Retail is big in Macomb

When people think Macomb County, their first thought might be advanced manufacturing or defense, but retail is an often overlooked significant part of the economy.

When you have a more-than-healthy private sector growing manufacturing jobs with high wages complemented by industries like health care, defense and aerospace, it is no surprise that the demand for retail is going to be big.

EmploymentIncome generated in other industries means that there are plenty of retail establishments to choose from in Macomb County. With 2,369 options for holiday shopping covering the county, ranging from big box to boutique, there is something for everyone.

Nearly 1,600 of these businesses are independently owned, which gives shoppers a chance to have a big impact. Recent research suggests that the multiplier effect on a local economy of patronizing a local independent business is as high as 68 cents, compared to 43 cents when shopping at a chain. When you add it all up, these businesses are doing a lot directly, indirectly and inductively for the local economy.

This shopping season, Macomb County is encouraging shoppers to shop at local businesses. The county has compiled a database of area independent retail locations. It’s filterable by location and category.

These unique retail businesses define Macomb County’s downtowns. Retail growth and activity in Mount Clemens, New Baltimore and Roseville are all helping spark redevelopment into local downtowns.

The outlook is bright too, and there is certainly an opportunity for more investment. Macomb County’s current median household income is $53,435, a number expected to rise to $63,113 by 2020. Additionally, with its 865,570 residents, Macomb County has been one of the fastest growing counties in the state, adding a whopping 24,592 residents just since 2010. If these trends continue, Macomb County will surpass one million residents before 2040. With new revenue comes new spending, painting a bright future for retail in the county.

Businesses have been working hard and fast to keep pace with demand. Since opening in 2007, Partridge Creek has found success along the mega-retail corridor that is Hall Road. Each year, more than $1 billion of goods are sold along the 12-mile stretch of road in Macomb County. Planned for completion in 2016, a new massive luxury outlet mall will bring an additional 330,000 square feet of retail.

In Roseville, Macomb Mall has undergone a nearly $10 million renovation that has revitalized not just the mall property, but an entire stretch of Gratiot. The state of Michigan took notice, naming Roseville as the first city in the state to be designated as a Redevelopment Ready Community.

All it takes is a look at traffic counts along Hall Road (topping out daily at more than 100,000) and the parking lot at Lakeside Mall to see that the 150 retailer destination is thriving as well.  The lure of our region’s retail is so strong, even Amazon wants a piece.

Are you looking to start, expand or grow a retail operation in Macomb County? The Department of Planning and Economic Development can help. From site selection, information and research to traffic counts and other assistance, we have a team of experts ready to assist. Reach out and get started!

Posavetz, Nick IMG_0221Nick Posavetz is a senior planner for Macomb County, providing content for the Macomb Business website. If you have a topic you would like to be featured, reach out to him at posavetz@macombgov.org. This holiday shopping season, the department is promoting efforts to shop local, find what local businesses are doing and share your story.

Macomb County touts aerospace opportunities at international expo

Organized by the U.S. Department of Commerce, the first-ever National Aerospace Foreign Direct Investment Exposition was an opportunity for states across the country to showcase their growing aerospace industries to international companies.

Department Deputy Director Vicky Rad and I attended the expo in Los Angeles on behalf of Macomb County. Prior to the event, we had been able to secure meetings with companies from Australia, Canada, Germany and Mexico looking to expand or establish a presence in the United States. Once we arrived, we were able to meet with U.S. Commercial Service and Trade & Investment representatives from Switzerland, China, Italy and the United Kingdom.

During each of these meetings, and in conversations with companies throughout the conference, we had the opportunity to enlighten and inform attendees about Michigan’s economic comeback. Moreover, we were able to demonstrate that Michigan is more than automotive – a recent PriceWaterhouseCoopers report named Michigan No. 2 in the nation for aerospace manufacturing competitiveness, and it doesn’t stop there. Jobs in Michigan related to aerospace have grown 35 percent since 2009, and one third of the top 100 global aerospace companies are now present in the greater Detroit region.

