Ground broken for medical offices

HEALTH CARE

A groundbreaking ceremony Friday launched construction of a new medical office building in Midtown that will house Wayne State University's Department of Psychiatry and Behavioral Neurosciences.

The five-story, 62,846-square-foot office building is on Beaubien, north of Mack, next to the new Children's Hospital of Michigan Pediatric Specialty Center.

WSU will lease the building from Queen Lillian, a Detroit architectural firm, for 25 years and then would have the option to buy it for $1.

The $18-million project is expected to be completed by January.

Jenkins Construction of Detroit is the construction manager.

ECONOMY

U.S. factories produced less in May than in April, as automakers cut back for the first time in six months. The report indicates that manufacturing, a key driver of economic growth, is slowing.

The Federal Reserve said Friday that factory output declined 0.4% last month, after increasing 0.7% in April. Auto production fell 1.5%, the first drop since November.

Overall industrial production, which includes mines and utilities, dipped 0.1%, after a solid 1% rise in April. Both mines and utilities increased production.

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Ground broken for medical offices