DETROIT IS ON THE RISEA city ripe for business, bursting with opportunity

DETROIT IS OPEN FOR BUSINESSWith a solid infrastructure, plenty of space, major recent investments, and an influx of innovators eager to call it home, Detroit is a smart choice.

#9Detroit’s ranking on The New York Times’ “52 Places to Go in 2017.” That’s worldwide.

#7The Detroit Region was ranked the seventh- fastest-growing economy in the nation’s 50 most populous metropolitan areas from 2009-2014.

It’s time to erase the preconceptions you may have about working, living, and playing in Detroit. Buoyed with enthusiasm, Detroit is ascending to its rightful place on the world stage. Detroit has earned domestic accolades and international recog-nition for having an abundance of professional, residential, and recreational opportunities.

Known as the city that put the world on wheels, Detroit is diversifying in surprising ways into a multifaceted, modern metropolis.

What’s the Motor City about today?• A diverse and growing crop of talent

• Availability of prime real estate• Affordability with Motor City heritage

• World-class cultural amenities• Multimodal transportation infrastructure

• Downtown stadium district with four pro sports teams

We’re Detroit. A city with grit. A city of makers.

CAMPUS MARTIUS

THESE COMPANIES HAVE RECENTLY MADE DETROIT THEIR HOME:

• ADIENT• AMAZON• FLEX-N-GATE• LEAR• MICROSOFT• QUICKEN LOANS• SAKTHI AUTOMOTIVE

COVER PHOTO AND CAMPUS MARTIUS BY JASON KEEN

WHY INVEST IN DETROIT?We’ve got the talent, real estate, and framework for success. Deciding to do business in Detroit is a bold statement about your corporate values. There is a place for you in this success story. Make no mistake: Detroit is the entire package, worth your investment.

ACCESSIBILITY

SKILLS

LIVE, WORK +

PLAY

QUALITY SPACE

DETROIT

OPPOSITE PAGE, CLOCKWISE FROM TOP: THE COMPUWARE BUILDING IN CAMPUS MARTIUS;

WALKING ON THE RIVERWALK; THE QLINE ON WOODWARD AVENUE; THE FARMER’S HAND IN CORKTOWN

PHOTO BY MICHELLE & CHRIS GERARD

PHOTO BY MICHELLE & CHRIS GERARD

PHOTO BY VITO PALMISANO

PHOTO BY BILL BOWEN

89K+ The number of industrial and mechanical engineers in Michigan.2

85+The number of workforce training programs, industry groups, and major federal initiatives in the Detroit region, including LIFT (Lightweight Innovations For Tomorrow). 20K

The number of jobs added in downtown Detroit by Ally Financial, Microsoft, Quicken Loans, and other Fortune 500 firms since 2010.

THE NATIONAL INNOVATION POWER RANKING for the area’s University Research Corridor,

a partnership between Wayne State University, Michigan State University, and the University of Michigan.3

#2347K The number of people in Michigan employed in advanced manufacturing.1

WE’RE TALENTEDDetroit is home to a specialized talent pool, from manufacturing and technology to health care, the arts and more. Thanks to partnerships with local universities and workforce training programs, you’ll have direct access to the qualified workers you need.

1 Bureau of Labor Statistics 2 Bureau of Labor Statistics 3 Anderson Consulting Group

SKILLS

SHINOLA ASSEMBLY IN NEW CENTER

5,000The number of engineers graduating each year from Michigan’s universities.

DID YOU KNOW? Detroit is home to one of just

five Patent and Trademark offices in the United States

SHINOLA PHOTO BY EE BERGER

OFFICE & INDUSTRIAL SPACEOffice Market Inventory

Industrial Market Inventory

MOST AFFORDABLE LIVING Detroit has ranked in the top 10 of major American and international cities in housing affordability

for each of the last three years in an annual survey by Demographia.

WE’RE A GREAT VALUEDetroit offers the best big-city value in America. It features historic buildings with character at a price point that’s accessible. The city also possesses land ideal for new construction. Perfectly situated, Detroit gives you a rich urban experience at a practical cost.

