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Troy Real Estate & Economic Development Department

500 W. Big Beaver Road
Troy, MI 48084
248.524.3330
Mark Miller, Acting Assistant City Manager/Economic Development Services
MillerMF@troymi.gov
www.troymi.gov

Troy's Real Estate & Economic Development Department serves as a resource to businesses looking to relocate to or expand within the City. The department advises organizations on available federal, state and local assistance tools including site location, tax incentives, financing, and work force and business development. It also informs businesses about the procedures and steps required to obtain approvals for expansion or relocation projects and provides assistance to businesses throughout that process. Troy is proud of its diverse business community, and the Real Estate & Economic Development Department is available to assist all businesses — large and small — with their growth and expansion needs.

Troy Brownfield Redevelopment Authority

500 W. Big Beaver Road
Troy MI 48084
248.524.3330
Brownfield Redevelopment Authority Brochure

In an effort to promote smart growth, the Troy City Council established the Brownfield Redevelopment Authority. The Brownfield Redevelopment Authority encourages redevelopment of environmentally contaminated property by providing tax increment financing for the reimbursement of eligible cleanup and redevelopment costs. The redevelopment authority also has a revolving loan program that offers special brownfield projects upfront financing to cover cleanup costs. The entire City is included in the Brownfield Zone, giving greater flexibility in helping redevelop eligible sites. Troy's most successful projects include the redevelopment of the old Ford Tractor Plant and the former Stanley Door Facility.

Troy Downtown Development Authority

500 W. Big Beaver Road
Troy MI 48084
248.524.3330
www.troymi.gov/EconomicDevelopment/DDA

The Troy Downtown Development Authority (TDDA) is a 13-member committee appointed by the Mayor and Council for four-year terms. The TDDA engages in longrange planning to sustain long-term economic viability for Troy's premier office and retail corridor — Big Beaver Road from west of Coolidge Highway to Rochester Road. To encourage economic development and redevelopment of the district, the TDDA uses tax increment financing from the district to invest in public infrastructure and other improvements to carry out the TDDA's objectives. Most recently, the TDDA commissioned the Big Beaver Corridor Study. This analysis looked at a variety of concepts, including long-term economic viability, transportation management, urban design aesthetics and public experience of the corridor.

Local Development Financing Authority (LDFA)

500 W. Big Beaver Road
Troy, MI 48084
248.524.3330
Mark Miller, Acting Assistant City Manager/Economic Development Services
MillerMF@troymi.gov
Local Development Financing Authority Budget
www.troymi.gov

The Local Development Finance Authority's primary objectives are to encourage local development; to prevent conditions of unemployment; and to promote economic growth; to provide for the establishment of local development finance authorities and to prescribe their powers and duties; to provide for the creation of a board to govern an authority and to prescribe its powers and duties; to provide for the creation and implementation of development plans; to authorize the acquisition and disposal of interests in real and personal property; to permit the issuance of bonds and other evidences of indebtedness by an authority; to prescribe powers and duties of certain public entities and state officers and agencies; to reimburse authorities for certain losses of tax increment revenues; and to authorize and permit the use of tax increment financing.

City of Troy Planning Department

500 W. Big Beaver Road
Troy, MI 48084
248.524.3364
Brent Savidant, Planning Director
savidantb@troymi.gov
www.troymi.gov/Planning

The mission of the Planning Department is creation and implementation of the City's plans for development and redevelopment. The Planning Department is responsible for administering and implementing the Future Land Use Plan and the Zoning Ordinance. The Planning Department provides support and recommendations to the City Council and Planning Commission to assist each in making decisions regarding land uses and development proposals.

Automation Alley Technology Park

2675 Bellingham
Troy, MI 48083
248.457.3200
Resource Center
800.427.5100
info@automationalley.com
www.automationalley.com

Formed by Oakland County in 1997, Automation Alley is one of the leading technology clusters in the United States. The consortium has more than 700 members representing technology-driven companies, educational institutions, and governments, including the City of Troy, to strengthen southeast Michigan's economy.

Automation Alley unifies a multi-disciplined group of technology, academia, manufacturing, engineering, production, and research and development leaders to create new business opportunities and to work with startup ventures. It serves as a provider of products and services that inspire and spotlight the technological excellence and diversity of the economy. Businesses may use a variety of programs that focus on technology acceleration, business assistance and attraction, and exporting.

