The University of Michigan closed Monday on the $9.5 million purchase of a lot in downtown Detroit to be used as part of its innovation center campus.
Jobs & Economic Development
Posted inJobs & Economic Development
Michigan marijuana sales near $10 billion, a few years after legalization
In just over five years, Michigan’s legal marijuana industry is nearing cumulative sales of over $10 billion. But rising demand has been more than met with supply and prices are at their lowest ever.
Posted inJobs & Economic Development
More cruise ships coming to Great Lakes as industry sets sights on growth
Bankruptcies took two ships out of the Great Lakes this year, but the cruise industry will make more port stops on more voyages starting in spring.
Posted inCivic and Community Information, Jobs & Economic Development
Christmas trees are going fast in Michigan. Head’s up, procrastinators
Michigan ranks third in the nation for the most Christmas trees harvested each year, but finding the perfect tree can be challenging because more families are putting their trees up earlier in the year.
Posted inJobs & Economic Development
Young families are leaving many large US cities – here’s why that matters
Families form the backbone of thriving communities. Their presence positively affects city infrastructure, local economies and overall quality of life.
Posted inJobs & Economic Development
Michigan economy in ‘soft patch,’ facing uncertainty under Trump, reports say
A pair of new reports on the state’s economy show stagnation. But in Michigan, avoiding further declines can be a win.
Posted inJobs & Economic Development
Longtime Detroit businesses can receive grants from new $500,000 fund
Grant funds can be used for a wide variety of uses, including product inventory, equipment and technology, furniture and interior decor, building repairs and renovations, design work, marketing, legal fees and consulting.
Posted inHousing, Jobs & Economic Development
District Detroit start now slated for 2025, but exact timing unclear
When asked whether developers expect additional changes with the construction timeline, Olympia Development President Keith Bradford said “it’s impossible to predict the future.”
Posted inJobs & Economic Development
Food prices worried most voters, but Trump’s plans likely won’t lower their grocery bills
Many economists think Trump’s plans, including putting tariffs on imported foods and deporting undocumented workers, could actually make food prices rise.
Posted inJobs & Economic Development
Jimmy John’s ‘Picklewich’ sparks love for Detroit’s pickle sandwich shop
Since the national chain unveiled a sandwich made with a pickle instead of bread, the owner of a Detroit pickle sandwich shop said it’s upped her profile and her plans.