royal oak detroit free press 1 billion: STOP The Press...Royal Oak Twp New HOT Spot? - 08/07/07 02:11 AM
 A couple weeks or so ago I posted about 1 Billion, with a B, worth of real estate projects going on as reported by Crain's Detroit.  Michigan may be in a tough spot right now, but if the future seems bleak, ask yourself "Why is there so much out-of-state monet coming in?"
Simple:  Opportunity
Korie Wilkins of The Detroit Free Press Reported 
Royal Oak Township is poised to get its first big residential development in more than 40 years when a $30-million, 150-condominium project breaks ground this fall.
But whether anyone will pony up about $160,000 for one of the new homes is anyone's guess.
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