Your MLive news to know today, Jan. 5, 2026

Your MLive news to know today, Jan. 5, 2026

MLive.combusiness

Key Points:

  • The Gallery condos in Ann Arbor, favored by University of Michigan alumni, are frequently used as second homes or football weekend crash pads, raising concerns about their impact on the local housing supply.
  • Kalamazoo faces challenges in addressing homelessness during severe winter conditions, with shelters imposing stay limits and capacity caps, though additional funding has been approved to support overnight services.
  • Michigan experienced 9,033 layoffs in 2025, including over 450 at Flagstar Bank due to a business sale and more than 250 from a Detroit food distributor shutdown.
  • Jackson County is preparing for significant developments in 2026, including new apartments and the opening of a Five Guys restaurant, with projects at various stages from planning to construction.