Detroit — An 800-foot-tall (244-meter) centerpiece is coming to Detroit’s resurgent downtown as the city continues to build momentum about three years after exiting the largest municipal bankruptcy in U.S. history.
Altogether, the projects are expected to create up to 24,000 jobs in a city that desperately needs them and generate $673 million in new tax revenue.
A 6.6-mile-long light rail system launched earlier this year along Woodward Avenue, downtown’s main business thoroughfare.
“Bedrock building on the Hudson’s site will be an important addition to the community and the vitality and prosperity of downtown,” said John Mogk, a Wayne State University law professor whose work has included policy on economic development issues.
When Detroit was humming along and leading the nation in car production, the store was where auto executives and assembly line workers shopped.
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