Detroit Redevelopment Boom Expected for 2016
"Some of Detroit's most famous vacant sites finally may see new construction getting under way in 2016, turning some of the city's longest-running symbols of distress into emblems of renewal," reports John Gallagher.
"The Hudson's site on Woodward, the old Tiger Stadium site at Michigan and Trumbull, and the State Fairgrounds near Woodward Avenue and 8 Mile all seem likely to see redevelopment progress in 2016 after in some cases decades of disuse," adds Gallagher.
Gallagher notes a few long-vacant sites still not expecting redevelopment—but the examples provided by the list of properties pending for a makeover is enough to inspire hope that even the most intractable property challenges have solutions. To help illustrate that point, the article provides more details about the unique challenges facing each of the redevelopment sites, as well as the obstacles facing dormant properties and projects around the city.