The new District Detroit proposal has many people questioning if this is necessary for the city. The project’s subsidy requests $1.5 billion for development incentives in downtown Detroit. The money they are seeking needs to be approved by the state and city before developers can begin.
On February 9, 2023, the authority can vote on whether this should be approved. What’s different about this time than when the project was proposed in 2017? Are there other developments the money can help assist in Detroit?
“The idea is by subsidizing these projects, you create value that would not be there and the city will ultimately benefit over the long term.” — Malachi Barrett, reporter
Listen: Will The District Detroit have significant benefits for the city?
Malachi Barrett is a reporter for Bridge Detroit covering city hall. He says there will be a large number of job opportunities due to the proposal.
“We will see the conversation really hinge on job creation,” Barrett says. “Development is supposed to create just under 6,000 [jobs] with incomes ranging just under $95,000 a year.”