Economic Development

Rising optimism among small and middle market business leaders suggests growth for Michigan 

Both small and midsize business leaders are feeling more confident to pursue growth opportunities, embrace emerging technologies and, in some cases, forge new strategic partnerships.

Latest in Economic Development
Black women’s unemployment has skyrocketed. Here’s what happened.

By December 2025, Black women were spending an average of 29.7 weeks, or more than seven months, unemployed — the highest rate among every group of women and among all men except for Black men, who had a slightly higher average.

With a $20 million partnership, orsa Music Hall is set to continue leadership in Detroit’s creative future

Beyond naming the expansion orsa Music Hall, the partnership will support programming, education, and community engagement.

Detroit Capital Hub connects entrepreneurs, small businesses with Detroit CFDI lenders

A new private-partnership between the Detroit Economic Growth Corporation (DEGC) and the City of Detroit — Detroit Capital Hub — serves as a matching program introducing small businesses to the lender best able to serve them. 

Technology solutions company to locate headquarters, 800 jobs in Detroit

The Eccalon headquarters project is expected to generate at least 800 new jobs with wages ranging from $25 to $100 per hour.

Greektown’s Monroe Streetscape Project expands walkways, improves visibility 

Greektown Neighborhood Partnership says it welcomes visitors to see the progress made on the Monroe Streetscape Transformation Project.

Celebrate Your Financial New Year: A Q&A With Chase’s Detroit Community Manager

As 2025 draws to a close, it’s a great time to reflect on the year and set yourself up for success in 2026.

Holiday happenings: What’s up at Eastern Market and a rundown of DSO performances

An update on some things to do if you're looking for ways to get in the holiday spirit.

JPMorganChase surpasses $2 billion in Detroit investments and unveils new downtown office

JPMorganChase is relocating to a new, state-of-the-art office in the heart of downtown at Hudson’s Detroit, building on more than 90 years of doing business in Detroit.

The Residences at the Hotel David Whitney are now for sale

A historic landmark now offers 79 exclusive condominiums in the heart of downtown Detroit.

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