[DetroitMan]

The city has established a nonprofit conservancy to help fund and operate the Joe Louis Greenway.
City of Detroit launches nonprofit to help fund, run 30-mile Joe Louis Greenway

The city broke ground on the first phase of the project in September. It expects to complete the greenway in the next four to seven years at an estimated cost of about $240 million, Dick said. It's designating $60 million in American Rescue Plan Act dollars to the project and has secured a $40 million earmark in the state's fiscal 2023 budget.

"We are continuing to fundraise and are confident that we will achieve our goals," Dick said.

A $500,000 grant from the Hudson-Webber Foundation is helping to stand up the new conservancy's operations over the next two years and provide a reserve for due diligence on property that might be needed, such as land surveys, appraisals and environmental studies, Trudeau said.

https://www.crainsdetroit.com/nonpro...louis-greenway