District Detroit is seeking $800 million worth of public subsidies. Billionaires like Ilitch Holdings and Stephan Ross shouldn’t be receiving corporate welfare tax abatements from one of the most impoverished U.S. cities.
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Posted inJobs & Economic Development
Q&A: Ilitch-Ross developers talk District Detroit jobs, housing, tax breaks
BridgeDetroit asks developers who will benefit from a group of publicly-supported downtown projects.
Posted inJobs & Economic Development
Council questions remain as District Detroit closes in on tax break approval
Detroit council committee advances $750 million in tax abatements for downtown projects. Some say stronger guarantees are still in order, others warn delays can kill deals.
Posted inJobs & Economic Development
Detroit council vows ‘deep dive’ into District Detroit subsidies
A request for $616 million in public subsidies for District Detroit has made its way to the council table, kicking off what will likely be a heated debate over who benefits.
Posted inJobs & Economic Development
‘Transformational’ or ‘hostile?’ District Detroit benefits deal advances
Neighborhood advisory council approves benefits deal negotiated with District Detroit developers, setting the stage for debates on public subsidies.
Posted inJobs & Economic Development
District Detroit offers ‘largest ever’ benefits deal. Some doubt the math.
A massive $1.5 billion development project in downtown Detroit is moving forward amid concerns about how community benefits are being evaluated.
Posted inJobs & Economic Development
District Detroit negotiations explore price tag of community benefits
Early negotiations between the resident advisory council, developers and mayor’s office provide a window into the divide of how community benefits are viewed.
Posted inJobs & Economic Development
District Detroit developers want half of cost covered by public financing
Developers behind a slate of projects totaling $1.5 billion are looking for $797 million in public funding to get it done.
Posted inHousing
District Detroit project to get first loan from new fund
Detroit Mayor Mike Duggan unveils a new financing tool for developers to build more affordable housing in downtown Detroit.
Posted inCivic and Community Information
See who will represent residents on the District Detroit advisory council
Three developers are part of the group responsible for negotiating a community benefits deal for residents impacted by the massive project north of Detroit’s downtown.