Economic Vitality. Enhance the economic vitality of the region and promote job opportunities. • Provide transportation linkages to employment, business, retail activity, and other activity centers. • Address the needs of the local freight industry and the intermodal movement of goods via rail and truck. • Promote investments in transportation facilities that provide access to tourist destinations. • Enhance the visual appeal of transportation facilities.
Economic Vitality. An aquatics component that contributes to the financial strength and attractiveness of a community by enhancing scholastic enrollment, business opportunities, tourism, and property values.
Economic Vitality. Detroit put the world on wheels and the Detroit region is still the densest cluster of automotive design, engineering, R&D and manufacturing on the planet. Detroit and Michigan continue to be the center of the North American industry, with 17 automakers, 11 assembly plants, 23% of U.S. auto production, 96 of the 100 top suppliers to North America (1,772 total suppliers), and 76% of U.S. auto R&D investment ($10 Billion annually) all existing within this area. The City and State have made a number of investments to ensure the infrastructure, assets, and legislation are all in place to support the future of the mobility industry. This includes Mcity and the American Center of Mobility, both of which are best in class testing facilities. The mobility ecosystem for ADS deployments in Southeast Michigan cannot be replicated anywhere else in the United States. Detroit is now a larger part of this ecosystem, with Ford Motor Company creating a $740M campus in the Corktown neighborhood around the rehabilitation of Michigan Central Station, which will bring the 5,000 jobs, FCA and the City working on plan to bring 5,000 new manufacturing jobs to the east side of the City, and the MEDC establishing the Landing Zone, a co-working space for start-ups and corporations in the automotive and mobility industries, in Downtown Detroit. Continuing to innovate around ADS in Southeast Michigan is important not just to the region, but to the entire country.
Economic Vitality. In Phase 2, the Economic Vitality Analysis is an extension of the recommendations in Phase 1, focusing more specifically on where and how retail, other commercial development and residential can be located along the corridor. In addition, select land use scenarios (preferred individual land use scenarios and/or corridor-wide land use scenarios as described in Task 2.1) will be evaluated to determine its feasibility and the tradeoffs that will be necessary to attract private investment, impact on public facilities as well as its associated costs for transportation, streetscape and other infrastructure improvements. The Contractor will identify:
a. Appropriate locations to retain or expand clusters of commercial businesses, particularly ground floor commercial uses, along the corridor;
b. Amount and type of additional non-residential (such as flexible space, boutique office, and/or boutique hotels, among other uses identified during the analysis) and residential uses that are viable along the corridor, the likely timing for demand of these uses as well as the urban form they can take based on the different modes of transit suggested in the land use scenarios;
c. General economic and development feasibility and potential impacts of land use scenarios: Contractor will conduct an analysis to test the feasibility (including timing and developers’ or the County’s role in funding, necessary land acquisitions and/or assemblages) as well as potential impacts of a minimum of (three) 3 (preferred individual land use scenarios and/or corridor-wide) land use scenarios as described in Task 2.1. The general economic and development feasibility and potential impacts analysis will include the following tasks, based on the different perspectives for the private and public sectors:
i. Private sector: The Contractor will generate, for each scenario, an estimate of development costs based on standardized unit costs for the corridor. The Contractor will also draw conclusions about the high-level financial feasibility of the scenario to the developer.
ii. Public sector: The Contractor will analyze the impacts on school enrollment and other public facilities (i.e. public space, police, fire etc.), as described in Task
Economic Vitality. TO PROMOTE AND DEVELOP TRANSPORTATION SYSTEMS THAT STIMULATE, SUPPORT, AND ENHANCE THE MOVEMENT OF PEOPLE AND GOODS TO ENSURE A PROSPEROUS ECONOMY; AND
Economic Vitality. XXX promotes economic development by attracting consumers, businesses, and services to the area surrounding the transit station.
