Detroit City Council Meeting

*Please Note: due to severe weather warning for Thursday, February 23rd, we will be attending on Zoom*

City Council Planning & Economic Development Committee Meeting (Thursday, 2/23/23 at 10AM)

Join us this Thursday either in person at the Coleman Young Municipal center, or over zoom as we demand that the Detroit City Council reject the proposal to give the Ilitch family over $600 million dollars to develop the District Detroit.

Background:

In 2015, the Ilitch family received $400 million to develop Little Caesar's Arena and the surrounding District Detroit. After eight years of failed development, they are now requesting an additional $800 million in public subsidies from the Detroit city council. This comes at a time when 19,000 Detroit properties are facing property tax foreclosures due to the property tax moratorium expiring in March.

 

The Planning and Economic Development Committee is a committee on city council that is tasked with soliciting public feedback, and advancing the proposal to the floor. It is vital that we have a strong presence at this initial meeting.

Zoom Link


Talking Points: Brownfield Authority Talking Points Doc


Additional Information:

  • The total request for public investment is $797.75 million, with $616 million in Transformational Brownfield funds.
  • The District Detroit has already received nearly $500 million in public money for the construction of Little Caesars Arena and the Detroit Center for Innovation.
  • Ilitch Holdings had a total combined revenue of $3.8 billion in 2018, and Ross has a net worth of $7.6 billion, according to Forbes in 2020.
  • The proposed builds will require even more public money, potentially exceeding $1 billion when taking into account interest on bonds, value of public land, and bonus incentives. This is approximately Detroit's entire annual general fund.


Useful Links:

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