Detroit Brownfield Redevelopment Authority Approves Plans for $19 Million in New Investment
The Detroit Brownfield Redevelopment Authority (DBRA) has approved
brownfield tax incentive plans for four projects, representing a
potential redevelopment of $19 million in the city of Detroit. The
projects include restoration of an architecturally significant
structure on East Jefferson; an arts center focusing its services on
children and senior citizens; new housing units and restoration of two
historic town homes in southwest Detroit; and support facilities for
the Samaritan Center. The brownfield plans for the projects include
proposed Michigan Business Tax credits of $2.25 million.
tax incentives are tools to redevelop blighted, functionally obsolete
or contaminated properties. Eligible brownfield properties can earn
Michigan Business Tax credits, and may be reimbursed for costs such as
remediation, demolition, infrastructure and site preparation activities
from tax-increment revenues generated by the project. Book House Building Redevelopment.
Development, doing business as River Plaza Square, is rehabilitating
the architecturally significant Book House Building at 8445 East
Jefferson as well as its former carriage house. Shelborne Development
is planning to move its company offices into the Book House Building
and to renovate the carriage house for rental space. Samaritan Wellness Center.
Health & Wellness Center is planning the last phase of the
redevelopment of a health campus at Conner and Shoemaker Streets on
Detroitís east side. This phase of the project includes renovations to
create recreational facilities, community rooms, a catering kitchen,
dental offices and ten treatment rooms. Creative Arts Center.
Arts Center, LLC, an entity of Southwest Housing Solutions, plans to
renovate the former Detroit Police Third Precinct headquarters at 2802
W. Vernor Highway and convert it to a neighborhood arts center focused
on serving youth and senior citizens in southwest Detroit. Scotten Park.
Southwest Housing Solutions, acting as Scotten Park LDHA, LP is also
planning to build approximately 40 new units of rental housing and will
rehabilitate two historic town homes to create an additional nine
rental units in southwest Detroit. The project covers 64 parcels of
land between Fort and Toledo Streets west of 16th Street.
group, these four projects show how Detroit is moving forward into a
new economy with a greater emphasis on creativity and growing service