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3010 Beals Street, Detroit
$20,000
20261073128 MLS ⋅ ACTIVE Status
PRIME ISLANDVIEW INFILL DEVELOPMENT OPPORTUNITY! Two adjacent Detroit Land Bank Authority (DLBA) parcels located at 3010 & 3016 Beals Street in Detroit’s desirable Islandview neighborhood. Zoned R2, these side-by-side lots present an excellent opportunity for builders, developers and investors seeking residential infill potential in an area experiencing continued investment and redevelopment. The combined site provides the opportunity to create a thoughtfully designed residential project that complements the surrounding neighborhood and contributes to Detroit’s growing housing stock. Ideal for a developer looking to capitalize on the location, neighborhood connectivity and proximity to some of Detroit’s most recognized destinations. Located minutes from Belle Isle, the Detroit Riverfront and RiverWalk, East Jefferson corridor, Eastern Market and Downtown Detroit, with convenient access to dining, shopping, parks, recreation, major thoroughfares and employment centers. The Islandview location offers an attractive combination of established residential character and ongoing redevelopment, making these parcels well suited for an infill project designed for today’s urban buyer. Purchase and development are subject to DLBA guidelines, proposal requirements and applicable development timelines. Buyer/developer is responsible for verifying zoning, permitted uses, setbacks, lot dimensions, utility availability, building requirements and all proposed plans with the City of Detroit and DLBA. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

3010 Beals Street, Detroit

2984 Beals Street, Detroit
$20,000
20261073126 MLS ⋅ ACTIVE Status
PRIME ISLANDVIEW INFILL DEVELOPMENT OPPORTUNITY! Two adjacent Detroit Land Bank Authority (DLBA) parcels located at 2984 & 2978 Beals Street in Detroit’s desirable Islandview neighborhood. Zoned R2, these side-by-side lots present an excellent opportunity for builders, developers and investors seeking residential infill potential in an area experiencing continued investment and redevelopment. The combined site provides the opportunity to create a thoughtfully designed residential project that complements the surrounding neighborhood and contributes to Detroit’s growing housing stock. Ideal for a developer looking to capitalize on the location, neighborhood connectivity and proximity to some of Detroit’s most recognized destinations. Located minutes from Belle Isle, the Detroit Riverfront and RiverWalk, East Jefferson corridor, Eastern Market and Downtown Detroit, with convenient access to dining, shopping, parks, recreation, major thoroughfares and employment centers. The Islandview location offers an attractive combination of established residential character and ongoing redevelopment, making these parcels well suited for an infill project designed for today’s urban buyer. Purchase and development are subject to DLBA guidelines, proposal requirements and applicable development timelines. Buyer/developer is responsible for verifying zoning, permitted uses, setbacks, lot dimensions, utility availability, building requirements and all proposed plans with the City of Detroit and DLBA. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

2984 Beals Street, Detroit

2978 Beals Street, Detroit
$20,000
20261073120 MLS ⋅ ACTIVE Status
PRIME ISLANDVIEW INFILL DEVELOPMENT OPPORTUNITY! Two adjacent Detroit Land Bank Authority (DLBA) parcels located at 2978 & 2984 Beals Street in Detroit’s desirable Islandview neighborhood. Zoned R2, these side-by-side lots present an excellent opportunity for builders, developers and investors seeking residential infill potential in an area experiencing continued investment and redevelopment. The combined site provides the opportunity to create a thoughtfully designed residential project that complements the surrounding neighborhood and contributes to Detroit’s growing housing stock. Ideal for a developer looking to capitalize on the location, neighborhood connectivity and proximity to some of Detroit’s most recognized destinations. Located minutes from Belle Isle, the Detroit Riverfront and RiverWalk, East Jefferson corridor, Eastern Market and Downtown Detroit, with convenient access to dining, shopping, parks, recreation, major thoroughfares and employment centers. The Islandview location offers an attractive combination of established residential character and ongoing redevelopment, making these parcels well suited for an infill project designed for today’s urban buyer. Purchase and development are subject to DLBA guidelines, proposal requirements and applicable development timelines. Buyer/developer is responsible for verifying zoning, permitted uses, setbacks, lot dimensions, utility availability, building requirements and all proposed plans with the City of Detroit and DLBA. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

