Plans are in the making for the development of the former Michigan State Fairgrounds. The state of
Michigan Land Bank Fast Track Authority
(MLB) has approved and issued a Request for Proposal (RFP) for the area.
"This represents another in a series of positive moves forward for Detroit," said Gov. Rick Snyder in a press release. "The state is committed to working cooperatively to rehabilitate this unused property into a robust economic driver for the city, its residents and the region."
The RFP is a three-step process that gives prospective develops approximately 60 days to submit their proposals for review by the MLB Board of Directors. The first step of the RFP for the former fairgrounds will remain anonymous ensuring that the MLB can focus on the best use of the 160-acre property. It’s an open ended RFP, allowing for a range of proposals with the exception of casinos, racetracks, prisons or railroad freight yards.
"The Michigan Land Bank is looking forward to working with the advisory committee and the developers in order to restore the former State Fairgrounds property to productive use for the state and city of Detroit," said Kim Homan, Land Bank Fast Track Authority Executive Director.
Source: Kathy Fagan
Writer: Leah Johnson