article thumbnail

Ford lays out plans for mobility innovation district in Detroit

BD+C

That metro’s July 2013 bankruptcy—the largest municipal filing in U.S. Any conversation about what’s wrong with urban America is bound to bring up Detroit at some point.

Detroit 116
article thumbnail

$170 million down the drain: Lessons to learn from Quirky’s bankruptcy

Construction Marketing Ideas

The quirky.com website (scrolling down from the bankruptcy notice at its top.) The bankruptcy notice. This business managed to blow $170 million in venture capital in less than seven years. It had some of the best and brightest minds in the business. Alas the idea didn’t work.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

US Slavery Museum: A Primer on How Not to Develop a Project

Construction Knowledge

The Museum filed for bankruptcy, then rescinded their request. I understand that when an innovative project begins, it’s impossible to delineate all the challenges. So what’s happening now? The city filed a lien against the land for $300,000 of unpaid back taxes. Pei filed a lien on the land for the full fee amount.

US 40
article thumbnail

Lifeway Foods Acquires Golden Guernsey Dairy Plant For $7.4 Million

Buisness Facilities Contributed Content

The Golden Guernsey plant was shuttered this past January following a bankruptcy filing, leaving 112 employees without jobs. Diversification of Lifeway’s product portfolio has also contributed, with innovations ranging from ProBugs™ organic kefir drinks for children to the market’s first packaged frozen kefir.

article thumbnail

Should you be a lemming (or not)?

Construction Marketing Ideas

In an Internet world of zero-marginal cost and a lemming-like belief that more metrics are better, there is no shortage of people willing to bankrupt you by leading the way to bankruptcy. Don’t go there unless you have deeper pockets than anyone else. Competing on differentiation is inherently more attractive. You have to differentiate.

article thumbnail

How Digitalization Is Reshaping the Construction Industry

BD+C

In 2012, the company declared bankruptcy, bringing an end to a monumental chapter in photography’s history. While other companies embraced 3G technology, android and iOS, Nokia was slow to uptake due to a fragmented corporate structure, leaving them behind competitors in terms of innovation and meeting market demands.

article thumbnail

Vaughan Buckley on Restarting a Former Katerra Factory

Pro Builder

So there’s this sort of balance of experience and respect for what’s being built today combined with the expectation for innovative technology and growth in the direction that we see it going forward. PB: What is happening with former Katerra customers whose projects were left stranded by the bankruptcy?