TechTown welcomes first retail outlet, other new tenants:
The fine folks at TechTown, Detroit \'s only research and technology park, announced Friday that six new tenants have signed TechTown leases in the final quarter of 2005. The incoming group of entrepreneurs raises the total number of resident companies to 21. Thanks to significant business growth and foot traffic, the park\'s first retail entrepreneur has chosen to relocate to TechOne from another area in the city. The Java Exchange -- a coffee shop that serves up financial education in addition to smoothies, sweets and coffee drinks -- is slated to open to the public in February. The coffee house offers free use of desktop computers, free wireless Internet access and opportunities to learn about entrepreneurship and finance through in-store events. \"Our original plan was to expand to 40 companies in 10 years. We couldn\'t be more pleased that just 16 months after our first tenant moved in, we are more than half way toward achieving that goal,\" says Howard Bell, TechTown\'s executive director.