Livernois-Intervale area on the west side, covering 73 acres in a mixed use industrial section. It is bounded by Linden, Intervale, Cloverdale, and Livernois. Old Packard Site, consisting of 71 acres in the east central area of the city generally bounded by the old Packard plant, Farnsworth St., Canton and Mt. Elliott. Central City area, with 68 acres bounded by Milwaukee, Piquette and the Ford Freeway Service Drive, John R and the Chrysler Freeway. Entrepreneurs and residents often confuse Detroit's Renaissance Zone with the Federal Empowerment Zone.
Significant features differentiate the two programs.
In addition to the current Renaissance Zone, the city of Detroit is working with the Detroit Economic Growth Corporation to identify other areas within the city as potential sites for further Renaissance Zone designations by the state. Currently, there are 266 operating businesses within Detroit's Renaissance Zone. State and local taxes that are waived for businesses and residents of the zone include the single business tax, personal income tax and the 6 mill state education tax. Local taxes which are waived include real and impersonal property tax on operating tax, local income tax and utilities user tax. Other taxes which can be abated include the Enterprise Zone tax, technology park facility tax and the neighborhood enterprise zone tax.