The Math Behind Why Detroit Needs Growth
Detroit's budget picture continues to improve. But what does that mean for residents, city services, and the big redevelopment projects now under discussion?
I sat down with expert Steve Watson of Watson & Yates to talk through the current situation and the financial logic behind why Detroit needs growth.
We look into the proposed Renaissance Center redevelopment we talked about on the show last week, including the $548 million in requested public incentives tied to a proposed $2.2 billion investment by GM and Bedrock.
We break down where that money would come from, how the Renaissance Zone…
The skinny
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