Oakland County's Medical Main Street made strides over its first year of existence by bringing in 250 life science jobs and nearly $10 million in new investment.
Excerpt:
"We are thrilled at the progress we've made," said Oakland County
Executive L. Brooks Patterson. "Businesses relocate and expand in
Oakland County because we have the skilled and educated work force,
world-class universities, affordable real estate and attractive
financial incentives to help companies thrive. Our business development
representatives travel the world selling the benefits of locating in one
of the premier business addresses in North America."
Patterson created Medical Main Street 18 months ago to capitalize on
the county's burgeoning life science industry, which includes 93,000
health care and life science jobs and more than 4,300 life science and
medical facilities. The county is projected to add 45,000 health care
and life science jobs in the next 10 years, according to a study
conducted by the Anderson Economic Group. There are nearly 4,900 active
clinical trials throughout Oakland County and the state - more than
California, Florida, Texas and New Jersey.
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