X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TROY, MI-The Troy City Council has agreed to establish a SmartZone, joining Automation Alley’s SmartZone that’s proposed to be part of a certified technology park. The park is located at Big Beaver, at the site of the old Big Beaver Airport, plus Big Beaver Technology Park, including the former Preston Trucking facility.

The certified technology park would be a joint local development financing authority, like those around the state that are high-tech clusters serving as centers on innovation and technology transfer. They have already attracted 21 companies and investment of more than $100 million statewide, and have six new business incubator facilities in operation or under construction.

One of the Troy parks will include the new Automation Alley headquarters, a planned 20,000-sf building in the 75-acre business and technology park now owned by Liberty Property Trust of Malvern, PA.The SmartZones are designed to attract high-tech companies, provide support by universities and research institutes and foster collaboration with local governments.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

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 © 2020 ALM Media Properties, LLC. All Rights Reserved.