Correct. But downtown is a small part of Detroit, and those properties were given huge tax incentives so they generate very little income for the city.
Mike Ilitch and Dan Gilbert have done amazing things in a 5 square block section of downtown, but it does little to help the population of Detroit. These taxpayer-funded giveaways to local billionaires has not exactly played out as planned.
Mike Ilitch and Dan Gilbert have done amazing things in a 5 square block section of downtown, but it does little to help the population of Detroit. These taxpayer-funded giveaways to local billionaires has not exactly played out as planned.