Comments get fiery at hearing over $3B New Center development in Detroit
At issue is a $232M Transformational Brownfield tax capture developers say they need to finance the project near Henry Ford Hospital in Detroit.
Source: yahoo.com
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Community Benefits deal for $3B New Center development moves forward
A neighborhood group voted 6-2 in favor of the deal that includes scholarships even though the deal fell short of the group's initial request.
Source: yahoo.com
With U-M innovation center construction near, no date is set for $1.5B District Detroit
The District Detroit collaboration is falling further behind schedule as Wayne County waits for negotiations to resume for a needed land purchase.
Source: yahoo.com
Proposed New Center housing, research center seek $273M in incentives
The incentives would go toward plans to build 662 units of mixed-income housing and a new medical research center near Henry Ford hospital in Detroit.
Source: yahoo.com
New Michigan law significantly expands economic incentives available for housing development and increases availability of transformational Brownfield projects
On July 18, 2023, Governor Whitmer signed into law Public Act 90 of 2023, an amendment to the Brownfield Redevelopment Financing Act (Act 381)…
Source: lexology.com