Business
Latest reporting from the Business desk.
Business
Antonio's joins Detroit Restaurant Week with prix fixe deals
Antonio’s Cucina Italiana in Farmington Hills offers $36 and $56 dinner menus through Nov. 8 during Detroit Restaurant Week, with $1 from each event meal benefiting local nonprofits.
Business
Farmington Hills buyers face 7.40% average mortgage rate
The 30-year fixed mortgage rate climbed to 7.40%, its highest in nearly three years, adding roughly $376 a month to a $400,000 loan and cooling buyer demand in Farmington Hills, where the median sale price hit $409,000 in September.
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Business
Farmington Civic Theater needs 24,000 more moviegoers to break even
The Farmington Civic Theater is projecting only 26,000 attendees this year — roughly half the 50,000 needed to break even — and is surviving on city general fund transfers, but new manager Clare Cooney is pursuing reclining seats, a liquor license and expanded programming to close the gap.
Business
New bagel shop hiring for former Joe's Coney space
NYC Bagels & Bowls is recruiting baristas, cashiers and restaurant staff for a new location at 34635 Grand River Ave. in Farmington, the former Joe's Coney Island space, with a menu of bagels, breakfast and lunch items, and coffee.
Business
Farmington's Retail LAB pilot draws strong early crowds
The Lowry Estate, a vintage and designer resale boutique, is drawing strong foot traffic six weeks into its 90-day run as the first tenant of downtown Farmington's new Retail LAB incubator at 23607 Farmington Road.
Business
Leo's Coney Island owner owes $515K, Farmington Hills exempt
A federal consent judgment requires the operator of four metro Detroit Leo's Coney Island restaurants to pay 143 employees more than $515,000 in back overtime wages, marking a second federal labor violation for the same owner. The Farmington Hills location is not part of the action.
Business
Gorman's keeps Novi, Farmington Hills stores as it cuts two sites
Gorman's Home Furnishings is closing its Southfield and Troy showrooms but retaining its Three-Day Clearance Center and warehouse in Farmington Hills, with a public store-closing sale starting Saturday, August 15, offering up to 80 percent off.
Business
Heights Brewing to close permanently on Aug. 2
Heights Brewing, the gluten-free brewery at 23621 Farmington Road in downtown Farmington, will permanently close on Saturday, Aug. 2, after roughly two and a half years in operation, with owners citing rising cost of goods and mounting loan payments.
Business
Farmington Hills reviews used car dealership plan for vacant Halsted Road site
Hayder Alkhafaji is seeking Planning Commission approval to open Cars Experts Auto Sales and Auto Care at 24435 Halsted Road, a building vacant since 2018. A city consultant flagged setback violations, a parking shortfall, and access drive issues ahead of the July 16 public hearing.
Business
Downtown Farmington opens retail incubator for entrepreneurs ready to test a storefront
The Farmington Downtown Development Authority launched The Retail LAB, a 90-day storefront incubator program at 23607 Farmington Rd. for entrepreneurs transitioning from pop-ups or online sales to brick-and-mortar retail, with vintage boutique The Lowry Estate as its first resident.
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