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A study by a Portland-based advocacy group called Parking Reform finds that 30 percent of downtown Detroit is devoted to parking spaces, making it one of the cities with the most of what urban planners would describe as underutilized land in the country.
An analysis by Bridge reporter Tom Perkins finds tax incentives for District Detroit make up 64% of the project's cost.
No one is saying publicly the bank user Olympia and Related are targeting, but there has been behind-the-scenes chatter for months that Dallas-based Comerica Inc.
WATCH: Michigan Chronicle NEWS NOW!
(The Center Square) – The $1.5 billion District Detroit is advancing, fueled by about $800 million of taxpayer subsidies.