'Next Michigan Development' Centers On Airports | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

 

** Airborne 07.30.14/Oshkosh Day 3! ** HD iPad-Friendly Version--Airborne 07.30.14/Oshkosh Day 3 **
** Airborne 07.29.14/Oshkosh Day 2! ** HD iPad-Friendly Version--Airborne 07.29.14/Oshkosh Day 2 **
** Airborne 07.28.14/Oshkosh Day 1! ** HD iPad-Friendly Version--Airborne 07.28.14/Oshkosh Day 1 **

Wed, Dec 08, 2010

'Next Michigan Development' Centers On Airports

"Aerotropolis" Intended As Transportation And Logistics Hub

The Michigan Legislature on Friday, December 3, enacted a major tax incentive package, the "Next Michigan Development" initiative, aimed at attracting logistics, transportation and manufacturing firms to transportation hubs and other regional facilities. The six-bill package requires local governments to cooperatively implement the tax incentives in consultation with State economic development officials.


Detroit Metropolitan Airport File Image

The Detroit Region Aerotropolis Development Corporation (ADC) and Next Michigan legislation are major policy initiatives of Wayne County Executive Robert Ficano.

The ADC, a public-private intergovernmental corporation created by Wayne County, Washtenaw County, the cities of Romulus, Taylor, Ypsilanti and Belleville, and Huron, Van Buren and Ypsilanti Charter Townships, expects to employ the Next Michigan incentives to attract jobs and development surrounding Detroit Metropolitan Airport and Willow Run Airport in southeast Michigan. The new legislation permits five "Next Michigan" corporations, such as the ADC, to be established across the state.

The tax incentive package includes a variable mixture of property and other tax abatements for qualifying businesses and the use of tax increment financing to spur infrastructure development. The "Aerotropolis" encompasses approximately 60,000 acres in Wayne and Washtenaw counties. The ADC estimates it could create as many as 50,000 jobs over the next 15 years as logistics-related companies take advantage of the incentives and the proximity to the airports.

FMI: www.detroitregionaerotropolis.com

Advertisement

More News

ICON Aircraft Constructs And Flies First Production A5

ESN-1 Was Built From The Production Design, Tooling After years of waiting... and doubting... ICON Aircraft has unveiled what it says is the first production A5, an aircraft the co>[...]

Airborne 07.30.14: WomenVenture 2014, Skycraft Update, IMC Club Award

Also: AvNav EFB, Lockheed Martin, One Week Wonder Update, Pelton Intvw-Part3 It was hard to miss the energy, enthusiasm, and interest in aviation by hundreds of women celebrating a>[...]

EAA Holds Annual Meeting

Membership Feels Flight Path Still On The Center Line EAA held its annual membership meeting on Wednesday, at 08:30 on 30 July 2014 at Oshkosh, WI. in the Theater of the Woods. In >[...]

Historic OSH2014 Sponsor: Bendix-King by Honeywell

OSH2014 Sponsor: Bendix-King by Honeywell The history of the Bendix name runs parallel to the development of King Radio until the mid-1980s, when the Allied Corporation purchased B>[...]

Life-Saving OSH2014 Sponsor: BRS Parachutes

BRS Parachutes: Defining Aviation Safety It's a simple idea, really. A parachute which will, when deployed, turn what could be a very bad situation into one in which not only the o>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC