ANN ARBOR, MI — The biggest tax-capture deal for private development in Washtenaw County history has been postponed amid hesitancy from community members and commissioners.
The Washtenaw County board agreed 6-3 Wednesday night, May 6, to delay a vote on a brownfield plan for the mixed-use build planned for more than 20 acres off State Street and Eisenhower Parkway in Ann Arbor. The move, which came in a 6-3 vote, pushes the decision to May 20.
The plan calls for capturing up to $345 million in property taxes that the development would generate over 30 years to reimburse development costs. That includes paying for three private parking decks, other infrastructure and environmental activities associated with a former gas station on the corner…