Detroit & N. Division

Stopped. Watched. icon

Excavation underway for the new “flatiron-style” building at 544 Detroit. Strong smell of gas as dirt is removed from the former gas station site. [photo]

- observed by on

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3 Comments

  1. By Eric Boyd
    July 30, 2014 at 4:48 pm | permalink

    Is this site receiving a brownfield tax credit?

  2. By Mary Morgan
    July 30, 2014 at 5:21 pm | permalink

    Re. “Is this site receiving a brownfield tax credit?”

    Yes.

    The Washtenaw County board of commissioners approved the brownfield redevelopment plan a year ago – in July 2013. It allows up to $698,773 of local and state taxes to be captured for eligible activities, administrative costs, and the Washtenaw County brownfield redevelopment authority local site remediation revolving fund over an estimated 25-year period. [.pdf of 544 Detroit St. brownfield plan]

  3. By Eric Boyd
    August 1, 2014 at 10:54 am | permalink

    Thanks for the pointer.

    Sounds like a textbook use case for Brownfield Tax Credits and a nice addition to the city.