Cascade Township Earns Five-Star Ranking for Successes and Efforts in Economic Development and Growth
Cascade Township Earns Five-Star Ranking for Successes and Efforts in Economic Development and Growth
Cascade Township, Michigan, Nov. 6, 2019 – Cascade Township has again been recognized as a five-star community in the annual eCities study for its successes and efforts in contributing to Michigan’s entrepreneurial growth and economic development.
Conducted by researchers at iLabs, the University of Michigan-Dearborn’s Center for Innovation and Research, the eCities study analyzed publicly available data from 277 communities from 54 counties in Michigan. Researchers focused on the five-year changes in property values, community assets and tax rates, which can demonstrate the growth, investments and cost of doing business within the community.
“We are proud to be recognized as a five-star community for the sixth year in a row,” said Township Manager Ben Swayze. “We strive to create a strong economic impact that not only benefits businesses and entrepreneurs in our community, but Michigan as a whole.
“We could not have earned this rating without the great work the businesses and entrepreneurs are doing right here in Cascade Township.”
Cascade was ranked as a five-star community for the following reasons:
- The opportunities provided to entrepreneurs and small businesses
- The broad and diverse mix of business types, from retail, restaurants and hotels to industrial, auto dealers and office parks
- A focus on improving talent attraction and retention by partnering with The Rapid, the local public transit system in Grand Rapids, to add routes to the Township and attract employees from outside of the community
- The Township’s accessibility and attraction created by the Gerald R. Ford International Airport
“While accounting for only about 15% of the cities and townships in Michigan, the 277 communities analyzed are home to 70% of the population and 85% of the state’s commercial property,” said Tim Davis, the College of Business’ assistant dean for student engagement and success. “By analyzing these high-performing communities, our goal is to showcase what cities and townships are doing to spur growth and how we can continue to support their efforts in developing business and encouraging entrepreneurs.”
Cascade Township was recognized for its economic efforts during the Executive Speaker Series panel discussion at UM-Dearborn. This series focused on changes in the business climate and future trends.
About Cascade Township
Home to more than 18,000 residents, Cascade Township is committed to serving the public by providing the finest community services possible with respect, efficiency and integrity. With the Thornapple River at its heart, Cascade Township is recognized as an excellent place to live, work, play and raise a family. For more information, visit
http://www.cascadetwp.com/.
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