City council approves District Detroit tax incentives in 8-1 vote
After weeks of back and forth with postponed votes, the Ilitchโs Olympia Development and billionaire developer and Detroit native Steven Ross just got the first chunk of tax incentives they were looking for, more than $600 million of the $800 million they want to expand upon District Detroit.
Concerns raised after City Council postpones vote on $1.5B District Detroit project
The Detroit City Council has delayed a vote on whether to approve the new District Detroit project, a $1.5 billion proposal backed by the University of Michigan, billionaire Steven Ross and the Ilitch organization. Many Detroiters are deeply concerned that the city is giving away too much in the deal.
New renderings give glimpse of what could be in store for Detroit District
The proposed projects were presented at a community meeting Tuesday (Nov. 29) night. The projects are a collaboration between the Ilitch family organization Olympia Development of Michigan, and real estate development firm Related Companies.
Ilitch Holdings announces layoffs at Comerica Park, LCA, Fox Theatre
DETROIT โ When you are in the business of entertainment and arenโt allowed to entertain people -- it is a very big problem. Ilitch Holdings announced furloughs and layoffs are coming to staff at Comerica Park, Little Caesars Arena and the Fox Theatre. RELATED: Detroitโs Majestic Theatre Center listed for saleThe layoffs are mostly part-time employees. Ilitch Holdings says itโs lost 200 event dates. Dalto believes itโs going to take another year before the entertainment and hospitality industries start to rebound and even longer for a full rebound.
Once legendary concert venue Gold Dollar Bar demolished after suspicious fire
DETROIT - An iconic building near Little Caesar's Arena was demolished Monday. The former Gold Dollar Bar was destroyed in a fire on July 22. The historic bar on Cass Avenue had been vacant since 2001 and is owned by the Ilitch family. It's the first venue where the White Stripes ever performed. ORIGINAL: Once legendary concert venue Gold Dollar Bar believed to be total loss after fireReport from July 22, 2019 below:Copyright 2019 by WDIV ClickOnDetroit - All rights reserved.