Press Release – Downtown Lansing Market Study

6 01 2009

From a City of Lansing Press Release….

Public Welcomed to Be Part of Downtown Lansing’s Future!
Downtown Lansing Conducts Extensive Market Study

“Market studies are imperative to successful economic development—which translates into jobs! Downtown Lansing has not had a market study done in nearly ten years.” acknowledged Bob Trezise, Jr., President and CEO of the Lansing Economic Development Corporation. “Since downtown Lansing has dramatically changed over the last three years, to the tune of over $500 million in new private investment, it is the right time to conduct a new downtown market study and keep our momentum going strong and in the smart direction.”

“Downtown Lansing is a rich urban environment where we want to foster creativity and growth, while maintaining the character and history of the district.” stated Mindy Biladeau, Executive Director of the Lansing Principal Shopping District. “Understanding the experiences and reflections of everyone in the public is vital to planning its future.”

The Lansing Economic Development Corporation (LEDC) has commissioned a Downtown Lansing Market Study and Strategies project with the Downtown Professionals Network (DPN) to accurately understand the value and future of Downtown Lansing. As a part of the study, a public workshop will be held on Wednesday, January 7, from 6:00 – 8:00 p.m. in the Governor’s Room of the Lansing Center, 333 E. Michigan Ave.

“Market studies are imperative to successful economic development—which translates into jobs! Downtown Lansing has not had a market study done in nearly ten years.” acknowledged Bob Trezise, Jr., President and CEO of the Lansing Economic Development Corporation. “Since downtown Lansing has dramatically changed over the last three years, to the tune of over $500 million in new private investment, it is the right time to conduct a new downtown market study and keep our momentum going strong and in the smart direction.”

The Market study process has been designed to provide a current snapshot of downtown Lansing today and to offer a glimpse of downtown’s potential and opportunities for the future in terms of business, residential and new market prospects.

“Downtown Lansing is a rich urban environment where we want to foster creativity and growth, while maintaining the character and history of the district.” stated Mindy Biladeau, Executive Director of the Lansing Principal Shopping District. “Understanding the experiences and reflections of everyone in the public is vital to planning its future.” Read the rest of this entry »