How Stephen Ross got $100 million for Detroit Center for Innovation
Behind the scenes of how the Related chairman helped persuade the state to contribute 40% of the project’s estimated cost
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Behind the scenes of how the Related chairman helped persuade the state to contribute 40% of the project’s estimated cost
Ross — chairman of New York City-based developer Related Cos., and a major donor to the University of Michigan — made his pitch directly to four legislative leaders along with top members of the House and Senate budget committees.
On Thursday, the Michigan Legislature passed a $77B budget for the 2023 fiscal year that includes funding for roads, education, and more.
Michigan lawmakers have approved a $77 billion state budget that includes a $100 million earmark for the proposed Detroit Center for Innovation project.
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