Highlighting Economic Development in Novi

August 2023

Organic Coffees & Teas from Around the World in the Heart of Novi

Located near Grand River and Meadowbrook Road, Joe's offers a unique variety of authentic and international coffee blends, as well as a host of CBD health products.

Do you want to be featured on Business Avenue? Email us at [email protected].

Novi News

There is a reason why people and businesses from all over the world find their way to Novi - the 32-square-mile gem in Southeast Michigan is buzzing with activity. 

With one of the lowest property tax rates in Michigan, Novi presents a competitive platform for attracting and retaining companies. In 2022, the City’s taxable value reached $4.5 billion, defining Novi as one of Oakland County’s top cities based on taxable value. Its balanced tax base and low debt allow it to remain at the forefront of evolving technology and services, including a top-performing, accredited police department and park system.

To learn more about business in Novi, view the 2022 Economic Development Annual Report.

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Asahi Kasei America, Inc. expands operations with a state-of-the-art Novi office to strengthen it's automotive industry presence.

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We had a great time at the VTM Michigan conference meeting vehicle makers and suppliers from around the world last month, and we were honored to host them at a pre-conference and evening of networking at Twelve Mile Crossing at Fountain Walk during Street Sounds!

Business Resources

Join Oakland Drive for an exciting opportunity to dive into the vibrant small business community on Aug. 24 from 4-6 pm! The Fish Tank event is designed to bring together established entrepreneurs, business owners, side hustlers, and partners for a unique "show and tell" experience.

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Meijer invites Michigan food and beverage businesses interested in learning how to become a vendor to its Market Format stores to a first-of-its-kind event providing comprehensive resources to educate and prepare suppliers for grocery/retail opportunities for the Stairway to Success Summit on Sept. 19 from 8 am - 4 pm.

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Recent Ribbon Cuttings & Grand Openings

We were fortunate to welcome three new companies to Novi last month!

Backology opened its doors to help the community build a strong and pain-free spine, Bright Behavior Therapy opened its fourth location to help children, teens, and young adults with ABA Therapy for autism, and Beck Eyecare is here for all of your primary care eye services needs.

Congratulations to all of our new businesses!

Upcoming Events & Important Dates

Taco Fest

Aug. 25-27

Twelve Mile Crossing at Fountain Walk

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The Battery Show

Sept. 12-14

Suburban Collection Showplace

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No.VI Dinner Tour

Novi Chamber of Commerce

Aug.15 from 5-11 pm

Hyatt Place Novi

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For more information about doing business in Novi, visit cityofnovi.org.

Mike McCready, Economic Development Director - 248.347.0580


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