Little Caesars Arena as Catalytic Development
"Just over a year after Little Caesars Arena opened its doors for the first time, Ilitch Holdings is celebrating the changes that have come to Detroit and noted that it's only the beginning," writes John Gallagher.
Gallagher lists the economic development and tax revenue benefits touted by the company, which include, 3 million guests to the arena, $600 million in contracts to local companies and 20,000 jobs, a 456 percent increase in property tax base in the district, 40,000 square feet of additional commercial development, and $200 million in funding commitments to additional redevelopment projects.
Planetizen first reported criticisms of the generous subsidies allowed the sports arena back in 2014, and the public investments continued into 2017. In 2016, the Illitch family has promised that the city's investment in the arena and surrounding sports and entertainment district would reap additional private investments in the area.
Topics
- 4 Predictions for Urban Planning Post-Coronavirus
- Cities Are Suddenly a Little Less Car-Centric
- NACTO Releases Pandemic Streets Design Guide
- The Argument Against Accessory Dwelling Units
- Louisiana Coast Will Disappear, Study Says. The Only Question Is How Soon.
- California's Population Might Be Peaking
- Popularity of Opportunity Zone Program Grows During the Pandemic
- Proposed Mass Timber High-Rise In Seattle Adds Six Stories
- The Growing Footprint of Al Fresco Streets
- Electric Bike Sales Explode as Cities Rethink Streetscapes
- U.S. Supreme Court Rules on State-Imposed Social Distancing Restrictions
- The '30 by 30' Framework Sets an Ambitious Goal for Nature Conservation
- Post-Pandemic Era of Shopping Malls Creates Opportunities for Downtowns
- Commandeered Buses, System Shutdowns—Transit on the Frontlines of Protests
- Violence Against Black Americans a Moment of Reckoning for the Planning Profession
- The Urban Project: Urbanization, Urbanisms, and the Virus—A Historical Take
- Toronto's Expanded its Bike Infrastructure Network to Run Parallel to Transit Lines
- 20 Is Plenty in D.C., Starting Today
- Reopening California: Respected County Health Official Issues Warning
- Guide to Planning for Public Health, Published by WHO and the UN
