1. The Detroit Economic Growth Corporation Midtown: A case Study Stay Focused. Be Efficient. Prioritize. CNU XV Presented to

2. 2 © 2007 DEGC Confidential and Proprietary Information www.DEGC.org Page No. Midtown Context

3. 3 © 2007 DEGC Confidential and Proprietary Information www.DEGC.org Page No. Initiatives - TechTown Land Assembly Tax Increment Financing Abatement Support Loans and Capital

4. 4 © 2007 DEGC Confidential and Proprietary Information www.DEGC.org Page No. Initiatives – Housing /Retail Abatement Support Brownfield Credits Loans and Capital

5. 5 © 2007 DEGC Confidential and Proprietary Information www.DEGC.org Page No. Initiatives – Streetscapes State Grant Assistance Construction Management Community Partnering Design Coherence

6. 6 © 2007 DEGC Confidential and Proprietary Information www.DEGC.org Page No. Brush Park 1950-1996 Abandonment and Decay $65 million in City investment

7. 7 © 2007 DEGC Confidential and Proprietary Information www.DEGC.org Page No. Land Assembly – Brush Park Approx 110 Tax Reverted Parcels 82 private parcels through condemnation & quiet acquisition Relocation of non- suitable uses Competitive RFPs for bundled parcels 1700 new construction housing units 300 – 400 rehabilitated units

8. 8 © 2007 DEGC Confidential and Proprietary Information www.DEGC.org Page No. Infrastructure – Brush Park $25 million New Utilities Complete road reconstruction New sidewalks Decorative street lights Street Trees Rebuilt abandoned and closed streets Reopened two – way traffic

9. 9 © 2007 DEGC Confidential and Proprietary Information www.DEGC.org Page No. Stabilization – Brush Park Historic Stabilization Identify candidate structures Stabilize / Mothball Loans and abatements

10. 10 © 2007 DEGC Confidential and Proprietary Information www.DEGC.org Page No. Restoration – Brush Park Residential Abatement Support Brownfield Credits

11. 11 © 2007 DEGC Confidential and Proprietary Information www.DEGC.org Page No. Restoration – Brush Park Commercial Abatement Support Brownfield Credits Loans

12. 12 © 2007 DEGC Confidential and Proprietary Information www.DEGC.org Page No. Infill – Brush Park

13. 13 © 2007 DEGC Confidential and Proprietary Information www.DEGC.org Page No. Mixed Use – Brush Park Brush Park Manor – Presbyterian Village Hospice of Michigan