In April 2004, with assistance from the LDFA, Automation Alley opened the doors to its headquarters in Troy. The headquarters not only consolidates the organization's numerous services, but also houses the Technology Center, which assists with limited pre-seed and commercialization funding, supports business plan and strategy development, and offers a powerful network of experts and mentors. The headquarters also acts as a platform to display Automation Alley as southeast Michigan's premier technology cluster through the planning of events like technology shows, demonstrations, exhibitions and networking mixers.

Automation Alley's International Business Center helps small and mid-sized companies sell their products and services abroad. It also organizes and sponsors trade missions, and provides assistance to companies interested in relocating to southeast Michigan. The center has established agreements with the University of Michigan, Oakland University, Wayne State University and Walsh College, which has a campus in Troy. The colleges provide research assistance free to member companies interested in exporting opportunities. Potential projects include market analysis and cultural reports for areas in which a company may consider new business initiatives.

Oakland County Planning & Economic Development Services

2100 Pontiac Lake Road, Building 41 West
Waterford, MI 48328
248.858.0720
www.oakgov.com/peds
www.oakgov.com/peds/initiatives/technologyplanningtoolkit

The Oakland County Planning & Economic Development Services offers a comprehensive menu of community planning and economic development services. Regularly requested services include maps and aerial photography, market research data, small business assistance, community planning and export and financial assistance. The Business Finance Corp., which falls under the umbrella of planning and development services, provides businesses with access to loan programs designed specifically for expanding companies and organizations. The Export Assistance Center's team of international business experts works with Oakland County companies that seek to be competitive in today's global market, while the Information Services Division has an extensive collection of demographic and market data, aerial photography and customized maps. The community assistance team helps with projects to enhance the quality of life in the county's communities. The Small Business Center helps business owners build on their successes and plan for the future. The marketing and research team complements the Small Business Center's efforts by analyzing and synthesizing data and information for easy and value-added use by its customers.

Michigan Economic Development Corp. (MEDC)

300 N. Washington Square
Lansing, MI 48913
517.373.9808
www.michiganadvantage.org

The MEDC is a partnership between the state and local communities that work together to promote smart economic growth by developing strategies and providing services to retain good jobs and a high quality of life.

Michigan Small Business & Technology Development Center (MI-SBTDC)

510 W. Fulton Street
Grand Rapids, MI 49504
616.331.7480
www.misbtdc.org

The Michigan Small Business & Technology Development Center enhances Michigan's economic well-being by providing counseling, training, research and advocacy to new ventures, existing businesses and innovative technology companies. With offices statewide, the center positively impacts the economy by strengthening existing companies, creating new jobs, retaining existing jobs and assisting companies in defining their path to success. Many of their services are free of charge due to a cooperative agreement with the U.S. Small Business Administration.

Michigan Suburbs Alliance

300 E. Nine Mile Rd.
Ferndale, MI 48220
248.546.2380
www.michigansuburbsalliance.org

The Michigan Suburbs Alliance unites and strengthens metropolitan Detroit's mature suburbs by elevating regional cooperation, reforming public policies, and innovating redevelopment strategies.Pursuing a future where communities share economic, environmental and social success, the Michigan Suburbs Alliance envisions metropolitan centers that preserve the unique character of individual communities while striving toward a unified and equitable region where the citizens are empowered as an effective regional force.

Michigan Downtown Association

108 West Saginaw Street
St. Louis, MI 48880
989.681.3017
www.michigandowntowns.com

The Michigan Downtown Association was formed to encourage good development, redevelopment and improvement of communities throughout the State of Michigan, with special emphasis on downtown areas within the State. Goals for MDA include to educate its members, the general public, State legislators and other public officials about the best tools for the improvement of communities, to work cooperatively with other statewide agencies to further downtown development, to perform studies on the effectiveness of revitalization efforts, and more.

Troy Chamber of Commerce

4555 Investment Drive
Suite 300
Troy, MI 48083
248.641.8151
Fax: 248.641.0545
www.troychamber.com

The Troy Chamber of Commerce promotes an environment that builds successful businesses and a thriving community. The Chamber provides leadership through service and regional collaboration and champions integrity, diversity, innovation and sustainability. The Troy Chamber membership includes nearly 800 area businesses.