Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DETROIT-Attorney General Jennifer M. Granholm, a candidate to replace Gov. JohnEngler, includes creation of a technology corridor and assistance to older cities’ development efforts in her economic plan for Michigan. The plan was released duringthe Detroit Regional Chamber of Commerce 2002 Policy Leadership Conferenceon Mackinac Island.

She wants to create a Michigan Technology Tri-Corridor, to build upon the state’s Life Sciences Corridor, by adding a high technology corridor that leverages Michigan automotive legacy and a homeland security technology corridor. These corridors would bring in companies to form a triangle of tech corridors, Granholm says.

“To make sure that Michigan’s economy stays robust, creates good jobs, and that our people are prepared to fill those jobs, we must take a bold, forward-looking approach,” she says. “We need to plant the seeds today for the emerging industries of tomorrow, and once again, use our state’s assets to our advantage. North Carolina has the Research Triangle. California has Silicon Valley. Michigan will have the Technology Tri-Corridor.”

At the center of this effort would be the creation of a number of technology laboratories located on and around the campuses of Michigan’s great universities. These universities would serve as the incubator of ideas that could turn into actual commercial products.

The tech corridor would be supplemented by Regional Skills Alliances–partnerships of business, labor, community colleges, and universities–that will develop and provide training and re-training for the jobs of the future, and work in alignment with the Technology Tri-Corridor.

Granholm also wants to use the Grow Michigan Fund to provide low-interest loans intargeted redevelopment areas. However, she insists private enterprise take most of the financial burden. She said she will name a team of “blight busters” empowered to tear down dangerous, abandoned properties, speed clearance of titles, dispose of vacant state-owned urban land and assemble packages of land suitable for redevelopment.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.