Business Leaders for Michigan and the College for Creative Studies have hired Olga Stella as the new executive director for the Detroit Creative Corridor Center. Stella currently serves as the COO of the Detroit Economic Growth Corp and will begin her new duties in January.
Stella, of Detroit, will be responsible for continuing DC3’s mission of creating a dense core district in Detroit capable of attracting and retaining talent, increasing the presence of creative industries and improving the city’s image both internally and externally.
In nearly 10 years at the DEGC, Stella has built teams, studied economic clusters, developed award-winning programs, led reorganization efforts, championed policy initiatives, and raised $29 million in federal, state and philanthropic resources. Stella has worked through multiple mayoral administrations, the municipal bankruptcy, and other political and economic changes.
Her direct efforts have generated over $300 million in private sector investment in the city. Additionally, she created and oversaw DEGC’s $2.5 million Creative Corridor Incentive Fund, which helped generate over $50 million in investment in the corridor.
She earned her Bachelor of Science in economics and political science and her master’s in public policy from the University of Michigan.