CNBC ranked Michigan No. 7 for best business climate in 2016.

#7

DOWNTOWN DETROIT HAS A WIDE RANGE OF HISTORIC AND ARCHITECTURALLY SIGNIFICANT BUILDINGS, WITH SPACE THAT REALLY STANDS OUT.

QUALITY SPACE

HISTORIC BUILDINGS ARE BEING ACQUIRED IN DOWNTOWN FOR DEVELOPMENT

DID YOU KNOW? Since 2006, approximately

$24 billion has been invested in commercial, industrial, and residential

properties in the city of Detroit.

PENOBSCOT BUILDING

Acquired in 2012

DETROIT FREE PRESS BUILDING Acquired in 2016

DAVID STOTT TOWER

Acquired in 2015

ONE DETROIT CENTER

Acquired in 2015

BUILDING PHOTO BY BILL BOWEN

17.7%

$20.46/SF/Yr.

13.7%

10.9%

$4.38/SF/Yr.

5.6%

OFFICE & INDUSTRIAL SPACEOffice Market Inventory

Industrial Market Inventory

AVAILABILITY

AVAILABILITY

GROSS ASKING LEASE RATE

GROSS ASKING LEASE RATE

VACANCY

VACANCY

CBRE Research, Q1 2017

500 MI

400 MI

300 MI

200 MI

100 MI

CENTRAL TIME ZONE EASTERN TIME ZONE

CANADA

LAKE SUPERIOR

LAKEHURON

LAKEMICHIGAN

LAKE ONTARIO

LAKE ERIE

MONTREAL

INDIANAPOLIS

ST. LOUISLOUISVILLE

NASHVILLE

TORONTO

NIAGARA FALLS

NEW YORK CITY

BOSTON

QUEBEC CITY

WASHINGTON, D.C.

CHARLOTTE

MILWAUKEE

CHICAGOCLEVELAND

DETROIT

WISCONSINMICHIGAN

ILLINOISINDIANA OHIO

PENNSYLVANIA

NEW YORK

MINNEAPOLIS

WE’RE RIGHT NEXT DOORDetroit’s close proximity to Canada and neighboring states gives the city a competitive edge as a logistics hub and international gateway. Detroit is known for its high-capacity infrastructure, equating to more accessibility for you and your business needs.

ACCESSIBILITY

GREATER DOWNTOWN DETROIT (7.2 SQ. MI.)

THIRD-LARGEST CUSTOMS PORT Detroit’s Metropolitan Port Complex is the third largest in the U.S., behind only New York and Los Angeles, according to the Brookings Institution.

PASS

TOLL-FREE ROADS Metro Detroit has a completely toll-free highway system with immediate access to an interstate free-way system.

Detroit is the second-most- trafficked border in the U.S. for trucking traffic.

#2

The percentage of the U.S. population that is within a

90-minute flight from Detroit Metro Airport.

60 $

The number of Class I railroads

that Detroit has direct access to.

DETROIT METRO AIRPORT has been ranked No. 1 in customer satisfaction in the U.S. by J.D. Power and No. 4 Best Airport for a Layover by readers of USA TODAY and 10Best.

DETROIT RIVER

DETROIT INTERNATIONAL RIVERWALK

QLINE

E. JEFFERSONE. LAFAYETTE

MICHIGAN AVE.

GRAT

IOT

AVE.

GRAND RIVER

MARTIN LUTHER KING JR.

MACK

E. VERNOR HWY.

E. WARREN

W. GRAND BLVD.

CHICAGO BLVD.

WOO

DWAR

D AV

E.

DEQU

INDR

E CU

T

DETROIT-WINDSOR TUNNEL

AMBASSADOR BRIDGE

W. FORT ST.

CANADA

MT. ELLIOTT ST.

