While the project is undoubtedly ambitious, and unique in a few ways, the “open space” project is not exactly that. After all, the initial project area (the “Calumet Core”) is home to nearly half a million people, as well as 2,000 acres of industrial land.
Communities are having a problem with vacant properties in this recession. They’re struggling to generate tax revenues, properties are deteriorating with neglect, and neighboring property values are plummeting. Most towns are scrambling to find new tenants for these buildings: businesses,