Inside Michigan’s secret $261M plan to raze homes for megafactory that never came - AP News

Michigan spent $261 million on a secret plan to demolish homes to make way for a megafactory that ultimately never materialized. The state acquired and razed hundreds of properties in what was presented as an economic development initiative, but the promised industrial project failed to come to fruition. Residents and property owners affected by the demolitions were left without homes or adequate compensation, raising questions about how the state managed public funds and handled the displacement. The failed development represents a significant waste of taxpayer money and highlights the risks of large-scale, speculative real estate acquisition tied to uncertain corporate commitments. The plan's secrecy and the lack of tangible results have prompted scrutiny over Michigan's economic development practices and accountability.