🚧 HUDSON’S SITE UPDATE: 8 YEARS & $1.4 BILLION LATER 🚧 Detroit’s skyline just got a major update! The exterior of the Hudson's Detroit building is FINALLY complete—but at what cost? 🤔 📌 The Breakdown: ✅ Construction began in December 2017 with an initial completion date of 2020—now pushed to 2025. ✅ Originally budgeted at $900M, the project ballooned to $1.4B—that’s $500M over budget! 💰 ✅ Detroit City Council approved a $60M tax abatement in 2022 to support development. ✅ Dan Gilbert secure
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🚧 HUDSON’S SITE UPDATE: 8 YEARS & $1.4 BILLION LATER 🚧 Detroit’s skyline just got a major update! The exterior of the Hudson's Detroit building is FINALLY complete—but at
🚧 HUDSON’S SITE UPDATE: 8 YEARS & $1.4 BILLION LATER 🚧 Detroit’s skyline just got a major update! The exterior of the Hudson's Detroit building is FINALLY complete—but at what cost? 🤔 📌 The Breakdown: Construction began in December 2017 with an initial completion date of 2020—now pushed to 2025. Originally budgeted at $900M ...
27.9K views9 months ago
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