Detroit Evening Report: City council approves incentives for $1.5B District Detroit development
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Detroit City Council members listen to public comments during a session on March 28, 2023 in Detroit, Mich.
Detroit City Council voted Tuesday to approve millions of dollars in tax breaks for the $1.5 billion District Detroit project.
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They spent much of the day listening to public comments on the proposed development. The council voted 8-1 in favor of the $616 million in incentives.
Council President Mary Sheffield was the lone vote against the tax breaks. It now heads to the state for approval.
The council also voted unanimously to approve the $167 million community benefits agreement. The development is expected to bring retail, business and housing to the area near Little Caesars Arena.
Property owners Olympia Development and Related Companies sought millions in tax breaks for a transformational brownfield redevelopment plan.
Supporters say the development will attract more people and businesses to the area. Opponents say there’s not enough in the deal for Detroit residents.
Other headlines for March 28, 2023:
- UAW bargaining convention continues this week
- Gov. Gretchen Whitmer orders flags flown half-staff in wake of Nashville school shooting
- Franchisee closing 26 Burger King locations in Metro Detroit after failed negotiations with corporate
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