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.
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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 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.
Posted inJobs & Economic Development
Detroiters hear new downtown development plans, ask what’s in it for us?
Developers pitched the latest vision for the “District Detroit,” an evolution of an early plan to build on surface lots and restore aging buildings around downtown sports venues.
Posted inJobs & Economic Development
Opinion: Business tax cuts are costly in Detroit. Are they worth it?
Citizens Research Council gives an analysis of the cost of foregoing property tax revenue to spur economic growth in Detroit.
Posted inCivic and Community Information
One Detroit – Michigan Primary Election Results, Hudson’s Tax Break, MRCC Training Center
The hotly contested 2022 Michigan primary election wrapped up Aug. 2 at 8 p.m., with voters deciding which Republican candidate for governor will be on the ballot come November
Posted inCivic and Community Information
Detroit OKs $25M tax break to clean up contaminated Fisher Body Plant
Developers want to save the old factory from being demolished by building housing units and retail space supported with tax incentives.
Posted inHousing
Council approves $69M in ARPA contracts for housing, parks and demolition
A batch of contracts gained nearly unanimous approval and most, with Detroit’s council waiving its right to reconsideration, which sends them directly to the mayor to sign this week.
Posted inCivic and Community Information
Detroit council approves $60M Hudson’s tax break
The City Council narrowly agreed to give Bedrock a tax cut after the firm committed to additional community benefits.
Posted inCivic and Community Information
Council leader wants firm commitments from Bedrock for Hudson’s tax break
For the third time, a vote on a $60 million tax break for the massive development in downtown Detroit has been postponed. This time, indefinitely.