Wednesday, June 26, 2002
Grant to Launch a Downtown Development Planning Study
The Michigan Economic Development Corporation (MEDC) recently offered a $25,000 planning grant to the City of Jackson to assist with launching a downtown marketing and feasibility study.The study will focus on Jackson’s downtown business district and explore ways to attract more businesses and create jobs for the community.
“This progressive study will help to identify ways to attract new business to downtown Jackson,” said Doug Rothwell, president & CEO of the Michigan Economic Development Corporation.“Keeping Michigan’s downtown areas economically vital is an important element of the economic success of the entire state.”
The cost of the study is estimated to reach $50,000.The City of Jackson is matching the funds offered by the MEDC by providing the additional $25,000 needed to complete the planning project.
“The study will identify business and housing opportunities that will further the city’s downtown revitalization,” said Assistant City Manager, Brian O’Connor.“We appreciate this grant and matching contributions from the Michigan State Housing Development Authority and the Jackson Downtown Development Authority.”
The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life.