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The Detroit Land Bank Authority [1] is a public authority that owns and manages approximately 100,000 parcels of property in the city of Detroit, making it the city's largest landowner. [ 2 ] Occasionally framed as a quasi-governmental entity , the Detroit Land Bank operates a number of programs to reduce the number of Detroit properties that ...
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Land banking originated in the 1920s and 1930s as a means of making low-priced land available for housing and ensuring orderly development. [2] The period of deindustrialization in the United States coupled with increased suburbanization in the middle of the 20th century left many American cities with large amounts of vacant and blighted industrial, residential, and commercial property.
The plan was for 40,000 properties to be taken down to allow for property values to rise and have land for new homes and office space to be built in the city. Poverty and crime continue to impact the city, and the demolition program was created in hopes to improve conditions for the people living in the urban areas of Detroit.
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Pending approval by the City Council, Kobylski's Gratiot-Findlay neighborhood eventually will see solar arrays on about 23 acres (9.3 hectares) of land. Detroit plans to rein in solar power on ...
Hantz Woodlands, also known as Hantz Farms, is an urban tree farm on the lower east side of Detroit.The project has cleared more than 2,000 vacant city-owned lots, totaling more than 140 acres, and has demolished blighted homes and cleared empty lots to make way for a hardwood tree farm, bounded by E. Jefferson Avenue, Mack Avenue, St. Jean Street and Van Dyke Avenue.
The developers plan to transform the vacant building, which dates to 1927, into a mix of market-rate housing (60 to 70 units) and affordable housing for seniors (117 units).