Economic Development

Economic Development reporting is made possible through underwriting support from Enbridge.

State and local officials broke ground on the new facility earlier this year.

$7.3 million manufacturing hub underway in eastern U.P.

Chippewa County has broken ground on a manufacturing facility that will serve as a transportation and logistics hub.

Latest in Economic Development
Regional Housing Partnerships addressing need for affordable housing

As part of the Region I Regional Housing Partnership, the Capital Area Housing Partnership and the Tri-County Regional Planning Commission are tasked with developing local action plans to address the housing crisis. City and state government, neighborhood developers including Forsberg Real Estate, and area nonprofits are working together to address homelessness in greater Lansing and to attract residents to Eaton Rapids. 

A skier at Mont Ripley. Winter sports like skiing and snowmobiling attract tourists to the region.
Study shows the economic importance of tourism in the counties of the western U.P.

A newly released study underscores the importance of tourism to the economy of the western Upper Peninsula. Officials across the region hope the study further enhances tourism and helps with community planning and promotion efforts. 

Elevate grants help small Michigan businesses level up

Although headquartered in Indiana, the FHLBank of Indianapolis provides access to grant programs and resources for small businesses throughout Michigan. The Elevate Grant aims to generate more economic opportunity for all, and helps small businesses like Mushroom House Tours in Charlevoix and The Poke Bowl in Flint to level up.  

Sault Tribe Thrive unveils new business center, grant programs serving the U.P.

Sault Tribe Thrive, a minority business development agency, has launched a new grant program and has opened a new business center.  The Sault Tribe Business center is open to the general public and the office space is free to use for Sault Tribe Thrive members. 

Building opportunities for U.P. students to enter the construction trades

Responding to a shortage of skilled workers in the construction trades, a host of programs in the U.P. are providing training to encourage high school and college students to consider entering the construction field. 

Finlandia’s Old Main lives again

The former Finlandia University's Old Main has a new owner and a new future. Naturally Michigan Properties plans to use the historic building as an inn, reception space and boutique gallery.

Munising: Revitalized by tourism

Munising, the gateway to Pictured Rocks National Lakeshore on Lake Superior, is experiencing a resurgence, thanks to growing waves of tourism and interest in outdoor recreation.

The Ocean Navigator docks at the new $5 million pier along Houghton's waterfront.
Mackinac Island hosts briefing on upcoming Great Lakes cruising season

“As we look ahead to 2024, we remain committed to sustaining the vitality of our region’s cruising sector,” said Anna Tanski, tourism director of Cruise the Great Lakes. “In just a decade, the number of cruise passengers has more than doubled, and Great Lakes ports continue to thrive as hubs for visitors. We are focused on maintaining this momentum as we navigate the future.”  

Proactive zoning attracts new businesses to Kingsford

Rezoning abandoned retail sites for more expansive business uses attracted new companies to those locations in Kingsford, a small community in Dickinson County. 

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