Happy New Year Brokers and Site Selectors:

I welcome you to our review our bi-annual site selector update. Michigan City Indiana continues to perform well above all expectations and 2019 was no exception. A city of 31,000 residents located at the southern tip of Lake Michigan an hour east of Chicago via I-94, we saw over $1.5 million worth of capital investments and a diversity of projects from mixed use projects, multi-family mid-rise to manufacturing.

With programs in the K-12 system such as Coding, Energy Academy, Construction School and the award winning Compress Air Academy, Michigan City is not only creating successful business education partnerships but also building the pipeline for our future workforce.

A small rustic Midwest town that has undergone tremendous economic transformation, we have seen over $1.5 billion invested in public and private projects in the past 8 years. Unprecedented!

Please review the highlights from our 2019 economic development report below. I encourage you to consider Michigan City as a contender for your next project – we are ready and waiting for you.


Clarence L. Hulse
Executive Director
ECONOMIC DEVELOPMENT NEWS
426 Acres of Land Annexed into Michigan City

In December, the City Council voted to unanimously approve the volunteer annexation of land owned by Oehmstead Co., Green Acres, Pioneer Lumber, MHP 1, LLC; Illinois Indiana Development Co. and Cemetery Regents of the City of Michigan City, Indiana.

Michigan City Mayor Ron Meer said, "As the Mayor, I believe it is paramount that our goal is to make Michigan CIty, and in this particular case, this property, attractive and 'shovel ready' for potential investors and developers. The city engaged in a friendly annexation of this property and plans to invest in the area with water and swere infrastructure. With its ideal location and proximity to rail spur, I-94 and I-90, I believe this property provides an excellent opportunity for a manufacturer or investor to utilize and develop. Ultimately, everything we have done here is the foundation on which economic and job growth can be built to benefit our community."

For more information on the annexation, click  here  for the News-Dispatch article .
Investment in Michigan City Reaches Over $1.5 Billion

Since 2012, Michigan City has recognized over $1.5 Billion in public and private investments.
City administration has been very diligent in improving old infrastructure and investing in new infrastructure to modernize and to provide efficient services.

Over the past 8 years an estimated $47,456,000 has been spent in storm and sewer projects, $82,488,000 roads, and over $544 million in other city projects. This has laid the foundation and attracted investors who have become confident by the city investing itself.

Over the same time period, especially in the past 5 years, there has been over $1 Billion in capital investment coming from the private sector. In the last 3 years these investments have created over 638 new jobs and retained 1,914 jobs.

To view the investment maps, please click here .
Promise Scholarship

Michigan City's Promise Scholarship, a Mayor Ron Meer initiative, was named one of the "Best Practices in Talent Retention Strategies" by Ady Advantage, a comprehensive and integrated economic development, site selection and marketing consulting firm.

The scholarship won the award after a Midwest Talent Strategy was conducted by the Wisconsin firm, and was recognized at the Mid American Economic Council Best Practices Conference in July. 85 communities across the Midwest submitted their initiavties, 10 were interviewed, and the toop 5 were invited to the conference to receive the award.

For more information, visit the  Promise Scholarship website .
EDCMC's New Strategic Plan

Economic Development Corporation Michigan City (EDCMC) finalized a long-term strategic economic development initiative-  An Agenda for Economic Prosperity - highlighting action items towards creating a local sustainable business environment and economic prosperity and equity for all residents following the same principles of economic inclusion.

In December 2018, EDCMC announced the organization was embarking upon a process to develop a comprehensive strategic initiative. Since then, EDCMC outlined a plan of action towards a more robust and competitive marketplace in Michigan City. The strategic plan highlights workforce development/talent attraction, placemaking, aggressive storytelling and economic modernization.

Read EDCMC's official strategic plan  here .
EDCMC releases Opportunity Zone Prospectus

With funding from the Michigan City Redevelopment Commission, Economic Development Corporation Michigan City prepared and released  Michigan City Opportunity Zone Prospectus , an investment guide that will be utilized to enable Michigan City to communicate its competitive advantages, trigger local partnerships and identify significant projects that are ready for the public, private and civic capital.

Opportunity Zones, introduced in the Tax Reform and Jobs Act of 2018, seek to encourage economic growth and investment in designated distressed communities by providing Federal income tax benefits to taxpayers who invest in business located within these zone.

Learn more about our Opportunity Zone Prospectus on our  website .
Sullair A Hitachi Group Company Ground Breaking

On a beautiful October day, Sullair broke ground on a $30 million expansion at its Michigan City, IN location. Along with adding 80,000 square feet, Sullair will be adding 30 to 40 more jobs. For more information about this major expansion, please  Read here!
Compressed Air Academy

After three years of studies, meetings and curriculum development, MCAS and EDCMC were proud to unveil the nation's first Compressed Air Academy.

Representatives from Sullair, Boss, Dekker, Sullivan Palatek, LEFCO, CompressAir were there to meet the students of the first class. For more information, please  read .

For more information on MCAS Compressed Air Academy, please click  here .
Upscale Apartments Coming to Michigan City

The former Memorial Hospital site will be home to a new 128 unit luxury apartment complex. This brings a $45 million investment to the downtown area and will include one and two-bedroom apartments, retail space, and a top floor restaurant.

Michigan City Development Partners has a goal to have the project completed by summer of 2021.

For more information, please  read  the NWI Times article.
PRIVATE INVESTMENT
WAREHOUSE/DISTRIBUTION SPACE FOR LEASE
6988 W. US-20, Michigan City, IN
Indiana Heavy Haul Truck Route - Build to Suit

SNAPSHOT
  • Building Size: 80,000 SF (Expandable)
  • Space Available: 10,000 - 120,000 SF
  • Land: 20 Acres
  • Parking: 250 Spaces (Truck Trailer); 150 Spaces (Car)
  • Clearance: 28' Clear
  • Loading Docks: 16

Beginning in 2020 the park will begin the process of becoming a Tax Increment Financing Districts (TIF).

Click  for more information.

Contact Roy Roelke from NAI Cressy for more details about this or other properties in Michigan City. Phone: 574-286-9159 Email:  rroelke@cressy.com

To learn more about other properties available in Michigan City or to have your commercial or industrial property featured in the future, please contact the EDCMC at 219-873-1211 or email  mhyland@edcmc.com .  
Economic Development Corporation Michigan City | 219.873.1211 | info@edcmc.com | www.edcmc.com