Thursday, November 05, 2015
LANSING, Mich. – The Michigan Economic Development Corporation today announced the City of Lathrup Village is the fourth community to receive Redevelopment Ready Communities® (RRC) certification. RRC is a voluntary, no-cost program that assists local municipalities in establishing a sound foundation for development and investment to occur in their communities.
“Communities that receive RRC certification have removed unnecessary hurdles to development, while preserving their vision and goals for a successful future,” said MEDC Executive Vice President and Chief Operating Officer Jennifer Nelson. “We congratulate Lathrup Village for being the fourth community in Michigan to achieve this certification and for working to make its community a vibrant place where business and talent want to be.”
RRC Program participants receive a comprehensive assessment measuring their community and economic development practices to the RRC best practice standards. The program evaluates and then certifies communities that integrate transparency, predictability and efficiency into their daily development practices. Certification signals that a community has removed development barriers and streamlined processes to be more competitive in today’s economy.
“Gaining RRC certification guarantees that we have the tools to achieve our vision of Lathrup Village’s future. Our goal for redevelopment is to reinvent our aging, but respectable commercial district that reflects the quality of our neighborhoods,” said Lathrup Village City Administrator Matt Baumgarten. “Potential investors will find that Lathrup Village embodies the best practices in redevelopment strategies through clear and efficient approval processes.”
The MEDC will hold a celebration ceremony for Lathrup Village in recognition of its accomplishments on November 6 at 11 a.m. at the Lathrup Village City Hall Community Room.
For more information on the Redevelopment Ready Communities Program, visit here: http://www.michiganbusiness.org/community/development-assistance/#rrc.
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