Economic Development

Coverage of projects, big and small, and the people who create them, which promote the economic health of a community, including manufacturing, retail, office, and hospitality developments.

Ypsi prepares to release new RFP for Water Street development

City officials are still keeping hope alive for the Water Street project near downtown Ypsilanti. They are preparing to release a new request for proposals soon and hope to have a developer lined up to turn the 38 acres into a urban, pedestrian friendly mixed-use neighborhood.

Latest in Economic Development
Ann Arbor’s Cavern Club put on the market, dreams for sale

With his hopes and dreams for 210 First Street realized, Nick Easton is putting that building and the landmark downtown Ann Arbor bars in it, such as Cavern and Millennium clubs, on the market. The asking price: $6.875 million.

Ann Arbor Compendia lands $2.5M plus, to add 10-15 positions

Compendia Bioscience, Inc., an Ann Arbor-area biotech company has gotten a $250,000 investment from Ann Arbor SPARK and a $2.4 million research grant from the National Cancer Institute.

Ann Arbor commuter rail pushes forward, hopes to start service in spring

The proposed commuter rail line between Ann Arbor and Howell has hit a snag after not getting a $1 million federal grant. But local organizers are rallying, trimming the projects budget and going after other strings of money.

ForeSee results opens Southfield office with 6 to 8, will grow to 20 employees

Less than a month ago, metromode profiled ForeSee Results. The company had just acquired a Chicago firm that would help it add prescriptive expertise to its diagnostic services. This acquisition was part of what would grow the company from 80 to 100 employees.

New start-up firms to occupy old Ann Arbor Pfizer space

With the help of Ann Arbor SPARK, new companies and University of Michigan researchers are starting to move into the former Pfizer wet lab section.

Ypsi builder to renovate historic Starkweather house

Ronald Rupert has worked on some big renovation projects in his time, but bringing Ypsilanti's Starkweather Mansion back to its former grandeur might turn out to be his toughest project yet.

UofM’s Kellog Eye Center receives $1.5 million grant for new facility

The University of Michigan's $2.5 billion "Michigan Difference Campaign" proves that UofM isn't one of the country's largest endowments for nothing.

Mexican officials looking to open 15 offices with 250 positions in the region

Mexican officials were in town last week to explore opening more than a dozen local offices for mostly auto-related businesses.

Ann Arbor-based Zattoo grows from 5 to 22, hiring up to 17 more

It's a media company with the brains of a computer science firm. Ann Arbor-based Zattoo is finding success in Europe with its internet-based live-streaming television.

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