From the Associated Press — The city of Detroit’s incentives for Fiat Chrysler to build a new assembly plant include $12 million in tax abatements over a dozen years and 200 acres of land. Mayor Mike Duggan’s office said Tuesday that the city will work with the state
on other incentives for the automaker’s $1.6 billion investment to convert its Mack Avenue Engine Complex into a new facility. Detroit has 60 days to get the land, 170 acres (68 hectares) of which is owned by the city, a power utility, a public water authority and a family of prominent wealthy businessmen. Duggan said the city has limited funds and hopes to primarily use land swaps to acquire the properties. Environmental reviews of the land also are required. No residents are expected to be displaced by the project.
