More details emerge for $1.5B District Detroit buildout and incentives
The District Detroit project's biggest subsidy request for $616 million is gradually moving toward a possible City Council vote in March.
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The District Detroit project's biggest subsidy request for $616 million is gradually moving toward a possible City Council vote in March.
The benefits package includes nearly $12 million in new direct spending, including money for apprenticeships and Cass Tech's football field.
The program allows for developers who meet certain project cost thresholds — in Detroit's case, $500 million at a minimum — to apply to capture various state taxes, some short term and some long term.
The District Detroit project's biggest subsidy request for $616 million is gradually moving toward a possible City Council vote in March.
The District Detroit project's biggest subsidy request for $616 million is gradually moving toward a possible City Council vote in March.