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News » US » Detroit sets out $125m plan for neighborhood revitalization » published 10 Oct 2017

Detroit sets out $125m plan for neighborhood revitalization

Detroit’s mayor has proposed a plan to invest US$125m to revitalize commercial strips in city business districts.

A number of run-down areas will be targeted Above: A number of run-down areas will be targeted

Commercial strips across the city are to be beautified to help reclaim an estimated US$2.6bn in Detroit retail spending that the city believes is being lost to other communities.

The city council is to be asked to approve the sale of bonds, which will be paid back through unbudgeted increases in state transportation revenue over next several years. “Every day, many Detroiters drive from their homes past underutilized business districts to shop outside of our city,” said Mayor Mike Duggan. “Using these bond funds, we are going to revitalize many of our neighborhood commercial corridors to create vibrant, attractive districts so Detroiters have a place to shop in their own neighborhood.”

Approximately US$80m of the bond revenue would fund major infrastructure improvements along the city’s key commercial corridors, such as Livernois-McNichols, West Vernor and East Warren. The other US$45m would complement existing road funds to improve 300 miles of city roads and replace hundreds of thousands of broken sections of sidewalk across the city.

Corridor improvements would include landscaping and reconfiguring traffic lanes to add bike lanes, improved street parking and in some cases wider sidewalks to allow for outdoor café seating.

Major improvements will bring millions of dollars back to some of the city’s retail corridors, according to study soon to be released by the Detroit Economic Development Corporation (DEGC).   The corridor at Livernois and McNichols, for example, could capture US$215m in retail activity annually, according to the study.

“People are drawn to attractive places, not just to shop, but to live,” said planning director Maurice Cox. “Our goal is to create beautiful retail districts that are uniquely Detroit and offer the kinds of services and amenities that will attract people from surrounding neighborhoods and surrounding cities.”

 

MPU

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This article was published on 10 Oct 2017 (last updated on 10 Oct 2017).

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