Ilitch, Ross move forward with tax breaks for $1.5B District Detroit plan
Detroit City Council approved a Transformational Brownfield Redevelopment Plan after weeks of discussions and delays.
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Detroit City Council approved a Transformational Brownfield Redevelopment Plan after weeks of discussions and delays.
By Drew Crooks Higher education has long been important in Olympia. One of the most interesting colleges that existed in the capital city was the
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.
The project calls for 10 new and rehabilitated buildings for 1.2 million square feet of office space, 695 apartments, retail spaces, and hotels.
Detroit City Council delays a vote on a massive plan for downtown that would invest over $1 billion into District Detroit.