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Committee advances Market Hall proposal at 1 Cadillac Square; tax-abatement request moves to formal session
Summary
The Detroit City Council Committee of the Whole advanced a PA 210 commercial rehabilitation exemption certificate for a proposed Market Hall at 1 Cadillac Square and voted to send the item to formal session with a recommendation to approve.
The Detroit City Council Committee of the Whole advanced a PA 210 commercial rehabilitation exemption certificate for a proposed Market Hall at 1 Cadillac Square and voted to send the item to formal session with a recommendation to approve.
Casey Jackson, Detroit Economic Growth Corporation, told the committee the assessor projects post-development property taxes for the Market Hall parcel would rise from roughly $69,000 on vacant land to about $315,000 annually after an…
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