Detroit is a city with a rich history, and in recent years it has gone through a major transformation. Once known as a hub for the automotive industry, Detroit is now home to many up-and-coming businesses. Here are the top 5 Detroit business news stories you need to know today.
1. Detroit start-ups are on the rise
In recent years the Detroit economy has seen a surge in start-ups. Many of these start-ups are focusing on creating innovative products and services that are transforming the local economy. Start-ups such as StockX, Benzinga, and LevelEleven are just a few examples of the many businesses that are putting Detroit on the map.
2. Vision Institute of Michigan
A new medical facility has opened in Detroit, that is sure to make waves in the ophthalmology community. The Vision Institute of Michigan is a state-of-the-art facility that provides patients with world-class eye care services. With a team of experts and top-of-the-line equipment, the vision institute is sure to become a leading center for eye care in the region.
3. Quicken Loans is making moves
Quicken Loans, a mortgage lending company based in Detroit, is expanding its operations. Quicken Loans has announced that it will be opening a new technology center in downtown Detroit, which will create more jobs for the local community. Additionally, the company has partnered with the city of Detroit to launch a new program aimed at helping entrepreneurs grow their businesses in the city.
4. Detroit’s fashion scene is on the rise
Detroit has always had a vibrant music and arts culture, and now the city is beginning to establish itself as a fashion destination. Designers such as Tracy Reese and Kevan Hall have put Detroit on the fashion map with their innovative designs. Moreover, local boutiques and retailers are bringing in new merchandise and collections to keep Detroit fashion-forward.
5. MGM Grand Casino Detroit
MGM Grand Detroit is one of the city’s leading resorts and entertainment destinations. The casino recently underwent a major renovation, unveiled in August 2018, which added a new sports betting area to the property. Additionally, the resort features a state-of-the-art convention center that attracts many business travelers to the city.
In conclusion, Detroit is experiencing a wave of growth and innovation in business. With a booming start-up scene, world-class medical facilities, expanding operations of established companies, ever-evolving fashion and entertainment options, and a thriving gaming industry, Detroit sets itself apart as a cutting-edge city for business and leisure.
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