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  1. #1
    Join Date
    Mar 2011
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    5,067

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    Quote Originally Posted by Detroitdave View Post
    Seeing that this is a Dan Gilbert project I doubt it will be very heavily subsidized.
    also I would trust billionaires know something about business , so I believe they have faith in Detroit or they wouldn't be doing this
    Given that Dan Gilbert hasn't built anything downtown, and all his job moves have been very heavily subsidized, what would make you think he wouldn't request subsidies?

    And, no, I wouldn't blindly "trust" folks just because they're rich businessmen. You never heard of the '09 economic meltdown? Just because someone made money in one competency doesn't mean they understand making money in all competencies.

  2. #2

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    Quote Originally Posted by Bham1982 View Post
    Given that Dan Gilbert hasn't built anything downtown...
    I guess the "Z" parking structure is just a mirage? Not to mention the amount of "building" that goes on inside the buildings he's bought.

  3. #3

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    Quote Originally Posted by downtownguy View Post
    I guess the "Z" parking structure is just a mirage? Not to mention the amount of "building" that goes on inside the buildings he's bought.
    Perhaps the "Z" isn't visible from way up in Birmingham, which of course is the center of the entire metro Detroit area.

    It's been so much better for the city to have Gilbert buying, renovating, and filling up the existing stock of buildings before turning to new construction anyway.

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