Article from the Free Press today. My man crush on Dan Gilbert seems to be growing every day.
http://www.freep.com/article/2011062...text|FRONTPAGE
Article states that we will see an announcement in July.
Article from the Free Press today. My man crush on Dan Gilbert seems to be growing every day.
http://www.freep.com/article/2011062...text|FRONTPAGE
Article states that we will see an announcement in July.
It'd be nice if Wayne State employees could get the incentive in order to live downtown... :)
The dominoes are really starting to fall... If light rail happens in the next 5 years, coupled with all of the present development efforts, the greater downtown area is going to be a robust, thriving and vibrant urban core competitive or even surpassing other major cities. On top of it all, Detroit has the advantage of being one of America's coolest cities, IMO.
Dan Gilbert for Mayor of Detroit 2013
You're correct. I have been to Phoenix, and you're right, there is nothing urban about it. I probably picked too easy a target in my above post. Right now, I'd say Pittsburgh and Cleveland both have an edge on Detroit in terms of quality urban living; Pittsburgh by a healthy margin, and Cleveland not by much. So, using them as examples, I think it's not unrealistic for Detroit to pass them in 5-10 years based on the present trajectory.
Success of Midtown incentives inspire Quicken chairman to follow suit downtown
http://www.freep.com/article/2011062...-suit-downtownQuote:
Last January, when an incentive program was created to lure employees of major anchor institutions to live in the city's Midtown district, nobody quite knew how it would work out.
Five months later, the evidence suggests the incentive program has been a huge hit. As of Wednesday, 178 people have taken advantage of the Midtown incentives to buy a new home, sign or renew an apartment lease, or begin home renovations, according to Midtown Detroit Inc., the nonprofit group that is coordinating the program.
Austin Black II, a Detroit Realtor and owner of the firm City Living Detroit, said that four of the eight pending deals he had at the beginning of this month were based on the Midtown incentives. The incentives provide up to $25,000 to buy a home in the Midtown district, and there are other incentives to sign or renew an apartment lease or to make home improvements.
"I think it's been huge, especially stabilizing values in the neighborhood," Black said Wednesday.
I think it is a great incentive. About time corporate conscience makes a comeback. Kudo's to Gilbert and his company.