Louis Aguilar and Sarah Rahal The Detroit News Published 7:26 PM EDT May 23, 2019 Detroit — The head of the family-run conglomerate that owns or controls about 60% of the properties within 50 city blocks gave a vague upbeat answer when asked why most of the area remains undeveloped despite promises made years ago. “I’m aware of the coverage that’s been out there, but I’m so focused on what we’re working on,” said Chris Ilitch, president and CEO of Ilitch Holdings. “There’s so much to do.” His comments were made after The Detroit News published a review of property records, state records, interviews and tax assessments that showed the Ilitch family enterprise has a dominant interest in the languishing 50-block area called the District Detroit. They also come after an HBO sports show in April was critical of the still-unfulfilled promises by the Ilitch family to build five new neighborhoods around the arena as part of the District Detroit. The segment on the “Real Sports With Bryant Gumbel” was billed by the cable channel as a look at ”whether government officials in Michigan gave a sweetheart arena deal to the wealthy Ilitch family despite Detroit facing an $18 billion bankruptcy — the largest of any city in U.S. history.” Ilitch made… Read full this story
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