Michigan cities scramble to recycle auto plants | detnews.com | The Detroit News: "Plans by General Motors Corp. and Chrysler Group LLC to shutter Michigan auto plants will dump 25 million square feet of industrial land onto a struggling commercial real estate market and have sparked a race against time in communities unsure what to do with vast, vacant sites.
In addition to the loss of an estimated 10,000 factory jobs in the next two years, the host communities will lose millions in property taxes they can sorely afford to forfeit: GM already has taken steps to slash as much as 80 percent of its tax liability in some municipalities."
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Michigan will soon have plenty of vacant land. Flint and Detroit are going to have entire neighborhoods razed, and add to that the enormous auto plants.
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