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Few cities have experienced a sharper economic change of fortune than Detroit. It was one of the fastest-growing cities in ...
The Detroit City FC soccer stadium proposal has gotten the green light for about $5.92 million in brownfield tax-increment financing reimbursements to tear down an abandoned hospital property.
Southwest Detroit Hospital has been vacant for about 18 years and many nearby residents consider it an eyesore.
From the perspective of city finances, the success of razing ... Tearing down an abandoned building in Detroit does increase the value of nearby properties by a small amount: $162.
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