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The Detroit Economic Growth Corporation (DEGC) manages major economic development initiatives on behalf of the City of Detroit, including transforming the East Riverfront District, developing the I-94 Industrial Park, managing the Lower Woodward Improvement Program, and creating the Paradise Valley Cultural and Entertainment District.
One economic development strategy proposed is an Aerotropolis, a concept utilizing Detroit Metropolitan Airport as a central business district. [123] Detroit Renaissance, now known as Business Leaders for Michigan , announced an eleven-point strategy to transform the region's economy which includes development of the Aerotropolis.
Detroit City Council could decide this week on whether to approve incentives for part of a $3 billion development in the New Center area that is a collaboration among Henry Ford Health, the ...
Council members generally voted 6-3 for the development incentives and plan, known as the $3 billion Future of Health. Detroit City Council approves incentives, community benefits for $3B New ...
The city council authorized $80 million in nonprofit bonds to be issued through Detroit’s Economic Development Corporation (EDC). The bonds will be secured by future Music Hall revenues and its ...
The Detroit Region Aerotropolis (also referred to as the DRA, Detroit Aerotropolis or Michigan Aerotropolis) is a four-community, two-county public-private economic development partnership focused on driving corporate expansion and new investments around Wayne County Airport Authority's airports: Detroit Metropolitan Airport and Willow Run Airport. [1]
The plan includes a range of programs from renovating Detroit Land Bank Authority homes to offering down payment assistance to 600 Detroiters. Detroit's new $203M housing plan will renovate vacant ...
Local economic development (LED) is an approach to economic development, of note in the developing world that, as its name implies, places importance on activities in and by cities, districts and regions. Local economic development combines economic development activities, urban planning, infrastructure development and social development ...