Recently, lawmakers in Michigan have revealed a new plan to redevelop lands that are filled with abandoned buildings.

Lawmakers said that they want to help investors for developing old industrial sites that have been contaminated long ago and left lying abandoned and rotting.

They said that the new plan will bring life into Michigan’s cities and rural towns. Every projection shows that Michigan will continue to lose population jobs, in the words of JoAnn Crary with Saginaw Future.

Crary said the only way to prove those numbers are wrong were to create vibrant places, where people want to live and work

According to Andy Johnston with the Grand Rapids Chamber of Commerce, the top issues for business leaders were to attract talent in Michigan.

Johnston said one of the best ways to help keep Michigan talent and retain the best and brightest from around to globe was to do all they can to create thriving, vibrant cities right here in the mitten. That is what the Senate’s new proposal plans to do.

The state is thriving initiative designs to unlock $5 billion dollars in new investment across the Michigan.

This is how things will work; every city in the state would be allowed with one approved project every year, the project could be anything like development of skyscrapers or restaurants on the abandoned sites.

Once the projects are completed, Michigan will get income taxes generated from these redeveloped sites.

The new plans of the architects said that the incentive will encourage investors to breathe new life into forgotten lots across the state.

Crary said Michigan and its cities are not asking for handouts.

“We are asking legislators to help us compete fair and square with other cities in other states,” he said. The concept of encouraging investors to develop on contaminated land is not new.

The state allocated about 10 million dollars in tax incentives and grants for a private company to clean up contaminated soil and build an apartment complex at the Lansing River Front in 2011.

Personal data of 1.9 million workers may have been compromised

AMandeep