‘Dark Stores’ Squeeze Michigan City Tax Revenue

Closed store entrance

Vacant big box stores in Michigan become tax-reducing boons to retail companies statewide when those establishments have property assessed at rates sometimes 50% lower than previous rates.

This is known as a “dark stores” strategy, which often leaves local taxpayers to foot the tab.

An S&P report released Thursday found the strategy is employed nationwide.

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Minneapolis Suggests Business Owners Install ‘Permanent Security Gates’ Ahead of Chauvin Trial

City leaders encouraged Minneapolis business owners to consider installing “permanent security gates” ahead of ex-officer Derek Chauvin’s trial in the death of George Floyd.

The trial is set to begin Monday with jury selection but could face delays because of an appellate court’s Friday ruling that the presiding judge in the case erred when he didn’t reinstate charges of third-degree murder against Chauvin, The New York Times reported.

The downtown area is already heavily fortified, with businesses and government buildings boarding up their windows and installing barricades.

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