Poll: Will the woodlands planned for Detroit's east side help or hurt the city?
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#1 Dec 12, 2012
Add bears that can go eat people who grill outdoors, it would be a wonderful thing !
#2 Dec 12, 2012
Last time I heard it was 8 cents per foot. That's a bout $3,484 per acre. While it seems like a low price there are other strings attached. The 50+ existing buildings will have to be torn down. The city pays thousands per building to have them demolished. The land is to be remediated and planted. Their may be some future strings on the use for any projects. Based upon third party information from someone who knows Mr. Hantz, the land will sit unused rather than be used for development.
The point of those who voted against the sale may have been that 140 contiguous acres is something the city could promote for something, but they were not doing anything. They had no plans as usual and nothing was on the table. This deal gets the property on the tax role. Now a full 140 acres will be clear and tax paying.
PS>Mr. Hantz has the money and inclination to maintain the land compared with Matty Maroun neglects property.
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