The city of Oak Park has been making its way through the offices of the Michigan Economic Development Corporation recently, with not one but two big announcements to come out of the state’s business development and marketing arm.
First, it was recently announced that electric vehicle manufacturer Bordrin Motor Corporation will be opening a new research and development center in the city. The Chinese company has four locations worldwide.
The Oak Park location will serve as Bordrin’s new North American headquarters. The development is expected to create 62 jobs and generate a total capital investment of $3.4 million. As a result, the MEDC has approved a $496,000 Michigan Business Development Program performance-based grant for the company.
“I’m excited Bordrin Automotive is expanding its high-tech presence in Oak Park,” Oakland County Executive L. Brooks Patterson said in a statement. “Much of the innovation and development of the electric vehicle happens in Oakland County and Bordrin is a key player in that global market.
“They are an important part of our international business community and join other Chinese companies who have chosen to make their North American homes in Oakland County.”
That’s not all. It was also recently announced that the city of Oak Park has been certified as a Redevelopment Ready Community. According to the MEDC website, becoming a Redevelopment Ready Community formally recognizes that a city has both a vision for its future and a plan for how to get there. It demonstrates to the outside world that the community is worthy of private investment.
“Like a handful of other inner-ring suburbs, Oak Park is experiencing a revitalization, in part, because of our commitment to planning, pro-active zoning and community engagement,” says Oak Park Mayor Marian McClellan.
“The best practices provided through the Redevelopment Ready Communities program have promoted economic development and renewed interest in our community as a great place for investment, and an exciting place for families to grow.”