REGIONAL NEWS
The Missing Link in Business Expansion: Development Strategy
In the dynamic world of business, expansion isn't just an option; it's often a necessity for survival and growth. However, the path to successful expansion is fraught with challenges and complexities. One critical component that organizations frequently overlook in...
Why Now Is the Time to Invest in Commercial Land for Sale
Detroit is experiencing a steady economic resurgence, making it an ideal time for investors to consider commercial land for sale. Whether you're a business owner, developer, or long-term investor, the current market offers a unique opportunity to get ahead of the...
Tax Considerations for Companies Moving to Detroit
Detroit, once the heart of the American automotive industry, is experiencing a renaissance that is attracting businesses from across the nation. As companies consider relocating to this vibrant city, understanding the tax landscape is crucial. With a history rich in...
How Automotive Economic Development Is Transforming Rural Detroit Communities
Detroit has long been the epicenter of the American auto industry, but the reach of its impact is steadily growing beyond the city. In recent years, automotive economic development in Detroit has started to transform the rural communities surrounding the metro area....
What Advanced Manufacturing Means for the Future of Industry
In the rapidly evolving landscape of global industry, advanced manufacturing companies stand at the forefront of innovation and efficiency. This progression not only reshapes how goods are produced but also redefines entire business models and market dynamics. From...
Strategies to Consider When Recruiting Talent Engineering Consultants
Recruiting top-tier talent engineering consultants is becoming a strategic priority for companies that want to deliver high-quality technical projects on time and at scale. With industries shifting rapidly and innovation cycles shortening, employers need more than...
Site Selection Solutions Crucial for Expanding Your Business
Choosing the right location is one of the most strategic decisions a business can make during expansion. A well-chosen site improves visibility, enhances operational efficiency, and positions the company for sustainable growth. In contrast, a poorly selected location...
Types of Mobility Development Projects You Should Know About
As Detroit continues to evolve into a hub for innovation and advanced transportation, mobility development projects are playing a central role in shaping its economic future. Known historically as the Motor City, Detroit has embraced a broader vision of mobility—one...
How Land Planning Consultants Can Help With Your Next Big Project
Embarking on a large-scale development project can be an overwhelming task, especially when considering the intricacies of zoning laws, environmental regulations, and land utilization. This is where the expertise of our land planning consultants becomes invaluable....
Three Mistakes to Avoid When Purchasing Land for Development
Purchasing land for development can be an exciting venture that promises great rewards. However, it is also fraught with potential pitfalls that can turn your dream project into a financial nightmare. Understanding the common mistakes to avoid can save you both time...
Key Business Expansion Strategies for Small Businesses
In today's competitive market, small businesses must continuously explore avenues for growth to ensure long-term success. Expanding a business not only boosts revenue but also builds brand recognition and creates a more robust market presence. However, determining the...
Detroit Regional Partnership Announces Leadership Change; Maureen Krauss Named New CEO, Replacing Barry Matherly
DETROIT, June 17, 2020 (NYSE: DTE) The Detroit Regional Partnership (DRP) today announced Maureen Krauss will become its new CEO. Krauss replaces Barry Matherly, who will be leaving the region due to family relocation requirements. Matherly, who joined DRP in...
Detroit Regional Partnership Makes Statement on Racial Injustice and Discusses Deep Prosperity Initiative
Like millions of Americans, the Detroit Regional Partnership is deeply disturbed, saddened and frustrated by the racially motivated murders of George Floyd, Breonna Taylor and Ahmaud Arbery – who we'll never forget. We also know that there are countless other stories...
Detroit Regional Partnership Launches Interactive Mobility and Automotive Industry Cluster Story Map
The Detroit Regional Partnership (DRP) has identified seven industry clusters and twenty-one sub clusters. The targeted and highlighted clusters will diversify the region’s economy while ensuring access to jobs for all in the Southeast Michigan…
COVID-19’s Impact on Detroit: A Q&A with the Federal Reserve Bank of Chicago – Detroit Branch’s Paul Traub
In May 2020, Angela M. Ladetto, Vice President of Business Intelligence and Research, Detroit Regional Partnership, asked Paul Traub, an economist with the Federal Reserve Bank of Chicago's Detroit Branch, a series of questions about how COVID-19 has affected the...