Michigan’s regional economies surged ahead in 2010, propelled by a surprisingly robust manufacturing sector and solid growth from the “information economy.” The latest figures are a positive pivot from a decade that saw most Michigan regions lag economically. Between 2001 and 2009, 11 of 14 Michigan metropolitan areas recorded declines in real gross domestic product […]
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Posted inBusiness Watch
Tax breaks saved mental hospital site, developer says
“Blight” and “Traverse City” aren’t often used in the same sentence. But one large, historically significant property in the picturesque northern Michigan community was so blighted that local officials who wanted to redevelop the site were unable to make much progress — until it was approved as a tax-free Renaissance Zone. The Traverse City Regional […]