District Detroit plans $1.5B investment for 10 buildings while some from 2017 sit unfinished
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- čas přidán 14. 11. 2022
- Ilitch Companies, Olympia Development of Michigan and other organizations announced plans for a proposed $1.5 billion development of several new and renovated buildings in The District Detroit.
Let us hope the Ilitches will truly make good on their promises instead of stalling for a decade before demolishing all the buildings to replace them with parking lots.
detroit is on its way up
Only if they relocate some people
2:36 of course development takes time. Anyone who has observed the Hudson Site, Elton Park, Godfrey and Michigan Central knows that. But what % of Olympia land actually has work being done like those other projects instead of just sitting there?
As for blaming covid, two projects that were underway (Eddystone & Detroit Women's Club) continued through the pandemic mostly unabated. Are we to believe that a bunch of development was going to happen in summer 2020 on sites that sat empty while the arena was being built?
As Detroit retirees exist on 2014 pensions absent of any cost of living adjustment during this recession
Yeah right! When I see construction, I believe it.
Good luck , you'll need it
Don't give the Ilitches another dime in public money. That family has a trail of broken promises when it comes to development in Detroit. Let the Ilitches finance their pipe dream projects with their own money.
They are only catering to the people with the highest income.
You will have to chain down anything that can be carried out of all the beautiful new stores. Detroit's violent crime rate is 462% above the national avg.
You are out of touch
Another commenter unfamiliar with the area thinking he knows it all.
@@ryanvandy1615 unfamiliar...I grew up in Detroit and lived there for 30 years. I bet I know more about the city than you do.
Come to San Francisco. Detroit has nothing on the high theft in the stores here. And don't get me started on the high car break here. Detroit will do just fine. I am from the Detroit area. But live here in the Bay area California for over 21 years. It's a shit show here. Homeless is out of control and drugs are rampant on the streets. The mentally ill is very bad on the streets. I've never seen so many tents, feces, drug needles and trash, like I've seen here. Take a chill pill, Chicken Little.
@@billbuschgen520 No one needs to chain their stuff down in the area the video is talking about. Lighten up on the sensationalism.
Not one person from the hood can afford downtown
GOOD
@@silentmajority8365 South Africa, USA, Australia.. you guys sure like segregation.
They can’t afford my neck of the woods either but yet here they are, courtesy of Section 8 market rate rent vouchers and open enrollment.
How can these developers get away with such lies!! They rarely build anything!! It ought to be criminal for them to take the loans and not do anything!!
When are they starting the work? LMAO 9 months later....... "It takes time"........They've had 7 years to plan these untouched proposed and promised new developments and renovations.
Drive out to the Illitches property in Farmington Hills (North side of 696 near I275) and they wasted no time building the new Mercedes financial building, broke ground for another building and renovating the two existing other large offices of the property!
No section 8!!!!
I saw a McLaren with a “Sec 8” vanity plate parked in front of a Bagel shop off W. Long Lake Road in Troy. Obviously, a very lucrative endeavor for the rent seeking owner.
More buildings to loot 🤣🤣🤣🤣🤣🤣
Unfortunately you’re probably right
That’s funny. None of the buildings in this area have had problems with looters jackass
Why don't the black people that have great wealth in Detroit start building something. Anything!