The Detroit Brownfield Redevelopment Authority approved a $10 million tax credit for the redevelopment of the Argonaut Building to add to the potential that the College for Creative Studies might expand into that building. The $140 million plans include using the building for a new graduate school and 250 units of student housing.
Excerpt:
CCS President Richard Rogers said the school, located just east of the
Detroit Institute of Arts, is desperately short of space and parking.
But whether it decides to go ahead with an expansion into the Argonaut
Building will take a few more months of analysis.
"Conceptually
everybody is very excited about it," he said Thursday. "But we have to
look at the realities of it and decide whether it’s practical for us to
do it. I hope we can pull it off."
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