DEGC hosts NewCo session on September 18

 

Parkway Foods
Parkway Foods Grand Opening

For a second consecutive year, Detroit’s most innovative companies will open their doors September 18 to executives, entrepreneurs, investors, and future influencers during NewCo Detroit, and Detroit Economic Growth Corporation is pleased that we were chosen as a presenting organization.

NewCo is a new kind of event experience: a mashup of an open studio tour and a business conference, with the vibe of a music festival. NewCo Detroit is designed to celebrate the spirit of innovation that embodies so many of the organizations in the city, including ours.

DEGC will be hosting its NewCo event at 3 p.m. on Thursday, Sept. 18 at our downtown headquarters. We will be presenting two innovative efforts to revive neighborhoods with retail businesses, REVOLVE and the Green Grocer Project. REVOLVE Detroit is our collaborative program that partners with local leaders, building owners, entrepreneurs and artists to activate vacant storefronts with transformational businesses and art installations. The goal of the program is to foster the evolution and vibrancy of Detroit’s neighborhood business districts.

The Detroit Green Grocer Project has helped support competitive, sustainable grocery stores in Detroit while improving fresh food offerings for residents. It has worked with independent grocers to improve stores inside and out and to plan moves and significant expansions. We invite you to attend and share in some Detroit-themed treats!

Overall, NewCo offers attendees a chance to meet innovators in their native habitat and hear from executives how they are trying to change the world with Detroit as their home bases. Investors, entrepreneurs, and anyone curious for a look inside Detroit’s resurgence is welcome to register. We hope to see you here! Visit www.det.newco.co to learn more.

Malinda Jensen
Director of Business Development

Two new pop-up businesses coming to Grandmont Rosedale

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Anahata Yoga, a studio offering Hatha yoga, and Love Travels Imports, a social enterprise of fair trade and handmade artisan wares, have been selected by Grandmont Rosedale Development Corporation (GRDC) and REVOLVE Detroit to create two new pop-up shops on Grand River Avenue in Detroit’s distinguished Grandmont Rosedale community.

Love Travels Imports, owned by Yvette Jenkins, will be located at 19120 Grand River, also the new home of WorkPlace, a neighborhood business incubator and co-working facility. Jenkins will manage WorkPlace and serve part-time as GRDC Economic Development Manager. This is the second location for Love Travels Imports, which opened a pop-up-turned permanent business on Livernois Avenue. Love Travels Imports will hold its Grandmont Rosedale grand opening September 20.

Anahata Yoga, owned by Regina Ward and Nicole A. Martin, will be located at 19560 Grand River. It will hold its grand opening on Sept 20 as well.

The owners of the two shops will receive assistance and resources to help create their pop-up locations as well as favorable rent terms during the pop-up, with the support of a Growing Communities grant from Charter One.

In addition, four other new businesses were selected to host events in the community through the end of December, including: apparel and fashion showcases with Funky Junk and Juju, and Dressing With a Purpose; Car-Go Paint painting classes and events; and Tender Moments holiday and event planning workshops.

REVOLVE Detroit is proud to use its pop-up strategy in yet another Detroit community to help both the businesses and the neighborhood. We know from our experience it can have a lasting effect on both.

Michael Forsyth

Business Development Manager

Major Detroit companies host conference for suppliers

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The 2014 Detroit-Based and Diversity-Owned Businesses Procurement Conference held August 7 on the Wayne State University campus was an opportunity for several dozen women- and minority-owned Detroit-based suppliers to have a one-on-one dialog with buyers from five major Detroit companies: Detroit Medical Center, DTE, Henry Ford Health Systems, Wayne State University and Quicken Loans.

“Reshaping Our Community by Investing in Local Resources” was the theme of the conference. Current vendors were able to renew their relationships, and potential vendors were able meet the procurement representatives from each of those institutions and share brochures, pamphlets and other literature.

Brian Watkins
Business Development Manager 

EDC approves site remediation for Orleans Landing

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Orleans Landing, a 290-unit apartment and retail complex in the East Riverfront District has taken one more step towards construction as the Economic Development Corporation (EDC) approved Rickman Enterprise Group, Detroit, to provide remediation services for the site. The approval paves the way for site clean up to begin this month.

Rickman will perform the environmental remediation services through the financial support of a $1 million remediation grant provided by the Michigan Department of Environmental Quality.

McCormack Baron Salazar Development Inc., St. Louis, Missouri, is developing Orleans Landing in five blocks of the east riverfront adjacent to the soon-to-open Michigan Department of Natural Resources Outdoor Adventure & Discovery Center. The developer expects to build 210 one-bedroom units, 46 two-bedroom units and 34 two-bedroom townhouses, with some retail space.

The EDC is remediating the site in support of a project that is an important, catalyzing development for the East Riverfront. Since 2005, the EDC has invested city, state, foundation, and EDC funds to construct more than $8 million in road infrastructure, $2.7 million for the first elements of the RiverWalk, and $5 million for the Dequindre Cut and Dequindre Trail.  Those investments and other key public investments by the state, city and Riverfront Conservancy allow for continuing implementation of the EDC East Riverfront Development Plan.

Will Tamminga
Director of Project Management

Photos of Orleans Landing supplied by Urban Design Associates

Buyer Ready Business Profile: Kenji Lemon, One Stop Property Maintenance

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One Stop Property Maintenance LLC is a Detroit-based, commercial facility maintenance company that provides turf maintenance, snow removal, pressure washing and lot striping. The vast majority of its work is in the city of Detroit, and it also provides services to companies in the tri-county area. Kenji Lemon founded the company eight years ago, and agreed to talk to us about his success.

Tell us how you used D2D and what the program means to you.

We used the D2D Buyer Honor Roll to target our marketing efforts. Our philosophy is that companies that are strong advocates for the city are compatible with our mission to hire local wherever possible. D2D is one more way to gain exposure to Detroit decision makers. We’re also a member of the Detroit Chamber of Commerce, a certified minority vendor and on the Pure Michigan list.

Would you give examples of some of the companies you are working with?

We currently do power washing for Henry Ford Health System and Wayne State University. We provide all of our services to CVS Caremark, and we provide power washing and lot striping for PNC Bank.

What has landing a contract with a major buyer meant to your organization?

It has provided stability, the ability to grow to meet the needs of larger clients and exposure to other large clients.

Have you experienced an increase in business scale?

Yes, we’ve added four employees over the last two years due to the increase in business from our customers, and we’re looking for even more for next year. Our revenues have increased at least 30% over the last two years.

Where do you see your company in five years?

We’ll be expanding into new services, including pesticide applications, window cleaning, lot sweeping and of course, we’ll be adding staff to manage these new services.

Tiffini Smith
Director of Corporate Communications