The Craig Fahle Show

Crain's Detroit Business: Detroit Businesses to Pay for New Arena

Monday, June 24, 2013

Photo: Bill Shea of Crain's Detroit Business explains who will bear the public cost of Detroit's new Red Wings arena. According to Shea's article, the Downtown Development Authority intends to fund $284.5 million of the costs with property taxes from Downtown businesses. The construction is expected to cost $650 million.

Do you think the new development project will make for taxes dollars well spent?