Economic Development
From 2016 through 2019 the city of Inkster had 15 new businesses open up. An entirely new industry (cannabis) emerged, which has relieved some of the tax burden from our residents by increasing our business tax base, and is spurred development of new state of the art industrial facilities that our city has never seen before. The partnership between our business owners and the city has set a new standard for private public partnerships. The creation of the public safety foundation, and commitments that our businesses have made to go over and beyond to help the city provide services to its residents and businesses, is unprecedented. It's our city plan to limit the number of marijuana retail facilities, so we don't supersaturate our small market with one industry which I believe curtail economic development for other types of businesses.
In the summer of 2017 Chase Bank closed its branch in the city of Inkster. In 2019, Chemical/TCF Bank are bringing their lending products and financial education for our residents. Chemical/TCF Bank has committed to placing a mini-branch in the city of Inkster at the Booker Dozier recreation center. They are looking at the feasibility of placing a full service branch in our new downtown development. Bringing a major bank back to the city of Inkster for our residents and businesses is critical to our economic development growth.
Over the last year under the current administration, both CVS and Walgreens have closed, leaving our city without a pharmacy. The icon Corden's Chocolate also closed its doors in 2023, leaving a historic hole in our business community. The city needs competent leadership in order to attract new businesses in the city of Inkster. I have a plan to market that the city of Inkster is open for business, and increasing our commercial tax base.