VIP News & Insights
5 VIP Sites Awarded Over $13.5M in Site Readiness Funding from the State of Michigan
The Michigan Economic Development Corporation (MEDC) announced $87.5 million in grant funding for 18 projects across the state of Michigan through the Strategic Site Readiness Program (SSRP), to support the state’s efforts to compete for and win transformative projects.
“The Detroit Regional Partnership is aligned with the MEDC through our Verified Industrial Properties Program to support our region’s commitment to ready more sites, to help Michigan win its share of the critical job creation projects,” said Maureen Krauss, President and CEO of Detroit Regional Partnership.
Brownfields Offer Redevelopment Opportunities
Area Development interviews Shannon Selby, VP of Real Estate, about the important subject of brownfield sites and redevelopment opportunities. Brownfields present a sustainable way to revitalize and re-use land in areas often well served by infrastructure and workforce. The article highlights the 350-acre Flint Commerce Center, a VIP brownfield site.
Changing the Narrative About Brownfields in Michigan
City Monitor featured an article by Shannon Selby, VP of Real Estate, on the misperceptions around brownfield sites and the tremendous opportunity they can offer developers, site selectors, and end users. The article highlights the importance of the VIP Program and the brownfield sites in the program.
Not a nice-to-have but a must-have: Detroit Regional Partnership program makes it easy for companies to find available land in Southeast Michigan
Shannon Selby, VP of Real Estate, and Justin Robinson, EVP of Economic Development, feature in this REJournals article highlighting the VIP Program and the importance of proactive site readiness, verified site information, and brownfield sites in the Detroit Region.
Old manufacturing eyesore receives $300M for redevelopment in Flint
WDIV interviewed DRP Vice President of Real Estate, Shannon Selby, about how VIP by DRP helped the historic Buick City brownfield site begin its transformation into the Flint Commerce Center. WDIV describes the VIP program as “Zillow for industrial sites.”
New program gives SE Michigan an edge in hot industrial real estate market
Bridge Michigan emphasizes the importance of industrial site readiness initiatives and the collaborative effort to bring jobs and capital investment to communities in a competitive landscape, including through the Verified Industrial Properties program.
Future lights up for old Summit Place Mall
The Oakland Press covers the VIP by DRP site readiness initiative and how the program is paving the way for redevelopment of the former Summit Place Mall site in Oakland County, Michigan.
Clearinghouse of big, vacant properties aims to lure industrial development
Crain’s Detroit Business covers the launch of the Detroit Regional Partnership’s site readiness initiative, the VIP Program, a “one-stop shop targeting site selectors looking for large swaths of land.”