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The Changing Gears team has put together a one-hour special Reinventing Our Cities.

It airs today at 2 pm eastern and 1 pm central. You can hear it on Chicago Public Radio, Michigan Radio and Cleveland's Ideastream, or, you can click this audio link to take a listen:

Here's how the team describes the one-hour special:

Foreclosure filings in Michigan fell 20% between October and November, but most of the decline came in homes in the final stages of foreclosure according to data released by Realty Trac, a group that calls itself "the nation's leading online foreclosure marketplace."

The pace of homes entering the system remained relatively unchanged.

The Blue Water Bridge has been reopened. The bridge, which links Port Huron, Michigan and Sarnia, Ontario, was shut down Monday and Tuesday to commercial traffic as crews worked to clear snow from the week's severe winter storm.

As The Associated Press reports, the bridge's closing:

...forced several General Motors Co. plants in Michigan to interrupt production and caused long delays at the Ambassador Bridge crossing between Detroit and Windsor, Ontario.

Governor Granholm signed legislation today that will allow for lucrative tax breaks for businesses that want to locate near Detroit Metro Airport.

The project is called the “aerotropolis,” and supporters say it could ultimately create tens of thousands of jobs.

Granholm said:

"I  think people can really look forward from here to see what the build-out will be around this area.

"The communities that are going to take advantage of the warehousing and the movement of goods and the logistics and the technology that’s associated with it as well," she said.

The Pure Michigan advertising campaign is getting the money it needs.   Governor Granholm today signed the legislation authorizing funds to pay for ads promoting Michigan tourism.

The Associated Press reports: 

Gov. Jennifer Granholm has as expected signed a bill that will help pay for the Pure Michigan tourism advertising campaign. The bill that Granholm announced signing Wednesday transfers $10 million to the campaign from the state's 21st Century Jobs Fund.  The addition gives Pure Michigan more than $15 million for the current fiscal and will provide enough cash to pay for a winter and spring tourism campaign. The program would have been canceled if the extra money had not been approved. Pure Michigan advocates still are pushing to raise the annual budget for the program to about $30 million.

Michigan’s Economic Development Corporation has approved tax breaks for 17 projects in the state. The incentives are supposed to help companies create nearly 3,000 total jobs.

The expansion of an automotive supplier in the Detroit suburb of Redford will likely have the biggest impact on the job market. Piston Automotive LLC will create 467 jobs – albeit only 135 of those directly. The producer of electric batteries and car chassis was considering expanding in Kentucky.

A close second in terms of creating new jobs is a company that’s expanding in Kentwood, just south of Grand Rapids. Autocam Corporation makes precision parts for transportation and medical devices. They’ll hire 200 new employees and the state estimates the project will create another 265 jobs indirectly.

Eleven of the projects will help investors redevelop blighted buildings.

The state of Michigan will soon increase assistance to redevelop old industrial sites. 

The Associated Press reports:

Redevelopment projects in Detroit, Flint, Grand Rapids, Hamtramck and Lansing are getting a boost with statetax incentives. 

Gov. Jennifer Granholm said Tuesday the projects are in line for brownfield redevelopment assistance from the state. Granholm, who leaves office at the end of this year, made the announcement at her last scheduled meeting with the Michigan Economic Growth Authority board.