Look around downtown Lansing and you'll see signs of a revitalization in progress.
Four of the the city's 14 economic development projects started in 2010 are on Washington Square. They're small things, like new signs for Zoup and Geno's Pizzeria, to large things like a $32 million renovation of the Knapp's Centre. Those 14 projects add up to more than 250 million in investment and 890 new jobs for the city of Lansing according to a report released by the Lansing Economic Development Corporation.
"We have dug in. We have redoubled our efforts and we're getting results and investment," said Lansing Mayor Virg Bernero. "We know that we're leading the state in growth."
640 of the jobs are coming from GM's planned expansion of its Grand River Plant meaning most of these are jobs on the way... not necessarily here yet. But Bob Trezise, president of the Lansing Economic Development Corporation sees it as a good sign.
"We've completely validated lansing as an economic development powerhouse for the state of Michigan," said Trezise.
The report comes after the city announced Monday that it's projecting a $15 million budget deficit for the 2012 fiscal year. But Bernero says it could have been a lot worse without numbers like these.
"Right now our deficit problem would be maybe three times worse than it is," said Trezise. "It's not as bad as a lot of other cities."