$300M Tax-Capture Plan Approved for Ann Arbor Development

Washtenaw County Brownfield Redevelopment Authority greenlights financing for major project

Published on Feb. 13, 2026

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The Washtenaw County Brownfield Redevelopment Authority has unanimously approved a $300 million tax-capture plan to help finance a large six-block development project in downtown Ann Arbor, Michigan. The plan will allow the developer to use future tax revenue from the project to pay for environmental cleanup and other infrastructure costs.

Why it matters

This tax-increment financing (TIF) deal is a crucial step forward for the high-profile development, which aims to transform a swath of underutilized land in the heart of Ann Arbor. The project is expected to bring new housing, retail, and office space to the area, boosting the local economy.

The details

The brownfield tax-capture plan allows the developer to use future tax revenue generated by the project to pay for environmental remediation and other infrastructure costs associated with the development. This type of financing mechanism is commonly used to spur investment in blighted or contaminated areas.

  • The Washtenaw County Brownfield Redevelopment Authority approved the $300 million tax-capture plan on February 13, 2026.

The players

Washtenaw County Brownfield Redevelopment Authority

A county-level organization that oversees brownfield redevelopment projects and can approve tax-increment financing plans to support such developments.

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What’s next

The tax-capture plan will now go to the Ann Arbor City Council for final approval, which is expected to be a formality given the unanimous support from the Brownfield Redevelopment Authority.

The takeaway

This tax-increment financing deal demonstrates Ann Arbor's commitment to revitalizing underutilized areas of the city and leveraging public-private partnerships to drive economic development and growth.