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Property sale brings economic opportunity, new business to former Detroit House of Corrections property
March 20, 2019
Developer purchases eight acres of land for new research and development facility in Plymouth’s Michigan International Technology Center
CONTACT: Erica Quealy
LANSING, Mich. — The first eight-acre parcel of the former 120-acre Detroit House of Corrections property has been sold, the Michigan Land Bank Fast Track Authority announced today.
The Michigan Land Bank acquired the property known as DeHoCo in 2015 and has been working with local leaders through the demolition and purchasing process.
“The sale of this property is yet another step forward in ensuring this once dilapidated property is put back into productive use for the Plymouth community,” Michigan Land Bank Director Josh Burgett said. “DeHoCo has been an eyesore in the area for years, and with demolition work wrapped up, we’re excited to see the addition of a new development project that will bring a wealth of revenue and jobs to the area.”
The eight-acre parcel was purchased by Hillside Investments as part of the first phase of a larger development at the corners of Five Mile and Ridge Roads in Plymouth Township.
“This has been a great experience working with the Michigan Land Bank on the purchase of this parcel. We are excited to be part of the revitalization of this property and look forward to more opportunities to collaborate to help further our vision for this area,” Hillside Investments Principal Jason Biber said.
The vision for the property includes being part of the Michigan International Technology Center, an advanced technology business park in the Five Mile corridor in Plymouth Township. Construction for the new facility is slated to start this summer.
“Working with the Michigan Land Bank and Hillside Investment has been a positive collaboration that is helping take this old eyesore and transform it into a driver of economic growth for our community,” Plymouth Twp. Supervisor Kurt Heise said.
The former correctional facility sat vacant and deteriorating since 2004, limiting development in the growing area. Demolition of the buildings began in early 2017 with a $2.2 million investment as part of the Michigan Land Bank’s process to prepare the site for sale and redevelopment.
The mission of the Michigan Land Bank is to create positive economic impact to Michigan communities by recycling land to productive use. Learn more at Michigan.gov/LandBank.