Bloomfield Park redevelopment gets $24.7 million tax capture
The Michigan Strategic Fund has approved $24.7 million in local and school tax captures for the Village at Bloomfield project in Pontiac and Bloomfield Township.
The $123 million project by Southfield-based Redico LLC and California-based Pacific Coast Capital Partners LLC, or PCCP, is a redevelopment of the Bloomfield Park project that failed nearly a decade ago in the wake of the Great Recession and created one of Oakland County’s most prominent eyesores.