Like many regions across the country, southwestern Michigan is preparing for the closure of a nuclear power facility, the Palisades Nuclear Power Plant.
The impact of this transition on a community can lead to reduced tax base, lost employment, reduction in services and an unused site. The Economic Growth Institute at the University of Michigan and local partners are responding to craft a new vision, strategy and plan that will lower the risk for and severity of such outcomes while driving renewal and growth after the facility’s planned closing next year.
EGI is working alongside Kinexus Group in partnership with the Southwest Michigan Planning Commission to tackle this transition. The SWMPC views the effort as an opportunity for its counties along Lake Michigan to take stock of the region’s many assets and collaborate on a plan of action.
EGI’s resources and expertise will support the community as they chart their economic future. This will include research and community engagement to drive the development of an economic recovery strategy ahead of the closure of the nuclear facility. Facilitating inclusive planning, EGI will create a blueprint for recovery.
“We are excited to be part of this partnership and really commend the local leaders in southwestern Michigan for being proactive in their planning to reduce the impacts of this plant closure on the communities and businesses,” said EGI Director Steve Wilson. “If not addressed, the region could face significant losses. We are looking forward to engaging with community stakeholders to ensure a successful strategy is defined and implemented to keep the region vibrant.”