Exchange Detroit NEZ certificate extension
Detroit
Description
The developer asked for a one-time fifth-year extension of NEZ tax abatements on two unsold for-sale condos; the committee recommended approval.
Impact summary
The developer gets a one-year reprieve to finish satisfying the NEZ requirements.
Applicant
- Name
- Exchange Detroit LLC
- Address
- Greektown, Detroit, MI
At a glance
- Hearings
- 2
- Public comments
- 0
- Total mentions
- 2
Last vote · City Council
Last discussed Feb 10, 2026.
Meeting timeline (2)
City Council Formal Session
Three NEZ exemption certificates were extended to November 16, 2026, giving the applicant another year to meet the Act's requirements.
Planning and Economic Development Standing Committee
The developer asked for a one-time fifth-year extension of NEZ tax abatements on two unsold for-sale condos; the committee recommended approval.
Related issues (1)
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