2978 Beals Street, Detroit

3016 Beals Street, Detroit
$20,000
20261073133 MLS ⋅ ACTIVE Status
PRIME ISLANDVIEW INFILL DEVELOPMENT OPPORTUNITY! Two adjacent Detroit Land Bank Authority (DLBA) parcels located at 3016 & 3010 Beals Street in Detroit’s desirable Islandview neighborhood. Zoned R2, these side-by-side lots present an excellent opportunity for builders, developers and investors seeking residential infill potential in an area experiencing continued investment and redevelopment. The combined site provides the opportunity to create a thoughtfully designed residential project that complements the surrounding neighborhood and contributes to Detroit’s growing housing stock. Ideal for a developer looking to capitalize on the location, neighborhood connectivity and proximity to some of Detroit’s most recognized destinations. Located minutes from Belle Isle, the Detroit Riverfront and RiverWalk, East Jefferson corridor, Eastern Market and Downtown Detroit, with convenient access to dining, shopping, parks, recreation, major thoroughfares and employment centers. The Islandview location offers an attractive combination of established residential character and ongoing redevelopment, making these parcels well suited for an infill project designed for today’s urban buyer. Purchase and development are subject to DLBA guidelines, proposal requirements and applicable development timelines. Buyer/developer is responsible for verifying zoning, permitted uses, setbacks, lot dimensions, utility availability, building requirements and all proposed plans with the City of Detroit and DLBA. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

3016 Beals Street, Detroit

1736 Baldwin Street, Detroit
$20,000
20261074979 MLS ⋅ ACTIVE Status
Great opportunity build in Detroit's historic Islandview neighborhood. Zoned R-2. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. Please note thatthe DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. 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 and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. Please see attached documents for DLBA requirements and offer submission information.

1736 Baldwin Street, Detroit

3407 Van Dyke Street, Detroit
$50,000
20261071261 MLS ⋅ ACTIVE Status
Islandview Development Opportunity – 10-Parcel Assemblage | Approx. 33,447 SFExceptional opportunity to acquire 10 contiguous vacant parcels totaling approximately 33,447 SF (0.77 acres) in Detroit’s Islandview neighborhood along the Van Dyke corridor. The parcels are offered together as one development package and are zoned R2 (Two-Family Residential District). The package includes 3097, 3093, 3087, 3081, 3075, 3069, 3063, 3055, 3403, and 3407 Van Dyke - All parcels come with clear title. Located along the Van Dyke corridor, these parcels offer excellent visibility and convenient access to major roadways, shopping, dining, schools, parks, public transportation, and many of Detroit's key destinations. The surrounding area continues to benefit from ongoing investment and revitalization, making this an exciting opportunity for future development. All parcels must be sold together as one package. Purchaser to verify zoning, utilities, dimensions, permitted uses, and all development requirements. Sale is subject to Detroit Land Bank Authority requirements and approval. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

3407 Van Dyke Street, Detroit

3403 Van Dyke Street, Detroit
$50,000
20261071257 MLS ⋅ ACTIVE Status
Islandview Development Opportunity – 10-Parcel Assemblage | Approx. 33,447 SF Exceptional opportunity to acquire 10 contiguous vacant parcels totaling approximately 33,447 SF (0.77 acres) in Detroit’s Islandview neighborhood along the Van Dyke corridor. The parcels are offered together as one development package and are zoned R2 (Two-Family Residential District). The package includes 3097, 3093, 3087, 3081, 3075, 3069, 3063, 3055, 3403, and 3407 Van Dyke - All parcels come with clear title. Located along the Van Dyke corridor, these parcels offer excellent visibility and convenient access to major roadways, shopping, dining, schools, parks, public transportation, and many of Detroit's key destinations. The surrounding area continues to benefit from ongoing investment and revitalization, making this an exciting opportunity for future development. All parcels must be sold together as one package. Purchaser to verify zoning, utilities, dimensions, permitted uses, and all development requirements. Sale is subject to Detroit Land Bank Authority requirements and approval. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

3403 Van Dyke Street, Detroit

3055 Van Dyke Street, Detroit
$50,000
20261071250 MLS ⋅ ACTIVE Status
Islandview Development Opportunity – 10-Parcel Assemblage | Approx. 33,447 SF Exceptional opportunity to acquire 10 contiguous vacant parcels totaling approximately 33,447 SF (0.77 acres) in Detroit’s Islandview neighborhood along the Van Dyke corridor. The parcels are offered together as one development package and are zoned R2 (Two-Family Residential District). The package includes 3097, 3093, 3087, 3081, 3075, 3069, 3063, 3055, 3403, and 3407 Van Dyke - All parcels come with clear title. Located along the Van Dyke corridor, these parcels offer excellent visibility and convenient access to major roadways, shopping, dining, schools, parks, public transportation, and many of Detroit's key destinations. The surrounding area continues to benefit from ongoing investment and revitalization, making this an exciting opportunity for future development. All parcels must be sold together as one package. Purchaser to verify zoning, utilities, dimensions, permitted uses, and all development requirements. Sale is subject to Detroit Land Bank Authority requirements and approval. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

