Some interesting– not necessarily new– actions around business growth and economic development:
1) The Detroit Creative Corridor Center released their year-end report, which examines the steps they have taken to accelerate growth of the creative economy in Detroit. Some of the highlights after just one year of operation: 200 creative sector jobs were provided through their business attraction efforts. And get this– five more companies and 1,200 jobs are in the pipeline. These are businesses that they have attracted to locate in the city and are bringing jobs with them. Aside from that, over $1M has been raised through their efforts to support investment in the creative sector locally. This means more support for early to mid stage companies through the Creative Ventures program, and more resources to put on thoughtful events showcasing the creative community like the Detroit Design Festival. Two thumbs up. See the DC3′s report here. Moving on–
2) Josh Linkner, one part of the Detroit Venture Partners gang, penned a somewhat interesting article in INC magazine. The message: Detroit isn’t a blank canvas, it’s just a place where “we have the once-in-a-lifetime chance to make a noticeable brushstroke on a canvas whose final version affects us all. Let’s seize it.” Sure, can’t argue with that sentiment and feel-good sorta stuff. I guess the more significant aspect of all this dialogue is that they are creating tangible actions from this genuine opportunity. DVP is investing in mid-stage tech companies, and headquartering them in the nearly three million square feet of office space that Dan Gilbert is ferociously snatching up in the downtown area. Hate ‘em or love ‘em, it’s damn nice to see these guys walking the walk.
Unrelated to all this, but quite interesting nonetheless: the owner of the Packard Plant says that sucka is coming down, with a team that is reportedly just “days away from starting to barricade and fence off the 3.5-million-square-foot eyesore” as part of a larger scheme to demolish the building. Building owner Dominic Cristini claims it is part of an effort to “do the right and responsible thing.” Let’s see if this guy walks the walk, too. (Read the whole article here)