In an effort to create a productive and efficient ecosystem that allows for successful cannabis operations, Emerald Business Park’s development has directly addressed many issues faced by tenants:
- Located in Warren, the heart of Metro-Detroit, near all major cities and freeways, in a cannabis friendly zone with no quantified limitation on cannabis licenses
- State of the art building improvements valued at over $100,000,000+, including brand new roofing, parking lot, and utility infrastructure lines for electricity, water, sewer, fire suppression, and security systems
- Pre-approved and licensed the property for zoning, significantly advancing the approval process for cannabis license applications
- Various sized suites between 10,000 and 45,000 square feet, separated by fire-rated walls with individual entrances and exits, to suit specific business plans and production outputs
- Dedicated 15-megawatt electrical substation newly constructed by DTE Energy for the sole electrical supply of Emerald Business Park’s tenants
- Multi-tenant park to promote and collaborate business opportunities between companies, and for the efficient and lawful exchange of products and services between licenses, including manufacturing, testing, transporting, and distribution.
- Rigorous vetting process for prospective tenants prior to leasing
- Standardized assistance and support for tenant’s building permits, and municipal and state cannabis licensing applications
Powering the Park
One of the more general challenges in operating cannabis facilities is finding sufficient and consistent power supply to support the operation’s business plans and production. Lack of sufficient power has caused potential operators to either significantly downsize their original plans or opt out of the industry, as the investment in real estate, equipment, licensing, and time would not support a downsized operation. These bottlenecks have caused detrimental supply chain issues, along with unbalanced supply and demand, thereby preventing the Michigan cannabis market from thriving.
The development of Emerald Business Park directly addressed these operational barriers by working exclusively with DTE Energy to construct a 15-megawatt electrical substation on the property. The substation is dedicated to Emerald Business Park’s site, and its power supply is for the sole and exclusive use of the property.
Located in the Heart of Metro Detroit
Warren is the third largest city by population in Michigan, and Metro-Detroit’s largest suburb. It is an ideal location for manufacturers, transporters, and testing facilities alike, due to its proximity to major freeways and cities across SE Michigan.
Furthermore, the City of Warren is friendly to cutting edge industries and real estate development, hence its approval and support of cannabis businesses in its jurisdiction. There is no cap on licenses provided that properties meet the zoning requirements, which Emerald Business Park has already vetted.