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With a grant from the Kresge Foundation, we engaged local building owners to assess the retail portions of their buildings. After creating a list of proposed entrepreneurs, we engaged the Detroit Economic Growth Corporation (DEGC) to assist in determining the way to choose businesses in our area. The DEGC coordinated a retail strategy through their Revolve program, and assisted a building owner with funding for building improvements. We all then selected businesses and after a year of build-out, licenses and permits, financing and a lot of effort, four new businesses have moved into West Village. Based on the initial success of these businesses the potential for further commercial revitalizing is there.
Now is the time. The time to take a look. The time to get in. The time to invest. Let the Villages Community Development Corporation (CDC) be your guide. Whether you’re looking for that perfect space, need a helping hand navigating the many available incentives or tax credits, or just need to better understand the demographics, contact us today.