The WA3 works with member businesses and communities to enhance economic development and sustain Woodward’s business districts. We offer resources and workshops to keep our members informed and aware of current opportunities that may benefit them.
In recent years, billions of dollars have been invested in Woodward Avenue. Recognizing the significance of the America’s Byways™ designation, more and more developers, corporations and businesses are realizing Woodward’s potential as a business location.
Facts & Figures
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$1.5 billion in private development and investment has occurred along Woodward since 2003 – in projects for commercial, residential and institutional uses.*
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An estimated $58 million is under construction or in advanced planning for completion by 2007.*
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140,000 people live along the corridor, with an average household income that is higher than the state average.
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More than $90 million in residential development is under construction or has recently been completed along Woodward.*
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Woodward is home to Fortune 500 companies, financial institutions and world headquarters, including Compuware, General Motors and many emerging high-tech firms.
* These figures are based on numbers collected for the WA3’s 2005 Woodward Investment Summary.
Working together with businesses and communities, we can collaborate to help Woodward realize its earning power!
“Byway for Your Business” brochure – Summer 2005 – This fold-out brochure lists Woodward’s demographics and facts about the corridor itself. It includes information on tourism potential, housing and quality of life, as well as a listing of key resources in each Woodward community. Contact the WA3 if you would like to receive FREE hard copies of this piece.“Woodward Avenue Investment” brochure – Summer 2005 – This piece features several major developments recently completed or near completion on Woodward. It showcases over $350 million that have been invested in Woodward. Contact the WA3 to receive FREE hard copies.