of Public Spaces at DDP, says, “Like Visit Detroit, community is at the heart of everything we do. With Visit Detroit as a new rink partner, this gives us the opportunity to continue to improve the rink experience and, together, strengthen its role in the community and attract more people to explore all that our big city has to offer, including spectacular light shows. , winter markets and shopping, activities for families and children, entertainment, sports and catering. ”
This sponsorship by the Detroit Metro Tourism Bureau is an opportunity for Visit Detroit to share with the world what it is and reintroduce it to residents of the three counties.
“We are proud to represent the Metro Detroit area to people around the world,” said Claude Molinari, President and CEO of Visit Detroit. “This is an opportunity to express on a large scale how much we love Detroit. We appreciate our partnership with the DDP which always goes above and beyond to uplift the city and beautifully activate some of our much visited green spaces.
The rink officially opens on Friday, November 19, following the Detroit Tree Lighting Ceremony. The ice rink will be open every day, including holidays, until March 6, 2022.
Admission for the 2021-2022 season is $ 11 for adults; and $ 9 for children 12 and under and people 59 and over. Military and first responders pay $ 8. Skate rental is $ 5. Tickets and skate rentals can be purchased on site at Campus Martius Park or by phone at 313-963-9393. They are offered on a first come, first served basis.
For more information visit CentervilleDetroitParks.com.
Newmark announces over 710,000 square feet of industrial renewals in Metro Detroit
Commercial real estate company Newmark, which has offices in Southfield and Farmington Hills, has signed 710,066 square feet of industrial leases in the Detroit subway since early 2021 on behalf of STAG Industrial Inc. of Boston.
Newmark’s Executive Managing Director, Dan Labes, represented STAG on five lease renewals at five different distribution warehouses. The leases represented a 20 percent increase in rental income on average with annual rent increases of over 3 percent on average. Renter industries ranged from 3PLs to e-commerce companies to auto suppliers.
“These transactions demonstrate the strength of the industrial market in the Detroit metro area, which continues to be an incredibly attractive metro area for industrial companies,” said Labes. “With few vacancies and a very tight market, industrial tenants looking for space are often limited in terms of relocation options, so structuring renewals becomes essential.
According to Newmark Research’s Third Quarter 2021 Metro Detroit Industrial Market Report, Metro Detroit’s vacancy rate fell 20 basis points to 4.2% in the third quarter, while just over 956,000 square feet has been absorbed.
Go here to see the full report.
Great Lakes Data and Analytics Summit Seeking Keynote Speakers
The Great Lakes Data & Analytics Summit, to be held on March 10, 2022 at the Troy Marriott, is looking for speakers to share their knowledge and practical use cases of digital solutions, including data integration, advanced analytics, l ‘data engineering, data visualization or analysis automation.
Topics that can be covered during the day-long event include, but are not limited to:
- Data Catalog
- Data visualization
- Data management
- Machine learning
- Predictive analytics
- Augmented analytics
- Conversational analysis
The audience will range from business analysts to key decision makers analyzing various industries in the region. The deadline to submit an idea is Friday January 14, 2022. If you are selected, you will be notified as soon as possible.
To submit a request to speak, go here.