Our holiday tradition has been saved by a group of Grand Rapids business leaders!

The large Christmas tree next to Rosa Parks Circle (which as of yesterday wasn't going to happen this year) will be coming back. 

Over 40 businesses have donated $1,000 each to cover the costs of the GRAM purchasing new lights for the tree.

According to FOX-17, the "Save the Christmas Tree" effort was led by downtown developer Charlie Secchia and attorney John Inhulsen.

After this year's scare, officials are working to set up a fun with Downtown Grand Rapids, Inc. to insure that the tree will be back for years to come.

Tuesday, the GRAM said that they would need $50,000 to replace the 50,000 LED lights on the tree, and that they didn't have the budget to make it happen this year.