New partnership seeks to raise $350 million for Joe Louis Greenway, riverfront

The groups announced the Unified Greenway Partnership on Tuesday after the Detroit City Council pledged $3 million annually to each project for maintenance and operation, contingent on the new partnership jointly raising $100 million to create a permanent endowment at the Community Foundation of Southeast Michigan.


That endowment will help fund the perpetual care of the 27.5-mile Joe Louis Greenway that will connect the Detroit Riverfront with 23 neighborhoods in Detroit, Hamtramck, Highland Park and Dearborn and the 5.5-mile Detroit Riverwalk, with some parts under construction and other existing and developing public parks along its span.


The conservancy has raised more than $200 million over the past 20 years to revitalize the Detroit Riverfront, an investment that's generated more than $2 billion in public and private investment. Nearly 90 percent of the east riverfront is complete, and several parks are in development, including: the Southwest Greenway set to open in May; the Uniroyal Promenade, set to complete the east riverfront when it opens this coming fall; and the Ralph C. Wilson, Jr. Centennial Park expected to open next year.
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