To ensure continued growth and success, each year the City of Novi reviews and develops economic development goals and strategies, according to a press release from the city. The 2013 economic development initiatives were approved this past week by the Novi City Council. Highlights of the 2013 Goals and Strategies include the following:
- Additional Focus on Local Business Attraction with High Profile Opportunities - Novi has several key properties which are essential to develop and redevelop that would be beneficial to the city.
- Regional Transit Authority - Investigate the benefits and potential plan of action for a Regional Transit Authority. A Southeast Michigan Regional Transit Authority was passed during the December, 2012 legislature lame duck session allowing an authority to be in charge of coordinating public transit within the Macomb, Oakland, Washtenaw and Wayne counties.
- Broadband - Investigate the technology needs and requests by working with local chief information officers at both a municipal level as well as private businesses.
- International Networking - Immigrants and their children are a growing share of Michigan’s population and electorate according to the Immigration Policy Center (IPC). In January, 2012, IPC reported that immigrants comprised 6.8 percent of Michigan’s workforce as well as 11 percent of the total economic output in the Detroit metro area. A strategy to develop a partnership potentially with the Novi Chamber in creating an international networking event that reaches out to the local international community for the purpose of both welcoming them and making them an active participant in Novi.