The Michigan Economic Development Corp. (MEDC) has approved $87.5 million in grant funding for 18 projects across the state of Michigan — including two in metro Detroit — through the Strategic Site Readiness Program (SSRP), which support the state’s efforts to compete for and win transformative projects.
One local site is a 440-acre section of Van Buren Township, at Ecorse and Belleville roads, being prepared for development by the Detroit Aerotropolis. It received $18.6 million. The other is a brownfield site for a crosswind runway at Coleman A. Young International Airport (formerly Detroit City Airport). That project received $510,000.
“With a resetting of the industrial landscape currently underway in the U.S., the communities and economic development agencies that are proactively preparing industrial sites and training the workforce of tomorrow will be the winners in this race — the outcome of which will determine which states and regions will lead in economic and equitable prosperity over the next 20-30 years,” says Maureen Krauss, president and CEO of Detroit Regional Partnership.