Eyes continue to open across the country: Fortune magazine editors, for example, were surprised to find a "model for other cities looking to engineer new growth after the decline of old-economy industries" smack in the middle of "the Rustbelt of Michigan."
An article in the magazine highlights Grand Rapids as an example of a successful city and points to locally developed and supported institutions: Van Andel Institute, Medical Mile healthcare and research complex, DeVos Place convention center, JW Marriott Hotel, renovation of Civic Theatre into the Meijer Majestic Theater, the new Grand Rapids Art Museum and Frederik Meijer Gardens and Sculpture Park. The newest project under development is an urban market designed to attract visitors and businesses downtown.
MI Perspective: As the saying goes, any publicity is good publicity. Still, we look forward to the day when business thought-leaders are no longer shocked -- shocked, do you hear! -- to find shining examples of new economic growth in Michigan. Follow this link to view the Fortune article:
http://money.cnn.com/2010/05/11/autos/michigan_success_story.fortune/index.htm
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