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Detroit Economic Growth Corporation
500 Griswold St., Suite 2200
Detroit, MI 48226
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Letter Regarding Chevrolet Offer to Build Youth Baseball Field9/16/2011
Category:Press Releases
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The following is a statement from George Jackson, president and CEO of Detroit Economic Growth Corporation, and the text of the letter he sent to Philip Caruso, Chevrolet Promotional Manager, who offered support to build a youth baseball diamond on the City's development site on Michigan Avenue between Trumbull and Cochrane Streets.

George W. Jackson, Jr., president and CEO of Detroit Economic Growth Corporation said, "We appreciate the support that General Motors has demonstrated for the city of Detroit. The simple fact is that the site on Michigan is one of the few large pieces of property in Detroit that is ready to develop and close to freeways and downtown. It simply does not make sense to develop that site for a youth baseball diamond when there are many other sites throughout the city that would benefit from Chevy's offer. We look forward to working with the City and Chevrolet to find one of them where the company can invest in youth baseball."

TEXT OF THE LETTER

Philip Caruso
Chevrolet Promotional Manager
Mr. Caruso,

Thank you for your interest in supporting the revitalization of Detroit. Considering Chevrolet's strong association with baseball and Americana, I can see that the idea of playing ball again on the field at Michigan and Trumbull would have a lot of appeal to you. 

However, that site has great potential for a comprehensive economic development that could bring a substantial investment and new jobs to Detroit. In fact, it is one of the largest development-ready parcels near downtown that the City owns. Committing control of it to a third party for a single use would be a significant obstacle to any other developer able to undertake a large-scale project. We have serious objections to placing any new obstacles before developers; we have plenty of perceived ones as it is.

For that reason, we are not recommending the EDC or City of Detroit enter into any agreements regarding the site until we have identified a qualified developer with a sustainable financial plan for a comprehensive use of the site that brings clear economic benefits to the City. The EDC did conduct a review of proposals earlier this year, and although none of the respondents submitted plans that met the EDC's requirements, it continues to be receptive to well-conceived projects from qualified developers.

I appreciate the generosity that Chevrolet has shown with its offer to create more recreational opportunities for Detroit youth, and would be pleased to meet with you to discuss other locations in the City where it would be accepted gratefully.

Please contact my executive assistant to arrange for a convenient time for our discussion. I look forward to talking to you.

Regards,

George W. Jackson, Jr.
President and CEO
Detroit Economic Growth Corporation

END OF LETTER

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