Interstate 375 to be transformed into street level boulevard

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Has there been an announcement of plans for the hundreds of acres of newly created vacant land that will result if the boulevard plan is actually built? Obviously specific projects cannot be planned but the uses might be specified. Huge new tracts of property will be created southeast of Brush Park, south of Eastern Market, and all along the length of the new boulevard. I've tried to follow the discussions and announcements of MDOT, State of Michigan and the City of Detroit but don't recall seeing, reading or hearing anything definitive. What entity will own this land previously located within the old freeway footprint? Will it be released for development? The area certainly doesn't need more green space. The area needs more density. Development seems like the best use. If the old I375 footprint is not going to be reduced, why spend the money on such a complex new project?