Fiat Chrysler said May 21 that construction will begin immediately on a new, $1.6 billion assembly plant for Jeep Grand Cherokees, a new Jeep SUV and hybrid cars on Detroit's east side.

“In the city of Detroit, there’s a lot of demand for residential. There is a shortage of residential space, [and] there are a lot of projects. They are not of the size and magnitude of the Hudson’s redevelopment [planned to be Detroit’s tallest building], but it is all significant,” Baxa says.

Bridging North America, a partnership of Fluor, ACS Infrastructure Canada and Aecon Group, reached financial close late last month to design, build, finance, operate and maintain the 1.5-mile-long Gordie Howe International Bridge Project for the Windsor-Detroit Bridge Authority under a 36-year, $4.4-billion concessionaire agreement.

Detroit’s 500,000-sq-ft, 18-story Michigan Central Station was recently sold by its longtime owners, the Moroun Family, to Ford Motor Co.

Construction Starts Expected to Rise Slightly This Year After Strong Growth in 2016

The proposed Gordie Howe International Bridge between the U.S. and Canada faces yet another legal challenge from the private owners of a rival, 86-year-old span.

There is more construction activity in Detroit now than at any time since the 1960s, says Michael Poris.