[animatedmartian]

Final plans for Hudson’s site could be ready in 30 days
Louis Aguilar, The Detroit News. December 21, 2015.



Billionaire Dan Gilbert’s final plans for the vacant Hudson’s site in downtown Detroit could be revealed in 30 days or sooner.

Gilbert has described the project a "once-in-a-lifetime opportunity." The block-long site on Woodward Avenue is where the former J.L. Hudson’s store once stood. There was a Dec. 31 deadline but Gilbert is still negotiating to buy the city-owned 900-space Premier Garage underneath the site. The deadline to settle that garage deal was given a 30-day extension.

The extension was approved Monday by the board of the city’s Downtown Development Authority, DDA, which is a unit of the Detroit Economic Growth Corp. Thomas Lewand, who is the chairman’s representative on the DDA board, said the Premier Garage and the Hudson’s site deals are linked and so it “doesn’t make sense” for one part of the agreement to go forward until all issues are settled.

Lewand said a tentative deal could be reached in less than 30 days.

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http://www.detroitnews.com/story/bus...roit/77692908/