DETROIT, Dec. 11, 2012 /PRNewswire/ -- Editor's Note:  The following statement may be attributed to John Hantz, President and CEO, Hantz Group:

"We are greatly pleased with today's decision by the Detroit City Council to approve the development agreement allowing us to contribute to creating more livable Detroit neighborhoods. We have been working with the City of Detroit for more than four years, meeting with city residents, negotiating with department representatives, the City Planning Commission, the administration and City Council members to reach an agreement that would allow us to move forward with our proposal and we are excited to begin developing Hantz Woodlands."

SOURCE Hantz Group