General Motors and Bedrock are advancing a $1.6 billion-plus redevelopment of Detroit’s Renaissance Center and surrounding east riverfront. The plan would preserve and remake three of the five original towers, remove two, add hundreds of residential units and create new retail, entertainment and public-space connections. The proposal is now moving through Detroit’s Community Benefits Ordinance process, while expanded Michigan brownfield financing could provide the project as much as $300 million in incentives over 20 years. It still requires several public approvals. Detroit therefore has leverage now to decide which public outcomes should be conditions of substantial public assistance. The RenCen is both private real estate and part of Detroit’s public identity. If taxpayers help make redevelopment feasible, the strongest conditions should produce benefits that remain after the construction cranes leave.
In return for public incentives, which RenCen benefit should Detroit protect most strongly?