Macomb County in particular has seen impressive growth in this industry, with companies such as KUKA Systems North America and Global Tooling Systems recently investing a combined $15 million and creating nearly 200 local jobs. Macomb County’s aerospace industry has grown 52 percent over the last decade, outpacing both the state at 46.6 percent and the nation at 2.6 percent.

We have a great story to tell at Macomb County, and it’s only getting better. As we continue to travel the country (and world!) to promote our county’s assets, we have the opportunity to change perceptions about our region’s competitiveness, growth and future potential.

Tracey, Alyssa IMG_0194Alyssa Tracey is a senior economic development specialist for the Macomb County Department of Planning & Economic Development.

 

Macomb manufacturing continues to grow with latest development

The largest development in Sterling Heights since Lakeside Mall was recently announced. Sunnybrook golf course, located along 17 Mile Road near Van Dyke, will be developed into a 144-acre state-of-the-art manufacturing site along with two new hotels. This news is exciting and continues to showcase how important manufacturing is to Macomb County’s economy.

While exciting, the fact that new manufacturing continues to grow in Macomb is not a surprise. This is a trend that has been clear since 2009. In fact, in 2014 Macomb County was third among all counties in the nation for manufacturing growth.

Manufacturing Jobs
Manufacturing jobs in Macomb County have rebounded since 2008

Macomb County Executive Mark Hackel calls this development “another example of how this city and Macomb County are leading the greater Midwest as the hub of advanced manufacturing.”

This rings true across a number of statistics: More than 30,000 workers are engaged in R&D at 350 local labs and facilities, in a region that graduates roughly 12,000 engineers and science degrees annually. We are home to a full quarter of the world’s advanced manufacturing workforce. (Want to learn more? View our targeted industry brochure.)

Companies are seeing this and taking advantage of what Macomb has to offer. Major investments by long-time industry leaders are complemented by new investments from companies eager to tap Macomb County’s talent.

The outlook continues to be bright. The big three are seeing constant double digit growth. Rises in new orders and production are boosting the industry in the U.S.

Are you a manufacturer looking to grow or locate in Macomb County? Reach out to our economic development professionals. In 2014, clients of the department invested nearly a quarter billion dollars and created more than 1,600 new jobs.

Finally, if you’re worried about the state of golf in the county, fear not, for there are still ample great opportunities to get out and enjoy a round.

Nick Posavetz is a senior planner for Macomb County, providing content for the Macomb Business website. If you have a topic you would like to be featured, reach out to him at posavetz@macombgov.org. 

Top Five Reasons to Nominate Your Business for a Macomb County Business Award

By: Maria Zardis, Program Manager Communications & Outreach

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Only one nominee in each category will take home an impressive crystal award, but every nominated company is a winner! With just two short weeks until nominations close, now seems an appropriate time to talk about the top five reasons to nominate your company (or organization) for a Macomb County Business Award:

  1. Your company has achieved success in building a strong workforce; tapping new sources of revenue; achieving efficiency; giving back to the community; getting started; or creating a diverse and welcoming workplace.
  2. Nominating your company is a great way to acknowledge and celebrate the hard work of your employees to implement a successful solution.
  3. The process is online and simple: provide background information along with a 300‐word summary about the company and why it fits the selected category.
  4. Being nominated offers exposure – all nominees are featured on our website and a description of each will appear in the event’s program book.
  5. Nearly 400 people attended last year’s program to network, hear from interesting speakers and see the awards presented. Every nominated company will receive two complimentary tickets for the Tuesday, Feb. 9, 2016 breakfast event.

Nominations will be accepted until 11:50 p.m. on Thursday, Nov. 12.  Please visit http://www.MacombBusiness.com/bizawards to learn more!

Maria Zardis is the program manager for outreach and communications. Contact her at maria.zardis@macombgov.org to learn more about the Macomb Business Awards and for sponsorship opportunities