Busy Bee redevelopment incentives at 1401-1417 Gratiot
Detroit
Summary
A $12.5 million rehab of the old Busy Bee Hardware building near Eastern Market gets a 12-year tax break and $2.2 million in Brownfield reimbursement, bringing 17 apartments (4 affordable) and food-focused retail. Both items head to full Council with a thumbs-up.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jul 16, 2026.
Impact analysis
City nets about $408,110 over 12 years despite the abatement; taxes rise from $12,436 to $34,957 annually.
Future residents (including affordable units), Eastern Market-area businesses, and the city's tax base long-term.
Some residents question lost tax revenue during the abatement and strain on city services.
Mentions & discussions (1)
Related development
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