What is the potential economic impact of the Aerotropolis?
Jones Lang LaSalle completed an economic impact study as part of its comprehensive strategic development plan for the Detroit Region Aerotropolis. The analysis indicates that with the proper business attraction effort, after 25 years of construction, the Detroit Region Aerotropolis has the potential to bring in 64,000 additional jobs to the region with wages of $3.8 billion per year and more than $10 billion of additional annual economic activity upon full build out of thirteen primary development sites. If this job potential is reached, the Aerotropolis would employ 20,000 more people than those who work today in Research Triangle Park, North Carolina. The Aerotropolis is also projected to have a significant fiscal impact at the State, County and Local levels. Additional annual tax revenues are estimated at $30 million from the Michigan Business Tax and $67 million from the Michigan personal income tax. Property tax revenue is estimated at $74 million annually for municipal, county, l
