GM is partnering with Bedrock on the redevelopment project that seeks $250 million in tax capture reimbursement from the state and another $100 million from the DDA.
Jobs & Economic Development
Posted inJobs & Economic Development
Renaissance Center looks to future. Should taxpayers help pay the bill?
A familiar debate is brewing in Lansing and Detroit, as plans to transform the 5.5 million square-foot site hinge on money from taxpayers. Developers say the RenCen will molder and rot without support.
Posted inJobs & Economic Development
RenCen seeks rebirth, visitors seek directions: A day inside Detroit landmark
As Detroit’s most iconic skyscraper complex seeks a $1.6 billion rebirth, 24 hours in the Renaissance Center underscore what many have learned the hard way: It’s impossible to navigate. If you go, bring snacks and patience.
Posted inJobs & Economic Development
Attention shifts to innovation economy at Detroit Policy Conference
This year’s conference will kick off with a conversation about redeveloping the Ren Cen, followed by conversations with leaders in tech, autos and development.
Posted inJobs & Economic Development, Political and Public Policy Information
‘Michigan’s economy is on the line,’ Gretchen Whitmer warns at Detroit Auto Show
Whitmer is seeking bipartisan cooperation on economic incentives and road funding in Lansing but warns proposed Trump tariffs could hurt the state’s auto industry.
Posted inJobs & Economic Development
Grannie’s Pound Cake opens brick-and-mortar in northwest Detroit
The Dec. 15 grand opening will feature cake bowls and new cake flavors hot out of the oven.
Posted inCivic and Community Information, Jobs & Economic Development
UM purchases 2-acre lot in downtown Detroit for parking
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.
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.