INVEST IN DETROIT
Detroit is experiencing a tremendous amount of residential, institutional and commercial growth. It is a City alive with historic, residential and commercial buildings that are drawing interest and finances from the state, public and private sectors. Part of the City's long term plan to re-establish itself as a mecca for arts, culture, commerce and residence with trends developing in the renovation and refurbishment of old buildings. With housing and business potential, many investors are buying and rehabilitating properties with increasingly promising returns on investment within the medium and long term range.
Dan Gilbert plans to transform downtown Detroit by the end of 2015 with a united front of governmental officials and business leaders, an expedited permitting process and less red tape. Visitors of downtown Detroit are expected to see changes in areas like Campus Martius and Capitol Park where smaller improvements will set the stage for the larger-scale revitalization. Capitol Park is expected to hosts music events, movies, food trucks / carts and art displays in the summer months. It has been said by Matt Cullen, president and COO of Rock Ventures, "there are a lot of people freed up from the normal bureaucracy of government and business".
Richard Carlisle, president of Carlisle/Wortman Associates LLC, said the implementation of the M1 Rail System from Woodward Avenue downtown to New Center is critical to the project's success. The M1 Rail System is currently planned to cover three miles.
Dan Gilbert has also announced that Moosejaw Mountaineering and Backcountry Travel Inc. has agreed to a long-term lease and that a 15,000 square foot Papa Joe's Gourmet Marketing and Catering grocery store will open at the First National Building.
INCENTIVES and FINANCING PROVIDED AT YOUR FINGERTIPS
Renew, Refresh, Revitalize by visiting DEGC (Detroit Economic Growth Corporation) Many companies know exactly what they're doing, but need help deciding where to do it and how to get there. That's where DEGC excels. DEGC knows Detroit well. It knows the City's government and further it is aware of the countless opportunities the City has to offer. DEGC has been designed to share all that business knowledge with companies and organizations like yours, and to maximize its value right here in Detroit. For guidelines and information visit DEGC's website for Incentives and Financing.
DEVELOPMENT PROJECTS and RESOURCES
Midtown Detroit Inc. has collaborated with urban design and planning to create three special district plans. It has also collaborated with DDP and DEGC on a transit-oriented plan. Each of the plans will help shape the future of our neighborhood in real and meaningful ways. Explore Development Projects under way.
WIKIPEDIA PLANNING and DEVELOPMENT IN DETROIT
Planning and development in Detroit includes efforts aimed at enhancing Detroit's economy and qualify of life. Projects have included new commercial facilities, revitalization of neighborhoods, hospitality infrastructures and improvements to recreational and public facilities. At your fingertips, experience DETROIT Attractions and Self-Guided Tours.
PLANNED TRANSIT FOR THE DETROIT REGION