Trails spur economic development in Detroit

Orleans Landing on the Dequindre CutGood trails foster economic development. It’s been studied and proven nationally.

It’s also be documented by the Detroit Riverfront Conservancy’s Economic Impact Study: Detroit Riverfront 2013.

Within that riverfront study is the $61 million Orleans Landing, 20 new buildings with mixed-use development and 278 residential units along the Dequindre Cut and just north of Milliken State Park. The initials plans include new retail along the Dequindre Cut. We sure hope that includes a coffee shop.

According to this mLive article, the “apartments will be marketed toward those seeking an active urban lifestyle and people who work downtown.”

The Michigan Economic Development Corporation also has bought into this development and have even made a video about it. We love this quote from Jack Hambene, Sr. Vice President, McCormack Baron Salazar.

While everyone else was fleeing, we saw an opportunity. And I think the fact that the site has such an incredible investment of public infrastructure with the RiverWalk and [Dequindre] Cut bike trail and now of course the Outdoors Adventure Center, I think it really is a unique opportunity — and it’s right on the riverfront. We don’t know where that exists anywhere else in urban America.

What excites us is this is just the beginning. We waiting for those GM surface lots to transform, and of course, the UniRoyal site.

Posted in Greenways and tagged , , , , , .

Leave a Reply

Your email address will not be published. Required fields are marked *