Sit Back and Enjoy the Ride

Justin Yelda

By Justin Yelda, Associate at Locations Commercial Real Estate Services

On December 9th, 2016, Governor Rick Snyder signed legislation designed to put Michigan in the forefront for autonomous technology, testing and deployment for self-driving cars. Supporters feel the laws are important for the state’s economic development and talent retention. Automakers are encouraged by the legislation that gives Michigan the broadest set of regulations in the country.  The Detroit news quotes Gov. Snyder as saying “It’s not about racing on legislation, but it’s about having good, smart legislation that’s about safety first and then creating an environment for innovation.”
Autonomous cars will soon be on the roads in 10 states, including Michigan. What does this mean? Autonomous cars are self-driven or driverless cars that are capable of sensing the environment and navigating without human input. Many people may be skeptical to this idea; however, the technology that will be placed in these vehicles is mind-blowing. They detect surroundings using a variety of techniques such as radar, lidar, GPS, odometry, and computer vision.  Despite the fact that the vehicles will drive, brake and park themselves, some states will still require a passenger to be present in the vehicle during operations. 
According to Crain’s Detroit, Fiat Chrysler Automotive, Ford Motor Co., General Motors Co., Toyota Motor Co., Google, Uber, and Lyft, all have their approval stamp embedded in the new law to allow these self-driving vehicles on public roads. Continuous testing and point-checking have been taken place to assure safety for both, people in the autonomous vehicle and also those surrounding. The idea of self-driving vehicles is revolutionary for the transportation industry,  
I was a little hesitant about the idea, but the more I understood the technology and adequate testing and certification, I’ve become more open-minded about it. This can create new outlets for different types of transportation services.  I project this is going to be a game changer in all types services ranging from delivering medical supplies to food deliveries. Now I’m excited to see how this will enhance the automotive industry and impact Michigan’s economy. 
Of course, one minor problem is I find it hard to believe that autonomous cars won’t ever have any traffic violations. If there’s no driver, who gets the traffic ticket?!  


5 Proactive Steps for CRE Sales

Whether you are representing the buyer or the seller, fifteen minutes of simple research can give you and your client peace of mind during the sale process, and avoid potentially deal-breaking surprises.

Delivering on Consumer Demand

Consumers demand faster order fulfillment and more delivery options. Retailers, with Amazon leading the pack, are responding with innovative new solutions. Now your washer can order detergent for you!

Detroit's Got Game!

With plans in the works for a new soccer stadium and the Detroit Piston's potential move downtown, Detroit's economy could be looking at another big boost.

What Happened to Black Friday?

This year more merchants are jumping the gun and offering Black Friday discounts – some beginning a month early! Black Friday turned gray when retailers started opening on Thanksgiving Day. Even, “Cyber Monday” is starting to last a week. For many reasons, there's no official start date for the holiday shopping season anymore.

New Entertainment Center in Auburn Hills!

Oakland County, Michigan welcomes a new 26,545 square-foot venue known as "The H.U.B." Set to open in November, 2016, the H.U.B. will feature 16 fowling courts (a cross between football and bowling) plus a fast-casual restaurant, bars, private rooms and outdoor seating.

Small Business is Good Business

With small businesses creating new energy and job opportunities, it is inevitable that they will have a major impact on building the economy in the city of Detroit and the surrounding suburban areas.

Stein Mart Opens in Metro Detroit!

Stein Mart, opens their first location in the Metro Detroit area on November 12th, 2015 with a Grand Opening ceremony and gift card drawing. The new 32,000 square foot store is located in the redeveloped Winchester Center in Rochester Hills.