The city of Detroit is moving the 85,000 or so parcels of Detroit land owned by the city, county and state into the city land bank in an effort to streamline real estate sales to entrepreneurs with viable plans to develop vacant properties, mlive.com reported.
On the flip side, next month the city plans to launch a campaign of filing nuisance abatement lawsuits against absentee landlords and taking vacant properties back when owners have left them to rot.
Source: mlive.com