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Whole Lotta IncentivesBy JGillman, Section News
I like Whole Foods' program. I have great respect for the man who started as an idealistic organic sales guy with a dozen or so workers and turned the program into what could be considered a model for the American dream.
Who was it? John Mackey, The former liberal turned moderate/considered-conservative businessman who royally ticked off the administration a couple years ago with his scathing editorial on Obamacare. The editorial frankly is worth going over again. Its brilliant. In fact, I would say the man is equally so, and understands how to squish those (organic) lemons into some fine lemonade. It takes opportunity multiplied by desire for the lemonade. And maybe a little cash. Desire of course for the finest lemonade around, or at least a few good jobs, and the possibility of revivals in neighborhoods might what is driving this successful entrepreneur to look at a full blown grocery operation in Detroit. Continued Below ~
Whole Foods would like to build a new store. In Detroit. Downtown Detroit.
But what does it take for such a courageous move? Apparently, an all natural incentive, frosted by a organic credit, slathered in an unpasteurized incentive, and served with a well cultivated tax break.
At least that is what Crains reported yesterday. But according to email communications between the Michigan Economic Growth Authority and the Detroit Economic Growth Corp., the deal hinges on nearly $4.2 million in incentives. And that is what it will take to bring a respectable business to Detroit. And John Mackey gets it. And given all that, its hard to imagine it is not still a risk for the organic businessman. Its still Detroit. If what is outside doesn't get you, what is inside likely will. If I had to guess, Detroit is not yet considered completely free of corruption. Before too long the corrosive elements of politics within the city will view Mr. Mackey's operation as having advantaged from all that incentive driven goodwill a little too much. They will undoubtedly view Whole Foods as an interloper taking advantage of the city's poor condition to the point of extorting its natural resources, whatever those might be. Before long the hands of those in power will be extended for such things as political fundraisers (or else), or added "protection" by the city's finest (without radios). You know, to "make up" for the transgression of bringing the business there. Ultimately, someone will want their palm greased with purely natural coconut oil not found in the only other enterprises left; the quickee marts, and other ethnically operated businesses not receiving such financial attention. And those folks might not be so happy with the competition paid for with their taxes. (along with ours of course) Ultimately, it could be said that a 30 year brownfield does nothing directly for the city's coffers, and it should be noted that would be true. Unless of course, the seed of such an operation being established bears the fruit of new enterprises surrounding and expanding outward. Certainly MEGA grants, Federal matches, and money from a city that doesn't have it might make it a go. It Might. Until it is stopped. By the mega organically grown resources we know as Detroit politics. Good luck with that. And by the way, anyone know where I can get some dragon fruit?
Whole Lotta Incentives | 7 comments (7 topical, 0 hidden)
Whole Lotta Incentives | 7 comments (7 topical, 0 hidden)
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Related Links+ Whole Foods'+ scathing editorial on Obamacare. + + what Crains reported yesterday. + Also by JGillman |