A New Strategy for Economic Integration
Detroit Mayor Mary Sheffield announced on Wednesday, September 2, 2026, the appointment of Olga Stella as the new chief overseeing the city’s economic development and workforce initiatives. The role, which carries an annual salary of $225,000, places Stella in charge of five key municipal departments: Economic Development, Planning and Development, Housing and Revitalization, the Office of Small Business Affairs, and the Civil Rights, Inclusion and Opportunity office.
Speaking at a press conference at the Huntington Place roof deck, Mayor Sheffield emphasized that while the city has seen progress in economic growth and diversification, it is now time to ensure that development extends beyond core districts into all neighborhoods. “Economic development is about people,” Sheffield stated, noting that the objective is to improve access to high-paying jobs for residents and provide necessary resources for local entrepreneurs.
This report draws on information published by freep.com.
Aligning City Agencies
Stella’s primary mandate is to break down existing silos between municipal departments and partner agencies to create a unified strategy. She will coordinate efforts with the Detroit Economic Growth Corporation, the Detroit Land Bank Authority, the Detroit Housing Commission, and the Detroit Employment Solutions Corporation. According to the Mayor, this integration is essential for fostering a business-friendly environment that supports both existing industries and new investments.
Stella brings extensive local experience to the position. She previously served as vice president of strategy and communication at the College for Creative Studies and has a long history in Detroit’s public sector, including a tenure as chief operating officer at the Detroit Economic Growth Corporation. During her previous work, she was instrumental in launching programs such as Motor City Match and the Green Grocer initiative. She also served as chief of staff to former State Rep. Steve Tobocman.
Focus on Sustainable Growth
Stella outlined a vision that balances aggressive competition for major employers with the retention and support of established local business anchors, particularly in the life sciences, financial technology, and creative sectors. She highlighted the importance of workforce training and education, noting that her office will focus on ensuring Detroiters are equipped with the skills needed to fill the jobs created by the city’s growth.
“We’re going to keep building the businesses and the industries that are already here,” Stella said. Her approach aims to improve the city’s physical and economic landscape, including the development of affordable, high-quality housing and walkable commercial corridors, which she believes are vital for long-term urban vitality.