GM Buys Four Riverfront Properties

[emu steve]

Such optimism. Based on what exactly? Nothing near what you're expecting happened between 2004 and 2014.

Do you expect that 2014 - 2024 will be like 2004 - 2014? [Are you related to Bham1982? ]

I would guess that development in the next 10 years will be double what happened in the last 10.

Why? The last decade included the worst financial crisis, i.e. financial balance sheet crisis, not the cyclical economic crises of the 80s, 70s, etc. since the Great Depression.

I see a lot of surface parking being developed starting with the arena site, then a parking garage behind the Park Tavern [[is that the name), I can see some by Bates, by GM Ren Cen, by the 'fail jail' site, etc. within the next 5 years.

I'd bet a savvy person who knows downtown Detroit like the back of his [[or her) hand could come up with a list of say 10 top sites to go from surface parking to something else.

The areas where surface parking will remain longest should be behind the Fox that area because I don't see a building catalyst happening there until the more strategically valuable land is eaten up.