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Meridian Township Recognized for Entrepreneurial Growth
Post Date:11/05/2019 4:04 PM
Meridian Township has been recognized as a Five-Star Community for its work to foster entrepreneurial growth and economic development in the annual eCities study conducted by researchers at iLabs, University of Michigan-Dearborn’s Center for Innovation Research.
“While we are pleased to be ranked in the very top echelon of Michigan communities, we continue to face many challenges. We shall strive to stimulate growth in both the Haslett Village Square and Downtown Okemos. When we accomplish this goal, UM Dearborn will be inclined to create a Six-Star Community Ranking,” stated Meridian Township Manager Frank L. Walsh.
The Township Board’s 2019 Goals Action Plan include major steps for the redevelopment of core business districts in the Township, including breaking ground on the redevelopment of Downtown Okemos and Downtown Haslett as well as working closely with Meridian Mall ownership to strengthen the vitality of the mall’s future within the community.
The eCities study analyzed publicly available data from 277 communities in 54 counties in Michigan. Researchers focused on the five-year changes in property values, community assets and tax rates, which can demonstrate the growth, investments and cost of doing business within the community.
“By analyzing these high-performing communities, our goal is to showcase what cities and townships are doing to spur growth and how we can continue to support their efforts in developing business and encouraging entrepreneurs,” said Tim Davis, the College of Business’ Assistant Dean for Student Engagement and Success.
The focus of the eCities project, which began in 2007, is to learn and share community success stories to attract entrepreneurial development and create business growth. Understanding these success stories, or best practices, and utilizing these concepts across Michigan can positively impact the state’s economic future.