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.

News in brief: Money for the arts, free ride milestone, sculptor needed

More than $11 million in multi-year general support will be awarded to local arts organizations to strengthen Southeast Michigan’s cultural landscape. And more news in brief.

Latest in Economic Development
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.

In the news: What others are reporting

Data center development updates, Detroit's first gentleman, best clothing stores, support for students taken by ICE.

In the news: A round-up of stories from what we’re reading this week

The New York Times tells the tale of Detroit's Thanksgiving Parade. Bridge Michigan has a data center update. The Detroit Metro Times reports on Leland House. And at Planet Detroit, they are talking about who is learning the economics of solar energy.

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.

New platform to share ‘Common Ground’ from community ideas and solutions

Issue Media Group, a multilocal network of solutions-based, issues-focused digital publications, has launched a new national platform for increasing the reach and impact of its journalism.

Is your business ready for unexpected challenges?   

In a changing world, resilience is key. These strategies help businesses adapt, plan ahead, and thrive during disruption.

Alicia Powell, owner of Detroit's Wetzel's Pretzels food truck, on the Joe Louis Greenway in Detroit.
Metro Detroit parks’ economic benefits boost businesses, tourism, property values, and more

Parks have demonstrable positive impacts on local businesses, property values, tourism, environmental management costs, and even medical bills.

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