3055 Van Dyke Street, Detroit

3063 Van Dyke Street, Detroit
$50,000
20261071247 MLS ⋅ ACTIVE Status
Islandview Development Opportunity – 10-Parcel Assemblage | Approx. 33,447 SF Exceptional opportunity to acquire 10 contiguous vacant parcels totaling approximately 33,447 SF (0.77 acres) in Detroit’s Islandview neighborhood along the Van Dyke corridor. The parcels are offered together as one development package and are zoned R2 (Two-Family Residential District). The package includes 3097, 3093, 3087, 3081, 3075, 3069, 3063, 3055, 3403, and 3407 Van Dyke - All parcels come with clear title. Located along the Van Dyke corridor, these parcels offer excellent visibility and convenient access to major roadways, shopping, dining, schools, parks, public transportation, and many of Detroit's key destinations. The surrounding area continues to benefit from ongoing investment and revitalization, making this an exciting opportunity for future development. All parcels must be sold together as one package. Purchaser to verify zoning, utilities, dimensions, permitted uses, and all development requirements. Sale is subject to Detroit Land Bank Authority requirements and approval. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

3063 Van Dyke Street, Detroit

3075 Van Dyke Street, Detroit
$50,000
20261071244 MLS ⋅ ACTIVE Status
Islandview Development Opportunity – 10-Parcel Assemblage | Approx. 33,447 SF Exceptional opportunity to acquire 10 contiguous vacant parcels totaling approximately 33,447 SF (0.77 acres) in Detroit’s Islandview neighborhood along the Van Dyke corridor. The parcels are offered together as one development package and are zoned R2 (Two-Family Residential District). The package includes 3097, 3093, 3087, 3081, 3075, 3069, 3063, 3055, 3403, and 3407 Van Dyke - All parcels come with clear title. Located along the Van Dyke corridor, these parcels offer excellent visibility and convenient access to major roadways, shopping, dining, schools, parks, public transportation, and many of Detroit's key destinations. The surrounding area continues to benefit from ongoing investment and revitalization, making this an exciting opportunity for future development. All parcels must be sold together as one package. Purchaser to verify zoning, utilities, dimensions, permitted uses, and all development requirements. Sale is subject to Detroit Land Bank Authority requirements and approval. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

3075 Van Dyke Street, Detroit

3081 Van Dyke Street, Detroit
$50,000
20261071240 MLS ⋅ ACTIVE Status
Islandview Development Opportunity – 10-Parcel Assemblage | Approx. 33,447 SF Exceptional opportunity to acquire 10 contiguous vacant parcels totaling approximately 33,447 SF (0.77 acres) in Detroit’s Islandview neighborhood along the Van Dyke corridor. The parcels are offered together as one development package and are zoned R2 (Two-Family Residential District). The package includes 3097, 3093, 3087, 3081, 3075, 3069, 3063, 3055, 3403, and 3407 Van Dyke - All parcels come with clear title. Located along the Van Dyke corridor, these parcels offer excellent visibility and convenient access to major roadways, shopping, dining, schools, parks, public transportation, and many of Detroit's key destinations. The surrounding area continues to benefit from ongoing investment and revitalization, making this an exciting opportunity for future development. All parcels must be sold together as one package. Purchaser to verify zoning, utilities, dimensions, permitted uses, and all development requirements. Sale is subject to Detroit Land Bank Authority requirements and approval. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

3081 Van Dyke Street, Detroit

3087 Van Dyke Street, Detroit
$50,000
20261071233 MLS ⋅ ACTIVE Status
Islandview Development Opportunity – 10-Parcel Assemblage | Approx. 33,447 SF Exceptional opportunity to acquire 10 contiguous vacant parcels totaling approximately 33,447 SF (0.77 acres) in Detroit’s Islandview neighborhood along the Van Dyke corridor. The parcels are offered together as one development package and are zoned R2 (Two-Family Residential District). The package includes 3097, 3093, 3087, 3081, 3075, 3069, 3063, 3055, 3403, and 3407 Van Dyke - All parcels come with clear title. Located along the Van Dyke corridor, these parcels offer excellent visibility and convenient access to major roadways, shopping, dining, schools, parks, public transportation, and many of Detroit's key destinations. The surrounding area continues to benefit from ongoing investment and revitalization, making this an exciting opportunity for future development. All parcels must be sold together as one package. Purchaser to verify zoning, utilities, dimensions, permitted uses, and all development requirements. Sale is subject to Detroit Land Bank Authority requirements and approval. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

