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M1 Rail Project

MEDC 2

MEDC Approves Aid For Projects Totaling $133.6M Investment, 406 Jobs

The Michigan Economic Development Corp. announced Michigan Strategic Fund approval of economic development and community revitalization projects that in total will generate $133.6 million in new capital investment and create 406 new jobs in Michigan. Included is support for Detroit’s M1 Rail project, a replacement for Joe Louis Arena and a new half-billion-dollar atom smasher at Michigan State University.

WWJ Newsradio 950–03/25/2014