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October 25, 2017

$16M OK'd for Detroit Pistons HQ

LANSING, Mich. (AP) — Michigan approved $16 million in tax incentives Tuesday to aid the Detroit Pistons' construction of a practice facility and headquarters in downtown Detroit, money the team said is needed to defray expensive work removing contaminated soil.

The $107 million, four-story building will be jointly constructed by Pistons Performance LLC and the Henry Ford Health System, and will also include retail/restaurant space, a parking deck and a sports medicine and medical office facility. The Michigan Strategic Fund Board acted at the request of the city of Detroit's Brownfield Redevelopment Authority.

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