How Dan Gilbert Just Scored Up to $1 Billion in Taxpayer Money—and Few Noticed

The story of greater downtown Detroit’s redevelopment is well-known. The New York Times calls us the “comeback city” and says our downtown “roars.” The Detroit Free Press characterized Midtown’s turnaround and spike in property values as “insane. Crain’s Detroit Business recently highlighted the ongoing “development rush” in downtown in which investment figures “jump off the page.” National developers are elbowing their way into the market as the Detroit News forecasts “big demand” for housing in the coming years.

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