TROY, Mich. (WXYZ) — A long-vacant property in Troy is getting new life as the University of Michigan begins construction on a major medical center at the former Kmart headquarters site.
A portion of the 40-acre property on West Big Beaver Road will become the Frances and Kenneth Eisenberg Troy Center for Specialty Care, a $250 million facility set to open in 2027.
Nathan Forbes of Forbes/Frankel Troy Ventures LLC, which owns Somerset Collection, purchased the Kmart property in 2009 after it shut down in 2006.
Watch an archive video from our coverage of the Kmart bankruptcy below…