Downtown reigned as the City's primary commercial district until development of the M-24 corridor exploded in the 1960's and 1970's. Growth of the automotive industry in neighboring communities of Pontiac and Flint, and later the completion of Interstate 69 changed the character of Lapeer's population from an agricultural-based community to a community of a growing number of commuters. The changes in Lapeer during the 1960's and 1970's left the downtown businesses struggling for survival. However, the businesses in the downtown district continued to struggle. In 1982, the Lapeer City Commission created the Downtown Development Authority whose mission is to prevent deterioration within the Central Business District, promote economic growth, encourage historic preservation and establish an identity for the City based on the unique qualities of the historic town center.
Downtown continues to offer casual or fine dining, great coffee and unique shopping.