The Metro: Detroit City Council to vote on Henry Ford, New Center development incentives
Detroit Free Press reporter JC Reindl joined the show on Tuesday to talk about the proposed “Future of Health” development.
Concept art of Henry Ford Health's expansion project in Detroit's New Center neighborhood.
Editor’s note: Detroit City Council voted Tuesday evening to postpone the vote on incentives for the proposed “Future of Health” New Center development by one week.
The Detroit City Council may make a decision Tuesday on incentives for the proposed “Future of Health” development in New Center.
The $3 billion project — a collaboration between Henry Ford Health, the Detroit Pistons and Michigan State University — seeks almost $300 million in tax subsidies from the city of Detroit.
Detroit Free Press reporter JC Reindl joined The Metro on Tuesday to talk about the proposed development. He says there are six major parts to the project — the largest components of which include an expansion of Henry Ford Hospital, 662 mixed-income apartments and a medical research center for Henry Ford and Michigan State University.
The project is seeking brownfield redevelopment approval. If approved, Reindl says, taxes from the project will be redirected back into the development for 30 years.
“If you’re going to be a resident and live in one of these new apartments, 50% to 100% of your state income tax would go towards the development,” he told WDET’s Nick Austin.
Most of the tax incentives would primarily go to new apartments, Reindl said. Henry Ford is a nonprofit and does not pay property taxes.
City council could approve the incentives Tuesday or they may choose to move the decision to next week. Once approved, the proposal will go to Lansing for a decision by Brownfield Redevelopment Authorities.
More headlines from The Metro on Feb. 20, 2024:
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- Detroit residents could soon have chickens, ducks and bees as neighbors. Bridge Detroit reporter Jena Brooker joined the show to discuss city council’s proposed animal-keeping ordinance.
- Bridge Detroit Engagement Director and host of the Authentically Detroit podcast Orlando Bailey joined the show to talk about the “Detroit History is Black History” panel he’s hosting from 5 to 7 p.m. Tuesday at the Industry Innovation Center.
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