Wouldn't it be great to have a full machine shop at your disposal, with dozens of industrial tools also at your disposal, and all you have to do is contribute to the upkeep?
I think much of what makes a Cool City is what you can do there with others who are like minded. Traverse City has the Broke Spoke bicycle repair cooperative which is an amazing idea.
I imagine having an industrial machine toy shop would further encourage the movement of the creative class to Traverse City.