TL/DR –
The Lake Superior Community Partnership (LSCP) is hosting a Breakfast and Business series to discuss housing developments in Marquette County. The event, which will take place on January 26, will feature a presentation of an area target market analysis that collects data on the local housing market and future development opportunities. The LSCP CEO, Christopher Germain, stated the data would be provided to developers to demonstrate demand for more housing in the area.
Marquette County Housing Developments
Join the Lake Superior Community Partnership (LSCP) to gain insight into Marquette County housing developments. The LSCP extends an invitation to investors, developers, and residents to their Breakfast and Business series at the Marquette Ramada Inn on Jan. 26, from 7:30 to 9:30 a.m.
Target Market Analysis Presentation
The event will feature a presentation of a comprehensive area target market analysis. LSCP CEO Christopher Germain describes it as a “massive compilation of future development data for the housing market“, including buyer demographics, housing preferences, and budget capabilities.
Addressing Demand for More Housing
The data can help developers identify market demand for increased housing construction. This demand might be highlighted by Marquette’s working population data from the U.S. Census Bureau. The average commute times for residents of Negaunee and Ishpeming suggest a significant number of Marquette’s workers live outside Marquette, resulting in additional commuting costs.
Comparative Housing Market Analysis
The target market analysis includes data from cities such as Negaunee, Ishpeming, and Marquette, differing from the Michigan State Housing Plan by comparing local data with similar out-of-state housing markets. The Marquette County Land Bank Authority facilitated the project, applying for a state grant to finance the target market analysis.
Impact on the Community
Panel discussions will focus on the wide-ranging impacts of housing issues, featuring guests like Land Bank Authority Executive Director Anne Giroux, J.M. Longyear’s Alysa Arwood, and a representative from Community Action Alger-Marquette or the Central Upper Peninsula Planning & Development Regional Commission.
Germain emphasizes the importance of collective effort to address housing issues, and not to just present information.
Event Registration
Registration for the Breakfast and Business: Quarterly Breakfast Series // Q1 Housing event, including ticket prices, is available on the LSCP’s website.
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