94

94

75

75

75

75

96

10

10

10

3

COBO CENTER

WAYNE STATESTADIUM

HARTPLAZA

CAMPUSMARTIUS

PARK

WOODBRIDGE

CORKTOWN

MIDTOWN

NEWCENTER

EASTERNMARKET

HEIDELBERG

RIVERTOWN

BELLE ISLE

LAFAYETTEPARK

CENTRALBUSINESSDISTRICT

GREYHOUNDBUS STATION

HENRY FORDHEALTH SYSTEM

DETROITMEDICALCENTER

LIFT

GENERALMOTORS

WAYNESTATEUNIV.

WAYNE CO.COMMUNITY

COLLEGE

COLLEGE FOR CREATIVE STUDIES (CCS)

CCS

FORDFIELD

COMERICAPARK

DETROITINSTITUTE

OF ARTSAFRICAN

AMERICANMUSEUM

ORCHESTRAHALL

THEDISTRICTDETROIT

DID YOU KNOW? A new bridge, connecting Detroit to Windsor, Ontario, Canada, is

set to open in 2020.

DID YOU KNOW? Detroit is the largest

city on the U.S./ Canada border.

CANADA

LAKEST. CLAIR

CANADAUSA

GREATERDOWNTOWN

EMPLOYMENTDISTRICT

EMPLOYMENTDISTRICT

DETROIT139 SQ. MI.

Michigan is located within 500 miles of half of the population and income of the USA and Canada.

WE’RE VIBRANTCommercial and residential development is bustling in Detroit. Independent retailers, restaurants and breweries, brand-name stores, and entertainment options are sprouting up in concentrated areas of the city. The city has a wide variety of options for your life-style, business, or client needs. The momentum is real.

378 The number of restaurants throughout greater downtown. That’s an increase of 77 since 2013. Of these, 81 have an outdoor patio. Downtown Detroit also has seven breweries, and the city was named one of 26 ”Hottest Food Cities” of 2016 by Zagat.

COUNTLESS GREEN SPACES Detroit has several signature outdoor spaces, from the International River-Walk and historic Eastern Market to the downtown centerpiece Campus Martius Park, Belle Isle Park and the scenic railway-turned-greenway called the Dequindre Cut.

INFINITE ENTERTAINMENT OPTIONS An award-winning zoo, a science center, renowned art galleries, historical museums, three casinos,

a theater district, concert halls, auto baron mansions, riverboat cruises, fishing, kayaking, golf, and the list goes on. Detroit has the highest concentration of entertainment seating in the country.

15MILLION

The number of visitors to the downtown Detroit area in 2015.

LIVE, WORK + PLAY

The number of professional sports teams

— Detroit’s Tigers, Pistons, Lions and Red Wings — that will play in world-class downtown Detroit stadiums as of fall 2017.

THE APPARATUS ROOM, INSIDE THE FOUNDATION HOTEL

DID YOU KNOW? Detroit was named one of six “Unexpected Cities for the Food

Lover” by National Geographic in 2017, claiming the title for North America.

THE APPARATUS ROOM PHOTO BY BILL BOWEN

YOUR BUSINESS

CAN SHAPE DETROIT’S

FUTURE.Find your place.

FUTURE DEVELOPMENT OF THE MONROE BLOCK

IMAGE COURTESY OF BEDROCK DETROIT

OUR MISSION THE DETROIT ECONOMIC GROWTH CORPORATION The DEGC is dedicated to Detroit’s growth. The DEGC’s mission is to design and implement innovative solutions that drive investment, create jobs, and advance the economy of the City of Detroit through public-private collaborations.

WE ARE • The City of Detroit’s economic development experts • Advocates and facilitators for the business community• A source for identifying real estate options for relocation

or expansion projects• A gateway to cost-saving programs and incentives

DETROIT ECONOMIC GROWTH CORPORATION500 Griswold St., Ste. 2200Detroit, MI 48226Phone: 313-963-2940 Fax: 313-963-8839 degc.org

THANKS TO DTE ENERGY AND DESTINATION DETROIT

SKYLINE PHOTO BY VITO PALMISANOBUILDING REFLECTIONS PHOTO BY BILL BOWEN