FOR IMMEDIATE RELEASE
CONTACT: Katelyn Little
BIRMINGHAM, AL (April 14, 2023) – The City of Romulus is proud to announce a new partnership with Retail Strategies to develop a retail recruitment plan and a five-year downtown revitalization plan. This partnership will help attract new businesses to the city, create job opportunities, and spur economic growth in the Romulus market.
After recently launching a small business incubator, city officials look to build upon that success with a focus on downtown. The partnership will engage downtown stakeholders and the public to bring greater awareness to the downtown area.
“The City of Romulus is focused on rebuilding and rebranding our historic downtown in order to preserve our history, enhance and create additional gathering spaces for year-round family fun activities and events enjoyed by all Romulus residents, while supporting our downtown businesses and creating opportunities for new businesses making downtown Romulus a destination center is our goal. Romulus is fortunate to add Retail Strategies to the team to support our efforts to make this goal a reality,” said Mayor Robert A. McCraight.
“While the airport provides retail opportunities for travelers, those that live around the area are starved for more restaurants, grocery options, and other retail destinations,” said Sarah Beth Stewart, vice president of Retail Strategies. “Romulus, Michigan has seen a lot of development promises through the years, but few that have come to fruition. However, the Romulus Trade Center, which broke ground in September, will be a huge asset for the city and will be a focus for our team. We are thrilled to partner with the city to take an active approach to increasing the retail and restaurant opportunities for visitors and locals alike.”
The Detroit Metropolitan Airport is located in the middle of the city and sees thousands of travelers passing through each day. Retail Strategies will take into account this transient population as it creates a customized retail attraction plan to execute on behalf of the city.
“With the airport, upcoming developments, and small business incubator Romulus has so much going for them,” said Sarah Beth Stewart, vice president of Retail Strategies. “Romulus is poised to take off and the downtown is a critical component of their revitalization and development goals and I am so excited to partner with them.”
The Downtown Development Authority of Romulus funded the partnership, which will involve creating a five-year action plan to take the downtown to the next level of growth. The plan will include a focus on tourism, economic vitality, design, policy, and a market analysis. The customized action plan will be created and delivered after the Strategic Visioning Workshop and market tour.
About Romulus, Michigan
In a highly competitive economy, Romulus recognizes that companies require speed to market and stay profitable. Romulus has everything it takes for companies to meet the demands of today’s marketplace including over 5,000 acres of vacant property ready for development, expedited approval and development processes and aggressive incentive programs. The city is home to Detroit Metro Airport, has major east/west and north/south interstate freeways, and major rail routes throughout City
The region is home to numerous institutions of higher education, including the globally recognized University of Michigan, Eastern Michigan University and Wayne State University. These institutions power a skilled workforce of over three million located within 50 miles of the zone.
About Downtown Strategies
Downtown Strategies, a division of Retail Strategies, exists to provide realistic, implementable strategies to communities for revitalizing their downtowns. Led by a team of former downtown revitalization practitioners and real estate experts, our combination of real-world experience, plus expertise in real estate and retail uniquely qualify us to assist communities with backfilling vacancies, increasing tourism, and enhancing the sense of place in their downtowns. Serving rural communities in 22 states, Downtown Strategies is the leading national firm for downtown revitalization planning with an emphasis on real estate and retail.
About Retail Strategies
Retail Strategies is the national expert in recruiting businesses and strategically developing communities. Our mission is to provide the real estate expertise, tools, and human effort that position deserving towns as alluring locations for national businesses and destinations for tourism and quality of life amenities. With confidence, we pursue this mission by delivering unparalleled customer service as a unified team with unmatched real estate and community development expertise. Our activities pay a return in sales taxes, added jobs, and businesses that enhance and add to the unique qualities of your community.