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  2. Hantz Woodlands - Wikipedia

    en.wikipedia.org/wiki/Hantz_Woodlands

    Hantz Woodlands, also known as Hantz Farms, is an urban tree farm on the lower east side of Detroit.The project has cleared more than 2,000 vacant city-owned lots, totaling more than 140 acres, and has demolished blighted homes and cleared empty lots to make way for a hardwood tree farm, bounded by E. Jefferson Avenue, Mack Avenue, St. Jean Street and Van Dyke Avenue.

  3. Eight Mile-Wyoming area - Wikipedia

    en.wikipedia.org/wiki/Eight_Mile-Wyoming_area

    The Eight Mile-Wyoming area historically represented an empowering area for Black home development and ownership in the 1920s and 1930s. Horace White, a leading Detroit minister and the first black member of the Detroit Housing Commission (DHC), states it represented an important place of black settlement "because it was their one opportunity, as they saw it, to own their own homes and rear ...

  4. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...

  5. Casa del Rey Apartments - Wikipedia

    en.wikipedia.org/wiki/Casa_del_Rey_Apartments

    Architectural style. Late 19th And 20th Century Revivals, Spanish eclectic. NRHP reference No. 89000787 [1] Added to NRHP. June 29, 1989. The Casa del Rey Apartments is an apartment building located at 111 Oneida Road in Pontiac, Michigan. It was listed on the National Register of Historic Places in 1989.

  6. Land banking - Wikipedia

    en.wikipedia.org/wiki/Land_banking

    Syracuse Land Bank property, Syracuse, New York Land banking is the practice of aggregating parcels of land for future sale or development.. While in many countries land banking may refer to various private real estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities tasked with managing an inventory of surplus land.

  7. RACER Trust - Wikipedia

    en.wikipedia.org/wiki/RACER_Trust

    In August 2014, RACER sold two of its Pontiac, Michigan properties, PCC Validation I and PCC Validation II, to M1 Concourse, LLC. [15] The two adjacent sites comprised 86 acres of vacant land once owned by the Rapid Motor Vehicle Company until being acquired by Old GM in 1909. The buyer built an exclusive community of more than 250 secure ...

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