13402 Dean St Hamtramck, MI 48212

This vacant land presents a building opportunity on the border of Hamtramck, Michigan. The addresses associated with the land include 13402 Dean, 13410 Dean, 13414 Dean, 13420 Dean, 13428 Dean, 13434 Dean, and 13400 Dean. The lots are to be sold together. The intended use of the property is for building. The building should define space in a meaningful way and should be designed to complement the community. The development should provide a diverse residential stock and density at a variety of procedure of prices points, ownership types (i.e. rent, own), and housing types. Densities shall support opportunities for neighborhood commercial investments and jobs creation, stimulating growth in the local economy. The lot size is 0.07 acres. 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 abatement that are 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 additional attached documents.