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Thursday, August 28, 2008

AEROTROPOLIS IN METRO DETROIT'S FUTURE?

It looks like the aerotropolis idea, which has been thrown around for some time, is really taking off.

"Chicago is in the crosshairs, and North Carolina is the goal.

That's the message from the backers of the plan to develop an “aerotropolis” of aviation-reliant business and industry in the area anchored by Detroit Metropolitan Airport and Willow Run Airport. Backers want to attract investment to 5,000 targeted acres among 60,000 acres — over 25 years — on what is now largely undeveloped land sprinkled with some industrial and airport-related businesses.""

The potential economic results are eye-popping: A Jones Lang Lasalle aerotropolis study earlier this year estimates that construction-related economic impact, both direct and indirect, would average $173 million annually over the 25-year build-out, or $4.3 billion total."
(Bill Shea/Crain's Detroit

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