Wednesday, November 27, 2013

Little House on the Prairie...DETROIT Style

Bankrupt and hemorrhaging population, the city of Detroit is banking on greener pastures to lead its rebirth. 
A private company is snapping up 150 acres on the Motor City's East End -- property where more than 1,000 homes once formed a gritty neighborhood -- and turning it into what is being billed as the world's largest urban farm. Hantz Woodlands plans to start by planting trees, but hopes to raise crops and even livestock in the future, right in the midst of the once-proud city.
“We are interested with moving into different types of agriculture,” Mike Score, president of Hantz, told FoxNews.com
Hantz needed approval from Michigan Gov. Rick Snyder to buy up the 1,500 parcels for approximately $450,000, or $300 per parcel. Many of the parcels held dilapidated and abandoned homes and buildings and were condemned by the city. Others were rubble-strewn or weed-choked lots. The company intends to spend $3 million to clean out the areas. 
“Your eyes would have a hard time absorbing the blight,” Score said. “A third of every neighborhood in Detroit has been devalued by blight on public property. Score and local officials believe a well-run farm is the best way to stabilize the area's downward spiral, and help surrounding homes and businesses keep their property values from falling further. 
Score says that once the sale is complete, his company will spend the winter clearing 15 acres to plant 15,000 trees during the first phase. They also intend to add orchards further down the line.
Read the rest of the story HERE and view a related video below:



A little advise to Hantz...Make sure your lawyers puts a clause dealing with any future Eminent Domain seizures in the Purchase of the properties. If you don't, as soon as the place begins to look good..they'll come and take it back.

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