The Hertel Coliseum at Michigan State Fairgrounds in Detroit in 2018. The Magic Johnson development firm purchased 16 acres of the site and purchases Detroit city 142 acres. (Photo: Max Ortiz, Detroit News)
Detroit – A state development company as part of its former fairgrounds site with basketball legend Earvin "Magic" Johnson is a closed company closed but data is scarce on plans for its future.
Michigan Land Bank announced Monday that the developer completed the purchase of 16 acre properties located at Eight Mile and Woodward in Detroit for $ 472,464.
Meanwhile, the land bank said that the city of Detroit is expected to close when it buys the remaining 142 acres of pitches later this month for about $ 7 million.
"I am proud of the collaborative work we have done with Magic Plus and Detroit city to bring new jobs and economic opportunities to the public," said Director of Land Director Josh Burgett, Michigan in a release statement.
“The State Fairgrounds is one of the largest developmental properties in Detroit, and we are very impressed with the economic prosperity that this brings to their Michigan community and taxpayers.” T
Magic Plus plans to build a multi-use project on Woodward.
"With the development of this property, we are looking forward to being part of our economic revival and the regeneration of Detroit community," said Magic Plus LLC owner, Joel Ferguson.
Officials in the city of Detroit, who intend to develop their options to develop their property, recommended a Monday announcement.
"We are delighted to close this discussion with Magic Plus, as it paves the way for the redevelopment of this strategically located property in Woodward Avenue," said Thomas Lewand, city group executive on jobs and growth. economic.
But a coalition government that put its own vision together for the site, with a view to housing, conservation and transit "at a fair price", said that its members and the communities in the area left behind in the dark about what to come.
The process, "completely opaque," said Frank Hammer, co-chair of the. T
"We have no sense of what is allowed or what's to come on the Magic Plus side," he said. "There was no community dialogue or community input. No one understands what they have in the works."
The coalition, he said, is planning to put a public discourse on one block south of the lawn site on 22 June.
Hammer's wife, Karen, said the coalition had started working on a proposal for future use after closing the grounds. The site has a cultural history, she said, dating back a hundred years.
"This cultural history brought urban and rural together," she said. "People are very strong about it."
Officials said the pitches were vacant for almost 10 years and cost $ 1 million a year to taxpayers to maintain the property. The grounds hosted the Michigan State fair from 1905-2009.
The property was transferred to Michigan Land Bank in 2012 and the Board of Directors of Michigan Land Bank approved their purchase in March 2018.
In 2013, Michigan Land Bank entered into a purchase agreement with Magic Plus. Subsequently the developer put forward proposals for housing, retail, restaurants, transit and parks on the site.
Detroit City Consultant, Roy McCalister Jr, said on Monday that the future proposals are unclear. The city, he said, still contrasts until he officially takes over his part of the site later this month.
McCalister said there were competing interests but it was aimed at building the grassland and surrounding area.
"It is the largest land parcel in Detroit city," he said. "There aren't so many factors in danger. It's something that will be great."
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