Wyoming is solicited to become a Next Michigan Development Corp.
July 25, 2011
Source: Matt Vande Bunte
Department: Grand Rapids Press
WYOMING - As city officials work with developers to find a user for the former General Motors plant property on 36th Street SW, they might have an ally in a new state law that brings more tax incentives to the table.
Wyoming is among several communities in Kent and Muskegon counties being solicited to form a "Next Michigan Development Corp." The partnership would create a regional board of directors to pursue a broader offering of tax incentives for eligible properties, like the vacant GM plant, with at least 35 acres and access to two modes of transportation: road and rail, for example.
Information meetings are planned next week to tout the proposed West Michigan Economic Partnership.