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Development on Kmart HQ property in Troy may be in doubt

Summary by The Oakland Press
A developer of the proposed mixed-use project on the former Kmart headquarters in Troy hinted this week that the project may be dead. “I’m a little bit fit to be tied. Maybe we’ll see you again and maybe we won’t,” said Nate Forbes, managing partner of The Forbes Co., after the city’s Planning Commission postponed a decision Tuesday, April 22, that would have moved the project forward. Through a spokesperson, the company declined further comment…

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RoyalOakTribune.com broke the news in on Friday, April 25, 2025.
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