Posted Dec 11, 2018, 2:13 PM
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Join Date: Apr 2018
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Aerotropolis Detroit
Jeff Ellis
Detroit Region Aerotropolis draws investments as automotive hub
Quote:
Putting an industrial automotive operation in the Detroit area has obvious advantages. General Motors Co., Ford Motor Co. and FCA US LLC provide a critical mass of automaker customers, while major suppliers and tech centers carpet the landscape. But finding a site poses a problem.
Available industrial space is tighter than ever in Southeast Michigan, according to market monitor CBRE. The Detroit area's industrial vacancy rates have been around 2 percent this year, and fell to an all-time low in the third quarter, CBRE reported.
That opportunity — or challenge — is the idea behind the Detroit Region Aerotropolis, a multicommunity partnership to market 6,000 acres surrounding two Detroit airports as an auto industry hub for manufacturing projects and spec industrial buildings.
The sprawling real estate, 30 minutes west of Detroit, offers land that is zoned and development-ready for industrial use, Robert Luce, executive director of the Detroit Region Aerotropolis Development Corp.
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Last edited by LMich; Jan 3, 2019 at 8:03 AM.
Reason: Can't just post links.
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