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.
Tuesday, April 12, 2005
City of Detroit's Riverfront Vision Becoming More Clear
