![]() The goal is to create one square mile of vibrant, mixed-use space elevating food production and distribution that coexists with residential neighborhoods offering expanded amenities. Bring your resume Walk ins are welcome, but you can register for. The two-year study, completed in 2019, details a path to expand food manufacturing and retail, increase job opportunities, and revitalize underutilized land adjacent to the existing core market. We're hosting a jobfair on Tuesday, November 16th at Northwest Activities Center The job fair will run from 11 a.m. Today, DEGC and the city are leading the charge to further elevate the market as one of the nation’s most comprehensive regional hubs using the Eastern Market Neighborhood Framework Study as a North Star. Eastern Market includes transportation assets such as I-94, I-75, freight rail, the Dequindre Cut pathway, and access to primary and secondary bus routes. Though inclusive of a diverse variety of uses, including light industrial and the design arts, the zone is primarily dominated by food-related activities such Pepsi Bottling, Wolverine Packaging, Grobbels Corned Beef and Pellerito Foods. ![]() So the Jewish community only stayed there nineteen years. By 1974 they were gone, and they gave it to the city of Detroit for a dollar. The 1,130-acre Eastern Market Development District is a center of importing, processing and selling wholesale food. And just to use that as a backdrop, the Northwest Activity Center was built as a Jewish community center in 1955. Qualifying low-income census tracts with a poverty rate of at least 20 percent are eligible to be designated as an “Opportunity Zone.” Opportunity Zones increase the attractiveness of equity investments in areas that otherwise don’t provide competitive returns, and can significantly help businesses and developers raise capital to invest in Detroit. Instead, the program provides a deferral or, in some instances, exclusion from capital gains tax for certain investments made through Opportunity Funds and is designed to provide the most upside to those who hold their investment for 10 years. Detroit at Work Michigan Avenue Career Center HOT EMPLOYERS for Justice. This tool is market driven and does not provide upfront cash relief. Here’s how it works: The federal government developed this incentive in 2018 to catalyze development – residential, commercial and business – in economically-distressed communities that wouldn’t normally attract new investment. Developers who invest in one of 70 designated areas in Detroit through an Opportunity Fund may be eligible for a deferment, or in some instances an exclusion, from capital gains tax.
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