I get the feeling that this is the sort of situation Dan Gilbert would just love to capitalize on. If he makes the Hudson project majority residential and with a good number of units, no doubt it'd get filled in an instant. And if it does get filled, he'll just build another one until demand matches supply. He'll be able to shuffle in all the workers of companies that he brings into downtown with incentives and whatnot.
Plus Mayor Duggan just announced plans to
lower property taxes by 5% to 20% depending on the neighborhood. Stable areas are more likely to see a smaller cut than vacant areas, but it's all good nonetheless.
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