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Russell continues growth, now houses 285 businesses

Model D, 6/25/2009

It might not be pretty and it might not be ideal, but the Russell Industrial Center has become home to hundreds of businesses in Detroit.

Excerpt:

Small businesses continue to flock to the Russell Industrial Center and Bazaar, making the old Rustbelt factory turned creative enclave arguably the most successful business incubator in Michigan.

Today more than 285 fledgling firms call the structure home. Six new tenants joined the complex in May, including a photographer, artist and lighting company. So far another four have signed up for space in June, including a web and graphic design firms.

The Russell Bazaar, a flea-market-style retail center, continues to attract more clients, too. Occupied by independent retailers, the Bazaar's tenants range from clothing makers to computer repair shops. With 125 businesses, it is now 70 percent full and continues to grow.

"We're seeing people coming in asking for more square footage," says Eric Novak, the Russell Industrial Center's leasing agent, adding that recent square footage requests he has seen have started at 10,000 square feet and up.

Read the rest of the story here.

Entrepreneurship , Wayne County

Detroit