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flag Detroit approves $75M in public funds for a $1.6B Renaissance Center and riverfront overhaul to create a public waterfront district.

flag The Downtown Development Authority has approved $75 million in public funding for the $1.6 billion redevelopment of Detroit’s Renaissance Center and riverfront, aiming to transform the area into a public-friendly waterfront district. flag The project, led by Bedrock and supported by $1 billion from Dan Gilbert and $250 million from General Motors, will remove two office towers, replace the current concrete podium with open plazas and a park, and improve pedestrian access. flag Funds will be reimbursed between 2027 and 2033 for infrastructure like a promenade and public spaces. flag The redevelopment seeks to reconnect downtown Detroit with the river, inspired by Chicago’s Navy Pier, and is part of broader efforts to revitalize the city’s core.

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