Tuesday, April 12, 2005

City of Detroit's Riverfront Vision Becoming More Clear

The City of Detroit took another major step in the redevelopment of the Detroit Riverfront yesterday when it purchased land from Cemex - the last of the old cement companies that once operated on the riverfront.

According to this article in today's online edition of the Detroit Free Press, the city paid $23 million for the site, which will later be turned into a park.

Detroit's newest land acquisition is another addition to the multimillion-dollar redevelopment of the city's riverfront, which includes plans for a $500 million RiverWalk between the Ambassador and MacArthur bridges.