Les organismes et fondations rattachés à l’Etat
fédéral du Michigan ou à la ville ont annoncé un important effort qui se traduit par des mesures de subventions,
d’abattement fiscal ou de prêts facilités à destination des entreprises en vue
de revitaliser Detroit mais aussi ses horizons.
Comme
nous l’avons vu dans un précédent billet, l’équipementier automobile Adient a
délocalisé son siège social à Detroit pour se rapprocher des principaux
constructeurs. Aujourd’hui, c’est au tour d’Arcelor Mittal d’implanter à
Detroit une de ses branches travaillant en liaison avec l’industrie automobile.
A cela vient s’ajouter l’annonce de l’établissement d’un nouvel hôtel
appartenant à Metropolitan Hotel Partners LLC. Ces trois entités s’engagent à
rénover les bâtiments qui abriteront leurs projets.
Il
a également été annoncé la création d’une zone de Renaissance et de mobilité à
l’extérieur de la ville qui devrait être dédiée aux entreprises développant des
produits connectés et automatisés, intégrés aux véhicules.
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State OKs incentives for
$215.3M in Detroit investments
Michael
Gerstein and Michael Wayland,
The Detroit News November 22, 2016
Lansing — State officials on Tuesday approved millions of
dollars in incentives to assist three companies in investing $215.3 million in
Detroit.
The projects
range from a new facility for a steel manufacturer near I-94 to the restoration
of a hotel to a seat manufacturer moving its North American headquarters to
downtown Detroit. The projects are expected to create 265 jobs.
“This is
amazing for Detroit,” said Michigan Economic Development Corp. CEO Steve
Arwood. “I think working with the city of Detroit, very closely with the
mayor’s office, they’ve had a vision for filling in that I-94 Industrial Park.
It wasn’t very many years ago that was completely empty.
“That’s just
a very big deal to begin filling that in. And not only that, they’re very high
paying jobs.”
The largest
investment of the three companies will come from Johnson
Controls spin-off Adient to relocate its operational headquarters
from Plymouth to Detroit.
The global
automotive seat manufacturer plans to invest $97.8 million and create 115 new
jobs as part of the move.
The project
was awarded a $2 million Michigan Business Development Program
performance-based grant by the Michigan Strategic Fund board.
“We will
take these incentives into consideration as we make a final location decision
in the next several days,” said Adient Chairman and CEO in a statement. “We
look forward to a continued partnership as we expand our presence and bring new
jobs to the area.”
The company
is expected to announce the location of the facility next week in Detroit.
Crain’s
Business Detroit earlier this month reported Adient
planned to move into the Marquette Building at 243 W. Congress.
David Roznowski, an Adient spokesman, previously told The Detroit News the
building — located across from Cobo Center — was one of two locations in
downtown Detroit that the company has scouted out.
Adient, like
Johnson Controls, is domiciled for tax purposes in Ireland. Corporate offices
outside Metro Detroit are in Milwaukee; Burscheid, Germany; and Shanghai,
China.
Metropolitan
Hotel Partners LLC, a joint venture between Detroit-based Means Group and
Roxbury Group, plans to invest more than $34 million to redevelop the historic Metropolitan
Building on John R St. into a mixed-use extended-stay hotel that will
include 110 rooms, retail space and meeting facilities. The project is expected
to create 30 jobs.
"This
is about more than brick and mortar,” said Eric Means, founder and CEO of the
Means Group, in a release. “This breathes life into downtown Detroit and is
strong evidence of the commitment the state has to preserving an important
piece of history in urban America."
Redevelopment
of the Neo-Gothic, 98,000-square-foot hotel, which opened in 1925, was awarded
a $6.4 million Michigan Community Revitalization Program performance-based loan
by the state.
The city of
Detroit also is supporting the project with a $6.7-million Obsolete Property
Revitalization Act tax abatement.
ArcelorMittal
Tailored Blanks — a subsidiary of one of the world’s leading steel and mining
companies, ArcelorMittal — plans to lease and renovate a 317,000 square
foot building in the I-94 Industrial Park.
The facility
will house welding equipment for the production of high-strength steel laser
blanks. The project is expected to generate a total capital investment of $83
million and create 120 jobs.
The Michigan
Strategic Fund board approved a $2 million performance-based grant for that
company.
“Having
Adient and ArcelorMittal locate in Detroit deepens and broadens Michigan’s
rightful claim as the global auto capital,” Arwood said.
Separate
from the Detroit investments, the board also approved a Renaissance Zone
designation for the American Center for Mobility and Willow Run Arsenal
of Democracy Landholdings Limited Partnership for 15 years in Ypsilanti
Township.
The state
estimates estimated that on average $1.85 million will be abated annually in
property taxes, which will be partially offset by a Payment in Lieu of Taxes
agreement between Ypsilanti Township and the companies.
A groundbreaking
ceremony was held Monday for the long-anticipated facility, which
will serve as a state-of-the-art global center for testing, education and
product development for connected and automated vehicles.
***
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