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This $50 Billion Plan Could Rebuild Detroit w/ Rod Lockwood
Rod Lockwood reveals his $50 billion plan to transform Belle Isle into a tax-free, self-governing city — and what it means for Detroit real estate investors.
In this episode of RealDealChat, Jack Hoss sits down with Rod Lockwood, a second-generation Detroit real estate developer and founder of the Belle Isle Freedom City project — a bold proposal to turn a 1,000-acre island in the Detroit River into a privately funded, tax-free, self-governing city of 50,000 people.
Rod breaks down:
Why Detroit went from the richest city in the world in 1950 to the poorest major city today
The 99-year lease…
The skinny
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