Here are a few of the stories we're reading this week.
The mayoral race is open
On Wednesday, Mayor Mike Duggan announced he will not run for another term as Detroit's mayor, leaving room for someone new to take the position. City Council President Mary Sheffield, former Councilwoman Saunteel Jenkins, Councilman Fred Durhal III and businessman Joel Haashiim have all filed committees for the post. Duggan has been Detroit's mayor since 2014, and in that time, significant changes have happened across the city; for the first time in decades, Detroit finally saw an increase in population last year. He didn't announce his next step yet, but it's widely believed he'll run for governor. Detroit Free Press, City of Detroit
3 caps over 75
We've been hearing about plans for a cap over I-75 downtown for a while now, and Downtown Detroit Partnership recently presented an idea for three lids over sections of 75 to bridge the gap between Midtown and downtown. The 600-800 foot caps would be located at 1) either between Third and Grand River or Grand River and Second, 2) at Woodward, and 3) between John R and Brush in Brush Park. The first would be near the new UM Center for Innovation, and could have places for public spaces and pop-up restaurants and retail, or possibly outdoor classrooms and walking/biking trails. The second, bridging Midtown with more entertainment areas, could include more public space and seasonal activations, plus retail and restaurants. The third would be closer to the Ford Field and Comerica Park, with a stronger sports and entertainment focus in the programming. A feasibility study could start early next year and they're still seeking public feedback. Crain's Detroit Business (paywalled), DDP
Ex DRFC CFO admits to stealing $44.3 million
William Smith, the ex CFO of the Detroit RiverFront Conservancy, has admitted to stealing $44.3 million (at least) over 12 years from the organization. He has agreed to pay it back. Money from the DRFC went into through one of his companies and he purchased flights, luxury items, real estate, jewelry and more. He'll be sentenced March 20. The Riverfront Conservancy has continued to move forward in this time; the Ralph C. Wilson Centennial Park is set to open next year. A temporary riverfront walk was supposed to open in front of Riverfront Towers, but that's delayed now until the park opens next fall. Detroit News
