District Detroit is getting more incentives than you think

April 10, 2023

BridgeDetroit: District Detroit is getting more incentives than you think 

A District Detroit project site at 2205 Cass. The overall project calls for the construction or redevelopment of 10 buildings. (Photo by Quinn Banks)
Source: Quinn Banks / BridgeDetroit

“Since the Ilitch organization first unveiled its ambitious “District Detroit” plans in 2012, the project has generated controversy over the level of taxpayer incentives requested by the billionaire family and its partners to help fund it.

The latest vision for the district is drawing even more criticism over an additional $800 million in subsidies, but a BridgeDetroit analysis of the project finds that figure is only part of the picture.

The total value of all state and local incentives – including tax breaks, land deals and elimination of taxes – for each District Detroit building would soar to an estimated $1.8 billion if the project’s latest set of proposed plans with Stephen Ross’ Related Companies are approved by the state and it is completed as envisioned.”

BridgeDetroit compiled a wide-ranging analysis of what one of some Detroit’s most powerful, wealthy families and developers has gotten in public subsidies since 2012 for their “District Detroit.”

Read the full story at BridgeDetroit.