3087 Van Dyke Street, Detroit

3093 Van Dyke Street, Detroit
$50,000
20261071180 MLS ⋅ ACTIVE Status
Islandview Development Opportunity – 10-Parcel Assemblage | Approx. 33,447 SF Exceptional opportunity to acquire 10 contiguous vacant parcels totaling approximately 33,447 SF (0.77 acres) in Detroit’s Islandview neighborhood along the Van Dyke corridor. The parcels are offered together as one development package and are zoned R2 (Two-Family Residential District). The package includes 3097, 3093, 3087, 3081, 3075, 3069, 3063, 3055, 3403, and 3407 Van Dyke - All parcels come with clear title. Located along the Van Dyke corridor, these parcels offer excellent visibility and convenient access to major roadways, shopping, dining, schools, parks, public transportation, and many of Detroit's key destinations. The surrounding area continues to benefit from ongoing investment and revitalization, making this an exciting opportunity for future development. All parcels must be sold together as one package. Purchaser to verify zoning, utilities, dimensions, permitted uses, and all development requirements. Sale is subject to Detroit Land Bank Authority requirements and approval. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

3093 Van Dyke Street, Detroit

3097 Van Dyke Street, Detroit
$50,000
20261071176 MLS ⋅ ACTIVE Status
Islandview Development Opportunity – 10-Parcel Assemblage | Approx. 33,447 SF Exceptional opportunity to acquire 10 contiguous vacant parcels totaling approximately 33,447 SF (0.77 acres) in Detroit’s Islandview neighborhood along the Van Dyke corridor. The parcels are offered together as one development package and are zoned R2 (Two-Family Residential District). The package includes 3097, 3093, 3087, 3081, 3075, 3069, 3063, 3055, 3403, and 3407 Van Dyke - All parcels come with clear title. Located along the Van Dyke corridor, these parcels offer excellent visibility and convenient access to major roadways, shopping, dining, schools, parks, public transportation, and many of Detroit's key destinations. The surrounding area continues to benefit from ongoing investment and revitalization, making this an exciting opportunity for future development. All parcels must be sold together as one package. Purchaser to verify zoning, utilities, dimensions, permitted uses, and all development requirements. Sale is subject to Detroit Land Bank Authority requirements and approval. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

3097 Van Dyke Street, Detroit

2969 Seminole Street, Detroit
$98,000
26046065 MLS ⋅ ACTIVE Status
A rare opportunity to build in Detroit's storied Indian Village, one of the city's most architecturally significant and sought after historic neighborhoods. This residential parcel at 2957 Seminole Street offers a generous homesite surrounded by tree lined streets, stately early 20th century homes, and a strong sense of community. With convenient access to West Village, Islandview, Belle Isle, and downtown Detroit, this location blends neighborhood charm with urban convenience. Whether you envision a classic revival style residence or a modern interpretation that complements the historic district, this lot provides an exceptional canvas. A wonderful chance to create something new in a neighborhood celebrated for its heritage, beauty, and enduring appeal.

2969 Seminole Street, Detroit

2957 Seminole Street, Detroit
$98,000
26046062 MLS ⋅ ACTIVE Status
A rare opportunity to build in Detroit's storied Indian Village, one of the city's most architecturally significant and sought after historic neighborhoods. This residential parcel at 2957 Seminole Street offers a generous homesite surrounded by treelined streets, stately early 20th century homes, and a strong sense of community. With convenient access to West Village, Islandview, Belle Isle, and downtown Detroit, this location blends neighborhood charm with urban convenience. Whether you envision a classic revival style residence or a modern interpretation that complements the historic district, this lot provides an exceptional canvas. A wonderful chance to create something new in a neighborhood celebrated for its heritage, beauty, and enduring appeal.

2957 Seminole Street, Detroit

2540 Beals Street, Detroit
$11,500
20261060770 MLS ⋅ ACTIVE Status
This vacant lot is bundled with 2534 and 2528 Beals totaling= 9,590 sqft. Not sold separately. All 3 lots= 34,500K. Zoned R2. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. 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 and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI “

2540 Beals Street, Detroit

2534 Beals Street, Detroit
$11,500
20261060709 MLS ⋅ ACTIVE Status
This vacant lot is bundled with 2528 and 2540 Beals totaling= 9,590 sqft. Not sold separately. All 3 lots= 34,500K. Zoned R2. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. 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 and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI

2534 Beals Street, Detroit

2528 Beals Street, Detroit
$11,500
20261060396 MLS ⋅ ACTIVE Status
This vacant lot is bundled with 2534 and 2540 Beals totaling= 9,590 sqft. Not sold separately. All 3 lots= 34,500K. Zoned R2. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. 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 and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI

2528 Beals Street, Detroit