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Vacant Land - Detroit, MI
This lot is sold in a bundle of 8 with 2701,2711,2721 Vermont, 2708, 2718,2724 Huron, and 2030 Spruce. All 8 lots Total= 24,201 sq. Not sold Separately. Great opportunity for infill housing development. Zoned R2. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. The Tax Capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitt...
This lot is sold in a bundle of 8 with 2701,2711,2721 Vermont, 2708, 2718,2724 Huron, and 2030 Spruce. All 8 lots Total= 24,201 sq. Not sold Separately. Great opportunity for infill housing development. Zoned R2. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. The Tax Capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
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