Lormax Stern in the News

A ribbon-cutting ceremony will be held for the new Carson’s on the former site of The Plaza in Evergreen Park on Sept. 14 at 7:45 a.m., according to officials, who have also released details about other developments in the new Evergreen Park Open-Air Power Center....

Even as demolition of The Plaza nears completion in Evergreen Park, the new Evergreen Marketplace will begin to take its place with the expected opening next month of a new Carson’s store. The new store is scheduled to open Sept. 14 on 98th Street near Western Avenue,...

Sean Valentino is either a lucky guy or a talented mall director. If the continued growth of the Green Oak Village Place shopping mall is any indication, he is definitely a talented mall director. The outdoor shopping mall he has directed for the past two years is...

LANSING – The newest pizza chain coming to Lansing can have an 11-inch pie ready in three minutes, thanks to an 800-degree oven. Blaze Pizza is slated to open in the Frandor Shopping Center by the end of June in the former site of Video To Go. “It’s like the Chipotle...

Gregory Boat Co. and Gregory Marina, family-owned Detroit companies that hail back to 1906, have been sold to Bloomfield Hills-based development firm Lormax Stern. With the purchase, the companies’ names will change. Gregory Boat Co., on East Jefferson Avenue across...

The original Macomb Mall tower sign on a Gratiot corner may remind Metro Detroit of the 1960s and the suburban shopping center construction that pulled generations of consumers from traditional downtowns into single buildings anchored by Sears, Crowley and SS Kresge....

A more than $2 million investment is planned at the Green Oak Village Place retail center in Brighton to prepare space for T.J. Maxx as a new anchor tenant. Redico LLC and Lormax Stern Development, owners of Green Oak Village Place, plan a 7,000-square-foot expansion...

Green Oak Village Place announced the addition of a 4,716-square-foot Maurices to the tenant mix this spring. Sean Valentino, director of retail operations at REDICO, the property manager at Green Oak Village Place, made the announcement. Maurices is a prominent...

The 50-year-old former movie theater at Macomb Mall in Roseville has taken another step closer to being torn down. Roseville city officials recently approved a demolition permit to Selective Construction Corp. in Southfield to take down the 50,000-square-foot space...

Meijer opened its second store in Detroit less than a year ago, bringing its supercenter concept to a northwest neighborhood that fights to keep up its housing and lost many battles with commercial blight. But the corridor of Grand River where it meets McNichols –...

A section of Roseville’s Macomb Mall that formerly housed Silver Cinemas will be demolished this spring, according to city officials. There is no word yet for what will replace the 50-year-old theater as the shopping center’s owners are still working on future plans...

ICSC members are working to offer assistance as the city of Flint, Mich., fights to sustain itself amid problems from a contaminated water supply. Nearly two years ago the city switched its water supply from Lake Huron to the Flint River. During the change, failure to...