Only little pay property taxes in Detroit-$27 million in tax incentives approved for new Detroit office tower

$27 million in tax incentives approved for new Detroit office tower | Crain's Detroit Business:
"Developers of a proposed $111 million office building in Detroit received approval Wednesday for $27 million in tax incentives.
The board of the Detroit Brownfield Redevelopment Authority voted Wednesday afternoon during a meeting at the Guardian Building to approve the incentives for the 320,000-square-foot office building on the Monroe Block, bounded by Monroe, Bates and Farmer streets, Woodward Avenue and Cadillac Square.
The brownfield incentives won't be awarded until after the building is constructed.
Construction of the development by Livonia-based Schostak Bros. & Co. "