Tagged: economic development

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Economy
1:11 pm
Mon August 15, 2011

Lansing city council to discuss the future of an old golf course tonight

Credit (Courtesy the Lansing Economic Development Corp.)
In this artist's conception of future development along Michigan Avenue in Lansing, buildings on the south side of the road will take up a portion of the Red Cedar golf course

Lansing city council members tonight will discuss whether to ask voters to approve the sale of 12 acres of city park land for a future economic development deal.  The mayor’s office wants to include the Red Cedar golf course as part of a multi-million dollar development along US 127.  

The development is just speculative as this point, since the city has not settled on a developer or a specific plan.  Bob Trezise is the president of the Lansing Economic Development Corporation.  He supports making the land available for development.

“This is very neglected that shouldn’t be the way it is.  Its many vacant properties.  It’s a golf course that’s not a golf course anymore....nor is it even a park.”

The city council is being asked to put the potential sale of the old golf course on  the ballot in November.

Here's an artist's conception of future development along Michigan Avenue in Lansing from the Lansing Economic Development Corporation:

Auto/Economy
3:22 pm
Fri August 5, 2011

West Michigan groups teaming up to attract businesses, jobs

Credit Lindsey Smith / Michigan Radio
A former GM stamping plant in Wyoming would be a good candidate for the special incentives. US-131 and a railway line run right next to the property.

Two economic development groups, one from Grand Rapids and another in Muskegon are asking the state of Michigan to approve a regional economic development corporation. It could provide marketing and tax incentives for a narrow purpose; to attract businesses that need property with two or more modes of transportation.

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Investigative
10:14 am
Tue August 2, 2011

Nobel economists mixed on taxes and jobs equation

Rick Snyder said the Michigan Business Tax was bad for business. 

 “I propose replacing it with a flat six-percent corporate income tax.  Let’s take a job-killer environment; let’s start creating jobs.”

He said it on the campaign trail.  He made the point to business leaders.

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Economy
10:39 am
Fri February 25, 2011

Gas prices & Michigan retailers

Rising gasoline prices threaten to take some of the optimism out of a rosy new forecast for retail sales in Michigan.  A recent survey of Michigan retailers finds 76% expect to see their sales improve this spring. 

  Good holiday sales are lifting many business owners expectations for the year ahead. 

Tom Scott is with the Michigan Retail Association. Scott says the survey was taken before gasoline prices spiked this week.   He says high gas prices could be a problem for retailers.

 “But the bigger concern, more than just their own delivery trucks, is generally the effect on consumers.  And of course, every dollar a consumer puts in his or her gas tank is a dollar that can’t be spent at the store.”

Scott says a few years ago when gas prices reached four dollars a gallon, retail sales dried up.  But he says pent up consumer demand may keep the customers coming, even with high gas prices.

Public transportation
4:57 pm
Wed February 16, 2011

Obama’s budget includes money for ‘Silverline’ rapid bus transit

Public transportation officials in Grand Rapids are excited about one detail in President Obama’s budget announced this week. A proposed rapid bus transit system in Grand Rapids is one of ten new construction projects that Obama would like to fund in 2012.

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Investigative
9:43 am
Fri February 11, 2011

Economic gardening? What's that?

Credit Photo courtesy of Inforummichigan.org and Peplin Photographic (larrypeplin.com)
Michael Finney - As CEO of the Michigan Economic Development Corporation, he's the state's chief "economic gardener."

When the Governor gave his State of the State speech, I was standing on the crowded floor of the House of Representatives.  Governor Rick Snyder outlined his plans to get Michigan back to work.  We all listened as he said the Michigan Economic Development Corporation would lead the way.

“The MEDC will recalibrate its efforts and become a better partner with these regional groups to enhance economic gardening, talent enhancement, and support service to companies.”

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Environment
11:33 am
Thu February 10, 2011

Grand Rapids puts a price tag on city trees

Credit Photo courtesy of Fellowship of the Rich, Flickr
Grand Rapids is trying to take better care of its city trees.

The City of Grand Rapids is working to revive its urban forest. Lindsey Smith visited the committee in charge of the effort to find out how things are going.

Three things to know about trees in Grand Rapids:

  1. The committee values the 61,000 trees within the city’s boundaries at $71 million.  (How'd they get that number?  It's based on the benefits trees provide: capturing storm water runoff, increasing property values, improving air quality and reducing heating and cooling costs for nearby buildings.)
  2. In 2010, more than 1,500 trees were planted in Grand Rapids.
  3. This year they’re working to add a wider variety of native trees - to better protect the urban forest from new pests and disease.  (i.e. things like the uber-destructive emerald ash borer)

Lindsey talked with Dottie Clune, the committee chair.  She says the importance of trees is often overlooked - especially these days with tight city budgets.

“We know that for every dollar we spent on the municipal urban forestry program we received $3.60 in benefits. That’s a pretty good return on investment.”

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