11534 WOODROW WILSON Street, Detroit, MI 48206

This land-based site in Detroit, MI, presents an opportunity for various activation and stewardship projects. The sale includes additional parcels at 1550, 1540, and 1534 Lawrence. The Detroit Land Bank Authority (DLBA) is seeking proposals to support the activation of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult the DLBA's proposal guidelines for land-based sites and their Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional neighborhood context. Note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission information. The property is zoned for commercial use.