The Planning, Building & Development Department works to support economic growth in East Lansing. Through innovative programs, new economy initiatives and close collaboration with developers and entrepreneurs, East Lansing has become a destination for corporations, organizations and entrepreneurs to start and expand their operations.
Recent investment in the City of East Lansing has included redevelopment projects in the downtown and in other commercial nodes, such as Trowbridge and Lake Lansing roads. The City is home to a growing office district in its Northern Tier, paving the way for the successful opening and/or expansion of several financial institutions. Especially significant, East Lansing is looking ahead toward the opening of the Facility for Rare Isotope Beams (FRIB). The FRIB is a national user facility of the US Department of Energy, which will provide research opportunities for approximately 1,000 scientists and researchers, and will result in nearly $1 billion in economic activity in the region (construction is expected to be complete in 2022). In addition, a number of cultural assets contribute significantly to the local economy, including the recently opened Eli and Edythe Broad Art Museumon the MSU campus.
East Lansing has received numerous accolades, including being named one of the 10 "Best College Towns to Start a Business" by Entrepreneur magazine, a Five Star Community for its work to foster entrepreneurial growth and the "Ten Happiest Small Places in America" by Movoto. In addition, East Lansing was ranked eighth on the U.S. Census' list of most walkable small cities between the years of 2008 and 2012.